Forbes examines how AI is increasingly managing global financial flows and transactions, raising mounting concerns among financial regulators worldwide.

Senator Elizabeth Warren warns that AI companies' massive debt loads and slow revenue growth could trigger a financial crisis if AI fails to deliver.

Prestigious law firm Sullivan & Cromwell apologized after a court filing was found to contain AI-generated hallucinations, highlighting legal AI risks.

A federal judge's ruling that AI chats cannot be shielded by attorney-client privilege has prompted urgent warnings from US lawyers to their clients.

AI's rapid advancement is raising risks of large-scale attacks on financial infrastructure and targeted fraud that can drain individual bank accounts.

Employees running powerful AI models locally on laptops without API calls or oversight are creating a new wave of 'Shadow AI' security challenges for enterprises.

US Treasury Secretary Scott Bessent and Fed Chair Jerome Powell held an urgent meeting with Wall Street bank CEOs to warn of cybersecurity risks posed by Anthropic's Mythos AI model.

A new study finds AI's offensive cyber capability has been doubling every 5.7 months since 2024, raising urgent concerns about AI-enabled cyberattacks.