According to Jinshi.com, JPMorgan Chase (JPM.N) has restricted its employees from using ChatGPT, becoming the latest organization to restrict the use of OpenAI chatbots in the workplace after Amazon (AMZN.O) and several US universities. The ban was not triggered by a specific incident or accident, but was part of the company's "normal control of third-party software." The report added that the restriction applies to employees in all departments of the financial services giant. It is unclear whether other financial institutions will follow JPMorgan Chase's lead in imposing similar restrictions on the use of ChatGPT.

Last month, Amazon warned its employees not to share any code or confidential information about the company with OpenAI's chatbot. In addition to the company, several major educational institutions in the United States have banned the use of ChatGPT in the classroom. Teachers are concerned that tools like ChatGPT will make it easier to cheat on exams and assignments.

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