Oklo Stock Rises as U.S. Launches $200M AI Nuclear Power Program

Oklo joins a Trump administration-led $200 million program to accelerate nuclear power plant development for AI data centers. The initiative includes X-Energy, Microsoft, and Nvidia. OKLO stock rose up to 5.9%, climbing 6.3% in after-hours Tuesday before trading around 2% higher Wednesday. Roughly $60 million of the program will go toward the effort.