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More Bits, More Atoms: How Datacenters Are Driving Nuclear Demand

Nuclear Power

Nuclear PowerA day after announcing a deal to provide nuclear energy to a data center, Oklo says it expects to sign additional contracts from the power-hungry industry.

About 80% of Oklo’s inbound inquiries are coming from data center operators, according to Jacob DeWitte, chief executive officer of the company that is backed by Sam Altman, CEO of the AI firm OpenAI. It went public this month through a merger with Altman’s AltC Acquisition Corporation.

Oklo reached an agreement on Thursday to provide Wyoming Hyperscale with 100 megawatts of power for their data center campus. “This is merely scratching the surface,” DeWitte said in a Friday interview at Bloomberg’s New York headquarters. “There’s much more on the horizon.”

While energy providers are scrambling to accommodate the predicted surge in demand due to artificial intelligence and data centers, Oklo won’t be able to contribute immediately. The company, based in Santa Clara, California, is still waiting for the green light from the regulators to start building its reactor. DeWitte indicates that it’s highly unlikely for the reactor to be operational before 2027.

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