JPMorgan's Jamie Dimon Leads New Industry Initiative on AI Risks

Jamie Dimon

 

JPMorgan's Jamie Dimon Leads Industry Push to Address AI Risks


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NEW YORK — August 5, 2026

JPMorgan Chase Chief Executive Jamie Dimon is leading a new effort to bring together major U.S. companies to strengthen cooperation on managing risks linked to artificial intelligence (AI), according to people familiar with the initiative.

The effort expands the work of the Alliance for Critical Infrastructure (ACI), an organization that helps companies coordinate on security and resilience issues affecting essential services. The initiative aims to improve information sharing on AI-related threats and develop common safeguards as businesses rapidly adopt the technology.

People familiar with the discussions said Dimon has personally contacted chief executives from large banks, regional lenders, information technology companies, and other critical infrastructure operators to encourage participation. More than 40 companies from sectors including finance, energy, water, utilities, telecommunications, aviation, and rail transportation have reportedly been approached.

The expanded collaboration is expected to focus on understanding how AI is being used across industries, identifying potential security risks, and working with U.S. government agencies to improve preparedness. Participants also plan to share information on emerging threats and coordinate responses when necessary.

The initiative comes as governments and businesses increase attention on the cybersecurity challenges associated with advanced AI systems. Recent cyberattacks targeting public infrastructure, including water systems in parts of the United States, have reinforced concerns about protecting critical services from evolving digital threats.

JPMorgan was among the founding members of the Alliance for Critical Infrastructure alongside companies including Mastercard and Berkshire Hathaway Energy. The organization was created to improve cooperation across industries on cyber, physical, and geopolitical risks affecting essential infrastructure.

In a statement, Dimon said the alliance recognized the importance of prioritizing AI security several years ago and helped encourage cooperation among companies responsible for critical infrastructure.

The Alliance for Critical Infrastructure also said stronger cooperation between government agencies and private companies is becoming increasingly important as cyber threats continue to evolve. The organization plans to expand its work on AI security and aims to have the updated initiative fully operational before the end of the year.

The project is separate from other industry efforts focused on testing advanced AI systems. Instead, it is intended to provide an ongoing platform where companies can exchange information, identify emerging risks, and support the development of practical safeguards for AI technologies.

The U.S. government has also increased collaboration with private industry on AI security in recent months, launching initiatives that bring together technology companies, infrastructure operators, and federal agencies to identify vulnerabilities and improve protections for critical systems.