Oklo shares surge 10.34% intraday following Meta Power Deal and Aurora reactor progress.
ByAinvest
Wednesday, Jan 28, 2026 3:08 pm ET1min read
OKLO--
Oklo Inc. surged 10.34% intraday following news of a strategic agreement with Meta Platforms to develop a 1.2-gigawatt advanced nuclear campus in Ohio, targeting data center and AI infrastructure. The deal, which includes upfront prepayment for early development, provided immediate credibility to Oklo’s long-term nuclear reactor plans and fueled investor optimism about its commercial potential. This aligns with broader market focus on Oklo’s Aurora reactor and related businesses, such as fuel reprocessing, despite its pre-revenue status. While Jim Cramer’s bearish commentary on Oklo’s commercial viability contradicted the upward move, the Meta partnership and investor speculation about next-generation power solutions for data centers were the primary drivers of the sharp intraday rally.
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