Sam Altman-backed Oklo signs power agreement with data center operator
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Oklo Inc, a nuclear startup backed by Sam Altman, has signed a non-binding agreement to supply power to Switch, a data center operator based in Las Vegas.
December 18, 2024 | 1:30 pm
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POSITIVE IMPACT
Switch, a data center operator, has entered into a non-binding agreement with Oklo Inc to receive power, potentially enhancing its energy sustainability.
The agreement with Oklo Inc could provide Switch with a sustainable energy source, potentially reducing costs and enhancing its green credentials, which may positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80