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Nuclear power can help with AI energy demand: Oklo CEO
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The International Energy Agency forecasts that global electricity consumption for the cryptocurrency, data center, and AI sectors could double by 2026. To this end, Oklo aims to create clean energy through fission reactors and has earned the backing of OpenAI founder Sam Altman. Oklo CEO Jake DeWitte joins Catalysts to discuss the company's operations and the energy landscape in the age of artificial intelligence.
DeWitte says Oklo deploys "next-generation" nuclear technology with "huge" potential, pointing to its supposed ability to power the planet for over a billion years. The CEO notes that energy demand is "staggering," as the AI sector is already building on top of the clean energy transition drive.
Regarding the company's operations, DeWitte explains that Oklo designs, owns, and operates its own nuclear plants and sells the power through long-term uptake agreements. He adds that Oklo will work with data centers, sometimes building plants next to the data centers.
#youtube #news #nuclear
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DeWitte says Oklo deploys "next-generation" nuclear technology with "huge" potential, pointing to its supposed ability to power the planet for over a billion years. The CEO notes that energy demand is "staggering," as the AI sector is already building on top of the clean energy transition drive.
Regarding the company's operations, DeWitte explains that Oklo designs, owns, and operates its own nuclear plants and sells the power through long-term uptake agreements. He adds that Oklo will work with data centers, sometimes building plants next to the data centers.
#youtube #news #nuclear
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
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