Bloomberg

China plans to roll out broad AI safety standards covering development through deployment, targeting domestic AI model makers, according to Bloomberg. The standards come after global security incidents and signal Beijing's push for formalized AI governance.

AI Policy • Techmeme

Physical Intelligence • Unknown

AI robotics startup Physical Intelligence is reportedly in talks to raise more than $1 billion in a round led by Avenir and Lux Capital at a valuation of approximately $20 billion, up from $11.5 billion earlier in 2026, according to Bloomberg sources.

META

Meta's $25 billion share sale was oversubscribed 5x, with demand for about five times the available shares, as the company seeks $98 billion for AI spending. The 15 largest investors in the sale accounted for roughly 70% of shares, according to Bloomberg sources.

Based on the publisher's description: Bloomberg Senior Editor Mike Shepard discusses how disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, with Alphabet and Intel under particular pressure. He also covers the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible.

News • Bloomberg Television

Baseten • Unknown

AI startup Baseten is reportedly raising approximately $2B across two tranches, one valuing it at $26B and the other at $30B, according to Bloomberg sources. The company was valued at $13B in June after raising $1.5B, meaning the new round would more than double its valuation.