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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

SoCal Ed Won't File for Chapter 11

LCG, Sept. 19, 2001--Edison International Inc., the parent holding company for insolvent Southern California Edison Co., said yesterday that SoCal Ed will not seek protection under Chapter 11 of the bankruptcy law and will "vigorously" defend itself against involuntary bankruptcy.

"We do not intend to file voluntary bankruptcy," said Ted Craver, chief financial officer of Edison International, in a conference call. "We ask our creditors to continue to forbear and work with us." He added "we will vigorously oppose any involuntary bankruptcy petition."

The California legislature adjourned for the year Saturday without passing legislation that would enable the state to "rescue" SoCal Ed from bankruptcy, and though Gov. Gray Davis has vowed to call a special session to get the legislation done there appears little chance the lawmakers will give him what he wants.

With little hope for a legislative solution that would restore the creditworthiness of the utility, there is a growing possibility that some creditors may feel that half a loaf is better than none. It would take only three of SoCal Ed's hundreds of creditors to force the company into involuntary bankruptcy.

Craver admitted the possibility, saying "to be completely frank about it, the bankruptcy risk is higher today" than it was before the legislature adjourned.

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