Goldman Sachs Restricts Hong Kong Staff from Anthropic’s Claude AI

Goldman's action resulted from the US bank interpreting its contract with Anthropic strictly after consulting with the company and determining that the bank's employees

Quick overview

  • Goldman Sachs has restricted its employees in Hong Kong from using Anthropic products after a strict interpretation of their contract.
  • Other AI models like Gemini and ChatGPT remain accessible on Goldman's internal platform despite the restrictions on Anthropic.
  • While Hong Kong has avoided many AI usage restrictions, mainland China prohibits the use of US-developed AI models.
  • Contracts with other AI vendors, such as OpenAI, are not affected by Goldman's ruling regarding Anthropic.

Goldman’s action resulted from the US bank interpreting its contract with Anthropic strictly after consulting with the company and determining that the bank’s employees in Hong Kong shouldn’t be allowed to use any Anthropic products.

As quantum computing becomes of more interest to Google, they may acquire Anthropic to boost their progress.

The source told Reuters that other popular models like Gemini and ChatGPT were still accessible on the internal platform. Because they were not permitted to speak to the media, they refused to be identified.

Hong Kong has largely escaped these restrictions, while mainland China forbids the use of AI models developed by US companies, such as ChatGPT and Claude, with usage limits imposed by the U.S. A representative for Anthropic told the FT that their Claude models had never been formally “supported” in Hong Kong, but they would not elaborate

The newspaper also stated that contracts with other AI vendors, like OpenAI, were not covered by the ruling. Marco Ar is the chief information officer at Goldman Sachs.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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