Wall Street CEOs Meet on AI Risks

US Treasury Secretary Scott Bessent and Federal Reserve Chair Powell have convened a critical meeting with Wall Street executives to address the escalating cyber risks posed by advanced AI models, specifically mentioning Anthropic's latest developments. The discussion highlights growing concerns among financial regulators about the potential security vulnerabilities that sophisticated artificial intelligence could introduce into the financial system. Concurrently, CoreWeave CEO Michael Intrator noted robust demand for computing power, driven by significant deals with AI firms like Anthropic and Meta, indicating continued strong growth in the AI infrastructure sector.