Search
+
    SEARCHED FOR:

    CLAUDE AI MODELS

    Anthropic deepens finance push as CEO Amodei warns of software disruption

    AI firm Anthropic is launching new software for banks and insurers. Ten specialized AI programs will automate tasks like building pitchbooks and auditing statements. This move aims to boost efficiency in the financial sector. Major companies like Goldman Sachs and Visa are already using Anthropic's technology. The company's CEO is set to speak with JPMorgan Chase's CEO.

    Claude Opus 4.7 arrives: Anthropic targets Wall Street with powerful AI for finance

    Anthropic is growing fast in the finance space with its new AI model Claude Opus 4.7. The company is offering smart tools for banks and businesses to handle tasks like data work and reports. This move is raising concerns in the software market as AI starts replacing traditional tools and changing how companies work.

    Elon Musk vs OpenAI trial enters second week

    OpenAI cofounder Greg Brockman is set to testify in a lawsuit filed by Elon Musk, who seeks to revert the AI giant to a non-profit foundation. Musk claims he was sidelined after contributing significant funds, while OpenAI questions his motives amid his own AI venture's growth.

    Public sector banks to ramp up IT spend amid cyber risks from Anthropic's Mythos

    Indian banks are boosting IT investments to protect customer data and financial systems. Advanced AI tools like Claude Mythos pose new cybersecurity risks. Banks are enhancing defenses to counter potential cyberattacks. A government panel is assessing these AI-driven threats. This proactive approach aims to secure the financial sector against evolving digital dangers.

    Is the AI boom eating its own tail? The strange economics of billion-dollar deals

    Tech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fund each other to buy cloud services and AI chips, inflating valuations. While demand for AI is real, these opaque deals raise concerns about genuine value versus financial engineering, echoing past bubbles.

    AI agents becoming day traders, but gains prove elusive

    In a groundbreaking shift, retail investors are now harnessing artificial intelligence to facilitate their trading endeavors. Many see this as a revolutionary step in the investment landscape, with enthusiastic supporters touting the potential for significantly enhanced returns. Emerging platforms enable users to seamlessly integrate AI-driven models into their trading strategies through straightforward commands.

    • Confidant Claude: Anthropic says 6% of users turn to its AI chatbot for personal advice

      AI firm Anthropic studied user interactions with its chatbot Claude. About six percent of users sought personal guidance. Health, career, relationships, and finance were key topics. The company found Claude sometimes agreed too readily, especially in relationship advice. New models are trained to improve neutrality and helpfulness.

      Mythos legend ups cybersecurity stakes

      India is seeking access to Anthropic's powerful AI tool, Mythos. This AI can find software security flaws quickly. India believes its digital infrastructure needs this protection. The government is discussing access with the US administration. This move aims to secure India's digital backbone against evolving threats. Policy intervention is key for domestic defence mechanisms.

      AI won’t fix broken systems: India needs secure-by-design approach

      India's digital infrastructure faces a critical challenge. While AI accelerates attacks, the core issue is weak system design. Security requires building systems to be inherently secure, not just detecting breaches. Formal verification and layered threat modeling are essential. This approach ensures systems are provably harder to break, a crucial step for national security.

      Australian banks warned frontier AI could create larger, faster cyber attacks

      Australia's banking regulators, APRA, are sounding the alarm over escalating cyber threats. Advanced AI tools like Anthropic's Claude Mythos may equip hackers with unprecedented capabilities. Current cybersecurity measures within banks are trailing behind the swift evolution of AI, heightening the vulnerability of the country’s financial systems. It is crucial for board members to enhance their grasp of AI-related risks.

      US stocks today: Microsoft cloud revenue accelerates as spending growth cools

      Microsoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to reassure investors about the company's significant artificial intelligence investments. Microsoft is expanding its AI offerings, including partnerships, to maintain its competitive edge in the cloud market. This comes as major tech firms invest heavily in AI infrastructure.

      What is Anthropic Mythos? The AI cyber tool that triggered India’s financial alarm
      Goldman Sachs bars Hong Kong bankers from Anthropic AI use

      Goldman Sachs has barred its bankers in ⁠Hong ⁠Kong from using Anthropic's AI models, the Financial ⁠Times reported on Tuesday, ⁠citing people familiar with the matter.

      White House drafts guidance to bypass Anthropic's risk flag for new AI models: Report

      The White House is developing guidance that ⁠could ⁠allow federal agencies to sidestep Anthropic's supply-chain risk ⁠designation and onboard new artificial intelligence ⁠models, including Mythos, Axios reported on Tuesday.

      Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft

      Microsoft's Copilot 365 AI assistant is now available to all Accenture employees. This is the largest enterprise deal for the chatbot. Accenture reports significant productivity gains, with staff completing routine tasks much faster. This move aims to boost Microsoft's paying user base for its AI offerings.

      OpenAI's latest AI models, Codex available on Amazon Bedrock, day after Microsoft deal loosens

      OpenAI is now available on Amazon's cloud. This move follows a contract change with Microsoft. OpenAI's AI models and coding agent can be accessed on Amazon Web Services. Customers can now build AI agents using OpenAI's frontier models directly on AWS. This partnership aims to boost OpenAI's computing power and enterprise business.

