Investors Cool on AI-Backed Nuclear Reactor Developer Oklo

Oklo is a company that develops nuclear reactors and is backed by Sam Altman, who is also involved with OpenAI.

The company's shares have lost a lot of value recently because investors are becoming more careful about where they put their money, especially in AI-related projects.

Oklo has deals to provide a lot of power to big companies like Meta, but it hasn't been able to get the necessary permits to build its power plants yet.

This has made some investors worried and less willing to invest in the company.