Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax' President Donald Trump called Nvidia CEO Jensen Huang on speakerphone during the All-In Summit in Los Angeles on Monday and dismissed fears that AI poses an existential threat, saying "I'm telling you, it's all a hoax" and that "the robots are not going to be taking over the world." Trump's remarks, echoed in Truth Social posts calling AI taking over the world a "HOAX," came after Anthropic CEO Dario Amodei published an essay over the weekend urging the industry to "slow the pace" of frontier AI development, a position OpenAI CEO Sam Altman and SpaceX CEO Elon Musk endorsed. Trump said data centers "are the oil of the next 20–25 years" and blamed critics for playing into the hands of "political people" and China. Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax' The remarks came after Silicon Valley leaders urged stronger AI safeguards Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump https://www.foxbusiness.com/category/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 https://www.foxbusiness.com/technology/nvidia-ceo-jensen-huang-declares-agi-has-arrived-after-openai-unveils-gpt-6-astra 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 https://www.youtube.com/watch?v=S7CrlFLAmEA . "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." TRUMP RESPONDS TO RISING AI SAFETY CONCERNS, INSISTS TECH WILL BE 'MORE GOOD THAN BAD' "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 https://www.foxbusiness.com/category/artificial-intelligence 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 https://www.foxbusiness.com/category/fox-news-world , destroying Humanity, and all other things bad, is a HOAX," Trump wrote. TECH CEO WARNS CENTRALIZED AI POWER COULD LEAD TO 'COUNTERFEIT' HUMANS, TECHNOCRATS SEEKING CONTROL 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 https://www.foxbusiness.com/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. SAM ALTMAN IDENTIFIES TWO BIGGEST RISKS FACING AI'S FUTURE The essay also drew support from OpenAI CEO Sam Altman and SpaceX CEO Elon Musk. "Dario is right," Musk wrote on X. GET FOX BUSINESS ON THE GO BY CLICKING HERE 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.