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British Steels Scunthorpe site costing £1.3m a day to run
Posted onThe report highlighted £15m was spent on advisers between 12 April 2025 and 31 January 2026, and £359m to British Steel for operating activities, such as paying for raw materials and payroll, while £3m was spent on legal and other costs at the North Lincolnshire plant.
OpenAI offers rival AI to UK banks blocked from Claude Mythos
Posted onFormer UK Chancellor George Osborne, who is now a senior executive at OpenAI, told the BBC that Bailey had not contacted him directly. He said his firm did not want to “hide [5.5 Cyber] away or keep it to ourselves” but confirmed that, like Mythos, it would not become available to all.
Nvidia shares soar after beating earnings forecast
Posted onChip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said revenue for the three months to October jumped 62% to $57bn, driven by demand for its chips used in AI…
The Dutch village at risk of being demolished
Posted onThe arguments playing out in Moerdijk echo wider dilemmas across the Netherlands. The country is densely populated, and has long struggled to balance competing demands on a finite area of land – housing, farming, nature, transport, industry, and now the infrastructure needed to support large-scale renewable energy projects.
