Robots could soon outnumber humans in the workforce.

Photo provided by HD Hyundai. Today’s construction equipment already runs on software. That software can collect lots of data, which is a good/bad situation. Data is good for helping with machine ...

German startup Sitegeist GmbH said today it has raised €4 million (around $4.75 million) in pre-seed funding to help accelerate the renovation of Europe’s infrastructure with robotic automation.

"You can already buy a humanoid today, which gives you a payback period versus human workers of less than 10 weeks," a former Citi executive told CNBC.

The autonomous construction tech provider now boasts total funding of over $350 million and a valuation of $1.75 billion.

Comfort Systems USA, Inc. FIX is heavily capitalizing on the market shift toward the AI boom and the use of advanced tools while making headway on becoming a technology-enabled construction leader.

The company will use the funding to expand its team and accelerate on-site deployment of Sitegeist’s robots to meet customer demand driven by Europe’s large infrastructure renovation backlog.

According to some reports the AI in construction market is expected to grow from about $4 billion today to almost $12 billion in just the next few years. There’s a lot of new technology coming. But if ...

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Humanoid robots might not be a fixture on the ...

Luminous’ AI-powered robots (pictured) received support via the AU$100 million Solar ScaleUp Challenge. Image: Engie. Luminous Robotics has successfully completed its first international deployment of ...