JPMorgan Chase will invest 10 billion dollars in strategic companies for the US, focusing on defense, technology, energy, and supply chains.

JPMorgan Chase has announced a ten-year strategic plan, titled the Security and Resiliency Initiative, through which it will allocate up to 10 billion dollars to essential companies for the national security of the USA. The investments will focus on defense, advanced technologies such as artificial intelligence, energy, and supply chains. CEO Jamie Dimon emphasized the need to reduce dependence on unreliable external sources and proposed the elimination of regulations that affect competitiveness. The program aims to support 27 industries and will include new hires and an external advisory council.