JPMorgan has launched $2,000 monthly spending limits for some employees using Claude Code, internal messages seen by Business Insider show. The cap, along with a new security effort for some Claude users, marks another evolution in how America’s biggest bank is refining its AI use amid ballooning costs and risks, and reshaping expectations for software
Perplexity could be the latest entrant in the hot AI coding wars. The San Francisco-based AI search startup has created an internal AI coding tool that it may release publicly later, a person familiar with the matter said. For now, Perplexity has dubbed the tool “Teammate” and its engineers have been using it since May,
