Good morning & happy Monday! Today, we're diving into Bank of America hiring 1,000 contractors to patch the flaws Anthropic's Mythos found - the first real numbers on what defending against AI costs a bank (why those contractors don't show up in BofA's falling headcount, why the 'couple hundred million plus' Q3 bill is blended with AML fixes, and what's worth watching next + bonus deep dive into a16z's State of Markets 2026: The AI Playbook for Founders and Investors, and The Agentic Transition Playbook inside), breaking down OpenAI UK's 2025 accounts to see what they tell us about the real price of frontier AI talent (why London's '20.3M 'profit' is a fee the US parent sets, why UK's turnover now moves with OpenAI's valuation, & what to watch next + bonus deep dives into OpenAI and The Top 10 Stocks Positioned to Benefit Most from Anthropic IPO inside), and exploring why Citibank is now following JPMorgan in blocking AI agents from customer accounts (what the banks are really...
learn more
