US-Israeli startup Buildots, which uses AI to speed up construction of mega-projects like data centers and chip factories, raised $130M at a near-$1B valuation (Marissa Newman/Bloomberg)

Buildots, a US-Israeli startup, recently secured $130M in funding, pushing its valuation close to $1B. The company specializes in leveraging AI to accelerate the construction of large-scale projects, including data centers and chip factories. This investment highlights the growing interest in applying artificial intelligence to enhance efficiency within the construction industry, particularly for complex and expensive mega-projects.