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Anthropic AI Rattles Wall Street

Anthropic AI Rattles Wall Street

The scale of the threat has prompted Anthropic to strictly limit access to the model, even as it prepares for a highly anticipated initial public offering.

Treasury Secretary Scott Bessent and Fed Chair Jerome Powell are reportedly concerned that the tool could be weaponized by state actors to destabilize the global financial infrastructure.

In response, Anthropic has launched 'Project Glasswing,' a $100 million initiative aimed at fixing the very vulnerabilities its AI has uncovered.

The development has sent shockwaves through the tech sector, leading to a massive selloff in software stocks as investors weigh the potential for a new era of AI-driven cyber warfare.