JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned that the risks stemming from Anthropic’s Mythos AI model are a "real issue," adding that U.S. government officials are now focused on addressing the potential risks.

Dimon raised concerns about the consequences of broadly distributing the powerful AI systems, Bloomberg reported. He warned that giving widespread access to Mythos could create risks comparable to "giving ballistic missiles to individuals," the CEO said during Republican Sen. Dave McCormick’s Pennsylvania Defense and Innovation Summit. 

Anthropic has found itself at the center of debate over how governments should manage cybersecurity risks posed by powerful AI models. 

In April, Anthropic announced that it would be launching Project Glasswing, a defensive cybersecurity initiative that utilizes a highly advanced, unreleased "Claude Mythos" AI model. Instead of releasing the model publicly, Anthropic initially partnered with more than 50 organizations, including Google, Microsoft and Apple, to proactively scan and patch critical software vulnerabilities before adversarial AI can exploit them, the company explained. 

Anthropic has since added more companies to the project, expanding its access to approximately 150 new organizations, the company noted last month.

"Project Glasswing and the capabilities of Claude Mythos Preview have sparked broad conversations — both within the software industry and with governments — about how AI is changing cybersecurity," Anthropic said.

"We see our role as twofold. First, to help the software industry adapt by safely providing wide access to better models, tools and common infrastructure. Second, to steadily shift the support we provide, from finding vulnerabilities to disclosing, fixing, and deploying patched software," the company stated at the time. 

Founded in 2021 by former OpenAI employees, Anthropic has quickly established itself as a key player in artificial intelligence, building tools that are reshaping how businesses approach areas like coding and cybersecurity.

In May, Anthropic overtook OpenAI as the world’s most valuable startup after raising $65 billion in Series H, valuing the company at $965 billion. Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital led the funding round.

Anthropic is meeting with investors ahead of a potential blockbuster IPO as it prepares to capitalize on strong demand for AI listings.

Banks leading the offering are arranging investor meetings in the coming weeks, as the company is reportedly targeting an IPO as early as October. The Claude maker has hired Morgan Stanley, Goldman Sachs Group and JPMorgan Chase to work on the IPO process. Details regarding the IPO are ongoing and subject to change. 

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