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The U.S. office vacancy rate hit a record high of 20.1% in the second quarter of 2024, according to ratings service Moody’s.

Entergy Louisiana also plans to build electric generation and infrastructure to help power the facility.

Numbers for fiscal 2025 third quarter show software firm's operating margin continues to recover from a Q1 delay in release of its earnings, it said.

The tech company announced several artificial intelligence-powered additions to its popular construction management software platform at its annual user conference.

Platform's feature called Insights can improve project executives' early decisionmaking, says its co-founder and CEO Andrew Zukoski. 

Artificial intelligence-powered contract and document review platform Document Crunch raises $21.5 million in a series B funding round led by Titanium Ventures. 

By embracing the transformative capabilities of artificial intelligence, engineers can conserve time for employees to work on engineering and contractors can head off problems before they become so on the job site. However, governance and responsibility to the client must remain the bedrock all AI processes are built on.

When Matt Andersen ended 20 years in public accounting and joined then-client Superior Masonry Unlimited as CFO in 2022, his first order of business was to modernize the specialty contractor’s accounting systems.

Bentley Systems acquired on Sept. 6 geographic information and 3D Tiles provider Cesium, with terms not disclosed for the deal set to close by the end of 2024. 

The software startup, which makes a construction scheduling and planning platform, announced Aug. 27 it had raised $13.5 million in a Series A funding round led by Sierra Ventures.