Jensen Huang took a call from Trump, and showed off something else, too
techcrunch.com ∙ 2 days ago
Top line
Nvidia CEO Jensen Huang took a live call from President Trump at the All-In conference, where they discussed AI safety and dismissed regulatory fears.
Summary
During an appearance at the All-In conference in Los Angeles, Nvidia CEO Jensen Huang took a live onstage phone call from President Trump using a foldable device. The conversation centered on artificial intelligence, with Trump dismissing AI safety concerns as a hoax that primarily benefits China and political figures, while arguing that the technology is too massive to slow down. Observers note that Huang's lack of pushback aligns with Nvidia's commercial interests, as the company depends on continuous AI chip sales to labs despite a slight recent dip in its stock price.
Highlights
- Nvidia CEO Jensen Huang received a live onstage phone call from President Trump at the All-In conference in Los Angeles.
- Huang answered the call using a foldable phone, which was initially misidentified in an earlier report as an Apple iPhone Duo.
- During the speakerphone conversation, Trump labeled growing fears surrounding artificial intelligence safety as a "hoax."
- Trump claimed that the true beneficiaries of the AI panic are China and political actors, asserting that AI is larger than the internet and should not be slowed down.
- Huang highlighted the audience's applause to Trump during their exchange.
- Analysts note that downplaying existential AI risks serves Nvidia's business model, which depends heavily on AI labs continuously purchasing chips.
- Following the event, Nvidia's stock fell by a few percentage points, though it remains up 33% for the past year.
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