      UK to work with other 'middle powers' on AI security, minister says

      Britain is teaming up with nations like France, Germany, and Canada on AI security. This initiative aims to shape the future of artificial intelligence. The British AI Security Institute has already shown its capabilities. They will share best practices for evaluating AI models. This collaboration will not affect ties with the United States.

      Google signs classified AI deal with Pentagon: Report

      Google has joined other tech firms in a deal with the US Department of Defense. The agreement allows the Pentagon to use Google's AI for lawful government purposes. This includes sensitive work like mission planning and weapons targeting. The Pentagon is signing deals worth up to $200 million with major AI labs. Google's agreement includes adjustments to AI safety settings.

      Google signs classified AI deal with Pentagon: The Information

      Google has inked a deal with the U.S. Department of Defense, allowing the Pentagon to utilise its AI models for classified government work. This agreement, alongside similar ones with OpenAI and xAI, permits 'any lawful government purpose.' While Google's contract includes safeguards against domestic mass surveillance and autonomous weapons, it doesn't grant the company veto power over military decisions.

      Adobe brings agentic AI to Firefly, enabling cross-app workflows with Photoshop, Premiere Pro, other tools

      Adobe has launched public testing for its agentic Firefly AI assistant, designed to operate across its creative product suite. This conversational interface allows users to execute complex tasks through natural language prompts without switching applications. Users can also intervene at any stage, refining outputs, accepting or rejecting suggestions, and steering the process.

      Anthropic enters trillion-dollar club in private trading ahead of potential IPO as AI demand spikes - here's what you need to know

      Anthropic pre IPO share valuation surge: Anthropic's implied valuation has surged past $1 trillion in private on-chain trading, driven by significant investments from tech giants like Alphabet and Amazon. This valuation jump, coupled with reported revenue growth from $9 billion to over $30 billion, reflects strong investor sentiment for AI companies, despite no official IPO date being set.

      FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's Mythos

      Finance Minister Nirmala Sitharaman met with bank leaders to address Artificial Intelligence risks. Concerns arose from Anthropic's Mythos AI model and its potential impact on financial system data security. Banks are urged to implement preemptive measures to safeguard systems and customer data. Officials are studying the extent of these risks.

      FM Sitharaman, IT minister Vaishnaw meet bankers over looming Claude Mythos; push for faster intel sharing

      India is building a strong system for banks and agencies to share threat information instantly. This aims to quickly identify new dangers from artificial intelligence. Finance Minister Nirmala Sitharaman met with banks and IT officials to discuss these risks. The focus is on vigilance and better coordination.

      Google AI strategy: Why is the tech giant betting up to $40 billion on AI competitor Anthropic

      Google Anthropic investment explained: Google's parent company, Alphabet, is significantly boosting its AI presence by committing up to $40 billion to AI startup Anthropic. This substantial investment, building on prior funding, underscores the intensifying competition among tech giants in the advanced AI sector.

      Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

      America is taking a strong stance against foreign tech firms, especially those in China, for allegedly stealing advanced artificial intelligence capabilities. The US government plans to work with domestic AI companies to identify and counter these activities.

      Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

      America is taking a strong stance against foreign tech firms, especially those in China, for allegedly stealing advanced artificial intelligence technology. The U.S. government plans to identify and penalize companies that extract capabilities from American AI systems. This move comes as China rapidly closes the gap in AI development. Lawmakers are also supporting measures to protect U.S.

      FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's Mythos

      Finance Minister Nirmala Sitharaman convened a meeting with bank heads to address Artificial Intelligence (AI) risks, particularly concerning Anthropic's Mythos model and its potential to compromise financial system data security. Banks have been urged to implement preemptive measures to safeguard their systems, customer data, and funds following discussions on AI's implications for the financial sector.

      Anthropic's Mythos model accessed by unauthorised users: Bloomberg

      Unauthorized users reportedly gained access to Anthropic's new Mythos AI model via a private online forum on the same day the company announced plans for limited testing. Anthropic is investigating the alleged breach through a third-party vendor environment. The powerful AI, intended for defensive cybersecurity, has raised regulatory concerns due to its vulnerability detection capabilities.

      Claude Opus 4.7 hits 92% honesty rate— are we closer than ever to human-like AI with less hallucination? Here’s what Anthropic’s new AI model is capable of

      Anthropic says its latest AI model, Claude Opus 4.7, reaches a 92% honesty rate. That is a strong data point. It signals a push toward more reliable AI. Hallucination rates are lower. Sycophancy is reduced. The model challenges wrong assumptions instead of agreeing blindly. This matters for real-world use. Businesses want trustworthy AI. Developers want predictable outputs. Claude Opus 4.7 is built to reason better. It explains limits clearly. It avoids making up facts. This shift could reshape AI trust. Are we finally moving closer to human-like AI reasoning with safer, more accurate responses?

      Load More
    The Economic Times
    BACK TO TOP