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AI IN CONSTRUCTION
Government says 629 national highway projects behind scheduleMany national highway projects are delayed beyond their original completion schedules. Over 100 contractors faced blacklisting for poor qua...- US to spend $5 billion on health, construction research powered by AIThe United States will allocate five billion dollars for scientific research. This funding will address chronic diseases and accelerate dru...
- AI could unlock $228 billion in annual value for US AEC sector by 2030: McKinseyArtificial intelligence (AI) and other automation technologies could unlock around $228 billion in annual value for the US architecture, en...
- Robot AI company Noetra is 'last chance' for Japan, CEO saysJapan's Noetra company is developing foundational AI and robotics technology. This government-backed venture aims for greater domestic tech...
- FIIs just pumped $3 billion into Indian stocks as brutal selloff ends. Here's what they are buyingForeign investors have injected nearly $3 billion into Indian equities recently. Financial services and consumer services attracted signifi...
- Where authorities are restricting data centres amid AI boomGovernments globally are restricting new data centre construction due to rising concerns. New York State enacted a one-year construction mo...
- Hut 8 signs $9.8 billion AI data centre lease, fully commercialises Texas campusHut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. ...
- Who is Uday Ruddarraju? Indian-origin techie who left Elon Musk’s xAI to power OpenAI’s next big pushUday Ruddarraju (Google Trends): Uday Ruddarraju now leads OpenAI's compute infrastructure as Chief Technology Officer. He previously worke...
- Global Market: Citi downgrades South Korea to neutral as AI chip volatility mountsCitigroup has downgraded South Korea to neutral after a year-long overweight stance, citing heightened volatility in AI-linked chip stocks ...
- TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investmentSpeaking after blockbuster second-quarter results on Thursday, Chief Financial Officer Wendell Huang said the company is "very happy" with ...
- AI's data centre boom is becoming a political problem across the globeAs governments race to attract AI investments, data centres are facing mounting opposition worldwide over their massive land, power and wat...
- Tata Technologies Q1 Results: Profit rises 6% to Rs 180 croreTata Technologies has achieved an impressive 6.2 percent increase in profits for the June quarter, alongside a notable rise in consolidated...
- Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
- Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
- Opposition to data centres grows in cramped urban JapanThe more Yoriko Kitagawa learns of a massive data centre to be built near her home in Hino on the outskirts of Tokyo, the more she worries....
- Americans are angry about data centers. Politicians are feeling the pressureJust down the road, though, cranes reach above towering fences at the site of a $16 billion project - one that has turned this town of 2,40...
- Global Market: TSMC to invest additional $100 billion in Arizona, raises capex on booming AI demandTSMC will invest an additional one hundred billion dollars in Arizona facilities. This expansion underscores strong confidence in future ar...
- Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
- AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price riskThe unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid s...
- Google AI Hub ecosystem in Vizag expands with ₹1,008-crore logistics park, 5,000 new jobsA new logistics and light industrial park will support Google's AI Hub in Visakhapatnam. This Ecobox development represents a significant R...
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