Treasury, Fed Meet with Bank CEOs Over Anthropic AI Risks

Treasury, Fed Meet with Bank CEOs Over Anthropic AI Risks

Source: Fox News

Summary

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell met with Wall Street bank heads to discuss cybersecurity threats posed by AI giant Anthropic’s new model, Claude Mythos Preview. The meeting was held at the Treasury’s D.C. headquarters and included CEOs from Goldman Sachs, Citigroup, Morgan Stanley, Bank of America, and Wells Fargo. Anthropic’s model has raised concerns due to its ability to autonomously identify and exploit software weaknesses, potentially making cyberattacks more frequent and destructive.


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As expected, the matter has reached another stage.

The Treasury Secretary and Federal Reserve Chair convened a meeting with Wall Street bank heads to discuss the potential risks of Anthropic’s new AI model. The attendees included CEOs from major banks, who were warned about the potential cybersecurity threats. Anthropic’s model has been touted as a “frontier model” that can outperform humans in finding and exploiting software vulnerabilities. The company has briefed senior U.S. government officials about the model, but the partnership between Anthropic and the U.S. military has been strained due to disagreements over the use of its technology. The Treasury’s meeting with the banks marks another step in the ongoing saga surrounding Anthropic’s AI model.

It’s interesting to note that the meeting was held in a hurry, with some attendees unable to attend, and the Treasury and Federal Reserve Board did not immediately return requests for comment.


Author: Evan Null