Correction: An earlier version of this article identified the phone Jensen Huang used to take President Trump’s call as the Apple iPhone Duo. That was incorrect: The device appears to be a Samsung Galaxy Fold 8. The article has been updated to remove references to the iPhone Duo and conclusions based on that error.
Jensen Huang made headlines Monday at the All-In conference in Los Angeles when President Trump called him, live, on stage. But there was something else worth noting about his appearance. Huang, dressed in his now signature crocodile skin jacket, received a folding phone to answer it.
Once Trump spoke, the conversation turned to AI safety and the two seemed to agree that growing fears about AI amounts to what Trump called a “hoax.” Trump argued that the real winners of the AI panic are China and the “political people,” and that the technology is too big (“bigger than the Internet,” he said) to stop. (“Did you hear that? Thousands of people are applauding,” Huang told Trump during the same exchange.)
Whether Huang really shares that same opinion or is not in a position to say otherwise, we will never know. Nvidia’s business model relies heavily on AI labs buying more chips, so minimizing existential risk is the only course of action if you care about your company’s stock price. (It’s still up 33% over the past year, but it’s down a few percentage points today.)