Bank of America hires 1,000 external contractors to address AI vulnerabilities
BAC Bank Of America Corp
$51.39 -4.76%
View chart & analysis → - 1Bank of America hired 1,000 external contractors in the second quarter to resolve software vulnerabilities revealed by AI models such as Anthropic's Mythos.
- 2Bank of America spent more than $200 million in the third quarter on software remediation and regulatory issues.
- 3Bank of America's expected $300 million in savings through AI this year is projected to increase by 2027.
So what's the key point?
Bank of America hired 1,000 external workers to solve artificial intelligence security issues. The company spent over $200 million on software remediation and regulatory matters.
Source CNBC · View original ↗
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