Core Insights - The demand for energy in artificial intelligence (AI) is expected to increase significantly, with projections indicating a tenfold rise by 2030 according to S&P Global Market Intelligence [2]. - The International Energy Agency forecasts that electricity consumption in data centers will also double by 2030, highlighting the urgent need for energy solutions to support AI growth [2]. Company Overview - Oklo is a next-generation nuclear company focused on developing small, modular reactors, termed "powerhouses," which are designed to provide reliable, continuous power to data centers [4][3]. - The lead reactor design, Aurora, is engineered to operate for a decade or more without refueling, which is approximately five times longer than traditional water-cooled reactors [4]. Energy Capacity and Efficiency - Oklo's reactors can generate up to 75 million megawatts of electricity, sufficient to power most midsize facilities, and can be assembled more quickly than traditional reactors, aligning with the rapid development of AI [5][4]. - The company’s energy solutions could help alleviate the high-density computing and data center loads driven by AI, although overall energy demand is still expected to rise [3]. Market Performance - Oklo's stock has seen a dramatic increase of over 300% this year, reflecting investor enthusiasm for its energy potential, although it has also experienced significant volatility [7]. - As of the last quarter, Oklo had a cash reserve of $410 million, but it remains pre-revenue and lacks regulatory approval to build or operate reactors commercially [8].