Discovery Loop, co-founded by Jeff Dean, is backed by seed funding from Radical Ventures, Khosla Ventures, and others; Google also has a stake in the company (Cade Metz/New York Times)
Jeff Dean, who for years was one of Google's most important executives, is leading the new artificial intelligence company with the backing of Google.
Alphabet CEO Sundar Pichai announced changes to the Google DeepMind team, with Demis Hassabis stepping down as CEO to focus on a new role in AGI. Hassabis will now serve as Chair of DeepMind and Chief Scientist of Alphabet. Jeff Dean is also leaving Google to launch Discovery Loop, an independent public benefit corporation aimed at accelerating discoveries in ML, science, and engineering.
DeepMind will be led by Koray Kavukcuoglu, who was previously the Chief Technology Officer, reporting directly to Pichai. Hassabis will continue to work closely with Pichai on strategic AGI matters and advise the new leadership team.
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