JPMorgan CEO Dimon leads new cross-industry initiative to tackle AI risks

Published Aug 5, 10:03 AM UTC

JPMorgan Chase CEO Jamie Dimon is spearheading a new U.S.-focused industry initiative to address risks posed by artificial intelligence, expanding the existing Alliance for Critical Infrastructure (ACI). Dimon has personally reached out to CEOs of over 40 companies across financial services, energy, water, utilities, telecommunications, airlines, and railroads. The initiative aims to develop a shared understanding of AI usage, risks, and safeguards, and to collaborate with the Trump administration. Recent cyberattacks on water systems have heightened the need for cross-sector information sharing. The ACI, founded by JPMorgan, Mastercard, and Berkshire Hathaway Energy, will serve as an industry response and information-sharing forum. Dimon has previously warned about risks from advanced AI systems like Anthropic's Mythos model. The revamped ACI is expected to be fully functional by year-end 2026.