JPMorgan Chase is temporarily clamping down on the use of ChatGPT among its employees, as the buzzy AI chatbot explodes in popularity.
The biggest US bank has restricted its use among global staff, according to a person familiar with the matter. The decision was taken not because of a particular issue, but to accord with limits on third-party software due to compliance concerns, the person said. JPMorgan Chase\n \n declined to comment. ChatGPT was released to the public in late November by artificial intelligence research company Open AI.
The viral success of ChatGPT has kickstarted a frantic competition among tech companies to rush AI products to market. Google recently unveiled its ChatGPT competitor, which it’s calling Bard, while Microsoft\n \n , an investor in Open AI, debuted its Bing AI chatbot to a limited pool of testers. But the releases have boosted concerns about the technology. Demos of both Google and Microsoft’s tools have been called out for producing factual errors.
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