Davis Polk partner Joe Hall authored “Hugging Face attack is a warning to the securities markets” in Law360. In the article, Joe describes how the Hugging Face incident, where AI agents coordinated to attack AI startup Hugging Face, is illustrative of his argument that the U.S. needs to rethink how it regulates securities with the introduction of agentic AI. 

Joe concludes the piece, saying, “The first significant agentic AI incident did not happen in the securities market. This warning arrived ahead of an event with real losses. We should not need a flash crash or a failed financial institution to hear it.”

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