Overview
- BNP Paribas signed a five-year cloud and AI partnership with Google that grants the bank access to Google Cloud infrastructure and Gemini models for internal AI agents.
- The agreement, announced Thursday, limits Google use to less-sensitive tasks such as invoice processing and data management while sensitive customer records and critical systems remain on-premises or with other providers.
- Google confirmed BNP will retain ownership of its data and that that data will not be used to train or tune Google’s models, and BNP said any AI agents will be authenticated, resource-limited, and monitored.
- BNP is keeping a multi-provider strategy by continuing relationships with IBM Cloud and Mistral AI and by investing in on-site data centers and GPU services to meet regulatory and operational needs.
- European rules on operational resilience and data sovereignty plus the bank’s goal to scale AI across many workflows explain the cautious, hybrid approach and signal tighter contractual and technical controls on cloud use going forward.