In a move that signals how anxious aye The capabilities have reached the bedrock of the global financial system, U.S. Treasury Secretary Scott Besant and Federal Reserve Chair Jerome Powell recently called the heads of America’s most systemically important banks to an urgent, short-notice meeting at the Treasury Department on Tuesday.
The agenda was not interest rates or inflation, but a new development in the field of cybersecurity and artificial intelligence that has taken the Internet by storm: anthropic “cloud mythos“.
According to a report published by CNBC, the emergency meeting was called to address the vast cyber risks posed by the model’s unprecedented ability to identify and exploit software vulnerabilities in major operating systems and web services around the world with the press of a few buttons.
Meeting: Major banking giants were present
The meeting was reportedly called when the bank’s CEO was already in Washington for the Financial Services Forum board meeting. According to reports from Bloomberg and the Financial Times, the gathering included:
- Brian Moynihan (Bank of America)
- Jane Fraser (Citigroup)
- David Solomon (Goldman Sachs)
- Ted Pick (Morgan Stanley)
- Charlie Scharf (Wells Fargo)
JPMorgan Chase CEO Jamie Dimon was the only major banking chief unable to attend, according to media reports, although his bank remains a central player in the matter.
In particular, Dimon recently wrote about cybersecurity as a critical area that is going to be impacted by the development of modern AI systems, requiring significant investments in defense.
Mythos: The AI ​​That Surprised the Internet
At the center of all the panic and theoretical cybersecurity storm is the Cloud Mythos Preview, a model Anthropic described as a “general-purpose frontier model” that has not yet been released to the public.
Anthropic, led by Dario Amodei, said the latest model is capable of identifying and exploiting vulnerabilities in “every major operating system and every major web browser.”
In particular, Mythos has demonstrated an autonomous ability to find and exploit ‘zero-day’ vulnerabilities, which are flaws that were previously unknown even to the manufacturers of the software.
Evidence:
- 27-Year-Old Bug: Mythos discovered a high-severity flaw in OpenBSD, a highly secure system that had gone unrecognized for nearly three decades.
- FFmpeg vulnerability: It identified a 16-year-old flaw in the FFmpeg video tool that had survived five million automated human-led tests.
Defensive Wall: Project Glasswing
Following Anthropic’s announcement of Cloud Mythos, Anthropic also launched Project Glasswing, a defensive alliance including Amazon, Apple, Google, Microsoft, NVIDIA, and JPMorgan Chase to better secure key software systems before these capabilities become available to other actors.
Anthropic is putting $100 million in usage credits behind this initiative, allowing these companies to use Mythos to scan and patch their own infrastructure before spreading similar AI capabilities to hackers.
political friction
Notably, this development comes after some political friction between Anthropic and the Trump administration. Earlier this year, Pete Hegseth designated Anthropic as a “national security supply-chain risk” after the company refused to remove security guardrails that prevented the military from using its AI for autonomous weapons or mass surveillance.
A federal appeals court on Wednesday refused to block Anthropic from being placed on the Pentagon’s national security blacklisting for the time being, marking a major victory for the Trump administration. The decision comes after another appeals court reached the opposite conclusion in a separate legal challenge by Anthropic.
