Spur Intelligence, built by ex-Pentagon engineers, lands $200M as AI makes fraud harder to trace

Spur Intelligence, a startup founded by former Pentagon engineers, has raised $200 million to combat fraud as generative AI makes fraudulent activity harder to trace. The company's behavioral analytics approach aims to counter the growing sophistication of AI-driven fraud.

Behavioural analytics has been the default fraud-detection tool for a decade. Generative AI is quietly breaking it, since…