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Top related persons:
Jacob DeWitte - 6 Oklo - 6 DeWitte - 4 Altman - 4 Sam Altman - 3 OpenAI - 3 Oklo's - 2 Trump - 1
Top related locs:
Idaho U.S Idaho Falls Aurora Davos Switzerland OpenAI's San Francisco Saudi Aramco
Top related orgs:
CNBC - 4 NRC - 4 Idaho National Laboratory - 3 Microsoft - 3 Nuclear Regulatory Commission - 2 AltC - 2 NYSE - 2 Department of Energy - 1

Search resuls for: "Jacob Dewitte"


8 mentions found


☆ Oklo CEO Jacob DeWitte: Broad support for nuclear from the Trump administration
  + stars: | 2024-11-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOklo CEO Jacob DeWitte: Broad support for nuclear from the Trump administrationJacob DeWitte, Oklo co-founder and CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, DeWitte's expectations for support from the new administration, and much more.
Persons: Jacob DeWitte, Trump, Oklo
☆ Oklo CEO: AI power demand numbers are mind-blowing hence the huge opportunity for us
  + stars: | 2024-10-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOklo CEO: AI power demand numbers are mind-blowing hence the huge opportunity for usJacob Dewitte, Oklo CEO, joins 'Money Movers' to discuss where Oklo sits in the new power demand picture, the plans for the company's nuclear reactor, and if regulators are friendly to the nuclear energy industry.
Persons: Jacob Dewitte, Oklo
☆ Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor
  + stars: | 2024-09-25 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +4 min
He expects Oklo to break ground at the Idaho site in 2026, with plans to have the reactor up and running by the following year. The CEO acknowledged there's a risk the 2027 start date gets pushed out depending on how long the NRC review takes. The average nuclear reactor in the current U.S. fleet is around 1,000 megawatts, according to the Department of Energy. The CEO acknowledged the NRC review could delay the 2027 start date for the Idaho microreactor: "There's definitely risk. At the end of the day, we can't control the NRC review timeline," he said.
Persons: Jacob DeWitte, Oklo, DeWitte, there's, Sam Altman's SPAC, Altman, Oklo's Organizations: CNBC, Department of Energy, Idaho National Laboratory, Nuclear Regulatory Commission, AltC, Department of Energy ., Industry, Constellation Energy, NYSE, NRC, World Health Organization, Idaho Locations: Idaho, Idaho Falls, Aurora
☆ Sam Altman takes nuclear energy company Oklo public to help power his AI ambitions
  + stars: | 2024-05-10 | by ( Hayden Field Mackenzie Sigalos | Hayden Field | Mackenzie Sigalos | ) www.cnbc.com   time to read: +5 min
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. Oklo's business model is based on commercializing nuclear fission, the reaction that fuels all nuclear power plants. "I don't see a way for us to get there without nuclear," Altman told CNBC in 2023. It's not Altman's only foray into nuclear energy or other infrastructure that could power large-scale AI growth.
Persons: Sam Altman, Altman, Oklo, Bill Gates, Jeff Bezos, Jacob DeWitte, hasn't, we've, DeWitte, It's, Helion, OpenAI Organizations: Economic, New York Stock Exchange, AltC, U.S . Air Force, Microsoft, Amazon, CNBC, U.S . Nuclear Regulatory Commission, NRC, DeWitte, Nvidia Locations: Davos, Switzerland, Idaho, OpenAI's San Francisco, U.S, Saudi Aramco, Rain
☆ Nuclear startup Oklo starts trading on NYSE: Here's what you need to know
  + stars: | 2024-05-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNuclear startup Oklo starts trading on NYSE: Here's what you need to knowOklo CEO Jacob DeWitte joins 'Money Movers' to discuss what the company's about, where the company's primary focus lies, and more.
Persons: Jacob DeWitte Organizations: NYSE
☆ The AI industry is pushing a nuclear power revival — partly to fuel itself
  + stars: | 2024-03-07 | by ( Bella Aldrete | Jacob Ward | Emily Pandise | ) www.cnbc.com   time to read: +5 min
Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. While generative AI has grown at lightning speed, nuclear power projects are heavily regulated and usually advance at a plodding pace. That's raising questions about whether advances in nuclear energy can cut emissions as swiftly as energy-guzzling AI and other fast-growing technologies are adding to them. The nuclear power industry hasn't meaningfully expanded its share of the U.S. energy mix for decades. By one estimate, up to 800 gigawatts of new nuclear power will be needed by 2050 to meet current green energy targets.
Persons: Sarah Myers West, Myers, Sam Altman, OpenAI, Altman, Jacob DeWitte, Oklo, hadn't, You've, DeWitte, Oklo's Organizations: Silicon, CNBC, Helion Energy, Microsoft, federal Nuclear Regulatory Commission, Air Force, NRC, Idaho National Laboratory, Energy Department, Pew Research Locations: Idaho, Ohio, United States, Alaska, U.S, Ukraine, Fukushima, Japan
☆ Sam Altman explains why he's helping to take nuclear microreactor company Oklo public via SPAC
  + stars: | 2023-07-11 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +8 min
And if we get those, we'll be quite surprised about how different and how much better the future is," Altman told CNBC in a phone conversation on Friday. I think there's urgent demand for tons and tons of cheap, safe, clean energy at scale," Altman told CNBC. I mean, maybe we could get there just with solar and storage," Altman told CNBC. There's no lack of desire or need for this," Altman told CNBC. Some of that is the reactor's smaller size, but some of it is how the Oklo reactors have been designed.
Persons: Gensler, Sam Altman, Oklo, Jake DeWitte, Aurora, Altman, chatbot, Caroline Cochran, Jacob DeWitte, Y, OpenAI, Joel Saget, He's, We've, DeWitte Organizations: AltC Acquistion Corp, CNBC, Microsoft, Oklo, Y Combinator, Afp, Getty, Helion, Southern, Initiative, U.S . Department of Energy, Idaho National Laboratory, Nuclear Regulatory Commission, NRC Locations: ramping, OpenAI, Paris, Georgia, U.S, Southern Ohio, Idaho
☆ Why Silicon Valley is so hot on nuclear energy and what it means for the industry
  + stars: | 2022-12-02 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +13 min
Pallava Bagla | Corbis News | Getty ImagesVenture capitalists in Silicon Valley and other tech hubs are investing money in nuclear energy for the first time in history. This surge of private investment will be a positive for the industry, agrees John Parsons, an economist and lecturer at MIT. Nuclear energy is "a very complex science, and it's been supported by the federal government and at these national labs. In the 1960s and 1970s, large conglomerates constructed big nuclear power plants, and those projects often ran over budget. New generations of nuclear reactors will have different sizes, different coolants and different fuels, explained Matt Crozat, senior director of policy development at the Nuclear Energy Institute.
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