Goldman Sachs,JPMorgan Chase have both stopped using AI models from U.S. firm Anthropic in Hong Kong,showing how U.S. restrictions hit China's access to advanced tech. Goldman made call in April,JPMorgan followed last week. Both pointed to strict readings of Anthropic's terms,which match U.S. export controls .
Concerns now swirl around Hong Kong's financial sector . Financial Times warned that cutting off cutting-edge AI could stall city's bid to reclaim its global finance status. Rapid AI adoption is key,especially in coding,which is now crucial in finance.
U.S . national security concerns led Anthropic to cut access in just 90 minutes. Financial players might look elsewhere. If U.S. models stay blocked,companies could lean more on Chinese AI,which is often cheaper. This shift could boost China's growing AI scene…
