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Sam Altman-backed nuclear startup Oklo lands massive data center power deal, with caveats
Among the hurdles, Oklo still hasn’t received approval from the Nuclear Regulatory Commission after having its previous application denied.
The new agreement would see Oklo building enough small modular reactors(SMR) by 2044 to generate 12 gigawatts of electricity for Switch’s data centers, which today serve a wide range of companies, including Google, Nvidia, Tesla, Paypal, JP Morgan Chase, and others. Should Oklo receive approval and be able to meet its internal deadlines, it will still face stiff competition from other nuclear startups in addition to renewable power projects. Google announced last week that it was helping to anchor a renewable power deal that will see $20 billion worth of solar, wind, and batteries.
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