AGP Executive Report
Last update: 10 hours agoAI Infrastructure: San Francisco’s Anthropic filed for a potential record-setting IPO, while warning that power, water and permitting constraints could slow its data-center growth. Santa Clara photonics firm iPronics, meanwhile, named co-founder Daniel Pérez-López CEO after raising $125 million to scale optical switching for AI systems. Robotics: San Francisco-based Bedrock Robotics raised $600 million, bringing its total funding close to $1 billion as it expands autonomous excavators to more U.S. construction sites. Cancer Research: UC Davis has opened a clinical trial site for CERo Therapeutics’ experimental cell therapy for blood cancers and will also manufacture the treatment. Drug Discovery: UC San Diego researchers found that marine-derived rutamycin B acts quickly against the deadly brain-eating amoeba in lab tests, offering a possible lead for future treatment. Computing Education: UC Berkeley’s new 367,000-square-foot computing college brings AI, robotics and other fields under one roof, designed to encourage collaboration across disciplines.
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