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Morgan Stanley doubled its forecast for AI-driven job losses across Europe's banking sector, saying as much as 20% of the workforce could disappear by 2030. Key Points: Morgan Stanley now projects up to 400,000 European banking jobs could be cut by 2030, double its January estimate. The hardest-hit

Anthropic says it intends to give the public access to Mythos, its vulnerability-hunting AI model, but only once it builds safeguards that do not yet exist. Key Points: Anthropic plans to release Mythos-class models broadly after first expanding access to U.S. and allied governments. The company adm

Monad (MON) built an internal AI system that hunts and verifies smart contract bugs for roughly $100 each, even as its locked capital pushed past $400 million. Key Points: Monad's security team built an AI tool called Bugfinder that hunts and verifies smart contract vulnerabilities. The system separ

Cisco's AI threat intelligence team evaluated 15 closed flagship models from OpenAI, Anthropic, Google, Amazon, and xAI, finding that multi-turn attack sequences achieved safety bypass rates as high as 88%. According to the Cisco research blog, the findings contradict safety claims based on single-p

Two of China's most capable AI labs cut their model prices to a fraction of Western rivals this week, while OpenAI and Anthropic moved the other way. Key Points: DeepSeek made its 75% V4-Pro discount permanent on May 22, fixing output at $0.87 per million tokens. Xiaomi cut MiMo-V2.5 prices by up to