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Portfolio – Silicon Republic

Report: 60pc of large companies report mental health issues among IT workers China blocks Meta’s $2bn Manus acquisition Ireland’s solar sector hits 1GW of energy for first time After Amazon, Google commits up to $40bn in Anthropic Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech 4 easy ways to stay on top of cybersecurity in the workplace 15 companies you’ll see at NIBRT Careers in Biopharma 2026 Bloomberg: Bezos’ Project Prometheus bags $10bn at $38bn value Meta to lay off 10pc of its workforce amid an AI push China's DeepSeek unveils long-awaited V4 AI model Intel’s shares soar as Q1 results signal brighter future MongoDB to create 200 new jobs as it invests €74m into Irish operations Why it's full STEAM ahead for young people upskilling in Ireland's west Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink AI race intensifies with Google's new agent management platform Government launches new AI initiative for greater access to essential skills Free and inexpensive cybersecurity courses to undertake in 2026 UL looking for ‘changemakers’ amid Research Week 2026 OpenAI taps Airbnb exec as first EMEA managing director EAM platform Blue Mountain acquires Cork’s CompuCal Calibration Solutions SpaceX agrees right to buy AI coding darling Cursor for $60bn Anthropic probing reported Mythos leak on Discord Professional job openings across Ireland increased in Q1, finds report Contract hiring evidence of a cautious jobs market, finds report Can you rely on AI chatbots for medical advice? €6.9m awarded to final four National Challenge Fund winners Amazon investing up to $25bn in Anthropic AI infrastructure deal Vodafone Ireland to invest €360m over the next four years Tim Cook passes Apple leadership to hardware head John Ternus Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups When it comes to leadership, do companies know what they are doing? Amazon gets go-ahead for subsea cable landing station in Cork Communication and storytelling key skills, finds strategy manager Space-tech Mbryonics plans new production facility in Shannon Irish co-founded AI start-up Lua raises $5.8m AIM Centre strengthening medtech and life sciences link with new Galway base Kerry Group expands Cork facility as lactose-free demand grows Are electric vehicles about to take off for good? Nearly 75pc of AI’s economic value captured by just 20pc of companies Major gap between leaders' traits and employee expectations, finds report Dublin tech company Vox Talk raises €1.35m in pre-seed round Netflix shares fall on Q2 forecast as co-founder Hastings steps aside OpenAI to rival Google’s AlphaFold with new AI model for life sciences research Irish-founded Ulysses raises $46m in rounds featuring A16Z How are balance, inclusion and skills critical to the workforce of the future? Anthropic’s Mythos to bolster cybersecurity at UK banks Solidroad raises $25m as demand for QA product sparks fresh hiring Are we ready to place lab experiments in non-human hands? Danish finance AI start-up Spektr raises $20m What interview mistakes are jobseekers still making in 2026? Irish space AI start-up Ubotica on board for NASA’s FAME Dublin's Audrey AI closes $1.8m pre-seed funding round The Leaders' Room: Equinix's Peter Lantry on powering Ireland sustainably ‘No more excuses’ as EU launches free age verification app Waterford's HCS unveils €13.2m investment, plans 125 new jobs The death of ETL: Is zero-copy a ‘liberation’ for data teams? Snap cuts 16pc workforce to prioritise AI and savings Do data and AI talent needs conflict with a workforce seeking stability? Amazon buys Globalstar to bolster Leo's satellite capabilities Dublin start-up Otel AI raises €2m to expand hotel AI platform Boston Scientific announces €75m R&D investment in Galway After Anthropic, OpenAI launches cyber-specific AI model ASML forecasts €36bn in 2026 net sales amid AI race chip demand The Interview: Dentons' Carlo Salizzo on three forces defining digital law How this master’s programme is building tech leadership talent Nvidia unveils open-source quantum AI model Ising Bull and Equal1 to advance next gen of hybrid quantum tech in Europe Anthropic's Mythos a game-changer, NCSC chief tells Oireachtas Klaviyo building out its engineering team at Dublin facility Stanford: China ‘effectively’ closes AI model performance gap to US Mythos just first of power models to come: Anthropic co-founder Ireland to invest €17m in leading facilities for AI, medtech and more UK neobank Monzo makes Irish launch after US market exit How can you make your memory work more effectively? Cork Airport to get Ireland's largest solar carport next year New XP95 hacker group targets Dublin recruitment platform Healthdaq OpenAI apps for MacOS exposed by threat Mythos testing begins as governments raise cyber concerns The biopharma senior associate whose career was fuelled by FUEL Opinion: The future of insurance is AI, so why the hesitation? Meta to pay CoreWeave $21bn for additional cloud capacity Investing in part of the workforce creates an AI skills gap, finds report Digital rights group EFF leaves X Alibaba leads $293m round in Chinese AI start-up after HappyHorse reveal Anthropic reportedly mulls designing own chips amid shortage How are software engineering graduates adjusting to AI? OpenAI pauses Stargate UK over energy costs The diverse responsibilities of a principal software engineer Dublin AI SaaS provider Apex B2B launches with €1.5m backing Equal1 partners with Q-Ctrl for quantum data centre deployment Meta’s Superintelligence Labs debuts first product Muse Spark US court won't pause Anthropic ban, but wants case expedited Agentic commerce and purchase disputes: Did you mean to buy that? New Artemis II images give fresh look at our lunar neighbour Circuléire makes fresh call for 2026 accelerator applicants ‘Positive workplace culture starts with respect, trust and communication' Anthropic's Glasswing project employs Mythos to prevent AI cyberattacks Medtech start-up Vertigenius raises €2.55m for US expansion
Can EU AI Act actually regulate models like Mythos?
Suhasini Srinivasaragavan · 2026-05-18 · via Portfolio – Silicon Republic

