Menghan Xiao

By In April, Anthropic set off alarm bells in the financial sector when it unveiled Mythos, an artificial intelligence model with cyber capabilities powerful enough to restrict its wide release. The model has found tens of thousands of vulnerabilities across corporate software, including major operating systems and web browsers. It has raised fears across the banking sector that generative AI (GenAI)

The Commodity Futures Trading Commission may write new rules to govern the use of artificial intelligence as the technology moves into higher-risk deployments such as trading and financial advice, CFTC chairman Michael Selig has indicated. Selig said his agency is already meeting with firms looking to embed AI models into trading advisory software and exchange functionality, expecting a wave of tools that let people develop trading strategies and seek financial advice through chat interfaces. “We

By The Commodity Futures Trading Commission may write new rules to govern the use of artificial intelligence as the technology moves into higher-risk deployments such as trading and financial advice, CFTC chairman Michael Selig has indicated. Selig said his agency is already meeting with firms looking to embed AI models into trading advisory software and exchange functionality, expecting a wave of