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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio

LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region

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Industry News

California Assembly Rejects $10 Billion for Power

LCG, Feb. 1, 2001The lower house of the California legislature early this morning rejected a measure that would have allowed the state to purchase $10 billion worth of electricity and resell it at cost to cash-strapped utilities.

The state Senate had approved the legislation by a 27-8 vote yesterday and the Assembly had hoped to get the measure to Gov. Gray Davis by midnight. But when the weary lawmakers took a vote, the bill passed by 51 to 28, missing the two-thirds majority needed for passage.

The bill's supporters, almost solidly Democrat, said they would take another vote today in an attempt to win over three Republicans.

Assembly Speaker Robert Hertzberg, calling on lawmakers to vote for the measure, said "The critical point that I want to make tonight is, like it or not, we're in the power business."

The bill calls for the state to issue billions of dollars worth of tax-exempt bonds to finance long-term power purchases. The bonds would be repaid through higher electric rates charged to customers, over a period of 10 or more years.

Earlier, a number of Senate Republicans had said that they would vote for the bill only if Davis took full responsibility for the legislation, and even Democrats were putting pressure on the governor to act decisively. Sen. Don Perata, an Oakland Democrat, said the governor has not shown leadership, adding "This is not easy for a Democrat to be saying what I'm saying."

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