Dimon Leads 40-Company Effort to Expand AI Risk Coalition for Critical Infrastructure
Dimon Leads 40-Company Effort to Expand AI Risk Coalition for Critical Infrastructure #
JPMorgan Chase CEO Jamie Dimon is leading a corporate effort to address artificial intelligence risks in critical industries, recruiting executives from more than 40 companies across banking, energy, utilities, telecommunications, airlines and railroads, according to sources familiar with the initiative cited by Reuters and Tech Startups.
The campaign began in July and focuses on expanding the Alliance for Critical Infrastructure (ACI), an industry group JPMorgan co-founded with Mastercard, Berkshire Hathaway Energy and other companies. Dimon has directly contacted CEOs of major banks, regional lenders and technology companies. Group discussions are scheduled for August, and the expanded coalition is expected to be operational by year-end.
The companies being recruited operate infrastructure where a failure caused by a cyberattack, software error or compromised AI system could extend well beyond a single corporate network. AI systems are being deployed across all of these sectors simultaneously.
The ACI’s expanded mandate would give member companies a shared forum to discuss how they are deploying AI, what risks they are encountering, and what safeguards may be needed. Participants are also expected to coordinate with the Trump administration on technology and AI-related threats, according to people familiar with the plans. Recent cyberattacks on US water systems were cited by Benzinga as a factor in the group’s formation.
Dimon has warned for years about the dangers of advanced AI in the wrong hands. The coalition puts institutional structure behind those public statements. JPMorgan is the country’s largest bank.
Both regulators and industry leaders have warned that increasingly capable AI systems could enable more sophisticated cyberattacks and expose financial and physical infrastructure to new categories of risk.
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