Caterpillar partners with Nvidia on AI construction equipment, JLG acquires Canvas tech

Snapshot

Caterpillar partners with Nvidia on AI construction equipment, JLG acquires Canvas tech, Bentley Systems buys Talon Aerolytics and Pointivo assets.

New Innovations and Partnerships

Caterpillar and Nvidia partner on AI construction equipment: Caterpillar is testing an AI assistant system named Cat AI on the Cat 306 CR Mini Excavator, developed in partnership with Nvidia. (techcrunch.com)

John Deere advances autonomy stack for construction applications: At CES 2026, Deanna Kovar discussed how John Deere's agricultural autonomy technologies are being adapted for construction and industrial machinery. (techbuzz.ai)

Johnson Controls evolves into a pure-play commercial building leader: Johnson Controls announces its transformation into a focused provider of commercial building solutions after divesting its residential business. (financialcontent.com)

DJI launches Dock 3 for construction management: DJI announces the Dock 3 drone platform to enhance large-scale construction management. (tipranks.com)

LA’s wildfire rebuilding brings new design, construction tech: Builders in Pacific Palisades and Altadena are deploying modular systems from Cassette, steel frames from Ghost Factory, and concrete panels from RSG 3-D to accelerate reconstruction and improve wildfire resilience on burned sites. (bloomberg.com)

Funding Rounds and M&A Activity

JLG Industries: JLG Industries has acquired core technology from Canvas to enhance its autonomous construction solutions. (landscapemanagement.net)

Bentley Systems: Bentley Systems has acquired Talon Aerolytics and Pointivo's technology to expand its Asset Analytics platform for telecom towers and electric utilities, integrating drone processing, AI-powered damage detection, and digital twin workflows. (arcweb.com)