Oklo Inc.'s stock surged 10.85% during pre-market trading on Tuesday, marking a significant upward movement for the nuclear energy company.

The sharp rise follows the announcement of a strategic partnership with Meta, which has signed an agreement to provide funding support for Oklo's development of a 1.2 gigawatt nuclear technology park in Ohio. The agreement is aimed at securing nuclear fuel supply and advancing the project's first phase of construction, with the partnership widely viewed as a critical milestone offering both substantial capital backing and a clearer path to profitability.

Industry analysts note that surging AI data center electricity demand is reshaping the financing landscape for next-generation nuclear technology, prompting customers to commit to long-term power purchase agreements to support project development. The prospect of securing long-term power buyers has also attracted growing interest from institutional investors, with modular reactors becoming increasingly attractive due to their shorter construction timelines.