Federal Reserve Chair Jerome Powell and Treasury Secretary Ken Bessent issued an urgent warning to major bank CEOs this week, cautioning that AI models like Anthropic's Mythos could trigger severe market instability—including potential 10% corrections—if deployed against critical financial infrastructure. In a closed-door meeting at Treasury headquarters, regulators and executives from Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs discussed preemptive measures to lock down systems before advanced AI tools are weaponized. The crypto community reacted swiftly, with BitMEX co-founder Arthur Hayes mocking the gathering on social media as he highlighted ongoing USD liquidity concerns.

Moving on, Scott and Powell reportedly wanted the banks to understand the possible danger tied to Anthropic’s Mythos and to similar models that may come after it. They also wanted the companies to take steps now to protect their systems, because it seems that’s what matters most, and not the general public.

Earlier, Cryptopolitan reported that Anthropic has said Mythos can find weak points in every major operating system and web browser and then use those weak points when a user tells it to do so.

Anthropic chases more chips while OpenAI readies a cyber product for select partners

Meanwhile, Reuters reported earlier that Anthropic is looking at whether it should design its own chips. Three sources said the company is exploring that option as AI companies deal with a shortage of the chips needed to train and run more advanced models.

Those plans are still early. Two people with knowledge of the matter and one person briefed on Anthropic’s plans said the company could still decide not to build its own chips at all and just keep buying them.

The backdrop is a surge in demand for Claude. Anthropic said earlier this week that its run-rate revenue is now above $30 billion in 2026, up from about $9 billion at the end of 2025.

To build and run Claude, Anthropic uses several kinds of chips, including TPUs made by Google and chips from Amazon.

Earlier this week, Anthropic also signed a long-term deal with Google and Broadcom, which helps design those TPUs. That deal adds to the company’s commitment to spend $50 billion on stronger U.S. computing infrastructure.

Anthropic’s rivals, Meta and OpenAI, are both pursuing their own chip efforts as well. Industry sources said building an advanced AI chip can cost around $500 million because companies need top engineers and heavy spending to reduce manufacturing defects.

At the same time, OpenAI is working on its own cyber product. A source familiar told Axios that OpenAI is finishing a product with advanced cybersecurity features and plans to release it to a small group of partners. Back in February, after launching GPT-5.3-Codex, OpenAI introduced its Trusted Access for Cyber pilot. The company said in a blog post that groups in the invite-only program would get access to “even more cyber capable or permissive models to accelerate legitimate defensive work.” At that time, OpenAI also set aside $10 million in API credits for participants.

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