Bank of America Corp., Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group Inc. and Wells Fargo & Co. are among lenders that have recently banned usage of the new tool, with Bank of America telling employees that ChatGPT and openAI are prohibited from business use, according to people with knowledge of the matter.
In a regular, routine reminder of unauthorized apps including WhatsApp, BofA added a reference to ChatGPT specifically, and has repeated in internal meetings that new technology must be vetted before it can be used in business communications, the people said.
At Deutsche Bank, staff aren’t allowed to use Chat GPT anymore and access to it has been disabled, a spokesperson for the lender said.
Source: Wall Street Banks Are Cracking Down on AI-Powered ChatGPT – Bloomberg
