Oklo did not record revenue in the first quarter, and its net loss widened to $33.1 million.

Glonghui, May 13｜Oklo, a nuclear energy startup, announced its first-quarter results: the company has not yet recorded any revenue, with net losses widening to $33.1 million and operating losses reaching $51.2 million; loss per share was $0.19, in line with market expectations. Oklo has benefited in recent years from the surging electricity demand of artificial intelligence (AI) data centers. During the earnings call, Oklo CEO Jacob DeWitte stated that the company has shifted from strategic planning to the execution phase and is advancing its three major businesses: electricity, nuclear fuel, and isotopes. The company is moving forward with the Aurora Clean Energy Park in Ohio and previously announced a partnership with Meta to develop a 1.2-gigawatt advanced nuclear power park. This quarter, the company has submitted a grid connection application for the project as part of the site development and deployment schedule.