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flag Skymantics secures IRS contract to enhance fraud detection using AI-generated synthetic data.

flag Skymantics, an AI firm, received a Phase 4 contract from the IRS to expand its SimoN platform, using synthetic data to enhance fraud detection and tax compliance. flag The platform will now generate models simulating non-compliant activities, aiding the IRS in modernizing and improving predictive analytics. flag Skymantics also plans to apply its AI technologies to improve air traffic management.

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