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Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WXLV16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WPEC16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

CNBC Reporter Swaps Microsoft Copilot for Anthropic Claude - News Directory 3

While some users are switching to Claude, Microsoft has simultaneously moved to integrate Anthropic's technology into its own ecosystem. CNBC's Bryn Talkington has transitioned from using Microsoft Copilot to Anthropic's Claude, stating that Copilot feels like Teams. This shift highlights a growing trend of users and fund managers evaluating the user experience and utility of different generative AI assistants as they integrate into professional workflows. The movement toward Claude occurs as fund managers debate the valuation of Microsoft ahead of its April 29, 2026, earnings report, specifically regarding whether Software as a Service (SaaS) repricing makes the company a buy. While some users are switching to Claude, Microsoft has simultaneously moved to integrate Anthropic's technology into its own ecosystem. On September 24, 2025, Microsoft announced it was expanding its collaboration with Anthropic to bring Claude AI models into the Microsoft 365 Copilot assistant for business clients. This integration allows users of the Researcher agent within Copilot to choose between Claude or OpenAI models to respond to their prompts. For these models to be utilized, administrators must first approve their use, and the models operate according to Anthropic's terms and conditions. This move represents a strategic shift toward diversification for Microsoft. The company has historically relied heavily on OpenAI models for its AI features in Windows and Bing, supported by an investment of more than $13 billion in OpenAI. Beyond the Researcher agent, Microsoft has expanded model choices within Copilot Studio. The Claude Sonnet 4 and Claude Opus 4.1 models are available as options in Copilot Studio, which is used to create and customize enterprise-grade agents. These specific Anthropic models are intended to enable the orchestration and management of agents focused on workflow automation, flexible agentic tasks, and deep reasoning. The competition between AI providers is intensifying as models evolve. Anthropic launched Claude Opus 4.5 on November 24, 2025. Meanwhile, OpenAI continues to expand its infrastructure partnerships, disclosing plans to spend $300 billion with Oracle and entering a $10 billion agreement with Broadcom. Nvidia has also entered the fray, announcing an investment of up to $100 billion in OpenAI as part of a joint effort to develop new data centers. The impact of these tools is being felt across various industries, including journalism. On February 5, 2026, Platformer reported on an experiment where a fellow, Ella Markianos, built a Claude-based AI journalism agent named Claudella to test if it could perform entry-level reporting tasks, such as explaining news stories and sharing internet reactions in a Following section. Despite the proficiency of large language models in computer-based tasks, the experiment highlighted the ongoing tension between AI automation and the irreplaceable nature of professional reporting. For Microsoft, Copilot is expected to be the company's largest revenue driver, even as it opens its platform to rival models to maintain its competitive edge in the enterprise market.

Anthropic
News Directory 316d ago
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CNBC Reporter Swaps Microsoft Copilot for Anthropic Claude - News Directory 3

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
KRCR16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Wall Street Banks Try Out Anthropic's Mythos as US Urges Testing

Wall Street banks are starting to test 's Mythos model internally as Trump administration officials encourage them to use it to detect vulnerabilities. While was the only bank named as part of an initiative to test the Mythos model, other major financial institutions have also gained access or expect to in the coming days, according to people familiar with the matter. , , and are among the banks testing the technology internally, the people said. Those firms either declined to comment or ...

Anthropic
news.bloomberglaw.com16d ago
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Wall Street Banks Try Out Anthropic's Mythos as US Urges Testing

Sources: Goldman Sachs, Citigroup, and other banks are testing Anthropic's Mythos model internally; JPMorgan Chase is the only bank named in Project Glasswing

George Pearkes / @peark.es: This is really impressive speed tbh. Not much gets by Powell. [image] "Treasury Secretary Bessent and Federal Reserve Chair Powell summoned Wall Street CEOs to an urgent meeting on concerns that the latest #AI model from Anthropic PBC will usher in an era of greater cyber risk. -- Bessent and Powell assembled the group at Treasury's HQ in Washington on Tuesday to make sure banks are aware of possible future risks..." ...

