JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon is reportedly urging corporate leaders to join a U.S.-focused industry group aimed at addressing AI-related risks as businesses rapidly adopt artificial intelligence.
Dimon has personally contacted CEOs of major banks, regional lenders, and IT companies to expand the Alliance for Critical Infrastructure (ACI), a JPMorgan-backed initiative aimed at strengthening critical infrastructure security, Reuters reported on Wednesday.
The ACI and Dimon have reached out to more than 40 companies across critical infrastructure sectors to discuss cybersecurity collaboration, with calls planned for August. The outreach began in July, but the ACI has not yet disclosed any results, as per the report.
The initiative aims to improve understanding of AI’s uses, risks, and safeguards while collaborating with the Trump administration. Recent cyberattacks on U.S. water systems have also underscored the need for greater information sharing across industries.
JPMorgan, a founding member of the ACI initiative, alongside Mastercard Inc. (NYSE:MA), Berkshire Hathaway Energy of Berkshire Hathaway Inc. (NYSE:BRK) and others, is helping expand the group’s AI efforts to strengthen coordination and resilience against cyber, physical, and geopolitical threats. CEO Jamie Dimon said in a statement to the publication that ACI recognized the importance of prioritizing AI years ago and brought critical infrastructure companies together to address the challenge.
AI concerns are mounting as adoption accelerates, with regulators and industry leaders warning the technology could enable more cyberattacks and expose critical infrastructure and financial systems to new risks.
In July, Dimon warned that Anthropic‘s Mythos AI model poses serious security risks, saying U.S. officials are actively addressing the issue. He cautioned that broadly distributing such powerful AI could be like “giving ballistic missiles to individuals.”
Washington Ramps Up AI Oversight
The U.S. government has increased coordination with the AI industry to manage risks from advanced AI systems, launching the Gold Eagle initiative in July to help AI developers, critical infrastructure operators, and federal agencies share information on vulnerabilities and coordinate responses.
Last week, President Donald Trump said his administration is considering new safeguards for artificial intelligence after OpenAI disclosed its Hugging Face AI breach incident. While acknowledging the need for stronger oversight, Trump emphasized that any regulations must not slow U.S. innovation or allow China to gain an edge in the global AI race, saying the administration is focused on both safety and maintaining American leadership in AI.
Meanwhile, U.S. concerns over Chinese open-weight AI models grew after Beijing-based Moonshot AI launched its Kimi K3 model, which matched leading OpenAI and Anthropic systems on some benchmarks. The release prompted the Trump administration to renew efforts to restrict foreign open-source AI models amid allegations that Moonshot AI violated U.S. intellectual property rights.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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