Oklo’s Nuclear Bet and Stock Crash | Business and Finance News

Sam Altman’s bet on nuclear energy via Oklo is hitting turbulence—stock down 75% in a year, no revenue, and billions in cash burned. Despite big dreams of powering AI data centers and a deal with Meta, Oklo’s reactors aren’t ready, regulators aren’t greenlighted, and the path to profit could take a decade. At $7.6 billion valuation with zero income, it’s a high-risk play. Analysts say investors should look elsewhere for safer, higher-growth opportunities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/60d52326f1bd54ee