💸 AI Fraud Is Rising - Here's Why

Welcome to Guru99 AI Report!

Together With 👉 Intelogos 👈

Thursday's top story AI is rewriting the rules of trust - from fake receipts to cloned voices, the line between real and artificial has never been blurrier. This week, uncover how innovation and deception are evolving side by side.

😯 AI's New Trick: Fooling Your Wallet?

Brief Buzz: AI is making it easier than ever to fake financial documents — and companies are scrambling to keep up. According to the Financial Times, expense management platforms are seeing a surge in AI-generated fake receipts, sparking fresh fears of corporate fraud.

• Over 70% of CFOs suspect employees are using AI tools to falsify expenses; 10% are certain it's already happening.
• Fraudsters are exploiting image-generation models like GPT-4o to create convincing fake receipts with a simple prompt
• AI-driven scams now include cloned voices, synthetic identities, and even fake companies — one deepfake voice scam nearly fooled WPP employees into wiring money.
• The UK reports £629M lost to AI-powered scams last year — a 17% increase.
• Meanwhile, firms like Visa are deploying AI to combat fraud — detecting nearly $1B in scam attempts and shutting down 25,000 fake merchants.

Why Should You Care?

AI isn't just transforming business - it's transforming crime. The same tech powering creativity and productivity can now mimic reality at scale, blurring trust boundaries. As fraud tools become more accessible, expect tighter verification systems, smarter AI-detection tech, and rising digital ethics debates that could redefine how we verify authenticity online.

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👉 In partnership with Intelogos

Intelogos is an AI-driven people analytics platform designed to help businesses understand, optimize, and improve team performance. It leverages advanced artificial intelligence and behavioral analysis to provide real-time visibility into productivity, engagement, and collaboration across teams.

Intelogos' AI-driven capabilities help leaders make smarter, data-backed decisions about performance and workforce management. Through the use of artificial intelligence and machine learning, Intelogos automatically identifies trends, predicts potential issues, and recommends improvements that enhance employee satisfaction and efficiency.

AI is deeply integrated into Intelogos' analytics, automation, and reporting systems, empowering managers to gain deeper insights and take proactive actions to improve team outcomes.

• AI Performance Analytics: Uses AI to continuously analyze work patterns, productivity levels, and engagement metrics to highlight key insights and improvement areas.
• Predictive Intelligence: Employs machine learning to forecast burnout risks, identify top performers, and suggest strategic changes to boost overall team performance.

⚡ Claude Enters the Lab: AI's New Breakthrough!

Brief Buzz: Anthropic just entered the $2 trillion biotech race with the launch of Claude for Life Sciences, a specialized version of its AI model aimed at supercharging drug discovery workflows. Instead of replacing scientists, it's designed to handle the paperwork and data drudgery that slows medical breakthroughs.

• Automates core R&D tasks - from hypothesis generation and literature review to regulatory drafts.
• Cuts time drastically: Early tests showed Claude turning multi-day data reviews into minutes.
• Strategic partnerships with Benchling and 10x Genomics integrate Claude directly into scientists' existing lab ecosystems.
• Ambitious vision: Anthropic wants a "meaningful percentage of all life-science work" to run on Claude, per CNBC report.
• The move follows Eric Kauderer - Abrams' appointment to lead Anthropic's life sciences division - signaling a deeper investment in biotech.

Why Should You Care?

This move could shrink drug discovery timelines - turning decade-long processes into just years - and lower costs that currently top $2.6 billion per drug. For everyday people, that means faster access to life-saving treatments, while scientists get more time to innovate instead of wrangling data.

⚡️ 5 AI Tools to Supercharge Your Productivity

👉 Campaign Monitor - This email-marketing platform includes an AI-Writer tool that enables users to generate campaign copy, headlines and CTAs with minimal effort; you can prompt it to brainstorm, refine tone of voice, or shorten long text into punchy blurbs.

👉 SBG Funding - Although primarily a small-business lender, SBG Funding publishes guidance on how its clients are using AI and ML tools for growth — and by extension SBG helps finance adoption of such AI-driven tech.

👉 Xero - AI-powered features streamline financial management by automating tasks like invoice processing and bank reconciliation. Its predictive analytics provide actionable insights, helping businesses forecast cash flow and make data-driven decisions effortlessly.

👉 CapFront - This small-business funding marketplace uses “innovative technology” including machine-learning and AI-driven analytics to assess credit risk more quickly and accurately, enabling faster approvals and streamlined underwriting.

👉 NinjaOne - harnesses artificial intelligence to simplify endpoint management, patching, and overall IT operations. Its AI stack focuses on turning the flood of patch data and device telemetry into precise, actionable guidance for busy IT teams.

