The Trump administration is preparing a roughly $200 million federal initiative - alongside Microsoft and Nvidia - to accelerate the design, licensing and construction of advanced reactors to power AI data centers, naming Oklo and X-energy among the reactor suppliers, Bloomberg reported. About $60 million over three years would flow to Department of Energy national labs and universities including UT Austin. Oklo shares rose as much as roughly 10% and X-energy-linked names climbed in after-hours trading on the report.
/ Sources
/ About this story
Compiled by Venture Atlas from the sources above, using automated AI-assisted research. This is a summary of reporting published elsewhere, not original reporting - follow the source links for the full account. See our editorial standards.
Something wrong here? Email apostructura@gmail.com and we will fix it.
/ Related
- X-energy and AEP study a 960 MW Indiana reactor plantMonday, October 19, 2026
- Oklo plans Groves-2 Forge isotope pilot for lutetium-177Tuesday, October 13, 2026
- FERC denies Oklo bid to rejoin PJM Cycle 01 queueMonday, September 28, 2026
- X-energy finishes TX-1 fuel plant shell in Oak RidgeThursday, September 24, 2026