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Shares of Oklo Inc. (NYSE: OKLO) have soared 137% over the past month, gaining traction as a strong bet on nuclear energy’s role in powering AI-driven infrastructure. The rally comes amid a broader shift toward advanced nuclear technology, with Oklo emerging as a key player, largely due to its ties to OpenAI CEO Sam Altman, who serves as the company’s chairman. Oklo one-month price chart. Source: Google Finance The stock continued its upward momentum, gaining 8.5% on February 12 to close at $54.38, extending its remarkable 411% rise over the past year. The rally follows a brief sell-off in late January when Oklo shares dipped before rebounding sharply.  Investors have since piled back in, fueled by favorable energy policies, key partnerships, and bullish analyst endorsements, strengthening confidence in Oklo’s long-term potential. What’s driving Oklo’s rally in 2025? One of the biggest catalysts behind its recent rally has been Project Stargate, aimed at investing $500 billion in artificial intelligence (AI) development over several years, with an initial $100 billion commitment. While Oklo’s small modular reactor (SMR) technology is still in development, nuclear power is increasingly viewed as a sustainable and scalable energy source for AI-driven industries. OpenAI’s $19 billion commitment to the Stargate joint venture has further boosted investor optimism around the stock. Another major driver of Oklo’s surge has been the U.S. government’s shift toward energy expansion over net-zero goals. The appointment of Energy Secretary Chris Wright, a former Oklo board member, has also added to investor confidence. Key partnerships fueling Oklo’s growth Beyond speculation, Oklo has been actively expanding its footprint through key industry partnerships. In January, the company signed an agreement with RPower to accelerate power availability for data centers, aligning with growing demand from big tech companies for sustainable AI-driven operations. The company also signed a Memorandum…

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Filed under: News - @ February 13, 2025 12:22 pm