$150M Deal Fails at HyperGrid AI Project
Fermi's $150M funding deal for its HyperGrid AI campus collapses, causing a 43% stock drop but the company remains hopeful about future plans.
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The Project Stress Index is a rolling measure of preconstruction projects delayed, abandoned, or placed on hold over the last 30 days. The Index is an early indicator of possible headwinds for the U.S. construction market.
Fermi's $150M funding deal for its HyperGrid AI campus collapses, causing a 43% stock drop but the company remains hopeful about future plans.
Delegates attending day two of the recent Buildings Show in Toronto heard how agentic AI is rapidly emerging as construction’s third wave of AI.
Clarksville, Tennessee, attracts major Japanese investment, creating 928 jobs and boosting its reputation as one of America's fastest growing cities.
Voters approved funding for the construction of a new $660 million high school building project in Lexington, Ma.