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Dimon Expands Alliance to Rally Critical Infrastructure Firms on AI Risk

The effort aims to align industry resources with federal testing to limit dangerous frontier AI capabilities.

Overview

  • JPMorgan CEO Jamie Dimon is leading outreach to more than 40 companies in finance, utilities, telecoms, transport and other critical sectors to build a U.S.-focused industry forum for AI risk, with calls planned in August and a goal to make the group fully operational by year-end.
  • The initiative seeks a shared industry view of how advanced AI is being used, which risks are most urgent, and what safeguards are needed to work with the Trump administration on testing and mitigation.
  • Dimon has singled out Anthropic’s Mythos as an example of a frontier model that can enable harmful behavior, and recent tests and attacks that exposed exploitable vulnerabilities have driven the push for faster information sharing between operators and developers.
  • JPMorgan is positioning itself to convene and fund parts of the effort through its large Security and Resiliency Initiative and reported annual AI investments of about $2 billion.
  • If the group succeeds it could speed pre-release testing, standardize threat reporting, and push companies and regulators toward tighter gatekeeping of high-risk models, a shift that could change how critical services are defended and how AI is rolled out across infrastructure.