Innovation — AI

Autodesk acquires AI construction tech company Pype Autodesk announced last week it has signed an agreement to acquire Pype, a construction software provider of solutions for automating project management workflows. The acquisition will strengthen Autodesk's Construction Cloud, allowing general contractors, subs, and owners to automate tasks such as submittals and closeouts, among many other job related workflows. "I could not be more optimistic about the future of the building industry," said Andrew Anagnost, CEO of Autodesk in a statement. "Even in challenging times such as those we are currently facing, Autodesk remains focused on making the jobs of people who build easier. Pype’s...

OnSiteIQ raises $4.5 million to improve construction safety using AI and 360-degree imagery Image Credit: Matthew Hamilton OnSiteIQ today announced that it has raised a $4.5 million series A round to grow its AI-powered safety analysis of 360-degree imagery from construction sites. In addition to supplying computer vision for risk assessment reports, the company’s platform is made to stitch together imagery so construction site managers can examine progress, skimming through footage for a guided tour like Google Street View. OnSiteIQ built the largest data set — over 100 million images — of visual construction risk information in the industry, OnSiteIQ CEO...