Bezos launches AI startup with $6.2bn funding
Jeff Bezos appoints himself co-CEO of new AI venture Project Prometheus, securing massive $6.2bn funding and hiring 100 staff from top tech firms. Discover the details.
Category : Search result: startup losses
AI Firms Must Disclose Risks or Face Crisis
Anthropic CEO Dario Amodei warns AI companies must be transparent about risks like job losses and security threats or repeat mistakes of tobacco and opioid industries.
Youth unemployment crisis deepens with 15.3% rate
Youth unemployment surges to 15.3% as under-25s bear brunt of job losses. David Blunkett warns of 'lost generation' as government faces pressure ahead of autumn budget.
Kitchen startup to £5M haircare empire
Lucie Macleod started Hair Syrup with £300 in her parents' kitchen during lockdown. The business now makes millions and is stocked in Boots. Discover her inspiring entrepreneurial journey.
Ineos cuts hundreds of jobs amid debt struggles
Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.
UK Businesses Accelerate Layoffs Amid AI Surge
British companies are rapidly increasing layoffs as artificial intelligence adoption surges and economic uncertainty grows, with London firms leading the trend.
Republican losses linked to voter cost of living fears
A devastating election night for Republicans reveals deep voter anxiety over affordability issues, with Trump's influence failing to counter economic concerns.
BT Bets on Budget Provider Amid Broadband Customer Losses
BT Group makes strategic move to acquire budget broadband provider Plusnet amid ongoing customer losses and intense market competition. Discover how this acquisition aims to bolster BT's market position.
The Entertainer cuts jobs amid rising costs and tax hikes
Britain's beloved toy retailer The Entertainer announces significant redundancies across its UK stores, citing crippling business rates, rising wages and economic pressures.
Republican Wins NYC Mayor in Political Earthquake
In a stunning political reversal, a Republican candidate has captured the New York City mayor's office for the first time in decades, dealing a devastating blow to Democratic strongholds across key states.
£1.5bn plan to stop young entrepreneurs leaving UK
Radical new proposal calls for government-backed startup fund and tax incentives to prevent young business talent from fleeing overseas. Could this be the answer to Britain's innovation exodus?
The £4k Mistake Costing New Investors Thousands
Exclusive research reveals how a simple investment error is costing British newcomers thousands. Discover what the pros know that you don't.
AI Gold Rush: Are Tech Valuations Defying Gravity?
As artificial intelligence companies achieve staggering multi-billion dollar valuations, experts question whether this represents genuine innovation or dangerous market speculation that could reshape global economics.
Pizza Hut Restaurants collapses with 1100 jobs lost
The UK's Pizza Hut Restaurants business has entered administration, leaving behind £30m in debts and resulting in the immediate loss of 1100 jobs across 29 locations.
US Government Shutdown 2025 Costs Economy Billions
The 2025 US government shutdown has triggered staggering economic losses, with new analysis revealing billions in damages and widespread disruption across federal services.
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