Goldman Sachs, Cisco and JPMorgan tighten employee AI use limits
Overview
Goldman Sachs, Cisco and JPMorgan Chase are setting budgets, tracking usage and restricting access to some employees or AI tools, according to IThome.
JPMorgan capped some engineers' use of Anthropic's Claude Code at $2,000 per month in September, as reported earlier by Business Insider. Cisco plans token budgets for its managers.
The companies say the controls aim to limit costs and reduce security risks as their AI spending keeps rising.
Written by AI from the articles below · updated Nov 11, 7:24 AM ET
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- IThome · AINewsGoldman Sachs, Cisco and JPMorgan tighten limits on employee AI use
AIGoldman Sachs, Cisco and JPMorgan Chase are setting budgets, tracking usage and restricting access to certain employees or tools for AI. JPMorgan capped some engineers' use of Anthropic's Claude Code at $2,000 per month in September, and Cisco plans token budgets for its managers. The companies say they want to control costs and reduce security risks as AI spending keeps rising.
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