AGP Executive Report
Last update: 4 hours agoBiotech: Salt Lake City’s Recursion landed a $10 million milestone after Sanofi selected a potential drug candidate from their AI-enabled research partnership. Recursion also priced a $200 million stock offering, extending its cash runway into 2029. Federal Research: A judge blocked the Forest Service’s planned move to Utah, citing limits on agency reorganizations without congressional approval; the ruling also pauses office closures and employee relocations. Data Centers: Utah’s proposed Stratos project faces scrutiny over water use, with a permit application expected soon. Candidates in a Utah congressional debate called for more data-center transparency. Clean Energy: Fervo’s planned 4-gigawatt geothermal project could add major power capacity in Utah, though current plans would send its output elsewhere. Water and Weather: Lake Powell has fallen to a record low after a warm year and weak mountain snowpack. Utah is also testing drone-based cloud seeding, while a new Monument Valley weather station aims to inform water decisions. Applied AI: Utah expanded its AI sandbox with healthcare pilots, offering a testing ground for new uses of the technology.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.