Anthropic Mythos: Trump Backs AI ‘Kill Switch’ as Crypto Firms Seek Access To AI Model

U.S. President Donald Trump has commented on the need for AI safeguards amid talks about the risk that Anthropic Mythos poses to the financial system. In a bid to get ahead of this cybersecurity threat, crypto firms are reportedly seeking access to this new AI model to improve their security systems.

President Trump Backs AI Safeguards Amid Anthropic Mythos Threat

In an interview on FOX Business, Trump agreed that the government should have some safeguards on AI technology, possibly in the form of a kill switch. However, while he acknowledged the risks, he also expressed his belief that AI could make the financial system better and safer.

On whether AI technology could undermine confidence in the banking system, he stated that this could probably happen. On the other hand, “it could also be the kind of technology that allows greatness in the banking ​system, makes it better and safer and ​more secure,” he said. Trump’s comments follow the release of the Anthropic Mythos AI model.

As CoinGape reported, the U.S. government and Wall Street had raised an alert over the new AI model, warning about the cybersecurity risks that the AI model poses. Regulators like the Federal Reserve have also warned banks to prepare for a new category of cyber threats posed by advanced AI systems, such as Mythos.

Speaking at the Semafor World Economy Summit earlier this week, Anthropic’s co-founder confirmed that they had briefed the Trump administration about the Mythos model. In a research report, the AI firm’s security team noted that the AI model could identify and exploit zero-day vulnerabilities “in every major operating system and every major web browser when directed by a user to do so.”

Crypto Firms Seek Access To AI Model

According to a report by The Information, top crypto exchanges such as Coinbase and Binance are seeking access to the Anthropic Mythos AI model. At the same time, these firms are seeking other ways to improve their security systems, given the cybersecurity threats these newer AI models pose.

Coinbase’s Chief Security Officer (CSO), Philip Martin, confirmed to The Information that they are in close communication with Anthropic regarding its new AI model. “This will accelerate digital threats as well as defense,” he noted in reference to the AI model.

These crypto firms join a host of organizations seeking to gain access to the Anthropic Mythos AI model. Meanwhile, Bloomberg reported that Wall Street banks such as JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Morgan Stanley have gained access to the model and have begun testing it internally. Anthropic notably introduced the Project Glasswing initiative under which a limited number of organizations are testing the AI model.