Top 9 AI News Updates Investors Probably Missed

6. Oklo Inc (NYSE:OKLO)

Number of Hedge Fund Holders: 27

Oklo Inc. (NYSE:OKLO) is a leading developer of advanced nuclear reactors. It builds, owns, and operates power plants, benefiting from the growing demand for clean energy to power data centers amid the AI boom. On March 25, research firm Wedbush reiterated an Outperform rating on the stock with a $45 price target.

The bullish rating underscores optimism about the company’s strategic efforts to take advantage of the increasing demand for nuclear energy solutions. The company has set out to be the first to operate a commercial small atomic reactor as the expansion of the data center market presents a significant opportunity amid the AI revolution. Oklo Inc.’s (NYSE:OKLO) carbon-free nuclear power supply is becoming more appealing as data center operators prioritize clean energy solutions in order to achieve sustainability targets.