Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against calls to slow frontier AI development.
While speaking on stage at the All-In Summit in Los Angeles, Huang answered the call and placed Trump on speakerphone for the audience of thousands, as shown in a video of the event shared by the All-In Podcast.
"I’m telling you, it’s all a hoax," Trump said. "The data centers are great, and they make people wealthy, and they make states wealthy, and it's the oil of the next 20–25 years."
Trump said critics are "playing right into the hands of a lot of people that don't want to see it happen."
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"That could be political people. It could also be China. And we're not going to let that happen," Trump said.
The president also rejected the idea that AI could pose an existential threat to humanity.
"The robots are not going to be taking over the world," the president added.
Separately on Monday, Trump shared a series of Truth Social posts defending AI development and criticizing calls for increased regulation.
"AI taking over the World, destroying Humanity, and all other things bad, is a HOAX," Trump wrote.
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Trump's remarks come as the debate over AI safety intensifies across Silicon Valley and Washington.
Anthropic CEO Dario Amodei published an essay over the weekend urging the industry to "slow the pace" of frontier AI development.
Amodei argued that while AI could deliver enormous benefits, companies should strengthen safeguards as the technology becomes increasingly capable.
"AI brings risks, and because it is such a powerful technology, these risks are serious. I’ve written a lot about them too. They include the risk of losing control of AI systems, misuse of AI for cyberattacks and bioterrorism, and serious economic disruption," Amodei wrote.
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The essay also drew support from OpenAI CEO Sam Altman and SpaceX CEO Elon Musk.
"Dario is right," Musk wrote on X.
Altman echoed the sentiment, writing: "I agree with Dario that we need to pace the frontier. This has been a primary topic of discussions we've had at OpenAI in recent weeks."
Nvidia could not immediately be reached by FOX Business for comment.