AICNBC Techabout 1 hour ago
Bank of America Hires 1,000 Contractors for AI Patch
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Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos AI model. CEO Brian Moynihan stated the bank spent a couple hundred million plus on remediation in the third quarter. While internal AI projects are expected to save $700 million by 2027, the bank also cut roughly 5% of managers, totaling about 3,400 employees.
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