The German banking sector does not view Anthropic’s new AI model, Mythos, as an existential threat, despite concerns about its cyber capabilities. This was stated by Deutsche Bank CEO Christian Sewing in an interview with Bloomberg.
“This is certainly not a cause for panic or alarm on our part. But it is definitely something we must consider in our daily risk management,” said Sewing, who also serves as the chairman of the Association of German Banks.
According to him, the organization has established a task force to provide information and recommendations primarily to smaller financial institutions. Sewing emphasized that in recent years, European banks have done “tremendous work” to improve their own cybersecurity.
What Happened
In early April, Anthropic developed the new Claude Mythos model but declined to release it publicly, citing high security risks. Instead of a public release, the company launched Project Glasswing—an initiative involving Amazon, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorgan Chase, Linux Foundation, Microsoft, Nvidia, and Palo Alto Networks to test the tool in secure conditions.
“AI models have reached a level of programming skills that allow them to surpass all but the most skilled humans in finding and exploiting software vulnerabilities,” stated Anthropic.
The skills demonstrated by Mythos in tests raised concerns among regulators worldwide. In the UK and Canada, central banks held meetings with representatives from relevant agencies and major businesses. U.S. Treasury Secretary Scott Bessent and Federal Reserve Chairman Jerome Powell convened an emergency meeting with Wall Street leaders.
Financial companies in other parts of the world are also urging Anthropic to allow them to test Mythos within their own systems.
“Naturally, everyone is trying to gain access, but I find it entirely appropriate that it remains limited for now. This ensures that we do not inadvertently fall into a situation of overgeneralization, which could potentially exacerbate the problem,” Sewing believes.
Anthropic and the U.S. Administration
On February 27, U.S. President Donald Trump ordered all federal agencies to completely cease using technologies from the AI startup Anthropic within six months.
“We don’t need it, we don’t want it, and we will no longer do business with them!” declared the head of state.
Back in January, the WSJ reported on the risk of the Department of Defense contract with Anthropic being terminated in July 2025. Disagreements arose due to the startup’s strict ethical policy. The rules prohibit using the Claude model for mass surveillance and autonomous lethal operations.
Officials’ dissatisfaction intensified amid the integration of the Grok chatbot into the Pentagon network. Anthropic’s attempt to adjust its own AI safety rules to meet military requirements did not help.
However, following the Mythos situation in April, the Trump administration and Anthropic CEO Dario Amodei discussed the possibility of further collaboration. According to Reuters, the meeting was attended by White House Chief of Staff Susie Wiles and Treasury Secretary Bessent.
“We discussed opportunities for cooperation, as well as common approaches and protocols to address issues related to scaling this technology,” the administration’s statement said.
In April, Anthropic introduced Claude Opus 4.7 for advanced development and launched the experimental design tool Claude Design.