OpenAI investors question its valuation
Financial Times
— · 11min
A key UK government official says Britain’s leaders have shown a “corrosive complacency” towards defence, OpenAI’s $852bn valuation is under increasing scrutiny from its own backers and fixed-income traders at Goldman Sachs suffered an unexpected drop in revenues at the start of 2026.
Plus, the FT’s Raya Jalabi explains how Lebanon has become a sticking point in US-Iran negotiations.
Mentioned in this podcast:
https://www.ft.com/content/88b1f17a-28d1-4706-b1ee-cbe6a1278496?accessToken=zwAAAZ4iymr_kdOIsfF6KNFHBtOx7svmoSeElgE.MEQCIGQi3VuRB6Qt1peySyhoKBm8VEX9MuNdl94oRtPWuIPZAiABAyhdxrhkhTkd77guE4DY5NCszcaV8E4xmgXiaLN4AA&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Starmer accused of ‘corrosive complacency’ on UK defence by former Nato chief
https://www.ft.com/content/04ac7917-940b-4606-be5f-9eb895a7d982?accessToken=zwAAAZ4iUmcGks9VAdNHzIRATtOrP2ZgUsYJ-88ErHkXlAtGBtO-X564lafZggE.MEQCIDvk7EkcLIEAs5c8YUVJvkS32QdsgJz3rtBJ17VdNVQPAiAKS3-E723nrLWbs_3FGlEa-dVC9yWiAne5UdYSh-A0Hw&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">OpenAI investors question $852bn valuation as strategy shifts
https://www.ft.com/content/35f3b97a-988d-4925-b550-74cda0e28717?accessToken=zwAAAZ4h5R7dkc8187l6mI1JJdO1UHTNoOKHFwE.MEYCIQC41J_8iMK3sUkR07pNFHqwcwZ0l4PBOGMiU0Uo53COawIhAJkFF4KYeFUyw-H4147HXBzsEmJPrAZPu6CBHbjW756b&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Goldman bond traders take shine off bumper quarter
https://www.ft.com/content/5501d347-cc84-404e-ab3f-666052c609fb?accessToken=zwAAAZ4iUmcGks9VAdNHzIRATtOrP2ZgUsYJ-88ErHkXlAtGBtO-X564lafZggE.MEQCIDvk7EkcLIEAs5c8YUVJvkS32QdsgJz3rtBJ17VdNVQPAiAKS3-E723nrLWbs_3FGlEa-dVC9yWiAne5UdYSh-A0Hw&segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">The 10 minutes that set Lebanon ablaze
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Today’s FT News Briefing was hosted by https://www.ft.com/sonja-hutson" rel="noopener noreferrer" target="_blank">Sonja Hutson, and produced by Saffeya Ahmed.
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Additional help from Michael Lello.
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https://www.ft.com/content/e01dabe1-ed82-4430-9ba1-401073adbdf7" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com
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