Updated
Updated · Bloomberg · May 29
Bailey Says UK Banks Remain Shut Out of Anthropic's Mythos AI Tool
Updated
Updated · Bloomberg · May 29

Bailey Says UK Banks Remain Shut Out of Anthropic's Mythos AI Tool

3 articles · Updated · Bloomberg · May 29
  • British banks still cannot access Anthropic PBC's Mythos, Bank of England Governor Andrew Bailey said in a Bloomberg Television interview on Friday.
  • Bailey said access matters because regulators are concerned about AI-related risks and need banks to understand and test the technology's cybersecurity implications.
  • UK lenders are instead using other AI models to probe their cyberdefenses while waiting for Mythos access.
  • Bailey also called for a multinational approach to countering cyber threats, signaling that oversight of advanced AI tools will require cross-border coordination.
Why can US banks test a potent cyber-risk AI while their British counterparts are left vulnerable and excluded?
If an AI is too dangerous to release, how can banks defend against it without access, creating a security paradox?