In other news, regional lender NYCB's plummeting stock price is causing concerns about further banking turmoil. Amazon's One Medical and Pharmacy units have laid off hundreds of employees. A new sports streaming service from ESPN, Warner Bros., and Fox could potentially disrupt the TV landscape. The report also mentions that YouTube has become one of the largest pay-TV services in the US, and OpenAI has launched a marketplace for generative AI projects.
Key takeaways:
- Business Insider's VC and startups team compiled a list of early-stage companies to bet your career on, including AI community Hugging Face, newsletter platform Beehiiv, and women's health company Maven.
- Despite the challenging startup environment, artificial intelligence sector is still doing great and attracting significant investment.
- Regional lender NYCB's plummeting stock price is causing concerns of further banking turmoil, with its shares tumbling 22% to their lowest level in 25 years.
- ESPN, Warner Bros., and Fox are collaborating to launch a new sports streaming service, which could potentially disrupt the TV landscape.