JPMorgan Chase hires 1,000 contractors to fix software vulnerabilities found by AI models like Mythos
JPMorgan Chase CEO Jamie Dimon revealed that the bank has hired 1,000 external contractors in the second quarter to collaborate with 3,000 internal employees on fixing software vulnerabilities discovered by cutting-edge AI models like Anthropic's Mythos. Related spending for the third quarter has reached hundreds of millions of dollars, with 130 internal AI projects expected to deliver $700 million in cost savings next year.
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