Chris Licht leaves CNN, Goldman Sachs lowers recession odds

CNN announced CEO Chris Licht will leave the company. The move comes days after The Atlantic published an article noting that employees had become angry by multiple moves Licht made including a town hall that was held with Former President Trump in May. - Link

Goldman Sachs has lowered the recession probability over the next 12 months from 35% to 25% citing an improvement in U.S. debt ceiling issue and the resolution of the banking crisis. -Link

Sam Altman, the co-founder and CEO OpenAI, informed a small group of developers and startup founders in London that the company has no intentions of releasing additional consumer-facing products like ChatGPT. -Link

The World Bank predicts that the global economy will grow at 2.1% this year due to heightened interest rates, rising inflation, and fallout from the banking crisis. The forecast represents a sharp decline from the 3.1% growth seen in 2022. -Link

Hyperice. Warm up and recover faster with the Hypervolt 2 massage gun and Normatec compression therapy boots. Save $50 off your order of $150 or more with code TWIST50 at checkout on hyperice.com

CEO and Founder of Vistim Labs James Hamet joins Jason, as they discuss the current roadblocks with diagnosing dementia (1:18), before James breaks down how they use AI to detect signs of neurological disease (23:29). Then, Jason sits down with Kaitlin Malin at SALT iConnections New York, to discuss the keys to angel investing and AI (40:52). - Link

Google unveiled a new partnership with the Mayo Clinic that will enable researchers at the medical center to build their personal chatbots. -Link

A day after the SEC sued Binance for manhandling customers' funds, investors pulled out $780M worth of crypto currency from the exchange. -Link

ntel Corp is liquidating a part of its stake in Israeli autonomous driving company Mobileye Global, offering 35M Class A common stock shares for about $1.5B. The move will dilute Intel's voting share in the company from 99.3% to 98.7%. -Link

Social media platform and news content aggregator Reddit is laying off 90 employees, or 5% of its workforce. -Link

Ford is recalling 125,000 hybrid and plug-in hybrid variants of Escape, Maverick, and Lincoln Corsair vehicles due to potential fire hazard caused by fluid leaks within the engine compartment. -Link

This Week in Startups

E1757: Using AI to diagnose Dementia with Vistim Labs James Hamet + Jason LIVE at iConnections

E1756: Rory's brain vs ChatGPT, outrageous marketing, work trends and MUCH more w/ Rory Sutherland

E1755: RunwayML, AI Steve Jobs, & more with Sunny Madra & Vinny Lingham

E1754: How open-source & distributed models can win AI with MosaicML’s Naveen Rao

E1753: How generative AI is enabling hologram assistants with Looking Glass CEO Shawn Frayne

Coda - Get a $1,000 startup credit

Miro - Sign up for a free account at https://miro.com/startups

Veed - Sign up and engage your audience on any platform