Switch, a leading provider of AI, cloud, and enterprise data centers, has signed a historic Master Power Agreement with Oklo Inc., an advanced nuclear technology company. The agreement aims to deploy 12 gigawatts of clean energy through Oklo’s Aurora powerhouse projects by 2044. This is one of the largest corporate clean power agreements ever signed.
Under the Master Agreement, Oklo will develop and operate powerhouses to provide clean energy to Switch across the US. This partnership underscores Switch’s commitment to meeting AI-driven electricity demands with sustainable power. The deal supports Oklo’s business model of simplifying clean energy access by selling power, not power plants.
Switch has been powering its data centers with 100% renewable energy since January 2016, and this agreement will further enhance the company’s offerings of one of the world’s most advanced data center infrastructures. Rob Roy, Founder and CEO of Switch, stated that the relationship with Oklo underscores his company’s commitment to deploying advanced nuclear power at a transformative scale.
Oklo Inc., founded by Jacob DeWitte, is developing advanced nuclear power plants using nuclear waste to provide clean and reliable energy at scale. The partnership between Switch and Oklo highlights the growing demand for sustainable energy solutions in AI-driven industries.
The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments. However, there can be no assurance that future developments affecting Oklo will be those anticipated by the company.
Source: https://www.businesswire.com/news/home/20241218939186/en/Oklo-and-Switch-Form-Landmark-Strategic-Relationship-to-Deploy-12-Gigawatts-of-Advanced-Nuclear-Power-One-of-the-Largest-Corporate-Clean-Power-Agreements-Ever-Signed