Procore and AWS announce multi-year AI and marketplace collaboration
United States, August 28, 2025 News Summary Procore Technologies and Amazon Web Services have entered a multi-year strategic collaboration to co-invest in AI, machine learning, data operability and joint go-to-market programs for the construction industry. The agreement includes listing the Procore construction management platform in a major cloud marketplace to simplify procurement and scaling. Joint development […]
Procore shifts leadership and signs multiyear cloud and AI partnership
California, August 27, 2025 News Summary Procore announced a strategic leadership transition, naming its founder to move into an executive chairman role once a new CEO is appointed and adding a senior industry executive as Head of Industry Transformation. The company also revealed a multiyear cloud partnership to embed large language model services and AI agents […]
Peregrino FPSO halted for safety fixes as sector pivots to floating, modular and digital solutions
Peregrino FPSO, Campos Basin, Brazil, August 27, 2025 News Summary Regulators ordered a production stop at the Peregrino FPSO after gaps were found in risk management documentation and the deluge firefighting system required changes. The pause triggered a more than 5% drop in the operator’s shares and is expected to last several weeks pending on-site work […]
Procore and cloud partner embed AI agents to transform construction workflows
Seattle, August 27, 2025 News Summary A multi‑year collaboration between a leading construction platform and a major cloud provider is introducing AI agents, real‑time analytics and a searchable intelligence layer into construction workflows. The platform, branded with an intelligence layer that turns site diaries and RFIs into continuous insights, automates tasks like drafting RFIs, flagging spec […]
Procore and AWS launch strategic multi‑year collaboration to accelerate construction AI
Carpinteria, California, August 27, 2025 News Summary Procore Technologies and Amazon Web Services announced a multi‑year strategic collaboration to co‑invest in go‑to‑market activities and product innovation for the construction industry. The agreement lists Procore’s platform in AWS Marketplace for buyers in North America and Europe, enables consolidated billing and use of existing AWS spend commitments, and […]
Xpanner launches X1 Kit to add Physical AI to construction machines; NoBull Energy named first XBoost partner
Indianapolis, United States, August 27, 2025 News Summary Xpanner introduced the X1 Kit, a field-ready retrofit that adds Physical AI and software-defined controls to existing construction machines, with initial deployments on pile drivers. The company claims more than 50% efficiency gains, an example 80% labor reduction in piling, and a 50% cut in operation time, though […]
Autodesk cuts 1,350 roles to refocus on AI and cloud amid AEC data gap
San Francisco, August 26, 2025 News Summary A major software firm announced reductions impacting about 1,350 employees worldwide, reallocating headcount and capital into artificial intelligence, cloud services, and platform investments. The move highlights a broader challenge for the architecture, engineering, and construction (AEC) sector: a persistent “data interstice” where fragmented, unstructured project data prevents AI from […]
Global Building Information Modeling Market Set to Rise to USD 15.42 Billion
Delray Beach, Fla., August 26, 2025 News Summary A new market forecast projects strong expansion in the Building Information Modeling (BIM) market, driven by demand for real-time visualization, data integration and energy-efficient design. Growth is propelled by government mandates, modular construction trends, and integration with IoT, digital twins, cloud platforms and AI. Design and modeling software […]
AI Cuts Costs and Time in Electrical Estimating
United States, August 26, 2025 News Summary The electrical contracting industry is rapidly adopting AI-powered estimating systems that scan plans, detect symbols, and auto-generate takeoffs in hours instead of days. These platforms improve precision, reduce omissions, and sync estimates with procurement, accounting and project management tools to eliminate duplicate data entry. Vendors ease adoption with intuitive […]
Starian secures R$640 million strategic investment from General Atlantic
Florianópolis, Santa Catarina, Brazil, August 26, 2025 News Summary Starian, a Brazil-based vertical SaaS company spun out of Softplan, has secured R$640 million in a strategic financing round led by General Atlantic. The Share Purchase Agreement is signed and closing remains subject to customary regulatory approvals. The capital will accelerate organic growth, product development, localized customer […]