Anthropic
Techmeme16d ago
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Sources: Goldman Sachs, Citigroup, and other banks are testing Anthropic's Mythos model internally; JPMorgan Chase is the only bank named in Project Glasswing

Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports

April 10 (Reuters) - U.S. Vice President JD Vance and Treasury Secretary Scott Bessent questioned leading tech CEOs about AI model security and how to respond to cyber attacks a week before Anthropic released its new Mythos model, CNBC reported on Friday. Anthropic's Dario Amodei, Alphabet's Sundar Pichai, OpenAI's Sam Altman, ⁠Microsoft's Satya Nadella and the heads of Palo Alto Networks and CrowdStrike were ⁠on the call, according to the report. Anthropic declined to comment, while Alphabet, OpenAI, Microsoft, Palo Alto and CrowdStrike did not immediately respond to Reuters' requests for comment. Earlier this week, Anthropic launched a powerful AI model but held off on releasing it widely over concerns that it could expose hidden cybersecurity vulnerabilities. Only a group of around 40 tech heavyweights, including Microsoft and Google, would have access to Anthropic's "Claude Mythos" model. The startup had said it had been in ongoing discussions with the U.S. government about the model's capabilities. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Leroy Leo)

Anthropic
Yahoo! Finance16d ago
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Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WKEF16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

CoreWeave Secures Multi-Year Deal with Anthropic to Power AI Workloads - Crypto Economy

During Friday's session, CoreWeave announced a multi-year deal with developer Anthropic, through which the latter will utilize its data centers to process workloads for its Claude AI model. Following the news, CoreWeave shares rallied 12%, reaching a value of $102.73, consolidating its position after a recent $8.5 billion funding round led by Meta Platforms. This move signals a growing trend: the migration of computing capacity from cryptocurrency mining toward Artificial Intelligence. While 20% of Bitcoin miners face a lack of profitability due to high energy costs and reduced rewards, companies like CoreWeave -- which pivoted away from the crypto sector in 2019 -- demonstrate that GPU infrastructure is currently more valuable for AI, a market capable of paying higher premiums for electricity. CoreWeave's success sets a precedent in the diversification of technological assets. With BTC stabilizing after the 2025 crash, the next step for data center operators will be to decide between the volatility of blockchain rewards or the stability of predictable cash flows offered by AI on a global scale. Source:https://goo.su/PYCRUk Disclaimer: Crypto Economy Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide quick information on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

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Crypto Economy16d ago
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CoreWeave Secures Multi-Year Deal with Anthropic to Power AI Workloads - Crypto Economy

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
KVII16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WCHS16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WTGS16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs

By Todd Gillespie, Katanga Johnson, Hannah Levitt and Sridhar Natarajan | Bloomberg Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk. Bessent and Powell assembled the group at Treasury's headquarters in Washington on Tuesday to make sure banks are aware of possible future risks raised by Anthropic's Mythos and potential similar models, and are taking precautions to defend their systems, according to people familiar with the matter who asked not to be identified citing the private discussions. Many of the executives were in town already for a meeting of the Financial Services Forum, an advocacy group made up of the biggest lenders. A representative for the Treasury didn't immediately respond to a request for comment. A spokesperson for the Fed declined to comment. The previously unreported meeting, arranged on short notice, is another sign that regulators consider the possibility of a new breed of cyberattacks as one of the biggest risks facing the financial industry. All the banks summoned to the meeting are classified as systemically important by top regulators, meaning their stability is a priority for the global financial system. Powell's participation in the meeting signaled that the concern was one of systemic risk, and not tied to the Trump administration's previous clashes with Anthropic, said some of the people. The Fed, with its network of examiners, is also deeply familiar with banking operations. "We're taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out," National Economic Council Director Kevin Hassett said on Fox News Friday in response to a question about the Fed and Treasury's meeting. "There's definitely a sense of urgency." Other regulators are also taking action. The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Mythos, Bloomberg reported Friday. The Bank of England will meet with top bank and insurance executives to discuss how they're preparing, according to a report from the Telegraph. Anthropic's Mythos is a more powerful system that the AI firm has said is capable of identifying and then exploiting vulnerabilities in every major operating system and web browser when directed by a user to do so. Regulators' caution about the power of the model in hackers' hands echoes Anthropic's own prudence. Anthropic has limited the release of it to just a few major technology and finance firms at first. Those companies, which include Amazon.com Inc. and Apple Inc. as well as JPMorgan Chase & Co., are part of "Project Glasswing," which will work to secure the most important systems before other similar AI models become available. In releasing Mythos to a very limited set of companies, Anthropic pointed to several vulnerabilities that the AI system was capable of both identifying and potentially exploiting during testing. None of the examples related specifically to financial institutions, but in one instance, the firm's security team said it was able to compromise a web browser so that a website set up by a hacker could read data from another website "e.g., the victim's bank."

