Updated
Updated · Financial Times · Jun 18
JPMorgan Blocks Hong Kong Staff From Anthropic AI as Greater China Terms Tighten
Updated
Updated · Financial Times · Jun 18

JPMorgan Blocks Hong Kong Staff From Anthropic AI as Greater China Terms Tighten

2 articles · Updated · Financial Times · Jun 18

Summary

  • JPMorgan has removed Anthropic’s Claude from the approved internal AI tools available to staff in Hong Kong, according to people familiar with the change.
  • The cutoff was driven by wording in Anthropic’s licensing terms that exclude use in Greater China, forcing the bank to restrict access in the Asian financial hub.
  • The move follows a similar decision by Goldman Sachs earlier this year and underscores how US AI providers, not Hong Kong authorities, are limiting access to leading western models there.
  • Anthropic already says Claude has never been officially supported in Hong Kong, and last week it suspended access to its Fable model for foreign citizens after US national security concerns.

Insights

As top banks block AI in Hong Kong, is the city's status as a global financial tech hub now at risk?
Is JPMorgan's AI ban a business decision, or a quiet directive from US national security officials?
With AI now capable of advanced cyberattacks, can restricting access truly prevent its misuse by determined adversaries?