Fox News AI Newsletter: Trump shreds AI doomer ‘hoax’

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Trump dismisses AI doomsday warnings ahead of meeting with Xi

‘Outnumbered’ panel analyze requests from Anthropic and OpenAI executives for federal artificial intelligence regulation ahead of the midterm elections.They react to President Donald Trump’s dismissal of doomsday scenarios and White House tech advisor David Sacks’ opposition to development pauses.

� Artificial Intelligence newsletter with the latest AI technology advancements.

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 whichthe president dismissed fearsthat 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 willdelay 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 helptailor cancer treatmentsand 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 anew 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.”

OpenAI CEO Sam Altman speaks during the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C., July 22, 2025.(REUTERS/Ken Cedeno)

PLAYING SAFE:OpenAI CEO Sam Altmanoutlined two scenariosthat he sees could derail progress in developing artificial intelligence (AI) and must be avoided.

OPINION:The cat is out of the bag.Simmeringconcerns about AI agentsgoing 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 fortighter 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 movementknown 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 tofoster open artificial intelligence (AI) modelsto compete with those made by Chinese firms.

An Amazon Web Services data center in Stone Ridge, Virginia, on Sunday, July 28, 2024.(Nathan Howard/Bloomberg via Getty Images)

‘DOOM’ AND BOOM:“Doomer”-driven AI regulationcould kneecap the U.S.

WAKE-UP CALL:Former President Barack Obama urged Democrats during a private fundraiser in New York City Thursday to place artificial intelligence near the center of their political agenda ahead of the midterms and 2028 presidential race while warning that the technologycould become dangerouswithout greater oversight as voters increasingly raise concerns about jobs, privacy and data centers.

GUARDRAIL DEBATE:House Speaker Mike Johnson, R-La.,rejected an emergency moratoriumon artificial intelligence development Sunday during CNN’s “State of the Union,” warning that slowing American innovation could allow China to pull ahead as tech executives and lawmakers intensify calls for new AI safety measures.

NUCLEAR ECHOES:Anthropic CEO Dario Amodei on Sunday compared the U.S.-China artificial intelligence (AI) race to theCold War with the Soviet Union,warning both nations must manage the threat of “potential destruction” from each other.