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Bank of America Deploys 4,000 Workers to Patch Vulnerabilities Found by Frontier AI
Bank of America Deploys 4,000 Workers to Patch Vulnerabilities Found by Frontier AI
October 15, 2026  |  Cybersecurity

Bank of America deployed 1,000 contractors and 3,000 employees to fix software flaws discovered by Anthropic’s Mythos and other frontier artificial intelligence models, CEO Brian...

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AI Startup Cohere Moves to Acquire Cybersecurity Firm AISLE
AI Startup Cohere Moves to Acquire Cybersecurity Firm AISLE
October 15, 2026  |  Artificial Intelligence

AI startup Cohere says it plans to acquire AISLE, a company developing autonomous systems to find and repair vulnerabilities in critical software. The deal is happening at a...

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FSB Says Banks Need to Have Company-Wide AI Regulation
FSB Says Banks Need to Have Company-Wide AI Regulation
October 15, 2026  |  Artificial Intelligence

A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct....

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Tungsten Debuts Pay+ Payment Orchestration Solution
Tungsten Debuts Pay+ Payment Orchestration Solution
October 15, 2026  |  B2B Payments

Tungsten Automation has added a new intelligent payment orchestration solution to its invoice-to-pay (I2P) platform. The Pay+ solution, announced by the document/workflow automation company Thursday (Oct....

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Anthropic Quarterly Revenue Jumps 45% Before Planned IPO
Anthropic Quarterly Revenue Jumps 45% Before Planned IPO
October 15, 2026  |  IPO

Anthropic has reportedly told investors that its third-quarter revenue had jumped to $16.8 billion as it prepares to go public. That figure is up from...

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Mastercard and BVNK Unite Fiat and Stablecoins in Global Money Platform
Mastercard and BVNK Unite Fiat and Stablecoins in Global Money Platform
October 15, 2026  |  Partnerships

Mastercard and stablecoin-powered financial stack BVNK have launched a platform that brings together fiat and stablecoin capabilities to make it easier to move and manage...

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Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
October 14, 2026  |  Investments

Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in...

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Law Firm Freshfields Weighs Billion-Dollar Spinoff for AI Unit
Law Firm Freshfields Weighs Billion-Dollar Spinoff for AI Unit
October 14, 2026  |  Artificial Intelligence

Senior partners at global law firm Freshfields have discussed making its in-house legal technology unit, Freshfields Lab, a separate company that could be opened to...

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OpenAI Expands Uday Ruddarraju’s Role to Head Compute and Infrastructure Units
OpenAI Expands Uday Ruddarraju’s Role to Head Compute and Infrastructure Units
October 14, 2026  |  Artificial Intelligence

OpenAI’s infrastructure and compute businesses have a new leader, Bloomberg reported Wednesday (Oct. 14). The artificial intelligence company appointed its chief technology officer for compute,...

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