From left: Joseph Stephens, NCSC; Adnan Ahmed, Ornua; and David Keddy, Microsoft. Image: AR Media

Stress on organisations to patch vulnerabilities a ‘major concern’ for NCSC’s Joseph Stephens.

The European Commission and several EU member states, including Ireland, are in talks with Anthropic over Mythos, as countries worldwide scramble to protect their vulnerable critical infrastructure from cyber risks.

“We’ve had direct contact with them,” the National Cyber Security Centre (NCSC)’s director of resilience Joseph Stephens told SiliconRepublic.com, referring to Anthropic, whose European headquarters is based in Ireland.

“But we’re working through the European system because there’s more strength in having a coordinated approach.” Stephens was speaking to SiliconRepublic.com during the recent ZeroDayCon event in Dublin.

Mythos sent shockwaves through the industry following its limited launch to select big businesses more than a month ago. Anthropic’s move received much praise from experts, including from Stephens, who called on other frontier AI model providers to do the same.

Is control out of bounds?

Mythos’s development, Anthropic claims, was not intentional, but merely the result of a “downstream consequence of general improvements in code, reasoning and autonomy”.

And undoubtedly, states don’t wield much power when it comes to controlling technological advancements or managing how it is disseminated – at least initially.

The growing concern around AI-induced cybersecurity risks is by no means restricted to Mythos. Put together, these factors create a difficult environment for legislators as they attempt to catch up to new innovations in this space cropping up faster than ever before.

“We have to recognise what the Irish state can and cannot do,” Stephens said. “We can’t stop a company like Anthropic based in the US from releasing or not releasing a model.”

Mythos’s launch created such a ripple that the NCSC – for the first ever time – released a statement on a specific product release.

Meanwhile, nations worldwide, including the US, UK, Canada and Japan, were quick to invite Anthropic to discussions to potentially employ the model to bolster their critical infrastructure security.

However, governments and big businesses aside, start-ups and SMEs with limited resources to bolster their cybersecurity are particularly at risk.

“The major concern here right now is the stress that [Mythos] may place on organisations who are now going to have to patch all of their digital products and services,” Stephens said.

But ironic as it is, AI might come in handy for situations such as these.

Will the EU AI Act help?

Stephens called for a joint effort between states to come up with a common regulatory approach around such models.

“The AI Act allows us to ensure that products that come onto our marketplace are done in a secure and a safe way,” he said. “Europe has really pushed forward with the AI Act … [but] we can’t regulate our way out of it.”

The line between regulating and stifling innovation is one that the EU is arguably still in search of.

It is attempting to remedy some of this over-regulation by way of a simplified and consolidated set of rules. Earlier this month, the bloc adopted new provisional rules on the AI Act.

The AI Act applies to businesses that sell into the EU, or if the AI output is used in the EU. The landmark regulation attempts to balance managing the risks of this technology while letting the EU benefit from its potential.

According to law expert Dr TJ McIntyre, it is possible to regulate models such as Mythos with extraterritorial effect, but only if they are sold into the EU or if their outputs are sold into the region.

McIntyre is an associate professor in the Sutherland School of Law at University College Dublin.

“It’s not clear that the AI Act would apply if Mythos is geo-restricted for use outside the EU,” he explained.

However, the Act is “designed to address ‘offensive cyber capabilities, such as the ways in which vulnerability discovery, exploitation or operational use can be enabled’ as a type of systemic risk,” he said – so, “in theory”, the EU could take action under the AI Act.

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