Sam Altman to step down as Oklo chairman

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OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, paving the way for potential tie-up between the companies.

The announcement send shares in Oklo down more than 11% in extended trading on Tuesday.

Jacob DeWitte, Oklo CEO and co-founder, will take over the role of chairman, according to the company, which aims to develop its first small modular nuclear reactor by 2027.

The startup will continue to “explore strategic partnerships with leading AI companies, including potentially with OpenAI,” Caroline Cochran, Oklo…



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Sam Altman to step down as Oklo chairman


OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, paving the way for potential tie-up between the companies.

The announcement send shares in Oklo down more than 11% in extended trading on Tuesday.

Jacob DeWitte, Oklo CEO and co-founder, will take over the role of chairman, according to the company, which aims to develop its first small modular nuclear reactor by 2027.

The startup will continue to “explore strategic partnerships with leading AI companies, including potentially with OpenAI,” Caroline Cochran, Oklo…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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