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OpenAI nears record-breaking $40bn funding deal as valuation doubles

OpenAI, the maker of ChatGPT, is in discussions to raise close to $40 billion in fresh funding—almost doubling its valuation to as high as $340 billion, according to reports. The San Francisco-based company was last valued at $157 billion in October, when it secured $6.6 billion of investment. Microsoft led a previous round of financing totalling $10 billion, integrating OpenAI’s technology into its suite of Office products and significantly boosting the AI startup’s profile. Under...

Homebase owes £650m unsecured debt as administration details emerge

Homebase collapsed into administration in November, revealing it owed more than £650 million to unsecured creditors including AO World, Halfords, and The Hut, according to documents newly filed at Companies House. Teneo, the appointed administrator, disclosed that unsecured non-preferential creditor claims totalled £657 million—a sum that includes around £100 million owed to trade creditors. Unsecured creditors rank behind secured creditors in any repayment process, making it unlikely they will recoup outstanding funds. The breakdown of...

Trump Media turns to cryptocurrency with new truth.fi venture

Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new brand dubbed Truth.Fi. The announcement sent shares in TMTG—owner of the Truth Social platform—up 15% in pre-market trading on Wednesday. Under the Truth.Fi banner, TMTG says it will invest up to $250m in investment accounts and “Bitcoin and similar cryptocurrencies or crypto-related securities”. The funds will be managed by the brokerage...

MuxCap.com Reviews | How Safe Are the Platform Traders? Is There Room for Improvement at MuxCap?

Security is a top priority in the world of online trading! A platform can boast a vast selection of markets, cutting-edge tools, and customized features, but without robust security measures, traders’ trust will remain elusive. MuxCap.com has garnered attention as one of the standout players in the online trading landscape, praised for its wide-ranging features and dedication to user safety. But how secure is MuxCap.com? Unlike other MuxCap.com reviews, this comprehensive security review explores whether...

Building Smiles and Futures: The Journey of Dr. Ammar Idlibi

Dr. Ammar Idlibi is not your typical pediatric dentist. Based in Bristol, Connecticut, he’s known not just for fixing cavities but for changing the way families think about oral health. His journey from an aspiring dentist to a leader in his field is both inspiring and deeply human. It’s a story of passion, innovation, and a drive to help others. A Lifetime of Learning Dr. Idlibi’s path to dentistry wasn’t just about following a career;...

Reeves gives official backing to plans for a third runway at Heathrow

Chancellor Rachel Reeves has given her official backing to plans for a third runway at Heathrow, arguing that the expansion could create more than 100,000 jobs and significantly boost the nation’s economic output. “A third runway is badly needed,” she said, pointing to projections suggesting a 0.43% rise in potential GDP by 2050 if the airport is expanded. Reeves emphasised Heathrow’s central role in the UK’s global connectivity, noting that the airport facilitates three-quarters of...

Jaguar land rover sees profits dip by 17% despite record quarterly revenue

Jaguar Land Rover (JLR) has reported a 17% drop in quarterly profit, down to £523m in the final three months of last year, even as the automotive group achieved its best third-quarter revenue on record. The company’s sales for the period rose 2% year-on-year to £7.5bn. However, over the first nine months of its financial year, total revenue remained flat at £21.2bn. Despite the quarterly decline, JLR said year-to-date profits have increased 7% to £1.6bn,...

Chancellor needs to stop relying on selling futures and rethink economic strategy for the present

Leading audit, tax and advisory firm Blick Rothenberg is calling on the Chancellor, Rachel Reeves, to reconsider her approach to boosting the UK economy. According to Partner Simon Gleeson, the government’s current focus on large-scale, long-term infrastructure projects overlooks pressing political and economic realities. “The Chancellor gave a speech today outlining her plans for improving the UK’s growth,” Gleeson said. “However, ‘growth’ seems to have become a catch-all term that sidesteps the real challenges facing...

Lloyds Banking Group announces closure of a further 136 branches

Lloyds Banking Group has announced plans to close another 136 high-street branches across the UK, with 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites scheduled to shut between May and March 2026. The move follows the bank seeing that more and more customers are conducting day-to-day transactions via digital platforms, with over 20 million people now accessing Lloyds, Halifax and Bank of Scotland services through apps. Employees affected by the closures will be...

The Secret to Staying Energized for Busy Business Owners: Habits That Actually Work

As a busy business owner, managing your energy is very important for maintaining productivity and well-being. Between back-to-back meetings, constant decision-making, and the pressure of growing your business, staying energized can feel like an impossible task. But there are simple, effective habits you can adopt to keep your energy levels up throughout the day. One powerful addition to your routine is the best psyllium husk powder, which helps improve digestion and sustain energy. Let’s dive...