Innovation

IBM Adds PepsiCo CEO Ramon Laguarta To Board

By Amit Chowdhry ● Yesterday at 9:04 AM

International Business Machines (IBM) has elected Ramon L. Laguarta to its board of directors, expanding the company’s outside leadership bench as it continues to position itself for long-term growth and governance oversight. The appointment takes effect March 1, 2026, and adds a seasoned global operator from the consumer and supply chain-intensive world to IBM’s boardroom.

Lyric Health Names Bill Schmitt As Chief Growth Officer To Expand AI-Based Virtual Care And Enterprise Partnerships

By Amit Chowdhry ● Yesterday at 9:01 AM

Lyric Health has appointed Bill Schmitt as Chief Growth Officer, a newly created role aimed at accelerating growth for the company’s AI-powered virtual care and integrated health navigation platform. The appointment was announced as Lyric looks to expand its market presence and deepen enterprise partnerships across healthcare, employer benefits, and plan sponsor ecosystems.

OPSWAT Names Bill Carey CFO As Cybersecurity Firm Scales Critical Infrastructure Protection

By Amit Chowdhry ● Yesterday at 8:59 AM

OPSWAT has appointed Bill Carey as chief financial officer, bringing on a veteran technology finance leader with public company and IPO experience to lead financial strategy and governance as the company expands its cybersecurity offerings for critical infrastructure protection.

Juniper Square Names Jason Sheller Global Head Of Go To Market For Fund Administration

By Amit Chowdhry ● Yesterday at 8:57 AM

Juniper Square has appointed Jason Sheller as Global Head of Go To Market, Fund Administration, tasking the longtime financial services sales and business development executive with leading the global go-to-market strategy for the company’s fund administration business.

Waymo Eyeing $16 Billion Raise At Nearly $110 Billion Valuation, Says Report

By Amit Chowdhry ● Yesterday at 8:55 AM

Alphabet’s Waymo is reportedly pursuing a massive new funding round that could push the self-driving leader’s valuation into rarefied territory, even as U.S. regulators sharpen their scrutiny of robotaxi safety. According to Bloomberg News, Waymo is aiming to raise about $16 billion in financing at a valuation of nearly $110 billion, citing people familiar with the matter. The report indicates that parent Alphabet would supply roughly $13 billion of the total, with the remaining capital expected to come from outside investors, including Sequoia Capital, DST Global, and Dragoneer Investment Group.

R.P. Lumber Expands In Indiana With Deal To Buy Bender Lumber, Reaching 99 Stores

By Amit Chowdhry ● Yesterday at 8:40 AM

R.P. Lumber, a family-owned building materials retailer and home center based in Edwardsville, Illinois, said it has agreed to acquire Bender Lumber, a long-standing building supply company with deep roots in Southern Indiana.

Serverfarm Closes $3 Billion To Build More Data Centers Across North America

By Amit Chowdhry ● Yesterday at 8:33 AM

Serverfarm announced it has closed a $3 billion credit facility, finalized in December 2025, to fund the development and construction of multiple hyperscale campus projects across key North American markets. The company said the financing is supported by a syndicate of 23 institutional lenders and is designed to enable it to deliver AI-ready data center infrastructure for cloud providers and AI companies seeking massive-scale deployments.

J.F. Lehman Launches Environmental Services Platform With Majority Stakes In Tradewater And RTI

By Amit Chowdhry ● Yesterday at 8:25 AM

J.F. Lehman & Company has formed a new environmental services platform after an investment affiliate of JFL Equity Investors VI, L.P. acquired majority stakes in Tradewater LLC and Reclamation Technologies USA. The two acquisitions are intended to serve as foundational investments for a growth-oriented platform focused on the lifecycle management of industrial and refrigerant gases and on mitigating uncontrolled methane sources, with an emphasis on specialized closed-loop services shaped by regulatory complexity and customer demand.

Standard Chartered Arranges €641.1 Million In Financing For Uganda Power Grid, Roads, And Water Projects

By Amit Chowdhry ● Yesterday at 12:34 AM

Standard Chartered has arranged €641.1 million in financing for the Government of Uganda to support three major infrastructure projects across power transmission, road upgrades, and water supply and sanitation, according to an announcement in Kampala. The signing took place at the Ministry of Finance, Planning and Economic Development (Uganda).