OpenAI CEO Sam Altman exits Helion Energy's board as firms explore partnership [Yahoo! Finance]
Nucor Corporation (NUE)
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Source: Yahoo! Finance
directors of Helion Energy, ?the fusion startup he has backed since 2015, as the companies ?start to explore working together "at significant scale". Altman, who is also on the OpenAI board, said the ?dual roles had become untenable as the ChatGPT maker eyes future partnerships with Helion. In a post on social media platform X, Altman added that he will have a financial interest in Helion and will recuse himself from any deal negotiations. "Sam ?has played an integral role ?in Helion's development... I look forward to working with (Altman) in this new capacity," Helion CEO David Kirtley said in an ?X post separately. OpenAI is also in advanced talks to buy electricity from Helion Energy, Axios reported on Monday, citing a person familiar with the situation. Under the terms being ?discussed, OpenAI ?could secure a guaranteed portion of Helion's ?production, initially 12.5%, with talks ?centering on OpenAI receiving the equivalent of 5 gigawatts by 2030, scaling to 50 gigawatts
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News
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- Nucor (NUE) was upgraded by UBS Group AG from "neutral" to "buy". They now have a $190.00 price target on the stock.MarketBeat
NUE
Earnings
- 1/26/26 - Miss
NUE
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/27/26 - Form ARS
- 3/27/26 - Form DEFA14A
- NUE's page on the SEC website