Oklo public debut.

Oklo, a micronuclear reactor company with significant backing from OpenAI's Sam Altman, went public via SPAC on Friday and shares tumbled 54%, Bloomberg reports.

Nuclear may be a solution for power-hungry data centers, and demand for those is on the rise after Altman's OpenAI's ChatGPT catalyzed the industry. But Oklo still has to get approval from the NRC.

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Cat Clifford

Senior Science and Economics Correspondent