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Qualcomm-Amazon AI Deal, DOE $1.9B Nuclear Loan Top Week's News

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Qualcomm-Amazon AI Deal, DOE $1.9B Nuclear Loan Top Week's News

New York – September 16, 2026 -- Qualcomm and Amazon unveiled a multi-generational product collaboration to build next-generation AI data center infrastructure, combining Amazon's cloud-scale compute with Qualcomm's power-efficient silicon design.

Qualcomm and Amazon target AI data center bottlenecks

The partnership addresses surging demand for compute, storage, networking and memory bandwidth as AI workloads scale exponentially, pairing Amazon's infrastructure with Qualcomm Technologies' system-level integration expertise.

Labcorp acquires MLM Medical Labs to expand clinical trial network

Labcorp's acquisition of MLM Medical Labs extends its central laboratory footprint, making it the only central lab provider with a wholly owned network spanning North America, Europe, Asia and Africa for biomarker and clinical trial services.

U.S. Department of Energy closes $1.9 billion loan to restart Iowa nuclear plant

The DOE finalized a loan of up to $1.9 billion to restart NextEra Energy's Duane Arnold Energy Center, a 615-megawatt nuclear facility in Linn County, Iowa. A study projects the restart could generate more than $9 billion in economic benefits for Iowa over 25 years.

Cognizant commits to hiring 1,500 U.S. graduates for AI-era roles

Cognizant plans to hire 1,500 U.S. college graduates and scale its Frontier Certified Engineer and Frontier Business Operator programs to 15,000 workers, backed by annual direct university recruitment.

Elbit Systems' U.S. unit rebrands as Twenty-Six Defense

The American operating segment of Elbit Systems Ltd. now operates as Twenty-Six Defense, employing 3,300 workers who have supported the U.S. military for more than three decades.

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