Artificial Intelligence or AI

The contech startup ecosystem is booming, with investment at an all time high. Here are 10 that should be on everyone’s radar this year.

The funding will boost product development and expand the Buildots team, particularly in the US where it looks to triple its headcount.

Long queues at traffic lights could be a thing of the past thanks to a new AI system developed by researchers at Aston University.

Firmus applies advanced computer vision techniques to help flag design issues like missing or incorrect information.

Versatile’s CraneView automatically collects and analyses productivity data from construction job sites using AI and IoT technologies.

Scottish Water and Morrison Construction have selected Hypervine to reduce water infrastructure inefficiencies and emissions.

MineCept cross-references information from individual sensors, a range of image processing algorithms, and deep learning.

This latest round brings total investment in the construction imaging startup to $157m this past year, bringing the total valuation to $902m.

Lithuanian road company has joined forces with Thrust and Agmis to introduce an AI and drone-based system for automated road inspection.

AI Clearing’s Adam Wisniewski explains how AI and data integration can help contractors unlock real value from drone data.