AIMPACT update, April 29 (UTC+8): According to monitoring by Beating, employees at Goldman Sachs’ Hong Kong office have been unable to access Anthropic’s Claude models via the firm’s internal AI platform for several weeks. The restriction is enforced geographically: employees traveling to Hong Kong from abroad are also blocked from access during their stay. The affected users are primarily software engineers who used Claude for coding and financial modeling. Goldman Sachs has interpreted its contract terms with Anthropic strictly and, after consultations with Anthropic, concluded that Hong Kong employees should not use any Anthropic products. An Anthropic spokesperson told the Financial Times that Claude was never officially “supported” in Hong Kong but declined to provide further details. This restriction does not apply to other AI providers such as OpenAI; Goldman Sachs employees can still access ChatGPT and Gemini through the internal platform. The primary concern driving U.S. AI companies to restrict Hong Kong usage is “distillation”—local institutions training their own models by heavily utilizing outputs from foreign models. While ChatGPT and Claude have been blocked in mainland China, Hong Kong previously operated largely unrestricted, with usage boundaries set by U.S. companies themselves. As the hub for global banks’ investment banking and cross-border transactions in Greater China, the inability of Hong Kong staff to use the most advanced models may put them at a competitive disadvantage. The Financial Times has been unable to confirm whether other banks or corporations have implemented similar restrictions. (Source: BlockBeats)
Goldman Sachs Hong Kong employees are prohibited from using Claude
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Summary
Employees of Goldman Sachs Hong Kong are now blocked from using Anthropic’s Claude model via the firm’s internal AI platform, effective April 29 (UTC+8). The restriction affects software engineers who relied on Claude for coding and financial modeling. The firm cited contractual terms and distillation risks. Anthropic stated that Claude was never officially supported in Hong Kong. Other AI tools, such as ChatGPT and Gemini, remain accessible. This AI and crypto news update underscores ongoing regulatory and operational challenges in the region for global banks.
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