In Brief

Posted:

2:14 PM PDT · April 12, 2026

Image Credits:Jagmeet Singh / TechCrunch

- Anthony Ha

Trump officials may be encouraging banks to test Anthropic’s Mythos model

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned bank executives for a meeting this week where they encouraged the executives to use Anthropic’s new Mythos model to detect vulnerabilities, according to Bloomberg.

Indeed, while JPMorgan Chase was the only bank listed as one of the initial partner organizations with access to the model, Goldman Sachs, Citigroup, Bank of America, and Morgan Stanley are reportedly testing Mythos as well.

Anthropic announced the model this week but said it would be limiting access for now, in part because Mythos — despite not being trained specifically for cybersecurity — is too good at finding security vulnerabilities. (Others suggested this was hype or simply a smart enterprise sales strategy.)

The report is particularly surprising since Anthropic is currently battling the Trump administration in court over the Department of Defense’s designation of Anthropic as a supply-chain risk; that designation came after negotiations fell apart over the company’s efforts to limit how its AI models can be used by the government.

Meanwhile, the Financial Times reports that U.K. financial regulators are also discussing the risk posed by Mythos.

Topics

AI, Anthropic, Government & Policy, jerome powell, Scott Bessent

April 30

San Francisco, CA

StrictlyVC kicks off the year in SF. Get in the room for unfiltered fireside chats with industry leaders, insider VC insights, and high-value connections that actually move the needle. Tickets are limited.

Newsletters

Subscribe for the industry’s biggest tech news

TechCrunch Daily News

Every weekday and Sunday, you can get the best of TechCrunch’s coverage.

TechCrunch Mobility

TechCrunch Mobility is your destination for transportation news and insight.

Startups Weekly

Startups are the core of TechCrunch, so get our best coverage delivered weekly.

StrictlyVC

Provides movers and shakers with the info they need to start their day.

No newsletters selected.

By submitting your email, you agree to our Terms and Privacy Notice.

At the HumanX conference, everyone was talking about Claude

- Lucas Ropek

9 hours ago

Sam Altman responds to ‘incendiary’ New Yorker article after attack on his home

- Anthony Ha

1 day ago

Latest in AI

In Brief

Trump officials may be encouraging banks to test Anthropic’s Mythos model

- Anthony Ha

2 hours ago

In Brief

Apple reportedly testing four designs for upcoming smart glasses

- Anthony Ha

4 hours ago

From LLMs to hallucinations, here’s a simple guide to common AI terms

- Natasha Lomas

- Romain Dillet

- Kyle Wiggers

- Lucas Ropek

9 hours ago