Bessent and Powell Summon Bank CEOs to Urgent Meeting Over Anthropic Mythos AI Cyber Risks
Treasury Secretary Scott Bessent and Fed Chair Jerome Powell held an urgent meeting with top bank CEOs, warning of unprecedented cyber threats from Anthropic's new Claude Mythos model, which can rapidly uncover and exploit severe vulnerabilities in critical software. The model is being limited to select users amid fears it could destabilize financial systems if misused. This marks a pivotal moment where regulators treat frontier AI as a systemic risk.
Regulators signaling AI models as financial stability threats could usher in strict oversight, reshaping the industry's growth trajectory.