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JPMorgan Hong Kong AI Access Blocked
19 Jun
Summary
- JPMorgan Chase restricted Hong Kong employees' access to AI models.
- US government cited national security concerns for the AI model ban.
- Anthropic barred its products from use in mainland China.

JPMorgan Chase has recently restricted its Hong Kong employees' access to advanced AI models developed by Anthropic. This decision was made under pressure from the US government, which cited national security concerns. As a result, foreign nationals are now blocked from using Anthropic's most sophisticated AI tools, leading to a complete shutdown of public access to these models.
Furthermore, Anthropic has imposed its own restrictions, barring all its products from being used in mainland China. The company's concern is that Chinese AI firms might exploit its output to train their own AI models through 'distillation attacks'.
This move by JPMorgan Chase, mirroring similar actions taken by Goldman Sachs, is viewed as a potential impediment to Hong Kong's ambition to revive its standing as an international financial center. The growing adoption of AI, particularly in fields like coding, underscores the significance of such restrictions.