Trump Calls AI Threat a Hoax at Nvidia Summit

President Donald Trump picked up the phone on Monday and spoke directly with Nvidia CEO Jensen Huang during the All-In Summit in Los Angeles. The president called it a hoax when critics warned that artificial intelligence poses an existential threat to humanity. He also pushed back hard against demands to slow down frontier AI development.

Huang took the stage before thousands of people at the event and put Trump on speakerphone so the crowd could hear every word. A video shared by the All-In Podcast captured the moment clearly.

"I'm telling you, it's all a hoax," Trump said aloud. "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." He added that opponents are just playing right into the hands of those who don't want this technology to succeed.

"That could be political people," Trump told the room. "It could also be China. And we're not going to let that happen." The president flatly rejected the idea of robots taking over the world. "The robots are not going to be taking over the world," he insisted.

Trump took this stance separately on Truth Social earlier Monday as well. He posted a series of messages defending AI progress while attacking calls for tighter regulation. "AI taking over the World, destroying Humanity, and all other things bad, is a HOAX," Trump wrote in bold letters.

This clash happens right now as debates over safety heat up between Silicon Valley leaders and Washington policymakers. Anthropic CEO Dario Amodei published an essay this weekend urging the industry to slow the pace of frontier AI work. He argued that while benefits are huge, companies must strengthen safeguards as tools grow more powerful.

"AI brings risks," Amodei wrote. "And because it is such a powerful technology, these risks are serious." He listed specific dangers including losing control of systems, misuse for cyberattacks and bioterrorism, and serious economic disruption. His message found strong support from OpenAI CEO Sam Altman and SpaceX CEO Elon Musk.

"Dario is right," Musk posted on X. Altman agreed with the need to pace things carefully. "I agree with Dario that we need to pace the frontier," he wrote in a post of his own. This has been a primary topic of discussions at OpenAI over recent weeks.

Nvidia could not be reached immediately for comment by FOX Business.