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α52
Alpha 52
Where AI meets Quant
OKLO
91.45
- 4.71%
Signal: 7.3
Slowing Down
Oklo Inc.
Utilities

News Sentiment

59m ago
Bullish 70%
Bearish 30%

News Summary

The company signed a major deal with Meta Platforms to build nuclear power plants to meet AI data center energy demands. Meta's commitments to the company and TerraPower aim to accelerate development of advanced nuclear reactors. The CEO noted a need for more skilled workers to build the plants. Analysts view Meta's energy deals as strategic with no major expense impact. The Department of Energy's $2.7 billion push for uranium enrichment could further support the nuclear sector.
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