Category: Artificial Intelligence
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Buildots Announces $30 million Series B and Reaches 12 Countries with Their AI Tech
Buildots, the AI construction tech company, today announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, and Tidhar Construction Group. Buildots will use the new funds to double the size of their global team with a focus on its Sales and…
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Build Group to Use Buildots’ AI Technology for Three Construction Projects
Build Group Inc. will use Buildots’ technology on three projects in the US, including a 19-story M2 tower which is part of the wider 5M development in San Francisco. Buildots’ AI computer vision will collect, analyze, and leverage data to ensure these projects are delivered on time and under budget “The complex nature of managing thousands of details and dozens of…
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Pyry Virrantaus of Aiforsite on Real-Time Construction Productivity Analysis
Pyry Virrantaus, the COO of Aiforsite (https://aiforsite.com), talked about real-time productivity analysis of construction. The presentation took place on May 27, 2021, at the third WDBE 2021 Community Session. The post Pyry Virrantaus of Aiforsite on Real-Time Construction Productivity Analysis appeared first on AEC Business. View the original article and our Inspiration here
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AI for Construction – An Interview With Daniel Faggella of Emerj
What can construction companies learn from other industries regarding artificial intelligence? This is the topic of my interview with Daniel Faggella in episode 104 of the AEC Business podcast. Here are our main topics: What are the common misconceptions regarding the use of AI Why AI implementation is an R&D project, not a purchase of…
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Aiforsite’s Mission to Improve Construction Productivity Globally Attracts Investors
The construction industry suffers from high wastage compared to other industries. Up to 60% of the hours worked at construction sites is wasted time. The inefficiency leads to quality problems, delayed completions, and economic losses. Aiforsite aims to resolve the construction productivity problem. Aiforsite’s smart technology solution Artificial Intelligence for Construction (AIC) facilitates business intelligence…
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Buildots Releases AI-Powered Mobile Control Room for Construction Sites
Buildots, an AI construction tech start-up, announced the release of the first mobile “control room” to give project managers access to critical information on the go. Profit margins in construction are some of the lowest for any industry, averaging just 2.8%, according to a CE Performance Report. These tight margins leave companies with little room…
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AI-Powered Construction – An Interview with Aviv Leibovici of Buildots
In the 100th episode of the AEC Business podcast, Aarni Heiskanen interviews Aviv Leibovici, the CPO and co-founder of Buildots. Buildots is an innovative construction tech start-up established in Israel in August 2018. The company was created with the aim of creating the equivalent of a mission control room for construction sites. Bringing together AI…
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The Construction Technology Handbook – An Interview with Hugh Seaton
In this episode of the AEC Business Podcast, Aarni’s guest is Hugh Seaton who has released an interesting book. It’s titled The Construction Technology Handbook: Making Sense of Artificial Intelligence and Beyond. The book is available on Amazon. Listen to the podcast (also available on Apple Podcast, Spotify, and other platforms) The post The Construction Technology…
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CEMEX Ventures Invests in Modulous, an Offsite Construction Trailblazer
CEMEX Ventures invests in a disruptive offsite construction method. Modulous offers an answer to the housing requirements in the United Kingdom, where they are working on different residential schemes and projects to achieve sales of £25 million in the pilot year. CEMEX Ventures, CEMEX’s Corporate Venture Capital and open innovation unit, announced on January 14,…
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The Construction Technology Handbook Released
In the AEC TechTV show, Aarni Heiskanen interviews Hugh Seaton who released The Construction Technology Handbook on January 7, 2021. The book is available on Amazon. The post The Construction Technology Handbook Released appeared first on AEC Business. View the original article and our Inspiration here