Bank of America CEO joins ranks of bank executives warning of 'Mythos' AI risks On July 16th, Brian Moynihan, CEO of Bank of America, joined a group of Wall Street leaders in expressing agreement with the serious concerns raised by artificial intelligence models such as "Mythos" developed by Anthropic. This marks a significant change in workload, as well as the speed at which these tools affect system vulnerabilities and how quickly we must respond, "Moynihan said. In recent months, the rapid evolution of artificial intelligence models has prompted the financial industry and the US government to assess potential threats. Anthropic claims that the Mythos model, launched earlier this year, has performed well in discovering system vulnerabilities. Bank of America is one of the Wall Street institutions authorized to use Mythos, which it uses to test its own systems and share information with peers. At present, the model has not been made available to the public; JPMorgan CEO Jamie Damon warned earlier this week that opening up the system to the public is as dangerous as handing ballistic missiles over to individuals.