Meta and Oklo: A New Power Play in Nuclear Energy

Meta, the company behind Facebook, has recently taken a bold step into the world of nuclear energy. Unlike other tech giants, Meta has chosen to support Oklo, a startup that is working on advanced nuclear reactors. This move is significant because it shows that Meta is willing to invest in new and innovative technologies, even if they are not yet proven. The deal between Meta and Oklo is unusual because Meta is paying Oklo upfront to buy fuel for its reactors. This is not something that is typically done by tech companies. The fuel in question is a special type of uranium that is enriched to a higher level than traditional reactor fuel. Oklo has managed to secure some of this fuel from old government stockpiles, but the company is also looking to use plutonium left over from atomic bomb production.The agreement between Meta and Oklo is part of a broader investment in nuclear energy by the tech giant. Meta has also made deals with other companies, including a nuclear utility in Texas and a startup backed by Bill Gates. This investment is seen as a way to support American leadership in energy technology and to create jobs and spur innovation. However, Oklo is not without its challenges. The company has yet to generate any real revenue and has faced criticism from former officials at the Nuclear Regulatory Commission. Despite these challenges, the deal with Meta shows that Oklo is a company to watch. The investment in nuclear energy by tech companies is not just about supporting new technologies. It is also about ensuring a reliable and sustainable source of energy for their data centers. As the demand for data increases, so does the need for energy. Nuclear power is seen as a way to meet this demand without contributing to climate change.