Sam Altman Warns AI Development Needs An Energy 'Breakthrough' As Financial Pundit Says 'AI Data Centers Won't Run On Hopes And Dreams' [Yahoo! Finance]
AltC Acquisition Corp. Class A (ALCC)
Company Research
Source: Yahoo! Finance
MIT's Technology Review even recently published an article titled "Nobody Knows How AI Works." One thing that is known, though, is powering the advanced AI models captivating the world's attention requires massive amounts of energy. OpenAI's Sam Altman discussed this fact, warning that future advances in AI will consume significantly more power than people expect, saying "there's no way to get there without a breakthrough." As it stands, data centers around the world account for between 1-1.5% of global electricity use, according to the International Energy Agency. Don't Miss: Executives and founders of Uber, Facebook and Apple are bullish on this wellness app that you can coinvest in at $1.15 per share. Harvard-founded AI startup is solving paywalls, growing 5x yearly and looking for new shareholders With the AI boom in its nascent days, Alex de Vries, Ph.D. candidate and data scientist at the Central Bank of the Netherlands, predicts that the AI sector alone will use abo
Show less
Read more
Impact Snapshot
Event Time:
ALCC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALCC alerts
High impacting AltC Acquisition Corp. Class A news events
Weekly update
A roundup of the hottest topics
ALCC
News
- Special Meeting of AltC Acquisition Corp. Stockholders to Approve Business Combination with Oklo Scheduled for May 7, 2024 [Yahoo! Finance]Yahoo! Finance
- Special Meeting of AltC Acquisition Corp. Stockholders to Approve Business Combination with Oklo Scheduled for May 7, 2024PR Newswire
- Oklo Signs LOI to Supply 50 Megawatts of Power to Diamondback EnergyBusiness Wire
- Catalyst Watch: CPI reveal, big bank earnings & AI talk from Intel and Marvell [Seeking Alpha]Seeking Alpha
- Altman-Backed SPAC That's Targeting Nuclear Firm Has Surged 22% [Yahoo! Finance]Yahoo! Finance
ALCC
Sec Filings
- 4/29/24 - Form EFFECT
- 4/26/24 - Form 424B3
- 4/26/24 - Form 425
- ALCC's page on the SEC website