Fox News AI Newsletter: Trump shreds AI doomer 'hoax', tell me about this news in (https://www.foxnews.com/tech/ai-newsletter-trump-shreds-ai-doomer-hoax)

Here is a summary of the main points covered in that edition of the Fox News AI Newsletter:

• Trump Dismisses AI Doomer Concerns: President Donald Trump made a surprise phone call to Nvidia CEO Jensen Huang during an AI summit, where he dismissed claims that artificial intelligence poses an existential catastrophe to humanity as a “hoax” and strongly argued against pausing or slowing down frontier AI development.

• OpenAI Delays IPO Plans: OpenAI CEO Sam Altman signaled that the company would not go public in 2026, putting its initial public offering on hold due to ongoing concerns regarding AI safety and alignment risks to society.

• Microsoft’s Humanist AI Code: Microsoft released a draft of its proposed “Humanist AI Code of Conduct” to establish baseline development principles and gather industry feedback ahead of a formalized launch.

• Debate over “Effective Altruism” and Regulation: The newsletter highlights political and industry debates over AI regulation, noting pushback from figures arguing that “doomer” narrativesoften linked to the “effective altruism” philanthropic movementcould harm American competitiveness against China and disproportionately favor incumbent tech giants over smaller startups.

• Medical Breakthroughs: On a positive note, researchers reported advancements using AI models to personalize cancer treatments, optimize repurposed medicines, and detect minute biological signals that humans might overlook.

• Political Dynamics: The piece also details comments from lawmakers and leaders, including House Speaker Mike Johnson rejecting pauses on AI innovation, Treasury Secretary Scott Bessent advocating for open models, and former President Barack Obama urging Democrats to address AI-driven impacts on jobs, privacy, and infrastructure.