Cathie Wood Raises Stake in OKLO

Oklo Inc. (NYSE:OKLO) is included among the 10 Best Performing Utility Stocks in 2025.

Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.

Oklo Inc. (NYSE:OKLO) received a boost on January 17 when Cathie Wood’s ARK Investment acquired 34,420 shares of the company. This marks the second investment by the prolific investor in the nuclear startup in less than a month, as ARK Investment bought 107,321 shares of Oklo also on December 22, valuing the transaction at over $8.9 million.

Being the poster child for ‘data center nuclear’, Oklo Inc. (NYSE:OKLO) garnered significant investor attention last year. The stock surged by 238% in 2025, driven especially by the multiple contracts that the company has won from the Department of Energy.

Another such contract that it recently signed was on January 7, when Oklo Inc. (NYSE:OKLO) announced that it had struck an agreement with the DoE for the design, construction, and operation of a radioisotope pilot plant under the Reactor Pilot Program. Oklo’s subsidiary, Atomic Alchemy Inc., intends to use the facility to lay the groundwork for future commercial plants that make medical and research radioisotopes, which are essential for diagnosing cancer, treating disease, powering medical research, and supporting national security.

While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.