Oklo Inc. and Meta Platforms have entered into an agreement to build a 1.2-gigawatt advanced nuclear power campus in Ohio to support META’s data center needs. META’s upfront funding covers fuel procurement and Phase 1 development, reducing early-stage risk. The project is set to start pre-construction studies in 2026, with initial power delivery aimed for 2030.

META has also secured nuclear power from existing plants and next-generation reactors. A deal with Vistra Energy ensures power supply from Ohio and Pennsylvania reactors, while a partnership with TerraPower focuses on developing new advanced nuclear capacity. These agreements support META’s long-term power needs as it scales its data center infrastructure.

Oklo’s stock has seen significant growth, with shares surging over 350% in the past year. The company has an average brokerage recommendation of 2.05 and a Zacks Rank #3 (Hold). For more insights on OKLO’s earnings and potential growth, refer to Zacks Investment Research for the latest updates and recommendations.

Read more at Nasdaq: What META’s 1.2 GW Deal Means for OKLO’s Ohio Nuclear Build