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X @CNN
CNN· 2025-12-05 20:12
Frank Gehry, world renowned architect, dies at 96https://t.co/LIaMTpXXtQ ...
X @CNN Breaking News
CNN Breaking News· 2025-12-05 20:12
Frank Gehry, world renowned architect, dies at 96https://t.co/4VjyOB40YW ...
How This Indian Company Is Creating Sustainable Architecture
Bloomberg Originals· 2025-11-21 22:00
Procedure & Technique - The procedure involves marking a circle and digging, with a depth of 19 feet achieved in one day [1] - The process includes creating holes for grip and using footsteps for access [1] - Rings are put down after cleaning up the well [2] Safety & Concerns - There were instances of stones falling, prompting a warning to avoid looking up [2] - Potential risks are acknowledged with the phrase "What could possibly go wrong" [1] Historical Context & Social Impact - The practice of well digging has ancient roots, with the oldest wells in India dating back approximately 6,000 years [2] - The activity provides employment to numerous families and sustains a tradition [2]
Genius Group appoints Inspiral Architects to lead the Iconic Design of Genius City
Globenewswire· 2025-11-12 13:00
Core Insights - Genius Group has appointed Inspiral Architects to design Genius City in Bali, aiming to create a unique learning city of the future [3][7] - Inspiral Architects is recognized for its nature-based designs and has won multiple prestigious awards, including the International Design Awards and the UNESCO Prix Versailles Award [5][6] Company Overview - Genius Group is a Bitcoin-first education company that leverages AI to provide educational solutions, serving 6 million users across over 100 countries [14] - The company is focused on developing a model for future learning campuses, with plans for 100 Genius Cities globally [7] Project Details - Genius City will consist of three interconnected hubs: Learning Hub, Living Hub, and Student Hub, each designed to foster innovation and community [9][10][11] - The Learning Hub will feature advanced facilities for skill development, including labs for science, robotics, music, and media [9] - The Living Hub will be a Bitcoin-based community with amenities such as cafes, co-working spaces, and nature trails [10] - The Student Hub will cater to high school students with facilities for collaboration, study, and showcasing their work [11] Timeline - Initial designs and investor launch for Genius City are expected in early 2026, with the launch of the three hubs scheduled for late 2027 [12]
Tutor Perini Reports Strong Third Quarter 2025 Results; Further Raises 2025 Adjusted EPS Guidance
Businesswire· 2025-11-05 21:15
Core Insights - Tutor Perini Corporation reported strong third-quarter results for 2025, with significant growth in revenue and profitability, reflecting continued business momentum and operational success [2][14][15] Financial Performance - Revenue for Q3 2025 was $1.42 billion, a 31% increase from $1.08 billion in Q3 2024 [2][10] - Income from construction operations was $40.1 million, a substantial recovery from a loss of $106.8 million in Q3 2024 [4][10] - Net income attributable to the Company was $3.6 million, or EPS of $0.07, compared to a net loss of $100.9 million, or a loss of $1.92 per share in Q3 2024 [5][10] - Adjusted net income for Q3 2025 was $61.9 million, translating to an Adjusted EPS of $1.15, compared to an Adjusted net loss of $84.5 million, or a loss of $1.61 per share in Q3 2024 [5][10] Cash Flow and Backlog - The Company generated record operating cash flow of $289.1 million in Q3 2025, significantly up from $22.6 million in Q3 2024 [6][10] - Total backlog reached a record $21.6 billion as of September 30, 2025, a 54% increase from the previous year, driven by $2.0 billion in new awards and contract adjustments [9][10] Guidance and Outlook - The Company raised its 2025 Adjusted EPS guidance to a range of $4.00 to $4.20, up from $3.65 to $3.95, reflecting confidence in continued strong performance [17][10] - Management anticipates that the strong demand for construction services will persist, particularly in infrastructure projects funded by state, local, and federal customers [19][15] Strategic Positioning - Tutor Perini is well-positioned to capitalize on attractive bidding opportunities, particularly in the West Coast, Midwest, and Indo-Pacific regions, with a focus on large-scale, high-priority projects [12][19]
New Bluebeam Report Shows Early AI Adopters in AEC Seeing Significant ROI Despite Uneven Adoption
Globenewswire· 2025-10-28 13:00
Core Insights - Only 27% of AEC firms currently utilize AI, but 94% of these firms plan to expand their AI usage in the coming year [1][4] - The report indicates that while AI adoption is limited, early adopters are experiencing significant returns on investment (ROI) [4][5] AI Integration Challenges - Despite the proven ROI of AI, firms face barriers such as the need for stronger data governance and compliance frameworks [2] - Skills gaps are a major challenge, with 19% of companies citing a lack of digital skills and 23% struggling to keep pace with rapidly changing technology [2] - 65% of surveyed companies invest less than 10% of their technology budgets on training [2] Early Adopters and ROI - 95% of early adopters use AI frequently throughout the building lifecycle, with nearly half reclaiming 500-1,000 hours on critical tasks [3][4] - 68% of early adopters have saved at least $50,000 through AI tools [4] Technology Investment Trends - 84% of firms plan to increase overall technology investment in 2026 [5] - 67% of AEC leaders report that digital tools are already enhancing productivity [5] Current Technology Usage - Only 11% of firms are fully digital, with many still relying on paper and legacy tools for key workflows [5] - 52% of firms continue to use paper during the design phase, and 49% during planning [6] Collaboration and Workflow Challenges - Nearly 40% of firms struggle with managing collaboration across the project lifecycle, particularly when teams are siloed [6] - Data sharing security (42%) and cost/complexity (33%) are the top integration challenges reported [4] Future Outlook - The report emphasizes the importance of integrating construction expertise with digital fluency to create competitive advantages [7] - The AEC industry is moving towards a more digital and collaborative future, with a focus on overcoming barriers related to complexity, culture, and connection [7]
X @Forbes
Forbes· 2025-10-19 06:00
Meet The Landscape Architect Behind China’s Sponge Cities https://t.co/uAKzgH6yqT ...
X @Forbes
Forbes· 2025-10-17 03:00
Meet The Landscape Architect Behind China’s Sponge Cities https://t.co/uAKzgH6yqT ...
X @Forbes
Forbes· 2025-10-14 12:30
Meet The Landscape Architect Behind China’s Sponge Cities https://t.co/uAKzgH6yqT ...
X @Forbes
Forbes· 2025-10-11 22:00
Meet The Landscape Architect Behind China’s Sponge Cities https://t.co/uAKzgH6yqThttps://t.co/uAKzgH6yqT ...