Bank of America Recruits 1,000 Outsourced Workers to Address Software Flaws Identified by AI Systems like Mythos
2 day ago / Read about 0 minute
Author:小编   

Brian Moynihan, the Chief Executive Officer of Bank of America, revealed that during the second quarter, the bank brought on board 1,000 outsourced workers. These workers joined forces with 3,000 in-house staff to rectify software vulnerabilities pinpointed by state-of-the-art AI systems, including Anthropic Mythos. In the third quarter, the bank's spending on remedying software vulnerabilities and ensuring compliance with anti-money laundering regulations surpassed hundreds of millions of dollars. Concurrently, the cost reductions anticipated from roughly 130 internal AI initiatives at the bank are projected to surge from $300 million this year to $700 million in the upcoming year.