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Indian banks ready for AI risks, says Nirmala Sitharaman flags Mythos concerns

Nirmala Sitharaman said Indian banks are prepared to handle emerging tech risks but flagged concerns over the Mythos AI developed by Anthropic

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Finance Minister Nirmala Sitharaman. File Pic

Finance Minister Nirmala Sitharaman. File Pic

Finance Minister Nirmala Sitharaman on Friday said that Indian banks are adequately prepared to deal with emerging technology-related challenges, even as she raised fresh concerns over risks linked to a new artificial intelligence model developed by Anthropic. 

Speaking to reporters, FM Sitharaman noted that India is closely monitoring the potential threats posed by Anthropic’s Mythos AI model, which has drawn global attention for its advanced capabilities.

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