FINMA Flags Anthropic Mythos AI Systemic Risk

FINMA warned that banks' rapid access to Anthropic's Mythos AI could create a systemic risk for Switzerland's financial system.
Anthropic says Mythos is too powerful for public release, limiting it to a few carefully chosen parties to prevent misuse.
Bundesbank President Joachim Nagel urged preventing misuse while ensuring access to avoid competitive distortions across European financial markets.
FINMA is coordinating with the Federal Office for Cybersecurity, banks, critical service providers, and international authorities on AI risk management.