Fox News AI Newsletter: Trump shreds AI doomer 'hoax' President Donald Trump called Nvidia CEO Jensen Huang during a Monday summit and dismissed fears that AI poses an existential threat to humanity as a 'hoax,' arguing against slowing frontier AI development. OpenAI CEO Sam Altman separately signaled the company will delay its initial public offering beyond 2026 amid concerns about AI model safety and alignment, while Microsoft published a draft 'Humanist AI Code of Conduct' to govern its AI model development ahead of a revised version later this year. Treasury Secretary Scott Bessent told Congress on Tuesday the U.S. needs to foster open AI models to compete with Chinese firms. Welcome to Fox News' Artificial Intelligence newsletter with the latest AI technology advancements. IN TODAY'S NEWSLETTER: - Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax' - Facebook co-founder Dustin Moskovitz's 'effective altruism' network tied to AI regulation push - Sam Altman says OpenAI's won't go public in 2026 amid AI safety concerns FUTURE ON THE LINE: Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears https://www.foxnews.com/live-news/ai-news-china-trump-artificial-intelligence-big-tech-congress-september-15 that AI poses an existential threat to humanity and argued against calls to slow frontier AI development. LISTING LIMBO: OpenAI CEO Sam Altman signaled that the company will delay its initial public offering IPO https://www.foxbusiness.com/markets/sam-altman-says-openai-wont-go-public-2026-amid-ai-safety-concerns amid concerns about the safety and alignment of AI models given potential risks they could pose to society. DIGITAL GUARDRAILS: Microsoft on Monday revealed a draft of a new "Humanist AI Code of Conduct" https://www.foxbusiness.com/technology/microsoft-unveils-code-conduct-ai-models-safety-concerns-mount that outlines the principles that will govern its development of AI models in an effort to get feedback ahead of publishing a revised version later this year. STEP FORWARD: Researchers are now using artificial intelligence to help tailor cancer treatments https://www.foxnews.com/tech/how-ai-could-transform-cancer-treatment-medicine and uncover overlooked uses for existing medicines. Other systems can search microscopic images or identify subtle biological signals that people could easily miss. OPINION: Every morning brings a new warning about "artificial intelligence" AI https://www.foxnews.com/opinion/morning-glory-spare-us-ai-apocalypse-rhetoric-let-congress-decide-what-comes-next along the lines of, "We are all going to die." By afternoon, or by the next day at the latest, comes the counter-warning: "Stand down. Nothing to see here." PLAYING SAFE: OpenAI CEO Sam Altman outlined two scenarios https://www.foxbusiness.com/technology/sam-altman-identifies-two-biggest-risks-facing-ais-future that he sees could derail progress in developing artificial intelligence AI and must be avoided. OPINION: The cat is out of the bag. Simmering concerns about AI agents https://www.foxnews.com/opinion/liz-peek-ai-alarm-bells-ringing-trump-needs-take-seriously going rogue, plotting against their owners and hacking outside companies, and new systems coming perilously close to being uncontrollable by humans, are boiling over. Industry insiders warning that AI bots might kill us all are stoking our worst nightmares. ZONING WARS: Democratic lawmakers are calling for tighter restrictions on data centers https://www.foxnews.com/politics/trumps-data-center-push-fractures-congress-local-anger-explodes-grasping-straws , while Republicans say the facilities could boost the economy and keep the U.S. ahead in the artificial intelligence AI race. DOOM FOR DOLLARS: Concerns about artificial intelligence spelling doom for the human race are being linked to a "cult-like" philanthropy movement https://www.foxnews.com/politics/facebook-cofounder-dustin-moskovitz-effective-altruism-network-tied-ai-regulation-push known as "effective altruism" supported by billionaire Democratic megadonor and Facebook co-founder Dustin Moskovitz, according to a policy analyst. SOURCING SOLUTION: Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence AI models https://www.foxbusiness.com/technology/bessent-says-us-needs-more-open-source-ai-models-compete-china to compete with those made by Chinese firms. 'DOOM' AND BOOM: "Doomer"-driven AI regulation https://www.foxnews.com/politics/ai-doomers-risk-kneecapping-us-vs-china-ex-pentagon-vet-says-both-extremes-miss-mark could kneecap the U.S. against China while helping tech giants lock in their lead over smaller startups, a former Pentagon AI official who also worked for AI company Palantir Technologies told Fox News Digital. WAKE-UP CALL: Former President Barack Obama urged Democrats during a private fundraiser in New York City Thursday to place artificial intelligence near the center of their political agenda ahead of the midterms and 2028 presidential race while warning that the technology could become dangerous https://www.foxnews.com/media/obama-privately-sounds-alarm-dangerous-ai-urges-democrats-put-issue-center-agenda without greater oversight as voters increasingly raise concerns about jobs, privacy and data centers. GUARDRAIL DEBATE: House Speaker Mike Johnson, R-La., rejected an emergency moratorium https://www.foxnews.com/media/mike-johnson-rejects-ai-moratorium-over-china-threat-conservative-activist-demands-guardrails on artificial intelligence development Sunday during CNN's "State of the Union," warning that slowing American innovation could allow China to pull ahead as tech executives and lawmakers intensify calls for new AI safety measures. NUCLEAR ECHOES: Anthropic CEO Dario Amodei on Sunday compared the U.S.-China artificial intelligence AI race to the Cold War with the Soviet Union, https://www.foxnews.com/media/anthropic-ceo-likens-ai-fight-china-cold-war-seeks-disarmament-negotiations warning both nations must manage the threat of "potential destruction" from each other. Subscribe now to get the Fox News Artificial Intelligence Newsletter in your inbox https://www.foxnews.com/newsletters . FOLLOW FOX NEWS ON SOCIAL MEDIA SIGN UP FOR OUR OTHER NEWSLETTERS DOWNLOAD OUR APPS WATCH FOX NEWS ONLINE STREAM FOX NATION Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here https://www.foxnews.com/category/tech/artificial-intelligence .