Bank of England head warns AI threatens financial stability — cites investment concentration and AI model security risks

A toy robot with the word "Thanks" written on paper standing in front of basket of money.

• Bailey warns that AI models are getting better at exploiting vulnerabilities
• Concentrated and intertwined investments could lead to a correction
• Not all countries and entities are as well equipped as each other

Bank of England Governor Andrew Bailey has warned that frontier models are becoming a bigger risk to financial stability.