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JPMorgan Chase plans to roll out AI agents capable of operating autonomously for one to two hours later this year, as the bank’s chief analytics officer says the technology has moved from single-task tools to multi-step workflow managers.
The European Union is intensifying discussions with Anthropic and U.S. officials over access to advanced AI models, including the company’s cybersecurity-focused Mythos system.
BNP Paribas says it is strengthening cybersecurity defenses as increasingly powerful AI systems accelerate the discovery of software vulnerabilities across the financial sector.
Major U.S. banks are rapidly patching software vulnerabilities uncovered by Anthropic’s Mythos AI model as concerns grow over AI-driven cybersecurity risks. The system is reportedly identifying weaknesses and attack chains at speeds beyond traditional security workflows.
AI coverage of finance and banking, tracking deployments, deals, and policy shaping fraud detection, risk management, and operations across banks, fintechs, and markets.
European banks could eliminate more than 200,000 jobs by 2030 as artificial intelligence reshapes operations and accelerates branch closures. Back-office, risk, and compliance roles are expected to be most affected.
OpenAI has released GPT-5.2, a new model series designed to improve professional knowledge work with major gains in reasoning, coding, long-context analysis, and vision. The update brings enhanced performance to ChatGPT and the API across Instant, Thinking, and Pro variants.