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Applied AI·April 12, 2026·1 min read

From LLMs to hallucinations, here’s a simple guide to common AI terms

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If your board or ELT still needs glossaries, your AI roadmap is theater, not execution. Treat this as a forcing function to level-set vocabulary fast so architecture and risk decisions stop getting lost in translation.

Applied AI

Sources: UK regulators plan to warn banks, insurers, and exchanges about security risks exposed by Claude Mythos Preview at a meeting within the next two weeks (Martin Arnold/Financial Times)

Regulators pulling banks into a dedicated session on Claude Mythos isn’t about one model—it’s the start of AI-specific cyber standards for core financial infrastructure. If you’re a regulated institution using frontier models anywhere near sensitive systems, assume model choice, deployment pattern, and red-teaming are about to become supervisory topics, not internal debates.