Robust prospectsfor building sector

  • 📰 staronline
  • ⏱ Reading Time:
  • 35 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 75%

Construction News

Constructionresilient,Technologyadoption,BIM

(Reuters) -Elon Musk's artificial intelligence startup xAI has been talking to Oracle executives about spending $10 billion to rent cloud servers from the company over a period of years, The Information reported on Tuesday, citing a person involved in the talks.

KUALA LUMPUR: The construction industry is expected to remain robust having successfully overcome the challenges posed by the Covid-19 pandemic, says the Works Ministry, which is placing a strong emphasis on the adoption of advanced technologies.

Moving forward, Linggi said his ministry was actively promoting these technological advancements across the entire construction industry, encompassing both private and public projects. Building on his confidence within the industry, Linggi expects the upcoming ICW and BuildXpo 2024, scheduled for Oct 22 to Oct 24, to generate about RM1bil in sales, double from the RM500mil achieved last year.

“Last year was immediately after the Covid-19 pandemic, but we have since seen significant recovery, both domestically and globally,” he noted.“Together, with professionalism, integrity and a unified vision, we can create a legacy of innovation, sustainability and excellence,” he said

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk visits China as Tesla seeks self-driving technology rolloutSHANGHAI: Tesla CEO Elon Musk arrived in Beijing on Sunday for a surprise visit, where he is expected to meet senior officials to discuss the rollout ...
Source: theSundaily - 🏆 25. / 51 Read more »