The U.S. Treasury says it increased detection and prevention of fraud by six-fold, to $4 billion, in 2024 thanks to machine learning AI.

What is the best contemporary use for AI technology? While generative AI — and the often-absurd amounts of power it uses — has been getting the bulk of press lately, the real breakthroughs might come more from the machine learning side of the equation.

Risk screening, check fraud detection and more have helped the government recover more than $4 billion, Treasury announced.