The Federal Reserve was locked out of a powerful new AI security tool called Claude Mythos Preview for at least three months—ironically, while warning banks about AI-driven cyber risks. As other financial institutions raced to patch vulnerabilities the tool could uncover, the Fed couldn’t even audit its own systems. Anthropic’s AI, designed to spot software flaws, highlights a troubling gap: the nation’s top financial watchdog is playing catch-up on the very tech it’s meant to oversee. Fed Chair Kevin Warsh admits they’re still working to gain access, underscoring the urgency as global AI competition heats up and the U.S. risks falling behind if internal delays continue.
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