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GRAHAM CLULEY

City AM

As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace As it happened: Stocks mixed as Trump warns takes ‘two to tango’ on Iran peace Replace Reeves if Starmer goes, voters tell Labour Right to Buy has been a huge success, of course the left hates it Regional bond revolution risks making Britain more unequal and less prudent Labour may not agree with Blair, but the public does… The world can’t keep consuming more than it produces If performance matters more than privilege then prove it Wayve: London robotaxis will make passengers forget there’s no driver Mandelson Files add insult to injury, but the patient was already beyond saving Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion Pension master trusts join forces to tackle outdated transfer systems Iran ‘pulls out of talks with US’ and threatens to strike Israel Anthropic files for IPO as race with OpenAI heats up ‘Be more Trumpian’ – Mandelson discussed dire economy and ‘lack of verve’ with key Starmer ally Deloitte UK appoints first chief AI officer in drive for ‘AI-enabled’ services Private credit is crowded — but disciplined capital still knows where to look Squash players turn to social media to cash in on LA Olympic Games opportunities Interactive Brokers Integrates AI into Client Portfolios – Informed by Agentic Technology, Controlled by the Client WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global Sadiq Khan: London tech boom can weather ‘dizzying’ AI risks New mixed gender trophy introduced for coming Hundred season Labour voters lead AI adoption as public remains split on impact North Highland Names Anthony Shaw Global Chief Executive Officer Vyond Appoints SaaS Industry Veteran Scott Ernst as Chief Executive Officer Winston Taylor Completes Historic Transatlantic Combination M&S chief’s pay slashed by £3m after cyberattack turmoil Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100 Stop and think before asking for a bigger salary Brits back Blair’s growth calls – yet are squeamish over welfare cuts Number of claims management firms halves after FCA clampdown Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud Pub bosses warn tax hikes driving youth unemployment crisis UK manufacturing survives Iran war impact Labour sheds union member support to Reform, poll shows Private equity-backed Ryan triumphs in bidding for European tax adviser Svalner Atlas Wise shares plummet as money transfer firm faces fraud investigation KBRA Releases Research – European Fibre ABS: From Build-out to Securitisation Everbridge Expands Presence in Germany with New Munich Office Iran war triggers slump in selfies, ME Group warns Landlords rush to protect income over Renters’ Rights Act fears Ascensia Diabetes Care Expands CONTOUR® Portfolio with CONTOUR®COMFORT Pen Needles to Bring Greater Stability and Control to the Everyday Injection Experience Corient Completes Acquisitions of Stonehage Fleming and Stanhope Capital Group; Global Assets Surpass US$500 Billion Autobrains and Uber to Launch Agentic AI Robotaxi Program in Munich built on NVIDIA DRIVE Hyperion Easyjet fires back at ‘highly opportunistic timing’ as Castlelake weighs takeover bid House prices fall again as property market ‘deteriorates’ Exclusive: Roland Garros star and ATP chief in £450,000 tennis fund raise Milburn NEET review: Anger crackles from the page but will Labour act? 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‘Safe’ version of Anthropic’s Mythos model hits market
Saskia Koopman · 2026-06-10 · via City AM

Anthropics AI technology showcased at a tech conference, highlighting innovative advancements in artificial intelligence
Anthropic has also mandated a 30-day data-retention policy

Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious ‘Mythos’ model for the first time – a technology previously deemed to dangerous for distribution.

Fable 5 is being rolled out via Anthropic’s interace, but the launch comes with strict limitations.

The San Francisco-based AI titan confirmed it will block or defer queries in high-risk zones, including cybersecurity or chemistry, acknowledging that “releasing a model this capable comes with risks”.

To combat jailbreaks, Anthropic has also mandated a 30-day data-retention policy for all Fable 5 and Mythos 5 traffic.

The underlying Mythos engine shocked the tech and finance sectors, as well as public bodies, after it restricted launch in April.

Developed under the White House’s watchful eye and restricted to a handful of entities like Amazon and Microsoft, Mythos was designed to map realistic attack paths across critical infrastructure.

Anthropic previously admitted the system had already “found thousands of high-severity vulnerabilities, including some in every major operating system and web browser”, with some legacy bugs dating back 25 years.

The firm warned that the system could outperform “all but the most skilled humans” at exploiting software flaws, or spark a devastating wave of automated cyberattacks.

Guardrails or an admission of danger?

The decision to release a moderated version via Fable 5 has revived a conversation among security leaders about whether interface-level restrictions can truly contain offensive-grade AI.

Andrew Rubin, founder and chief executive of Illumio, said: “The introduction of guardrails isn’t evidence that the problem is solved – it’s an admission that even the companies building these models don’t fully trust where the capability leads.”

“Constraints at the interface don’t change the underlying math. Attackers won’t operate at that layer. They’ll go straight after the capability itself. And as these tools become more broadly available, the speed and scale of attacks will only increase.”

Some also see the simultaneous deployment of Fable 5 and the highly restricted Mythos 5 reveals Anthropic’s dual-track commercial strategy.

Douglas McKee, director of vulnerability intelligence at Rapid7, said: “Fable 5 is the everyday workhorse. Mythos 5 is the power tool for tightly vetted security and infrastructure teams.”

As Anthropic edges closer to a highly anticipated IPO, the commercialisation of Mythos-class capabilities is forcing businesses to rethink their security budgets.

However, as Roman Stanek, founder and chief executive at Gooddata, said: “Open source security, legacy code debt, infrastructure hygiene, they are all solvable problems, but all chronically underfunded. Now we have Mythos, this new shinier, more expensive model that can theoretically find and fix them.”

“Great. Except the incentive structure hasn’t changed. Nobody wanted to pay a human engineer to fix it. They’re not going to pay an AI to fix it either. The issue has never been capability, people are just unwilling to invest and until that changes the vulnerabilities will stay as the threat evolves.”