Anthropic
Whittier Daily News16d ago
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Anthropic model scare sparks urgent Bessent, Powell warning to bank CEOs

AI startups gain ground after Pentagon-Anthropic rift

Startups, including Smack Technologies and EdgeRunner AI, say they have seen a marked change in engagement from the military and investors WASHINGTON D.C: A rift between the Pentagon and its former top artificial intelligence provider, Anthropic, is rapidly reshaping the U.S. military's AI ecosystem, with smaller startups seeing a surge in demand, funding interest, and contract momentum. In recent weeks, defense-focused AI firms say senior military officials and investors have approached them at a pace rarely seen before, as the U.S. Department of Defense moves to reduce reliance on a single vendor. The shift follows the Pentagon's decision in March to classify Anthropic's products as a "supply-chain risk," triggering a breakdown in relations and a broader push to diversify AI suppliers. A judge later temporarily blocked the Pentagon's blacklisting of the company. Startups, including Smack Technologies and EdgeRunner AI, say they have seen a marked change in engagement from the military and investors. "We've seen a massive increase in demand from customers and the government to get AI solutions fielded since Anthropic was declared a supply-chain risk," said Tyler Sweatt, CEO of Second Front, which helps firms operate on secure Pentagon networks. "Our customers are turning to us as the Pentagon turns to them to deploy quickly in the wake of the Anthropic blowup." For smaller firms, access to Pentagon contracts is a major milestone, often unlocking further government work and signaling credibility to commercial clients. Andrew Markoff, co-founder and CEO of Smack Technologies, said his company had been invited to multiple meetings with military officials following the Anthropic fallout, with a focus on accelerating deployment timelines. "We want more, we want demos, let's talk about how we can move faster," he said, describing the Pentagon's outreach. Tyler Saltsman, CEO of EdgeRunner AI, reported a similar experience. His company had been waiting over a year for a Space Force contract to be approved, but it was finalized within weeks of the Anthropic dispute becoming public. "I can't prove that the Anthropic drama sped this up," Saltsman said, "but I have a sneaky suspicion it did." A Pentagon official said the department would continue to deploy advanced AI capabilities through partnerships with multiple industry players. The urgency reflects a broader reassessment within the Defense Department. A Pentagon technologist previously told Reuters that the fallout with Anthropic highlighted the risks of overdependence on a single AI provider and underscored the need for a more diversified supplier base. The impact is already visible in specific programs. Smack Technologies secured a Marine Corps contract in March 2025 and delivered a prototype by October that compresses operational planning from months to about 15 minutes. Despite initial delays, progress has accelerated sharply since the Anthropic controversy. Markoff said there was "very specific guidance and movement and energy" to push the system into production for combat use in 2026, more than a year ahead of earlier expectations. The company has also seen increased interest from other branches, including the Navy, Air Force, and U.S. Special Operations Command. EdgeRunner AI said engagement from the Navy has intensified, with meetings now taking place several times a week instead of monthly. Both companies are now working to meet higher security classification standards required for sensitive military applications. EdgeRunner said it had been told it could achieve IL-6 clearance, allowing access to secret and top-secret data, within three months, a process that typically takes 18 months or longer. Saltsman said the acceleration reflects both pressure from Pentagon leadership to streamline procurement and the urgency created by the Anthropic situation.

Anthropic
Northern Ireland News16d ago
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AI startups gain ground after Pentagon-Anthropic rift

Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it

There’s been a debate in certain nerdier circles of the tech industry about comparing the revenues of Anthropic and OpenAI and I have at least part of the answer. But first, a word of warning. I’ve been covering the industry long enough that the pattern is clear: The numbers you see leaking in the press hardly ever match up when companies actually go public and have to adhere to regulatory and public investor scrutiny. As The Information wrote in March, the companies report revenue differently when they sell their tokens through cloud partners like AWS, Google and Microsoft. For instance, when a customer purchases $1 worth of tokens through a cloud partner, OpenAI counts its 20-cent cut as revenue, according to people familiar with the matter. By contrast, Anthropic counts the whole $1 as revenue, these people say. The percentages that OpenAI and Anthropic get from partnerships vary, making it difficult to figure out how to normalize the revenue numbers across both companies. But the different accounting tactics translate into a discrepancy of up to $8 billion in annualized revenue, according to a person familiar with the numbers. That’s based on how much OpenAI would add to its run rate if it counted gross revenue instead of net revenue. Anthropic is still gaining on OpenAI’s revenue, but the blurry projections suggest it hasn’t quite eclipsed the ChatGPT maker.

