OpenAI CEO Sam Altman-backed nuclear power startup Oklo Inc. (NASDAQ:OKLO) received an outperform rating from Wedbush Securities, marking another milestone in its push to power the artificial intelligence revolution through advanced nuclear technology.What Happened: Wedbush analyst Dan Ives set a $26 price target for Oklo, citing the company’s strategic position to capitalize on surging energy demands from data centers. “With the AI revolution underway, the industry will need roughly a tenfold increase in computing power by 2030,” Ives wrote in his Thursday note, according to Investor’s Business Daily.The rating follows Oklo’s Wednesday announcement of an agreement to supply up to 12 gigawatts of nuclear power to Switch, an AI provider and data center operator, through 2044. The company plans to develop, construct, and operate powerhouses across the United ...Full story available on Benzinga.com