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JPMorgan Chase blocks Hong Kong staff from accessing Anthropic's Claude models

by TechDefused Newsroom
The image features the towering glass facade of a corporate building, prominently displaying the name 'J.P. Morgan' at the top. It is captured from a low angle, creating an imposing view against a clear sky. — Credit: Photo by IKECHUKWU JULIUS UGWU on Unsplash c Photo by IKECHUKWU JULIUS UGWU on Unsplash

JPMorgan Chase has stopped its Hong Kong-based staff from accessing Anthropic's Claude models, the Financial Times reported, citing three people familiar with the matter.

The bank removed Claude from a drop-down list of approved large language models after concerns about the wording of Anthropic's usage terms in its licensing agreement prompted the change, the report said.

Anthropic, the AI company whose models include Claude, has faced similar restrictions inside Wall Street firms, with Goldman Sachs removing Claude from an approved-tools list for its Hong Kong bankers in April.

The moves sit amid rising U.S.-China tensions over artificial intelligence, data security and access to advanced computing tools, and follow wider limits on U.S. model availability in mainland China while Hong Kong has remained a partial market under U.S. usage rules.

Earlier this week, U.S. Commerce Secretary Howard Lutnick, in a letter to Anthropic CEO Dario Amodei, ordered the company to suspend exports of its Mythos and Fable models to destinations worldwide and to all foreign nationals, citing concerns they could be used by military intelligence users in China, Russia and other countries of concern.

President Donald Trump said negotiations with Anthropic are "going fine."

by TechDefused Newsroom