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Oklo, Nvidia and Los Alamos Team Up to Speed AI-Driven Nuclear Fuel Research

The partnership highlights surging AI power needs, putting focus on Oklo’s path through licensing and fuel validation.

Overview

  • Oklo announced a collaboration on April 23 with Nvidia and Los Alamos National Laboratory to apply AI and high-performance computing to nuclear fuel R&D under the DOE’s Genesis Mission.
  • HSBC initiated coverage with a Buy rating and a $96 price target on April 23, and the stock rose nearly 6% that day and about 214% over the past year.
  • Regulatory groundwork advanced in March when the Department of Energy cleared safety-design agreements for Oklo’s Aurora plant at Idaho National Laboratory and a separate isotopes test reactor in Texas.
  • Oklo remains pre-revenue and targets first reactor criticality around July 2026, with initial commercial operations planned for 2028, pending licensing and fuel qualification.
  • The company cites an order pipeline near 15 GW, including a Meta power deal and other letters of intent, and reported $1.4 billion in cash and liquid assets at the end of 2025 to fund early builds.