Bank of America, Citigroup, Goldman Sachs Group, and other banks have all restricted employee access to OpenAI's ChatGPT application, according to Financial News and Bloomberg.
The reports come after JPMorgan Chase & Co., the largest U.S. bank, barred ChatGPT access among its global workforce.
ChatGPT is now on BofA's list of unauthorized apps. The banking giant reportedly told staff that OpenAI and ChatGPT are barred from business use.
The banking industry may be especially concerned about workers using third-party AI software such as ChatGPT because it could result in data and information leaks, potentially breaching government regulations.
