KPMG Buys Optimum Solutions

KPMG announced it is acquiring Optimum Solutions, an Oracle Platinum Partner, strengthening KPMG’s ability to help clients use technology to transform key operations such as human capital management (HCM), finance and accounting, business intelligence and supply chain management. The transaction is expected to close later this fall. Financial terms will not be disclosed. Founded in 1999 and based in San Francisco, Optimum provides management consulting and implementation services for organizations utilizing Oracle Corp.’s enterprise software.

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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.