Oklo Inc. (OKLO) saw its stock soar 5.70% in the pre-market session on Wednesday, fueled by investor optimism surrounding the company's potential to benefit from former President Donald Trump's proposed energy-friendly agenda and the growing demand for clean energy from the burgeoning AI industry.

Trump unveiled plans to declare a national energy emergency and implement measures to boost domestic oil, gas, and nuclear power production while rolling back climate regulations. This energy-friendly agenda is expected to create a favorable regulatory environment for the nuclear energy sector, including companies like Oklo that develop advanced nuclear technology.

Notably, Trump nominated Chris Wright, a former Oklo board member, to lead the Department of Energy (DOE). Wright has expressed support for prioritizing nuclear power production and liquefied natural gas as part of his plan to increase U.S. energy output. Oklo's connections with influential figures in the energy sector further bolstered investor confidence in the company's prospects under the proposed energy plans.

Additionally, Oklo's strong ties to the AI industry, with OpenAI CEO Sam Altman serving as chairman and investor, position the company to capitalize on the growing demand for clean energy from AI data centers. As the AI revolution accelerates and the need for energy-intensive data centers increases, Oklo's small modular reactors, designed to provide clean, safe, and affordable energy, could become an attractive solution for powering these facilities.