Meta Is Making a Big Bet on Nuclear With Oklo

Meta Is Making a Big Bet on Nuclear With Oklo

WIREDbusiness

Key Points:

  • Tech companies are investing in nuclear power through two main approaches: purchasing electricity from existing or revived reactors, or investing in startups developing next-generation nuclear technologies.
  • Meta has taken a cautious yet innovative approach by financing fuel purchases for the next-gen nuclear startup Oklo, supporting its plans for a 1.2-gigawatt reactor campus in Ohio, marking one of the largest hyperscaler commitments to nuclear energy.
  • Oklo’s reactors use advanced fuels like high-assay low-enriched uranium (HALEU), which is scarce due to import bans and limited domestic production, making Meta’s deal crucial for advancing fuel supply infrastructure in the U.S.
  • Despite Oklo’s promising technology and strong market valuation, the company faces regulatory challenges with the