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OpenAI reportedly claims it has evidence China’s DeepSeek ‘used its model’ to train AI chatbot – business live

White House advisor David Sacks says there is ‘substantial evidence’ of DeepSeek using OpenAI technology

South West Water owner Pennon Group has fallen to its lowest level in 13 years after saying it would raise £490m to carry out the increased investment required by the regulator.

Pennon’s share price fell by as much as 7.8% on Wednesday morning after it announced the rights issue. It was the biggest faller on the FTSE 250 index of mid-sized companies in early trading, before recovering some of its losses.

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