Securing a $1.2B Debt Facility

Turner Construction was paying for specialist AI software. Then they ditched it for ChatGPT and it did 85% of the job. The founder they left behind says he's not even surprised.

In this episode of Bricks, Bucks & Bytes, Owen, Patric, and Martin are joined by Luigi La Corte, CEO of Provision, for an unfiltered conversation about what AI is really doing to construction software  and who's about to get left behind. 

Plus, two founder call-ins you don't want to miss: Bertrand from Billdr reveals that 75% of SMB general contractors are still running their business on Excel in 2026, and Jodok walks us through how he secured a $1.2 billion debt facility to green Europe's homes.

Here's what we get into:

• Why contract review software is being commoditized to zero — and which tools are next

• Turner Construction ditching specialist AI software for OpenAI's "good enough" enterprise package

• Luigi's bold claim that AGI is already here (and why he's running it from his couch via Telegram for $60/month)

• Patric's multi-lens take on AI: "excited as a consumer, terrified as a citizen"

• The Anthropic safety chief quitting to study poetry and why that should concern everyone

• Billdr's pivot from a $40M marketplace to vertical SaaS, and the brute-force sales motion that's actually working

• How Jodok went from a $5M lending facility to $1.2 billion in under three years

"The technological swell is here. Most leaders are just swimming, enjoying the sun, making money, business as usual. A few are paddling hard towards the swell. It feels like a lot of effort with no results, but when the wave breaks, the ones paddling will separate from everyone else at a pace no one else could catch."

If you're in construction and not paying attention to AI right now, this episode will tell you exactly why you should be. Watch the full episode on YouTube. Link in the comments!

Chapters

00:00 Intro

00:52 Introduction to Luigi La Corte and Industry Insights 

03:30 AI in Construction: Scope Agent and Its Impact 

06:27 Navigating Contract Review Tools in the AI Era 

09:20 The Future of AI: Perspectives and Predictions 

12:20 Diverse Sentiments on AI: Consumer vs. Societal Impact 

14:37 AGI: Is It Already Here?  

22:19 The Future of AI and Productivity 

24:11 Concerns About AGI and Its Implications 

25:26 The Impact of AI on Human Experience 

26:37 Recursive Self-Improvement and Its Risks 

27:48 Billdr's Journey and Market Positioning 

37:55 The Demand for All-in-One Solutions in Construction Tech 

40:01 The Evolution of General Contractors and Their Needs

41:22 The Future of Administrative Tasks in Construction 

42:35 Addressing the Missing Middle in Construction Companies 

44:15 Financing the Energy Transition: ClueWorth's Approach 

46:48 Scaling Operations in a Fragmented Market 

54:06 Navigating Complexity in Energy Installations 

58:04 Revenue Models and Future Growth Strategies