OpenAI investors question its valuation

<p>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.&nbsp;&nbsp;</p><br><p><strong>Mentioned in this podcast:</strong></p><p><a href="https://www.ft.com/content/88b1f17a-28d1-4706-b1ee-cbe6a1278496?accessToken=zwAAAZ4iymr_kdOIsfF6KNFHBtOx7svmoSeElgE.MEQCIGQi3VuRB6Qt1peySyhoKBm8VEX9MuNdl94oRtPWuIPZAiABAyhdxrhkhTkd77guE4DY5NCszcaV8E4xmgXiaLN4AA&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" target="_blank">Starmer accused of ‘corrosive complacency’ on UK defence by former Nato chief</a></p><p><a href="https://www.ft.com/content/04ac7917-940b-4606-be5f-9eb895a7d982?accessToken=zwAAAZ4iUmcGks9VAdNHzIRATtOrP2ZgUsYJ-88ErHkXlAtGBtO-X564lafZggE.MEQCIDvk7EkcLIEAs5c8YUVJvkS32QdsgJz3rtBJ17VdNVQPAiAKS3-E723nrLWbs_3FGlEa-dVC9yWiAne5UdYSh-A0Hw&amp;segmentId=7d4bcc2e-e664-92ba-62e3-5590579f1902" rel="noopener noreferrer" …