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Capital One has launched VulnHunter, an open-source AI tool designed to identify and fix software vulnerabilities proactively. This agentic AI scans source code using an "attacker-first" approach and a "falsification engine" to minimize false positives, providing targeted code fixes. The move reflects Capital One's commitment to collaborative defense against rising AI threats, especially after its significant 2019 data breach.
Global financial giant JPMorgan Chase is making a significant strategic investment in Seattle, establishing a new AI software infrastructure team. This pivotal group will build an "AI control layer" to manage the bank's AI operations, aiming to control costs, protect intellectual property, and prevent vendor lock-in.
