Cyber Risk Institute to Debut AI Risk Framework for Financial Sector
The Cyber Risk Institute is developing a new artificial intelligence risk-management framework profile specifically for the financial services sector. This initiative aims to provide institutions with a structured approach to identifying, assessing, and mitigating the unique risks associated with AI technologies. The framework is intended to be a practical governance tool for entities operating within […]
Redwood AI to Acquire Quantum.IQ Technologies in Share-Based Deal
Redwood AI has announced a definitive agreement to acquire Quantum.IQ Technologies in a transaction structured around company shares. This deal, which is expected to significantly bolster Redwood AI’s capabilities in the burgeoning field of quantum-resistant cybersecurity, is notable for its innovative share-based structure. The acquisition agreement includes both base shares, which will be transferred upon […]
U.S. Approves Limited Release of Anthropic’s Mythos AI Model
The U.S. has permitted a controlled release of Anthropic’s advanced artificial intelligence model, known as Mythos, to a select group of American companies and trusted partners. This development marks a significant step in the deployment of sophisticated AI technologies, moving beyond research environments into practical business applications. The controlled release suggests a strategy to manage […]
House AI Risk Bill Proposes Screening for Critical Threats
A new proposal in the U.S. House of Representatives aims to establish a framework for scrutinizing powerful artificial intelligence models before they are widely deployed. The bill, if enacted, would require developers and vendors of advanced AI systems to undergo screening processes designed to identify and mitigate risks related to national security, critical infrastructure protection, […]