Tech
Tutor Perini subsidiary secures $48 million electrical contract for data center manufacturing
Los Angeles-based heavy civil contractor Tutor Perini announced that its subsidiary Fisk Electric has won a $48 million contract to provide electrical engineering services for a 273,000-square-foot advanced manufacturing and data center infrastructure facility in Houston. The project involves AI hardware assembly and is expected to be completed by the end of 2026.
Must-Read Before Purchasing AI: AI Readiness Assessment Checklist for Construction Enterprises
AI applications in the construction industry have moved from concept to practice, but purchasing AI tools does not equate to having the capability to use AI. This article proposes five key assessment questions to help owners and general contractors determine whether they are AI-ready in real project delivery, covering core dimensions such as data structure, decision boundaries, human review, security environment, and system integration.
Six construction technology startups raise $121 million in total
With the continued growth of AI demand and accelerated investment in hyperscale data center construction, the construction technology sector is attracting investor attention. Recently, six construction technology startups raised a total of $121 million, including August Robotics' $30 million Series B, Foresight's $25 million Series A, LightTable's $22 million Series A, Xpanner's $18 million Series B bridge financing, Cocoon Carbon's $15 million Series A, and ProcurePro's $11 million funding. These companies focus on areas such as autonomous robots, AI progress prediction, drawing review, autonomous machinery, low-carbon cement materials, and procurement platforms.
Autodesk acquires MaintainX for $3.6 billion, strengthening its position in asset management and construction operations
On May 28, Autodesk announced it had reached a definitive agreement to acquire maintenance and operations platform MaintainX for approximately $3.6 billion in an all-cash deal. The move aims to enter the building maintenance and operations market, and, together with the newly formed Autodesk Operations Solutions division, strengthen its data and AI capabilities in asset lifecycle management.