tech
Google's AI Shuffle: Chief Scientist Jeff Dean Exits, Demis Hassabis Steps Down as DeepMind CEO
Google's AI divisions are getting reshuffled, the search giant announced on Wednesday.
TL;DR
- Jeff Dean, a key figure in Google's AI advancements, is leaving to start a new public benefit corporation called Discovery Loop.
- Demis Hassabis will now serve as chairman of Google DeepMind and chief scientist of Alphabet.
- Koray Kavukcuoglu is promoted to lead Google's AI division and will oversee the development of Gemini 4.
- Alphabet shares experienced a decline of approximately 4% following the announcement.
- Google's cloud division is showing strong growth, driven by AI infrastructure and solutions, with revenue soaring 82% in the second quarter.
- The company is investing heavily in AI infrastructure, contributing to a negative cash flow in the latest quarter due to capital expenditures.