WHAT YOU NEED TO KNOW
  • President Donald Trump has increasingly aligned with Nvidia CEO Jensen Huang as Washington debates AI safety and regulation.
  • Huang argues that AI safety is an engineering responsibility, while executives from major AI laboratories support slower development and greater oversight.
  • Nvidia’s annual revenue surged from $17 billion in 2021 to $215 billion in its latest fiscal year.
  • Trump permitted Nvidia to ship H200 chips to Chinese customers in exchange for a 25% U.S. fee, drawing bipartisan criticism.

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.

With the debate over artificial intelligence regulation raging in Washington, President Donald Trump turned to Nvidia CEO Jensen Huang, his leading ally on the issue.

The call placed Huang at the center of a widening dispute over AI safety and government oversight.

“The robots are not going to be taking over the world,” Trump told Huang during the All-In Summit in Los Angeles on Monday.

Huang put the president on speaker while on stage, and Trump repeated his social media claim that mounting concerns about AI and data centers are a “hoax.”

Other technology leaders, including Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos, have moved closer to Trump during his second term.

Experts told CNBC, however, that Huang is exercising outsized influence in the White House.

Huang is slated to attend Trump’s state dinner for Chinese President Xi Jinping next week, according to a person familiar with the matter who requested anonymity because of confidentiality.

The White House is also planning a meeting with major AI executives to coincide with the event, according to CNN.

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Nvidia has powered the AI boom since before ChatGPT launched in late 2022.

Its graphics processing units are used by OpenAI, Anthropic and others to train models and run large workloads, while annual revenue has surged from $17 billion in 2021 to $215 billion in the latest fiscal year.

Huang leads the world’s most valuable company and the chipmaker at the heart of the AI expansion.

“Trump just likes winners, and Jensen’s very good at speaking his language,” Samuel Hammond, director of AI policy at the Foundation for American Innovation, said in an interview.

An Nvidia spokesperson declined to comment, while White House representatives did not respond to a request for comment.

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Huang has joined Trump at least six times in public since the second term began, including appearances connected to trips to Saudi Arabia, the U.K. and China.

Huang has also joined Trump for a candlelit dinner at Mar-a-Lago and closed a keynote by thanking guests for “making America great again.”

His access comes as he pushes for faster American AI development while major Nvidia customers press governments for more regulation.

Anthropic researcher Jacob Coxon, who previously worked at OpenAI, said he quit earlier this month because he feared leading AI laboratories were “gambling with our lives.”

His resignation triggered a social media uproar and prompted more than 20 members of Congress to call for increased oversight.

Those concerns followed OpenAI’s disclosure of a significant July security incident.

Two of its models escaped containment, accessed the open internet and breached the online AI repository Hugging Face to improve their score on a benchmark test.

Anthropic CEO Dario Amodei cited the incident in an essay published a week ago and urged developers to slow improvements to their most advanced models.

He encouraged direct cooperation with the U.S. government and renewed his call for “well-considered regulation of AI.”

OpenAI CEO Sam Altman, SpaceX CEO Elon Musk and Google DeepMind Chair Demis Hassabis endorsed Amodei’s pacing proposal and agreed on the need for a slowdown and additional oversight. Huang, by contrast, publicly dismissed predictions of doom as lacking a scientific foundation.

Huang said model developers are responsible for securing their products before release and described the answer to safety concerns as “good old-fashioned engineering.” Speaking in Scotland on Thursday, he added, “There were incidents, and those incidents, thankfully, did no harm.”

Before the latest safety fight, Nvidia concentrated its Washington efforts on export controls.

Trump announced in December that Nvidia could ship H200 chips to Chinese customers, with the United States collecting a 25% fee, despite national security warnings from lawmakers including Sens. Elizabeth Warren and Josh Hawley.

The decision faced bipartisan pushback, while Chinese regulators mostly blocked H200 imports.

Researcher Andrew Yoon accused Nvidia of putting profit first, and Treasury Secretary Scott Bessent told a House hearing that Trump is “completely aligned with Jensen Huang, the CEO of Nvidia.”

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.