Earnings roundup: Data centers buoy builders’ bottom line

Demand for infrastructure to support the AI boom is strong, but tariff uncertainty persists, leaders of major public construction firms said in the latest round of earnings calls. 

Data centers, public works boost backlog, but confidence cracks

About four in five ABC members reported higher material price notices, a factor that cut into contractors’ optimism around sales and profits, according to ABC Chief Economist Anirban Basu.

AI could cut disaster infrastructure losses by 15%, new research finds

Artificial intelligence applications like predictive maintenance and digital twins can help keep the power on and the roads open during natural disasters — and save $70 billion in losses by 2050, per a Deloitte Global report.

$3 billion hyperscale ‘AI factory’ planned north of Fargo

Netflix House, a new experiential entertainment venue, goes up with help from robots that paint and finish drywall

MIT report: 95% of generative AI pilots at companies are failing