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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

Court Rules Out PG&E Legal Maneuvers

LCG, Nov. 20, 2003--Utility Pacific Gas & Electric Co., which reached a proposed settlement with regulators over its bankruptcy reorganization in June, was told by the 9th U.S. Circuit Court of Appeals yesterday that a threatened series of corporate asset transfers to new companies would not be allowed.

The moves were part of the utility's own reorganization plan before the settlement was reached with regulators. PG&E indicated that if any changes were made to the terms of the settlement, it would act on the legally novel strategy it had developed, and which a lower court decision would have allowed. According to a statement by California's Attorney General Bill Lockyer's spokesman Tom Dresslar, "To the extent that PG&E threatened to go back to its original plan ... the 9th Circuit today took that arrow out of its quiver."

Members of the California Public Utilities Commission, who will decide next month what action to take on the draft settlement in question, indicated that the ruling would cause them to review possible changes to the settlement. Geoffrey Brown, one of the commissioners, said the ruling would allow him to consider changes that might be less favorable to PG&E. The deal allows PG&E to pay down its debts using above-cost rates, while earning a guaranteed after-tax profit of 11.2 percent over many years.

Consumer groups have said that the deal amounts to unfair subsidization, while some business groups believe that the high cost of electricity in Northern California imposes a drag on the region's economy.
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