Technology: Alphabet's AI division gets new management – stock loses significantly
Nobel Prize winner Demis Hassabis is giving up the management of Google Deepmind and becoming the company's chief scientist. Recently, important AI projects stalled while expenses continued to rise.
San Francisco - Alphabet, the parent company of Google, has restructured its Artificial Intelligence (AI) division, with the Nobel Prize-winning Demis Hassabis stepping down from his role as leader of Google DeepMind. Hassabis' departure comes as the technology giant aims to further explore the possibility of Superintelligence, a form of AI where computers become as intelligent as humans. Hassabis will retain his role as Chief Scientist at Alphabet, signaling his continued commitment to the company.
The restructuring follows several leading developers of Alphabet's AI model Gemini leaving the company to form their own startup. Among them is Jeff Dean, a seasoned engineer and former Chief Scientist at DeepMind, who will join forces with Google to develop new AI technologies. Koray Kavukcuoglu, previously the Technology Director at DeepMind, has been appointed as the new leader of AI model development.
Alphabet CEO Sundar Pichai emphasized the importance of staying ahead in AI development in a blog post, stating that the company remains committed to its goals and will focus on areas needing improvement.
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