Anthropic
semafor.com16d ago
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Exclusive: Anthropic is gaining on OpenAI’s revenue, but hasn’t yet eclipsed it

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WRGB16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Bank of Canada meets major lenders on Anthropic AI cyber threats - Bloomberg By Investing.com

Investing.com - The Bank of Canada and the country's major banks and financial firms met Friday to discuss cybersecurity risks raised by Anthropic PBC's latest artificial intelligence model, Bloomberg reported. The gathering followed a similar move by US policymakers earlier in the week. Bloomberg News reported Thursday that US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders for an urgent discussion about Anthropic's Mythos and similar AI models. The Canadian meeting involved members of a body known as the Canadian Financial Sector Resiliency Group. It includes representatives from the six largest domestic banks, the federal Finance department, financial regulatory agencies, the parent company of the Toronto Stock Exchange and other firms. A spokesperson for Finance Minister François-Philippe Champagne confirmed the meeting took place on Friday. The meeting signals growing concern among regulators globally that more powerful AI models will lead to a new breed of cyber attacks against the financial industry. The discussions centered on Anthropic's Mythos model and the potential security vulnerabilities it presents to financial institutions. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Investing.com UK16d ago
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Bank of Canada meets major lenders on Anthropic AI cyber threats - Bloomberg By Investing.com

Bessent, Powell warn banks about new Anthropic model's cyber risks

HUNT VALLEY, Md. (TNND) -- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly warned some of the biggest banks this week about cyber risks posed by the AI company Anthropic. The officials met with the chief executives of Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley in Washington on Tuesday, according to multiple outlets. JPMorgan Chase CEO Jamie Dimon was reportedly unable to join. Anthropic launched its Claude Mythos Preview model to select companies the same day. The program, which can perform cybersecurity tasks, poses risks that Anthropic has acknowledged. The National News Desk requested comment from Anthropic, each of the meeting's reported participants and JPMorgan Chase. The Federal Reserve, Citigroup, Wells Fargo and Goldman Sachs did not comment on the report when reached. A spokesman for the Treasury said Bessent convened the meeting to begin forming an approach to the "rapid" developments of AI. The attendees were already in Washington for previously scheduled events, the representative added. "President Trump and the Administration are continuing to engage on AI security in a thoughtful manner," the spokesman said.

Anthropic
WGXA16d ago
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Bessent, Powell warn banks about new Anthropic model's cyber risks

Is Europe Weeks From Jet Fuel Shortage and Supply Chaos?

Is Europe weeks away from jet fuel shortages - and what can aviation supply chain leaders do now to secure fuel, protect routes and minimise disruption? Europe's looming jet fuel crunch is a stress test for aviation's entire supply chain, from Gulf refineries and tankers, through European terminals and pipelines, to regional airports and summer holiday routes. With around half of Europe's jet fuel imports sourced from the Persian Gulf and the Strait of Hormuz effectively shut, the sector has just weeks to adapt its networks before systemic shortages hit. Around 40-50% of Europe's jet imports normally transit the Strait of Hormuz, meaning the closure instantly removes a critical artery in the global aviation fuel supply chain. With no Europe‑bound jet cargoes passing the Strait since the conflict began, traders are drawing down stocks and scrambling to re‑route flows from other regions. The result is a record European jet price - about 120% above pre‑war levels - that signals genuine physical tightness, not just market speculation.

CHAOS
supplychaindigital.com16d ago
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Is Europe Weeks From Jet Fuel Shortage and Supply Chaos?

Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports

April 10 : U.S. Vice President JD Vance and Treasury Secretary Scott Bessent questioned leading tech CEOs about AI model security and how to respond to cyber attacks a week before Anthropic released its new Mythos model, CNBC reported on Friday. Anthropic's Dario Amodei, Alphabet's Sundar Pichai, OpenAI's Sam Altman, Microsoft's Satya Nadella and the heads of Palo Alto Networks and CrowdStrike were on the call, according to the report. Anthropic declined to comment, while Alphabet, OpenAI, Microsoft, Palo Alto and CrowdStrike did not immediately respond to Reuters' requests for comment. Earlier this week, Anthropic launched a powerful AI model but held off on releasing it widely over concerns that it could expose hidden cybersecurity vulnerabilities. Only a group of around 40 tech heavyweights, including Microsoft and Google, would have access to Anthropic's "Claude Mythos" model. The startup had said it had been in ongoing discussions with the U.S. government about the model's capabilities.

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CNA16d ago
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Vance, Bessent questioned tech giants on AI security before Anthropic's Mythos release, CNBC reports
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