JPMorgan Chase Launches $1.5 Trillion «Security & Resiliency Initiative» to Bolster Critical Industries
JPMorgan Chase has announced a decade-long, US $1.5 trillion initiative aimed at facilitating financing and investments in key sectors crucial to U.S. economic and national security. As part of this strategy, the bank plans to make up to US $10 billion in direct equity and venture capital investments in U.S.-based companies engaged in supply chain and advanced manufacturing, defense and aerospace, energy independence and resilience, and frontier technologies such as AI, cybersecurity and quantum computing. The move reflects JPMorgan’s view that America is too reliant on external sources for critical minerals, manufacturing and technologies, and seeks to leverage its financial capabilities, advisory services and industry relationships to boost domestic resilience.
JPMorgan Chase Launches $1.5 Trillion «Security & Resiliency Initiative» to Bolster Critical Industries