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Sam Altman steps down as chair of nuclear power supplier Oklo to avoid conflict of interest

The modular reactor company he funded and led is in talks to deliver energy to OpenAI

OpenAI chief executive Sam Altman is stepping down as chair of Oklo to avoid a conflict of interest ahead of talks between his company and the nuclear start-up on an energy supply agreement, as the race to power artificial intelligence intensifies.

Altman, who was an early-stage investor in Oklo, will step down immediately and be replaced by Jacob DeWitte, the group’s CEO and co-founder.

The move comes as the AI industry strives to procure high-wattage, low-carbon energy supplies. Although it may be years before tech companies can benefit from nuclear power, the launch of DeepSeek, the less energy-intensive Chinese large language model competitor, has underscored the urgency for western companies such as OpenAI to compete.

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