A look at some US energy companies linked to AI infrastructure, such as Sam Altman-backed Oklo, whose stocks have soared despite having little to no revenue
Concept stocks with no revenue have soaring valuations — Forget about the froth in tech valuations. The real excess might be building up in energy stocks. X: @aaronback . LinkedIn: Gerard Reid and WSJ Heard on the Street Bluesky: @tprstly.com , @kostyack , and @pauljdavies X: @aaronback : A group of “pre-revenue” energy stocks has ballooned to a $45 billion market value in hopes that AI companies will someday buy their power. It's everything from nano-reactor concepts to refurbished, used gas turbines. https://www.wsj.com/... LinkedIn: Gerard Reid : There is no doubt that #ai will revolutionise our world and there is also no doubt that AI needs lots of electricity but whether … WSJ Heard on the Street : A group of “pre-revenue” energy stocks has ballooned to a $45 billion market value in hopes that AI companies will someday buy their power. … Bluesky: Theo Priestley / @tprstly.com : Lots of people saying that quantum is the next big grift but it's not - it's energy. Specifically, fusion startups promising unlimited clean energy for AI data centres. [embedded post] John Kostyack / @kostyack : To understand the AI and data center boom, it's important to know both the role of “zero-revenue” companies and the opaque and largely unregulated Wall Street financing vehicles that make them possible. [embedded post] Paul J Davies / @pauljdavies : Good piece on multi-billion dollar *zero-revenue* speculative energy companies, incl Sam's Oklo and one run by the ex-CEO of a failed anti-woke bank >> — Heard on the Street: Forget about the froth in tech valuations. The real excess might be building up in energy stocks. www.wsj.com/tech/ai/ai-b...