According to OpenAI President Greg Brockman, it was no surprise to the company that some of its models were able to break free of the testing environment — but what's happened since has forced some rethinking. Brockman joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss what OpenAI has learned since the Hugging Face hacking incident and how worried we should be about the AI doomsday scenarios. (Source: Bloomberg)

Zipline is in talks to raise around $1 billion in a funding round that would value the drone delivery and logistics startup at roughly $20 billion, nearly tripling its previous valuation.

A group of 10 banks is providing a $22 billion chip loan to support Blackstone Inc. and Alphabet Inc.’s new cloud venture Crux AI, the latest mega-debt deal in the race to finance the expensive processors crucial to artificial intelligence.

Bloomberg's Anthony Hughes joins Scarlet Fu on "Bloomberg Deals." Anthropic is preparing for its IPO and has picked Nasdaq as its listing venue. The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October, Bloomberg has reported. (Source: Bloomberg)

Bloomberg's Mike Shepard said President Trump's opposition to AI guardrails is another instance of his anti-regulation position across all industries, as well as his closeness with Nvidia CEO Jensen Huang who recently pushed back on fears about AI safety. Shepard said that President Trump is also looking to his meeting with China's President Xi and wants no obstacles around AI heading into that conversation. (Source: Bloomberg)

Stephen Moore, former senior economic adviser to President Donald Trump said that the AI industry is a 'huge factor' in the US economy given both the investment pouring into the space and the data center construction boom. Moore also discussed high oil and diesel prices, saying that as the price of energy rises so does 'everything else.' Despite high energy prices, Moore says he's bullish on the outlook for the US economy. (Source: Bloomberg)

Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation of category-defining AI companies. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also being debated in Washington is if those efforts require government involvement or changes to antitrust rules. […]