News list for " said on October 17"

US Treasury used artificial intelligence to recover $4 billion fraud last year

The US Treasury said on October 17 that it used artificial intelligence to sift through data and recover $4 billion in "fraudulent and improper payments" in fiscal year 2024. By adopting artificial intelligence, the Treasury recovered nearly four times more fraudulent payments than in the previous fiscal year, when it recovered $652.70 million in fraudulent payments.

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2024-10-18 06:24:46
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