Bank of America added 1,000 contractors to patch flaws exposed by Anthropic's Mythos
CEO Brian Moynihan told CNBC the bank put on 1,000 contractors in Q2, on top of 3,000 staff, to patch its own and vendor code. Patching plus anti-money laundering work cost a "couple hundred million plus" in Q3.
Why it matters: One of the first big firms to put people and dollars on defending against AI-found flaws. Moynihan says its 130 AI projects should save $700 million in 2027.