Mythos was critical to open-source cybersecurity push

International Business Machines CEO Arvind Krishna said Anthropic’s Mythos was crucial in directing the company’s $5 billion investment into a new cybersecurity offering announced Thursday to address the vulnerabilities. open source software.

“Mythos was the critical trigger factor in this,” Krishna said in an exclusive interview with CNBC.

Open source models are frequently used by companies due to price and easy access. Red Hat is also part of the so-called Lightwell Project.

Major US banks have already signed on to the project. Goldman Sachs, Morgan Stanley, JP Morgan And Bank of America They are all early adopters.

“They will use the latest tools to figure out where they might have a vulnerability and where there isn’t a patch readily available,” Krishna said.

IBM shares rose following the announcement.

The enterprise technology company is part of Project Glasswing, a cybersecurity initiative previewing Anthropic’s Mythos ahead of an expected broader launch. Krishna noted that large language models are generally “extremely adept at finding vulnerabilities” and exploiting issues in proprietary and open source code.

Despite multiple meetings to discuss a path forward, leaders have yet to announce a coherent strategy for how they will respond to the cyber threats posed by Anthropic’s latest model.

As part of its open source support, IBM and Red Hat are deploying 20,000 software engineers to help partners secure software. Krishna said he sees cybersecurity officials as partners rather than competitors in efforts to fix the vulnerabilities exposed by Mythos.

“They’re great at protecting the environment, they’re great at understanding what’s going on, but they’re not patching and they’re not protecting other software,” Krishna said. “So I think it’s a great complement to what they’re doing.”

IBM is one of the largest providers of open source software and therefore has “an incentive to continue protecting the ecosystem,” RBC Capital analyst Matthew Swanson said in a note Thursday.

The stock gained 12 percent last week after the Trump administration announced it would invest $1 billion to develop a hub for quantum chip manufacturing.

“We believe that having manufacturing capacity in the country is extremely important from a quantum and national security perspective. … If quantum gets close to the level I suspect it will be in the early 2030s, we will need to expand that capacity quite a bit,” Krishna said.