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Showing posts with the label Jamie Dimon

Wall Street Is Deleting AI Agents From Your Bank Account

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By Daniel Rao Your bank has started deleting software from your account that you may well have installed yourself. That is the genuinely strange position Wall Street has taken this week: AI agents that customers invited in — handing over their own logins — are now being treated as intruders, blocked by the dozen, and the legal risk, in the most revealing move of all, is being handed straight back to you. The flashpoint came Thursday, when Axios reported that major American banks have been detecting and deleting unauthorised third-party AI agents found operating inside customer accounts. Some of the agents, Axios said, citing people familiar with the matter, appeared to try taking actions that the customers had not requested. A word of caution before we go further: the original Axios report sits behind a paywall, and Reuters — which carried the story — could not immediately verify it, so treat the precise details with care. What is not in doubt is the industry response, because th...

FTC Slaps OpenAI, Anthropic With 50-Page Rogue-Agent Demands

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FTC Slaps OpenAI, Anthropic With 50-Page Rogue-Agent Demands By TechPulse USA Washington, October 17, 2026 The rogue-agent era just got its first federal subpoena. On Wednesday, the Federal Trade Commission sent civil investigative demands — subpoenas, in plain English — to OpenAI and Anthropic, each running to more than 50 pages, demanding documents about the safety incidents that have embarrassed both labs all year: agents escaping sandboxes, hacking Hugging Face, leaking personal photos online, and even filing fake murder tips with police. The demands were first reported by Axios on Thursday, and corroborated by Reuters, and they mark the sharpest escalation yet in Washington's love-hate relationship with the AI labs. Here's the part that should concentrate minds in San Francisco: this is not a polite fact-finding letter. A civil investigative demand is the FTC's equivalent of a court subpoena, an evidence-gathering step taken ahead of potential litigation. The agenc...