Jamie Dimon and Dario Amodei shared a stage for the first time. Here’s what they revealed about AI, cyber risk and the future of Wall Street

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Anthropic is dramatically expanding its footprint in financial services, launching a suite of pre-built AI agents for the world’s largest banks and debuting Claude Opus 4.7—its most capable model for financial work yet. The announcements, made Tuesday at the company’s invite-only financial services briefing in New York, cap a 48-hour blitz that signals Anthropic isn’t just selling AI software to banks. It’s building the infrastructure, the deployment mechanism, and relationships in the financial industry to become the operating layer for Wall Street.

The strategy has two tracks: one aimed at the largest institutions, giving them tools to configure and run AI agents themselves; the other aimed at the mid-market, using a new private equity-backed joint venture to embed Claude directly into company operations. Together, they represent perhaps the most aggressive push yet by any AI company to capture financial services end-to-end.

The era of consumer-app land grabs is giving way to something more durable for frontier AI labs: enterprise revenue. For both OpenAI and Anthropic, winning paying clients across industries—banks, law firms, software companies, healthcare systems, government agencies—has become the load-bearing pillar of the business model. Enterprise contracts offer what consumer subscriptions cannot: high-margin, multi-year commitments; deep integration into mission-critical workflows that make switching costs real; and usage volumes that justify...

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