JPMorgan CEO Jamie Dimon Quietly Rallies CEOs to Join AI Risk Group

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JPMorgan Chase CEO Jamie Dimon is personally contacting CEOs of major banks, regional lenders, and IT companies to expand the Alliance for Critical Infrastructure, a JPMorgan-backed initiative focused on AI-related risks. The outreach, which began in July, has reached more than 40 companies across critical infrastructure sectors, with calls planned for August, though no results have been disclosed. The group aims to improve understanding of AI uses, risks, and safeguards while collaborating with the Trump administration, as recent cyberattacks on U.S. water systems highlight the need for greater information sharing. JPMorgan is a founding member alongside Mastercard, Berkshire Hathaway Energy, and others, and Dimon stated that ACI recognized the importance of prioritizing AI years ago. The push comes as regulators warn that AI could enable more cyberattacks and expose critical infrastructure to new risks, with Dimon previously cautioning that broadly distributing powerful AI could be like giving ballistic missiles to individuals.

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JPMorgan CEO is leading the expansion of the AI risk group, positioning the bank as a proactive leader in addressing AI-related risks, which could enhance its reputation and regulatory standing.

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