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Sam Altman steps down as chair of nuclear power supplier Oklo to avoid conflict of interest.

The modular reactor company he funded and led is in
talks to deliver energy to OpenAI. OpenAI chief executive Sam Altman is
stepping down as chair of Oklo to avoid a conflict of interest ahead of
talks between his company and the nuclear start-up on an energy supply
agreement, as the race to power artificial intelligence intensifies.

Altman, who was an early-stage investor in Oklo, will step down immediately
and be replaced by Jacob DeWitte, the group’s CEO and co-founder. The
move comes as the AI industry strives to procure high-wattage, low-carbon
energy supplies. Although it may be years before tech companies can benefit
from nuclear power, the launch of DeepSeek, the less energy-intensive
Chinese large language model competitor, has underscored the urgency for
western companies such as OpenAI to compete.

Oklo has yet to enter into any firm partnerships or receive approval for any of its designs from the Nuclear Regulatory Commission in the US.

 FT 22nd April 2025,
https://www.ft.com/content/a511bae0-d19f-4ebd-9520-69d3f89d8556

April 24, 2025 - Posted by | business and costs, USA

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