Dimon urges companies to join JPMorgan-backed AI risk group

The Alliance for Critical Infrastructure is reaching out to more than 40 firms as businesses accelerate AI adoption and U.S. officials step up oversight of advanced systems.

Summary

JPMorgan Chase & Co. CEO Jamie Dimon is pushing corporate leaders to join the Alliance for Critical Infrastructure (ACI), a JPMorgan-backed effort focused on critical infrastructure security as artificial intelligence adoption accelerates. Reuters reported that Dimon has personally contacted CEOs at major banks, regional lenders and IT companies, and that ACI and Dimon have reached out to more than 40 companies across critical infrastructure sectors about cybersecurity collaboration, with calls planned for August. The outreach began in July, though the group has not yet disclosed any results. The initiative is meant to improve understanding of AI uses, risks and safeguards while working with the Trump administration, as cyberattacks on U.S. water systems add urgency to information sharing across industries. JPMorgan, a founding ACI member alongside Mastercard Inc., Berkshire Hathaway Energy of Berkshire Hathaway Inc. and others, is helping broaden the group’s AI work to improve coordination and resilience against cyber, physical and geopolitical threats.

Terms & Concepts
  • Alliance for Critical Infrastructure: A JPMorgan-backed industry group focused on protecting critical infrastructure.
  • AI: Artificial intelligence systems used for tasks that normally require human judgment.
  • critical infrastructure: Essential systems such as utilities, finance and communications.