JPMorgan Leads New Critical-Infrastructure Alliance on AI Risk

JPMorgan Chase CEO Jamie Dimon is encouraging major U.S. companies to join a cross-industry effort focused on artificial-intelligence risks affecting financial systems and critical infrastructure. The initiative expands the Alliance for Critical Infrastructure, an organization JPMorgan helped establish alongside Mastercard, Berkshire Hathaway Energy and other companies. More than 40 businesses across banking, energy, water, utilities, telecommunications, airlines and railroads have reportedly been approached about participating. The group aims to develop a shared understanding of how companies are deploying AI, the risks created by increasingly capable systems and the safeguards required to protect essential services. It also intends to work with the U.S. government, share information across industries and coordinate responses when new technology or cybersecurity threats emerge. The effort reflects growing concern that AI risk cannot be managed within individual companies alone. Banks, utilities and transportation operators depend on interconnected networks, vendors and cloud platforms. A vulnerability discovered in one industry may therefore affect several others, especially when AI agents can access operational systems or accelerate cyberattacks. The expanded initiative is still being organized, but its formation signals that major infrastructure operators increasingly view AI governance as a collective resilience issue rather than only an internal compliance program.