Nvidia Corp.
Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion Monday, allowing the US president to dismiss artificial intelligence dangers as a “hoax.”
US tech stocks slumped on Monday over concern about a potential deceleration in spending. Even while downplaying AI risks, Huang praised an Anthropic PBC researcher who resigned over the fears. Whistleblowers should be taken seriously inside organizations, he added. The potential danger of AI to humanity has become a topic of intense discussion in recent days. Nvidia, whose chips help run artificial intelligence models, has been the top beneficiary of a massive AI infrastructure build-out. Trump, meanwhile, has emerged as a fierce advocate for data center construction, even in the face of growing opposition.
On Saturday, Anthropic CEO Dario Amodei published a 3,800-word essay – later endorsed by OpenAI CEO Sam Altman and SpaceX CEO Elon Musk – proposing a slowdown. Shares of Nvidia, the world’s most valuable company, fell 3.4%.
The employee, Jacob Coxon, was courageous to voice his concerns, the CEO said. After Coxon resigned, saying Anthropic and OpenAI were “gambling with our lives,” calls have grown to curb the pace of development.
