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Motley Fool Money

Sam Altman’s Nuclear Bet

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 24 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

You probably know Sam Altman’s AI organization, but he’s also the chairman of Oklo, an advanced nuclear technology company. Ricky Mulvey caught up with Oklo’s CEO, Jake DeWitte, for a conversation about: - Why the buildout of nuclear energy stagnated and why that could change. - How Oklo is using old technology to develop new reactors. - A recycled energy source that could fuel the entire United States. Companies mentioned: OKLO Host: Ricky Mulvey Guest: Jake DeWitte Producer: Mary Long Engineers: Tim Sparks, Kyle Carrutherso Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The history of nuclear power, right? Nuclear powers produced the significant majority of clean energy in this country for decades.

0:06.5

All the waste generated there from a volume perspective would fit inside of a super Walmart for context, right?

0:12.0

That said, from a recycling perspective, there's enough energy

0:14.1

content and all that material to power the entire United States using fast reactors like we're

0:17.8

developing and the recycling process here for over 150 years. So like, pretty awesome fuel reserve.

0:22.8

I'm Ricky Mulvey and that's Jake DeWitt,

0:28.6

CEO of Oklo, an Advanced Nuclear Technology Company.

0:32.2

In this conversation we discuss where nuclear energy could go

0:35.6

in the next five to ten years.

0:37.4

The key problem that nuclear energy solves that other renewable energies don't

0:42.0

and how small modular reactors could

0:44.3

fuel data centers which is something that Oaklo's chair Sam Altman might just be

0:48.7

interested in.

0:50.5

Jake DeWitt is the CEO of Oaklow in Advanced Nuclear Technology Company

0:57.9

working on fast reactors a little bit more advanced than what we do in

1:01.6

podcastingland. I appreciate you joining us for an

1:04.4

interview here on Motley Full Money. Yeah, happy to be here. Thanks for having me.

1:07.6

So this is the first time we've talked about Oaklow and I think it's good to set the table.

1:12.1

How did you become interested in nuclear energy?

1:14.0

Yeah, so I grew up in New Mexico,

1:16.0

born and raised around this stuff,

1:18.0

got the chance to learn about and kind of get exposed to nuclear technology

...

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