Fox News AI Newsletter: Trump shreds AI doomer 'hoax'

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 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) 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" 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 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) 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 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 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 , 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 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 to compete with those made by Chinese firms. 'DOOM' AND BOOM: "Doomer"-driven AI regulation could kneecap the U.S.