The move places JPMorgan alongside Goldman Sachs, which reportedly took similar action earlier this year. The Financial Times said Goldman removed Claude from the set of approved AI tools available to its Hong Kong-based bankers in April.
Neither JPMorgan nor Anthropic responded to Reuters requests for comment outside normal business hours. Reuters said it could not independently verify the Financial Times report.
The reported restrictions come as artificial intelligence has become an increasingly sensitive issue in U.S.-China relations, with concerns spanning data security, advanced computing capabilities and access to leading AI systems.
Although many AI models developed by U.S. companies are unavailable in mainland China, Hong Kong has generally remained accessible to some of those services, often under usage limitations established by the providers.
The developments also follow recent actions by the U.S. government targeting exports of advanced AI technology. Earlier this week, U.S. Commerce Secretary Howard Lutnick sent a letter to Anthropic CEO Dario Amodei directing the company to suspend exports of its Mythos and Fable AI models to destinations worldwide and to all foreign nationals. The order cited concerns that the models could be used by military intelligence entities in China, Russia and other countries identified as security concerns.
President Donald Trump said on Wednesday that discussions with Anthropic are “going fine.”
The reported decisions by JPMorgan and Goldman Sachs underscore how financial institutions are increasingly navigating a complex environment where AI adoption intersects with evolving geopolitical, regulatory and security considerations.
This analysis is based on reporting from Reuters.
Image courtesy of The Forage.
This article was generated with AI assistance and reviewed for accuracy and quality.
