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Argo AI, driverless startup backed by Ford and VW, is shutting down — The Verge

The company, which was founded by veterans of Google and Uber’s self-driving car projects, has lost the financial support of Ford and VW, a source said, writes Andrew J. Hawkins.

Here is the link: https://www.theverge.com/2022/10/26/23423998/argo-ai-shut-down-ford-vw-av-self-driving

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Mizuho, IBM develop AI system for banking error detection

Mizuho and IBM have collaborated to develop a proof of concept (PoC) system that utilizes watsonx, IBM's enterprise generative AI and data platform, to enhance the efficiency and accuracy of Mizuho's event detection operations.

Lumos raises $35M

San Francisco, CA-based access management platform provider Lumos has raised $35 million in Series B financing.

Aerodome raises $21.5M

Aerodome, a Los Angeles, CA-based company specializing in Drone-As-First-Responder (DFR) technology, has secured $21.5 million in a Series A funding round.

Uncle Sam to inject $50M into auto-patcher for hospital IT — The Register

The US government's Advanced Research Projects Agency for Health (ARPA-H) has pledged more than $50 million to fund the development of technology that aims to automate the process of securing hospital IT environments, writes Jessica Lyons in The Register.