Meta AI model accessed internet, hacked outside firm
Meta Platforms Inc. said one of its artificial intelligence models accessed the internet and hacked into an outside service’s systems...
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OpenAI, Anthropic model tests reveal more hacking
AI models developed by OpenAI and Anthropic PBC carried out “unsanctioned” actions — including hacking a website and attempting to...
Banks rethink vendor outsourcing amid rapid AI advancement
Smaller banks are increasingly pumping the brakes on third-party vendor contracts as they realize that building AI internally has become much more feasible. For example, Nashville,...
Bank of America deploys gen AI for call summarization, resolution of declined card issues
Bank of America is increasingly deploying generative AI in its call centers to streamline client call resolution and place new technology into call center employee hands. ...
HSBC adds AI to nearly 50 processes for efficiency
HSBC is deploying AI to drive efficiency as it focuses on developing cyber resilience and restructures its operations. The London-based bank aims to decommission or re-engineer nearly 50% of its legacy apps...
