Project costs stymy construction planning
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Macroeconomic pressures coupled with inflated project costs are weighing on developers’ appetite for new construction planning, according to Dodge Construction Network. After a streak of record-setting months, the pipeline of future nonresidential construction shrank in October. The […]
AI, robotics push built environment funding to $4.4B influx
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Built environment funding reached $4.4 billion in the third quarter, a 66% year-over-year increase bolstered by a continuing groundswell in artificial intelligence and robotics startups, according to a Nov. 5 report from Chicago-based Nymbl Ventures, […]
‘Hyperscaling’ AI Infrastructure Has Tech Giants Buried in Billions Worth of Debt
Companies like Google, Meta, and Microsoft are now turning to debt financing to scale up their AI infrastructures to meet market expectations. Source link