Oklo Inc. received key regulatory clearances for its Aurora advanced nuclear reactor and associated fuel recycling facilities. The company commenced construction activities at Idaho National Laboratory.
Oklo solidifies its strategy to supply power for the energy-intensive artificial intelligence data center industry.
Wedbush maintained an "Outperform" rating and a $150 price target. The firm cited the increasing need for reliable, low-carbon energy sources. This need is driven by a projected tenfold increase in AI computing power by 2030. William Blair also reiterated an "Outperform" rating.