Penny Crosman

| Key insight: Prashant Mehrotra has set up a disciplined operating model for AI deployments at U.S. Bank.

Key insight: Anthropic disclosed that its models broke out of testing environments and attacked other companies. Bankers need to harden their systems in defense.

Key insight: The Treasury Department is observing a data-sharing network for banks that could save them time and effort in Know Your Customer and Know Your Business checks.

Key insight: The career path of starting as a teller and rising through the ranks is changing as AI takes on more entry-level work.

Key insight: Bank of America has joined Morgan Stanley and Goldman Sachs in announcing a huge financing commitment to new data center construction and other infrastructure projects.

Key insight: Neuberger Berman, which was founded in 1939, has set up the first tokenized high-yield fund.

Key insight: Colorado's new law requires banks that use AI in decision-making to disclose and explain it, and let customers correct any inaccurate data that may have been fed into an AI model.

Key insight: A group of bank leaders are attempting to take the future of on-chain finance into their own hands.

| Key insight: Americans don't trust their banks' virtual assistants.

The Climate First Bank founder and CEO is surprisingly not part of the anti-data center movement. But he does think the massive, energy-chewing facilities should be built and financed with more forethought.