Google AI veterans depart during seismic leadership shift
The split casts doubt over leadership of a critical area in growth right as competition intensifies.
Alphabet Inc.'s Google is experiencing a significant leadership shift and losing key artificial intelligence personnel amidst intensifying competition, which has led to a 4% drop in the company's shares. Jeff Dean, a long-standing Google employee instrumental in shaping the company's AI strategy, is leaving to establish a new venture, followed by several high-profile colleagues.
Demis Hassabis, the CEO of Google DeepMind, is stepping down from his position to become chairman of the lab. Consequently, Koray Kavukcuoglu, a veteran deputy, has been promoted to senior vice president of Google DeepMind and will now report to Alphabet CEO Sundar Pichai.
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