Oklo Announces Chairman Transition

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, today announced that Sam Altman will step down as Chairman of the Board. Altman has helped guide Oklo’s development since its beginning, and has helped position it to execute on its mission.

“Sam has been instrumental in shaping Oklo’s trajectory since the inception of Oklo,” said Jacob DeWitte, Oklo’s co-founder and CEO. Caroline Cochran, Oklo Co-Founder and COO added, “We deeply appreciate Sam’s leadership and dedication to our mission. We are excited to continue working to bring scalable, clean energy to the AI sector and beyond, and to continue to explore strategic partnerships with leading AI companies, including potentially with OpenAI.”

“Fission is an essential solution for meeting the growing energy demands of artificial intelligence and other critical industries,” said Altman. “Under the leadership of Jake and Caroline, Oklo is well suited to meet these needs. As Oklo explores strategic partnerships to deploy clean energy at scale, particularly to enable the deployment of AI, I believe now is the right time for me to step down. Historically, energy availability and cost, along with computational limitations, have been fundamental constraints on technological progress. A future where these are no longer limiting factors will be radically different, and I look forward to following Oklo’s leadership in driving this transformation.”

Jacob DeWitte, Oklo CEO and Co-Founder, will serve as Chairman and Board Member.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and national laboratories.