Industry News

In the heart of the construction industry, a sector that has long been the bedrock of global economic growth, a quiet revolution is brewing. Artificial Intelligence (AI), which has already transformed industries from healthcare to finance, is now poi

The intersection of sustainability and construction is undergoing a seismic shift, sparked by the meteoric rise of artificial intelligence and innovative technologies. When tools like DALL·E first emerged, the whimsical images of raccoons in spacesui

In the face of escalating global political dynamics, the need for enhanced integration between China and Africa has never been more pressing. With the new U.S. administration seemingly bent on alienating the developing world, the Global South, partic

In a fascinating twist, the construction industry is witnessing a surge in venture capital (VC) deals despite a dip in overall investments. The recently released 2024 Venture & Investments Report by BuiltWorlds reveals a year-over-year increase in VC

In a significant move for the construction tech sector, Re-flow, a premier provider of field management software for critical infrastructure, has secured a strategic investment from Kester Capital. This influx of capital, following consecutive years

In a bold move to shape its future urban landscape, the state of Victoria in Australia has released its draft 30-year infrastructure strategy. The ambitious plan recommends investments of AU$55 billion (US$34.5 billion), with anticipated benefits soa

Dive into Egypt’s burgeoning data center market, where digital transformation, smart city developments, and government backing are fueling exponential growth. According to a new report by ResearchAndMarkets.com, the Egyptian data center market, value

In a sweeping move, the Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has stormed the federal budget, wielding a mission to slash waste, trim bureaucracy, and bolster the American economy. With a triad of reforms—regulatory re

In a bold move set to reshape the construction landscape, Taiwan Semiconductor Manufacturing Co (TSMC) has unveiled a staggering $100 billion investment plan in the United States. This ambitious initiative, announced by CEO C.C. Wei during a high-pro

ABB, the international electrical component giant, is doubling down on its commitment to the U.S. market with a significant investment in new facilities. The Zurich-based firm, operating out of its U.S. headquarters in Cary, N.C., has announced plans