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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

Duke Energy Has 4th Qtr Loss of $2 Billion

LCG, Jan. 29, 2004--Nonrecurring charges of $3.4 billion resulting from asset sales and closure of business units led to a fourth-quarter loss of $2 billion for Duke Energy Corp.

Among assets yet to be sold in 2004 are merchant power plants in the Southeastern U.S., Australian generating plants and gas pipelines, and gas marketing businesses based in Europe. The company expects such sales to trim its $23 billion debt by $3.5 billion to $4 billion this year.

The fourth-quarter losses resulted in a $1.3 billion loss for the year, whereas Duke Energy reported a profit of $1 billion for all of 2002.

Duke Energy's chairman and CEO Paul Anderson, who moved into those positions in November 2003, said the current target was for "modest growth...in the 4 to 6 percent range."
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