SpatialGPT Secures $5.1 Million Investment from Ex-Microsoft Executives

SpatialGPT, a startup specializing in AI construction, has received a $5.1 million investment from former Microsoft executives. The company aims to revolutionize construction projects using cutting-edge AI technologies, such as Microsoft Azure and Apple Vision Pro.

AI Technologies to Enhance Construction Projects

Established by InnovateGPT Group, SpatialGPT’s primary focus is to deploy sophisticated AI tools to increase efficiency and accuracy in large-scale construction projects. The tools, which include Microsoft Azure OpenAI Service and Apple Vision Pro, are designed to provide precision and minimize delays in project management.

George Stavrakakis, CEO of InnovateGPT Group, explained the company’s focus on the construction sector. He noted the sector’s vital importance to the economy and the significant potential for positive change within this key area.

Expansion into Education and Healthcare

In addition to construction, SpatialGPT has plans for expansion into other sectors, including education and healthcare. This move is part of the company’s broader goal to leverage advanced AI tools to bring about transformational changes across different sectors.

InnovateGPT Group’s Investments in AI Startups

SpatialGPT is part of the InnovateGPT Group’s portfolio of AI startups. The group, which is led by Robert Marolda, has invested over $15 million in various ventures including SkillsGPT and RedGridGPT. The funds secured by SpatialGPT will be used to develop AI-powered solutions aimed at enhancing project management in the construction industry.