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HMRC signs £175M deal with Quantexa to use AI for fraud detection

HMRC signs a 10-year, £175M contract with Quantexa to deploy AI technology for detecting fraud and correcting tax return errors.

May 15 · · primary fetch1 sourceupdated May 15 ·

Zoe Kleinman / BBC: The UK's HMRC tax authority announces a 10-year, £175M deal with London-based Quantexa to use its AI tech to identify fraud incidents and fix tax return errors — HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.

read full article on techmeme.com
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  1. techmeme.comThe UK's HMRC tax authority announces a 10-year, £175M deal with London-based Quantexa to use its AI tech to identify fraud incidents and fix tax return errors (Zoe Kleinman/BBC)primary