Treasury and Wall Street Banks Race to Get Their Hands on Mythos
What Happened
Treasury CIO Sam Corcos is seeking access to Anthropic's Mythos to hunt for vulnerabilities in government systems. Goldman Sachs CEO David Solomon addressed Mythos at Monday's earnings call, confirming the bank is testing the model and working with Anthropic on cyber defense. Treasury Secretary Bessent and Fed Chair Powell summoned CEOs from JPMorgan, Goldman, Citigroup, Bank of America, and Morgan Stanley to discuss Mythos-related cyber risk last week.
My Take
When bank CEOs start discussing an AI model by name during earnings calls, that model has crossed from technology into finance's risk lexicon. The urgency is genuine — Goldman and the Treasury both want Mythos on their side before adversaries figure out equivalent capabilities. The Fed summoning bank CEOs for a briefing is the most telling signal. Regulators believe AI-powered cyber threats could become systemic financial risk, not just an IT problem. Mandatory AI-threat stress tests for large banks are coming within 18 months.
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