President Donald Trump called Nvidia CEO Jensen Huang during a live All-In Summit panel in Los Angeles on September 14, 2026, and used the roughly five-minute exchange to reject calls for moderating artificial-intelligence development. Trump called fears of catastrophic AI outcomes a hoax, said robots would not take over the world, and described data centers as the oil of the next 20 to 25 years, potentially exceeding the internet in strategic and economic importance. Huang agreed that the United States would not permit a slowdown that could benefit competitors. The intervention followed Trump’s Truth Social posts calling AI-safety concerns a sick conspiracy and a hoax, and came days after Anthropic CEO Dario Amodei published We Must Pace the Frontier, which urged third-party evaluators, coordination among democratic countries and eventual global arrangements to keep safety controls aligned with rapidly improving frontier models. OpenAI CEO Sam Altman and Elon Musk publicly supported Amodei’s essay. The dispute places technical questions about model safety alongside a national industrial strategy centered on data-center construction, energy supply and competition with China. Lawrence Berkeley National Laboratory projected that U.S. data centers could consume 9.5% to 15.3% of national electricity by 2030, with a reference case near 11.8%, or roughly 649 terawatt-hours. The U.S. Energy Information Administration projected record power demand in 2026 and 2027; Goldman Sachs Research estimated data-center demand could rise from 31 gigawatts in 2025 to 66 gigawatts by 2027; and Moody’s Ratings estimated roughly $110 billion in new generation capacity would be needed through 2030. Moody’s also estimated annual system costs could increase by $25 billion to $30 billion. Local resistance over electricity prices, water use and land consumption is therefore likely to remain in tension with state incentives and federal support for AI infrastructure. Nvidia’s market capitalization was near $5.1 trillion at the event, reflecting the company’s central position in AI compute hardware. The supplied material also promotes KuCoin 5.0, described as launching in October with unified trading accounts, access to stocks, indices and commodities, tokenized real-world assets, KCUSD stablecoin yield of 4%, an AI assistant, and security claims including a MiCAR-licensed EU entity, verifiable Proof of Reserves, SOC 2 Type II and ISO 27001:2022 certification. The material includes an investment-risk disclaimer and advises readers to conduct their own research.