Bank of America hired 1,000 contractors to help fix software flaws uncovered by advanced AI. The work added hundreds of millions of dollars to costs, but the bank expects those expenses to fall. Meanwhile, its AI projects could save $700 million in 2027.
ORIGINAL LINK: https://www.cnbc.com/amp/2026/10/14/anthropic-mythos-bank-of-america-hiring-cost.html