BNP Paribas signs five-year cloud and AI deal with Google but keeps sensitive data off public cloud

On September 24, 2026, BNP Paribas, a major French bank, announced a five-year partnership with Google to use its public cloud and Gemini AI models for internal tasks. However, the bank will keep sensitive customer data, such as medical information from its insurance operations, off public cloud infrastructure. BNP's CIO Marc Camus emphasized that the bank will retain its on-premise systems and continue using open-source models and its partnership with French AI firm Mistral. Google confirmed that BNP will retain data ownership and that its data will not be used to train Google's models. The deal's value was not disclosed.