<p> OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, paving the way for potential tie-up between the companies.</p><p>The announcement send shares in Oklo down more than 11% in extended trading on Tuesday.</p><p>Jacob DeWitte, Oklo CEO and co-founder, will take over the role of chairman, according to the company, which aims to develop its first small modular nuclear reactor by 2027.</p>.'Trying hard to attract Indian customers': Sam Altman's AI image in cricket jersey sparks buzz.<p>The startup will continue to "explore strategic partnerships with leading AI companies, including potentially with OpenAI," Caroline Cochran, Oklo co-founder, said in a statement.</p><p>Oklo went public in the U.S. in May 2024 through Altman's special purpose acquisition company, AltC Acquisition Corp.</p><p>After decades of stagnation, interest in nuclear power has surged as a clean and reliable energy source as the generative AI boom has driven up power consumption and companies globally try to move towards net-zero carbon emissions.</p><p>In March, Oklo initiated a Pre-Application Readiness Assessment with the US Nuclear Regulatory Commission (NRC) for its Aurora Powerhouse reactors to address the first phase of Oklo's combined license application submission for the reactors.</p><p>In December, Oklo signed a non-binding agreement to provide power to Las Vegas-based data center operator Switch.</p>
<p> OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, paving the way for potential tie-up between the companies.</p><p>The announcement send shares in Oklo down more than 11% in extended trading on Tuesday.</p><p>Jacob DeWitte, Oklo CEO and co-founder, will take over the role of chairman, according to the company, which aims to develop its first small modular nuclear reactor by 2027.</p>.'Trying hard to attract Indian customers': Sam Altman's AI image in cricket jersey sparks buzz.<p>The startup will continue to "explore strategic partnerships with leading AI companies, including potentially with OpenAI," Caroline Cochran, Oklo co-founder, said in a statement.</p><p>Oklo went public in the U.S. in May 2024 through Altman's special purpose acquisition company, AltC Acquisition Corp.</p><p>After decades of stagnation, interest in nuclear power has surged as a clean and reliable energy source as the generative AI boom has driven up power consumption and companies globally try to move towards net-zero carbon emissions.</p><p>In March, Oklo initiated a Pre-Application Readiness Assessment with the US Nuclear Regulatory Commission (NRC) for its Aurora Powerhouse reactors to address the first phase of Oklo's combined license application submission for the reactors.</p><p>In December, Oklo signed a non-binding agreement to provide power to Las Vegas-based data center operator Switch.</p>