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Google’s AI Leadership Is Undergoing Some Major Changes. The Stock Is Sliding
Shares of Google parent Alphabet led Dow decliners Wednesday.Credit: David Paul Morris / Bloomberg / Getty ImagesKey TakeawaysShares of Google parent Alphabet fell Wednesday after leadership changes in its AI division were announced.Jeff Dean, the company’s chief scientist, is leaving his post to launch an AI startup called Discovery Loop.Google Deep Mind CEO Demis Hassabis will become the unit’s chair, with Koray Kavukcuoglu set to become SVP and oversee Gemini model development. Shareholders are not taking kindly to Google’s AI leadership changes.Shares of Google parent Alphabet (GOOGL)…
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