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Goldman Sachs and Citi are reportedly restricting employees' use of ChatGPT as big banks crack down on the popular AI tool | Business Insider

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Goldman Sachs and Citi are reportedly restricting employees' use of ChatGPT as big banks crack down on the popular AI tool

among traders on concerns about regulatory action stemming from sensitive financial information being shared with the chatbot, The Telegraph reported this week. Sources told Bloomberg that ChatGPT's restriction at JPMorgan was part of standard procedures involving third-party software.

Bloomberg reported representatives for Citi and Goldman Sachs declined to comment, and a spokesperson for OpenAI, the research firm that developed ChatGPT, didn't immediately respond to a request for comment.

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