Oklo is developing small nuclear reactors for data centers, but won’t generate revenue until 2027 at the earliest. The International Energy Agency predicts global electricity consumption from data centers could double by 2030 due to AI growth. Oklo claims its reactors can provide up to 75 megawatts of power and aims to sell electricity directly. However, the company lacks regulatory approval for commercial operations. Oklo is targeting a launch date between late 2027 and early 2028. While the company has backers and funds, it faces technology challenges. Investors may need to wait for meaningful revenue.

Read more at Yahoo Finance: Artificial Intelligence Needs Nuclear Energy, and Oklo Could Deliver It