🧬 Extropic Unveils Chip That Cuts AI Energy

Brief Buzz: A radical new chip design could rewrite the rules of AI computing. Extropic has unveiled its Thermodynamic Sampling Units (TSUs) — processors that calculate probabilities instead of executing step-by-step instructions — promising to run AI models with up to 10,000× less energy than today’s GPUs.

• New approach: TSUs trade perfect precision for speed and efficiency, generating probable outcomes instead of traditional calculations.
• First deployments: Development kits have already shipped to AI labs and weather modeling companies, alongside open-source testing tools.
• Next step: The upcoming Z-1 chip, arriving next year, is built to run next-gen diffusion models for image and video creation.
• Big vision: Founded by ex-Google quantum researchers, Extropic aims to break through AI’s looming energy ceiling.

Why Should You Care?

If Extropic's claims hold up, this could dramatically lower AI's energy footprint, making powerful models cheaper, greener, and more accessible. It hints at a future where running ChatGPT - scale systems might cost pennies instead of megawatts - potentially reshaping who can build and benefit from advanced AI.

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📉 The Real Story Behind Mass Layoffs

Brief Buzz: Silicon Valley's latest job cuts are sparking debate — is AI really replacing humans, or are companies just using it as cover for economic corrections? Recent layoffs at Amazon, Chegg, and Salesforce show how AI narratives are shaping corporate strategy and public perception.

• Amazon cut 14,000 corporate roles; Salesforce eliminated 4,000 customer service jobs, citing AI efficiency.
• Chegg laid off nearly half its workforce, blaming "AI disruption."
• Experts like Yale's Martha Gimbel and investor Chamath Palihapitiya argue these cuts stem from pandemic over-hiring and rising interest rates, not just AI.
• Yale's Budget Lab data shows firms are normalizing after years of cheap capital.
• Indeed's AI at Work Report 2025 found AI currently replaces only 0.7% of job skills - far from mass automation.

Why Should You Care?

This isn't just a tech industry shake-up - it's a preview of how companies might use AI narratives to justify restructuring. For workers, the key takeaway is balance: AI is reshaping tasks, not erasing most jobs. The challenge ahead? Learning to thrive alongside AI, not fear it.

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😮 Atlas Browser's Hidden Flaw Everyone Missed

Brief Buzz: OpenAI's newly released Atlas browser, powered by ChatGPT, is making waves — and raising eyebrows. The tool can autonomously browse, shop, and plan, but experts warn it could also open doors to serious security vulnerabilities.

• Atlas can access your browsing history and act on your behalf, making it a powerful but risky assistant.
• Security leaders warn of prompt injection attacks - malicious code hidden in websites or emails that could trick the AI into unauthorized actions or data leaks.
• OpenAI's CISO Dane Stuckey says mitigations are in place, but others caution the threat remains "catastrophic" if sensitive data or accounts are compromised.
• Experts call Atlas’s constant learning about user behavior a "seismic change" in privacy, far beyond what traditional browsers do.

Why Should You Care?

If Atlas or similar AI browsers catch on, they could reshape how we interact with the web - handling tasks for us but also exposing us to smarter, scalable cyberattacks. Until safeguards mature, treat AI browsers as high-risk tools - useful for experiments, not sensitive data.

👉 Browse with freedom via a proxy

💼 Smarter Interview Prep Starts with NotebookLM

In this tutorial, you'll learn how to use NotebookLM to prepare for job interviews by automatically gathering company research, generating practice questions, and creating personalized study materials.

Step-by-Step Guide

1. Go to NotebookLM, click "New Notebook", and name it "Goldman Sachs Data Analyst Interview Prep", Then click "Discover Sources" and enter the prompt: "I need sources to prepare for my Data Analyst interview at Goldman Sachs."
2. Click Settings, select the "Custom" style, and configure the following: Style/Voice: "Act as interview prep coach who asks tough questions and gives feedback." Goal: "Help me crack the Data Analyst interview at Goldman Sachs."
3. Ask: "What are the top 5 behavioral questions for this role?", then click "Save to Note". Next, click the three dots (⋮) → "Convert to Source" to add these questions to your source material.
4. Click the pencil icon on "Video Overview", and add this focus: "How to answer behavioral questions for Goldman Sachs Data Analyst interview". Then click Generate to create your personalized prep video.
5. Watch the video multiple times to internalize the answers and delivery style for your upcoming interview.

💡 Pro Tip: Use NotebookLM to compare your answers across different interview scenarios. Identifying recurring themes in your responses helps strengthen your reasoning patterns and enhances your problem-solving approach for future interviews.

📸 AI Generator Images: Games