Dodge study shows 87% contractor AI optimism, Genesys launches 3D subsurface mapping

Snapshot

Dodge study shows 87% contractor AI optimism, Genesys launches 3D subsurface mapping, Mach raises $7M seed, Ferguson invests $8.5M in Ply materials platform.

AEC Tech in Action

Contractors show optimism about AI's role in construction: Dodge Construction Network's research indicates 87% of contractors believe AI will significantly impact their operations despite low current adoption rates. (financialcontent.com)

Autonomous mining technology aims for major impact by 2025: Rio Tinto, BHP, and Fortescue are deploying AI-driven haul trucks and drills that cut fuel use by up to 15% and reduce safety incidents by 50–70%, though 72% of pilot projects fall short due to infrastructure costs and cultural resistance. (com.au)

New Innovations and Partnerships

Genesys International launches 3D subsurface mapping technology: Genesys International introduces India’s first 3D subsurface mapping technology for infrastructure development, targeting major airports operated by Adani Group. (businessupturn.com)

3D printing accelerates construction of nuclear reactor components: University of Maine uses the world's largest polymer 3D printer to produce concrete form liners for Kairos Power's nuclear reactor project in Tennessee. (interestingengineering.com)

Funding Rounds and M&A Activity

Mach: Mach has announced $7 million in seed funding and new partnerships with OEMs in agriculture, defense, and landcare to enhance its off-road autonomy solutions. (roboticsandautomationnews.com)

Ply: Ferguson announces an $8.5 million investment in Ply, focused on materials management. (mdm.com)