Key facts
- JPMorgan Chase CEO Jamie Dimon is leading a new cross-industry initiative to address AI risks.
- The initiative involves over 40 companies from critical infrastructure sectors.
- The group aims to develop a shared understanding of AI risks and necessary safeguards.
- The effort is an expansion of the Alliance for Critical Infrastructure (ACI).
- The ACI plans to collaborate with the U.S. government on AI issues.
- The revamped ACI is expected to be fully functional by year-end.
JPMorgan Chase CEO Jamie Dimon is spearheading a new U.S.-focused industry initiative aimed at addressing the risks posed by artificial intelligence as companies rapidly adopt the technology. Dimon has personally contacted CEOs from major banks, IT firms, and other critical infrastructure sectors to join the effort, which is an expansion of the Alliance for Critical Infrastructure (ACI) that JPMorgan helped found.
The initiative seeks to foster a collective understanding of how AI is being utilized, the potential risks it presents, and the necessary safeguards. Over 40 companies across financial services, energy, utilities, telecommunications, airlines, and railroads are involved, with outreach beginning in July. The ACI, which was originally established for cross-sector resilience planning and information sharing on critical infrastructure threats, will serve as the platform for this AI-focused collaboration.
Dimon has been vocal about the risks of advanced AI systems, recently comparing models like Anthropic's Mythos AI to "ballistic missiles." The ACI's effort aims to work with the U.S. government, including the Trump administration, to identify and mitigate core AI and technology risks. Recent cyberattacks on infrastructure have underscored the urgency for enhanced information sharing across industries. The group intends to be fully operational by the end of the year, aligning with broader government efforts like the Gold Eagle initiative, which also focuses on AI vulnerabilities and fixes.