Zaid Admani

Speaking of the Fed, the next Fed meeting is at the end of April.

It could be Jerome Powell's last meeting as Fed chair.

So we'll see what he has to say.

And then remember, earnings season kicks off next week.

So we'll see what executives have to say about inflation and higher energy prices.

So yeah, a lot of moving parts right now with the ceasefire and inflation and earnings season right around the corner.

So it's a great time to get subscribed to the podcast and tune in every day to stay in the loop.

Let's run through some headlines, starting with a wild story out of Washington.

The Treasury Secretary Scott Besson and Fed Chair Jerome Powell called an emergency meeting this week with the CEOs of America's biggest banks to discuss the cybersecurity risks from Anthropic's new AI model called Mythos.

We're talking about the CEOs of Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, and Wells Fargo, all summoned to the Treasury Department on a short notice.

Now, for some quick backstory here, Anthropic released a limited preview of its new model called Mithos, and apparently this model is so good at identifying and exploiting cybersecurity vulnerabilities that it's freaking out government officials.

The government is worried that this new generation of AI models could unlock a whole new level of cyber attacks targeting critical systems like banks.

If hackers got their hands on this kind of technology, it could be a serious threat to the financial system.

In fact, Anthropic has been so cautious about this model that they've only released it to a limited group of partners called Project Glasswing.

This includes companies like Apple, Google, Microsoft, Nvidia, even JP Morgan.

So these companies could help secure critical systems before the AI models become widely available.

Now I started hearing about the Mithos model earlier this week and how powerful it was.

And I just thought that it was maybe like marketing, you know?

But the fact that the treasury secretary had to call an emergency meeting definitely got my attention.

And I'm not gonna lie, I kinda wanna try out this new anthropic model.