JPMorgan CEO Forges 40-Company Alliance to Combat AI Risks by Year-End
AccBalanced · x · 2026-08-07
JPMorgan Chase CEO Jamie Dimon is assembling an alliance of over 40 companies to address the risks posed by AI.
Co-founded by JPMorgan, Mastercard, and Berkshire Hathaway Energy, the coalition spans critical infrastructure sectors including finance, energy, telecom, and aviation. The initiative was accelerated by a cyberattack on US local water systems in late July. Dimon previously warned that unrestricted AI capabilities are akin to putting ballistic missiles in individuals' hands, and the group aims to be fully operational by year-end.
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