This Week
Merck
Merck is actively hiring for Director of ServiceNow Security Risk and Compliance Engineering and IRM Development Lead roles, indicating expansion in compliance and risk management capabilities.
State of Colorado
Colorado's Office of Information Technology laid off 173 workers, created 98 new roles, and rehired 15 of the laid-off employees as part of a reorganization aimed at saving at least $6 million while addressing cybersecurity gaps.
BlackRock
BlackRock is actively hiring for a Vice President Salesforce QA Engineer position in Atlanta, indicating continued investment in Salesforce platform quality assurance and engineering capabilities.
Lowe's Companies, Inc.
Lowe's is laying off approximately 600 corporate and support roles (less than 1% of workforce) to refocus resources on store employees and frontline customer associates as part of a strategic pivot.
EQB
EQB appointed Janet Lin as new CIO as part of significant leadership team changes, alongside a new CFO and chief risk officer.
GEODIS
GEODIS filed a layoff notice for 185 warehouse operations and driver positions in Pennsylvania effective August 31, 2026, with a median compensation of $46,235.
Dell Technologies
Dell Technologies is raising approximately $4 billion through an investment-grade bond sale to refinance debt due in 2026 and fund general corporate purposes, capitalizing on AI-driven demand for servers.
Mercury
Mercury raised $200 million in Series D funding at a $5.2 billion valuation to scale its AI-native banking platform for startups and enterprises, bringing total capital raised to $700 million.
Taktile
Taktile raised $110 million in Series C funding led by Growth Equity at Goldman Sachs Alternatives to expand its AI transformation platform for financial institutions globally.
Amazon
Amazon and Qualcomm announced exploration of a $60 billion AI chip collaboration, representing a significant strategic expansion of their partnership in artificial intelligence chip development.
Qualcomm
Qualcomm and Amazon announced exploration of a $60 billion AI chip collaboration, representing a significant strategic expansion of their partnership in artificial intelligence chip development.
SpaceX
SpaceX announced a $100 billion manufacturing project in Vermilion Parish, Louisiana as part of 160 new industrial projects identified in August 2026.
Mach Industries Inc.
Mach Industries raised $600 million in funding to expand manufacturing capacity and build a vertically integrated manufacturing system for aircraft components.
Norwalk Data Center Operator
Norwalk Data Center Operator expanded operations with a $100 million infrastructure investment in Connecticut, enhancing data center services capacity despite high electricity costs.
Saks Global
Saks Global plans imminent Chapter 11 bankruptcy with $1.25 billion in financing talks to support the restructuring process.