New Group Chaired By Dimon Urges Private Sector Collaboration On Ai Threats

A new group chaired by JPMorgan Chase chief Jamie Dimon has linked up nearly 50 of the country’s leading CEOs to explore ways to gird the U.S. economy against threats from artificial intelligence models and rogue actors.

The Alliance for Critical Infrastructure announced this morning that it had expanded its ranks by nearly fivefold since launching in February. In addition to its founding members — who include leaders from AIG, AT&T, Berkshire Hathaway Energy and Mastercard — AIC’s roster now features Big Tech heavyweights like Sundar Pichai of Google, Satya Nadella of Microsoft, Andy Jassy of Amazon and John Ternus of Apple.

The bleeding-edge chipmaker Nvidia — which is led by Jensen Huang, one of the most powerful figures in global tech and a literal voice in President Donald Trump’s ear on AI policy — has also signed on.

“Strong public-private partnership has always been one of the country’s greatest strengths,” Dimon said in a statement. “It is of utmost and immediate urgency that we come together to help protect our national security and all the people who depend on it.”

Consider it corporate America’s response to heightened and increasingly broad-based concerns about AI’s unchecked development. ACI’s expanded efforts come as a majority of voters say they view the technology as a threat to humanity and tech leaders warn about the potential for future crises.

Dimon hasn’t been shy in his views about cybersecurity risks posed by AI — particularly since Anthropic’s launch of its Mythos model this spring. And while he’s described the technology as being a “key to the future,” he used his connections in the Trump administration this spring to spur conversations about the need to engage private sector leaders to set guardrails around its use.

Fears of a potential AI-driven collapse of humanity have injected new urgency into those efforts. Trump met with leaders from the AI industry Tuesday — including Huang, former adviser Elon Musk and Anthropic’s Dario Amodei — and the president’s immediate takeaway was that “there’s a belief that there should be tremendous self-regulation.”

“We automatically have regulation with the Department of Justice, the FBI, and all of that,” Trump said. “But the self-regulation is very important.”

Trump — along with key allies in Silicon Valley — has downplayed the apocalyptic prognostications, particularly after former Anthropic engineer Jacob Coxon’s warnings of existential threats set off shock waves across Washington. But ACI’s growth makes clear, at this point, that there’s a clear appetite within corporate America for coordinating against threats that are percolating across financial services, health care, energy and physical infrastructure.

“What sound policy looks like is when the private sector and the public sector are really working closely, hand in glove together,” said Gordon Smith, a former co-president and chief operating officer of JPMorgan who’s now ACI’s acting CEO. “In the space of cybersecurity, things can always be improved because it's changing so rapidly.”

Other executives who’ve signed on include Chevron’s Michael Wirth, Dan Schulman from Verizon and the leaders of American Airlines, Delta Air Lines and United Airlines. ACI’s roster also now includes the leaders of the eight largest U.S. banks along with Stephen Squieri of American Express, Capital One’s Richard Fairbank, Michael O’Grady of Northern Trust and Bill Demchak from PNC Bank.

ACI has pitched itself as a forum where chief executives can identify shared vulnerabilities, promote the secure adoption of large language models, strengthen open-source code and advance “sound public policy that strengthens the security and resilience of critical infrastructure.”

The group also says it will build response systems to improve recovery times in the event of a major attack.

Smith said that each of the companies that signed on has delegated people to work full time on the project through at least “well into next year.”

“We’ve seen over the course of this summer just how rapidly the next iteration of models has come through, just how quickly they have developed,” Smith said. The aim, he added, is to “leverage the power of these really significant companies and their capabilities across multiple industry sectors to be ready to meet that changing risk environment.”

Benjamin Flatgard, an executive director at JPMorgan who leads the bank’s cybersecurity efforts, said ACI will focus on addressing operational concerns within industries. “In the course of doing that business, I think we will identify policy outcomes and policy recommendations,” he added. “We'll express those appropriately.”

The group's rollout comes months after the White House announced a new initiative — dubbed “Gold Eagle” — that would ostensibly serve as a clearinghouse for identifying and patching weaknesses discovered by advanced AI models.

Flatgard said ACI will “stand ready, ready and willing to help Gold Eagle and support that effort.”