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AI NewsReserve Bank of India Proposes Risk Management Framework For AI Models
12:12 PM IST · June 26, 2026
The Reserve Bank of India proposes a risk management framework for AI models within institutions of finance and banking.
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AI is replacing cameras with prompts, shrinking production timelines from days to hours. For fashion brands, it's a breakthrough. For thousands of creative professionals, it's a reckoning.
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Both companies are phasing access to their latest AI models while working with Washington on a framework for deploying increasingly capable systems.
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Two weeks into the ban that causedAnthropic to pull its powerful cybersecurity-oriented models, Mythos 5 and Fable 5, from the market, the Trump administration is softening its stance. It is now allowing Anthropic to make Mythos 5 available to more than 100 specific U.S. government agencies and companies, including allowing the non-American employees at those organizations to access to the model, bothSemaforandReutersreport. This list also includes Anthropic’s own non-American employees, who were included in the original ban that forbade non-Americans from accessing the models. “I have determined that appropriate safeguards are in place to permit certain trusted partners to access the Claude Mythos 5 Model,” Commerce Secretary Howard Lutnick wrote to Anthropic’s chief compute officer Tom Brown on Friday, according to the missive seen by Semafor. Apparently, the administration did not address therelease of Fable 5 in this directive. This is a version of Mythos 5 that was widely released a couple of days before the ban because it was said to have more protections. Both models were pulled after those guardrails were allegedly bypassed easily by security researchers. Anthropic did not immediately respond to our request for comment. Anthropic on Friday publicly acknowledged the progressin a post on X, writing: “Since June 12, we’ve been working closely with the US government to restore access to Claude Mythos 5 and Fable 5. Today, the government notified us that Mythos 5, our strongest cybersecurity model, can be redeployed to a set of US organizations that operate and defend critical infrastructure. We’re restoring access for these organizations quickly, and we’re continuing to work with the government to expand access to Mythos 5 and make Fable 5 available for general use again.”
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Nvidia has dominated the AI chip market for years, but the era of total dependence might be ending. OpenAI just shared its plans to spice things up withJalapeño, its custom inference chip built with Broadcom, joining Google, Apple, and SpaceX in a growing list of companies building their way out of single-supplier risk. The goal is less of a clean break and more of a hedge. Custom silicon means more control, hardware tuned to specific needs, and the kind of performance gains Apple unlocked when it ditched Intel. On this episode of TechCrunch’sEquitypodcast, hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the custom chip trend means for the industry and a few deals of the week worth watching. Listen to the full episode to hear more about: Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. You also can follow Equity onXandThreads, at @EquityPod.
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