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Will Mythos ruin or save the global financial system?

2 weeks ago

Will Mythos ruin or save the global financial system?

A new artificial intelligence model blindsided policymakers at meetings of the IMF, raising fears of faster, more-sophisticated cyberattacks on global financial systems. The same technology also is being touted by its builders as the most powerful defence banks could have.

The promise of AI is taking hold at Canada’s biggest banks

In 2018, Toronto-Dominion Bank scooped up artificial intelligence startup Layer 6 Inc. and its team of 17 AI experts testing the nascent technology. Canada’s second-largest bank was signalling its belief that the technology would one day transform the banking sector.

Federal government called upon to ban algorithmic pricing

As AI technology continues to advance, many companies have altered pricing depending on factors like a consumer’s search history, income levels or other demographic details using what is referred to as “surveillance pricing,” “algorithmic” or “dynamic” pricing.

I tried out Charlie, the CRA’s AI-powered chatbot

As tax season deadline approaches, it’s been interesting to see how artificial intelligence is showing up in all things taxes this year. I've heard rumblings from tax preparers about extravagant mistakes made by clients who’d quizzed the likes of ChatGPT.

Can Apple's new CEO John Ternus ignite AI growth

Apple’s leadership change is the start of a new phase for the iPhone maker, in which the focus will be on whether its deep hardware heritage can be fused with artificial intelligence to sustain growth in a fast-evolving tech landscape.

Crypto hack sparks $9-billion withdrawal from DeFi lender

A weekend hack that saw almost $300 million drained from a little-known crypto project has triggered a crisis of confidence among decentralized-finance investors, with users pulling billions of dollars from DeFi’s biggest lending platform.

Robot sets half-marathon world record in Beijing race

A humanoid robot that won a half-marathon race for robots in Beijing ran faster than the human world record in a show of China’s technological leaps. The winner, Chinese smartphone maker's Honor, completed the race in 50 minutes, 26 seconds.

Zoom teams up with World to verify humans in meetings

Meeting platform Zoom has announced a partnership with World, Sam Altman’s human ID verification company, to ensure that the people attending meetings are actually human and not AI-generated imposters. The threat is real and growing fast.

Google eyes new chips to speed AI, challenging Nvidia

Google aims to build on its momentum after inking deals with Meta and Anthropic. In a matter of months, Google’s AI chips have become one of the hottest commodities and leading artificial intelligence developers are stocking up on them.

Meta’s victory lap over Google on ads will be short

OPINION: Meta Platforms Inc. will for the first time surpass Alphabet Inc.’s Google for total digital advertising revenue, both globally and in the U.S. It will be a “watershed” moment and “major upset,” according to analysts at Emarketer.

Stellantis, Microsoft sign 5-year partnership for AI push

Stellantis and Microsoft have agreed to ‌a five-year strategic partnership to co-develop artificial intelligence, cybersecurity and engineering capabilities, as the automaker races to keep pace with technology-focused rivals.

Iconiq, adviser for tech’s elite, is putting billions into AI

Last year, Anthropic PBC chief Dario Amodei and other executives traveled 8,000 miles from San Francisco to the Middle East to meet with some of the world’s most deep-pocketed investors, including Qatar’s sovereign wealth fund and Abu Dhabi-based MGX.

Mixed response to Anthropic chief Amodei's warnings

Tech analyst Ben Thompson has criticized Dario Amodei for crying wolf about the risks of AI however he is also crowning Anthropic as the current frontrunner in the AI race for developing coding tools and releasing the Claude Mythos model.

The App Store is booming again, and AI may be why

Everyone said AI would kill apps. Instead, new app launches are soaring. New analysis from market intelligence provider Appfigures, indicates worldwide app releases in the first quarter of 2026 were up 60% year-over-year from Apple’s App Store and Google Play.

CGI DigiOps platform wins award for Agentic AI solution

CGI, one of the largest independent IT and business consulting services firms in the world, won the top honour in the product category for its Agentic AI platform, CGI DigiOps, at the 2026 Artificial Intelligence (AI) Excellence Awards.

ChatGPT offers unlicensed renovation contractors

An investigation reveals that one in five contractors recommended by artificial intelligence is working without a valid license in Quebec. The Soumission Rénovation platform analyzed 152 Quebec contractors from 16 searches submitted to ChatGPT. The result was 31 presented irregularities.

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