OpenAI's Sam Altman Is Betting Big on Nuclear -- Should You Follow Him Into Oklo?
The stock is now down 75% from all-time highs.
Overview
Sam Altman is well known for leading OpenAI, the disruptive force that created the artificial intelligence (AI) revolution. But he is also a disruptive force as a backer of technologies across a range of industries, most famously at nuclear energy start-up Oklo (NYSE: OKLO). The stock went on a miracle run last year on bullish enthusiasm tied to the power needs of AI data centers, hitting a market cap of around $25 billion in 2025.
Now shares are down 75% in less than a year. Does that mean you should follow Altman and his investment worth hundreds of millions of dollars and buy the dip on Oklo stock?
Details
Nuclear energy may be a way to generate electricity for power-hungry AI data centers without raising residential electric bills.
Source
Originally published at www.fool.com.