Google DeepMind Loses Both CEO and Chief Scientist Simultaneouslyrss
Demis Hassabis is stepping down as Google DeepMind CEO to become Alphabet's Chief Scientist and DeepMind Chairman, while Jeff Dean departs after 27 years to found Discovery Loop, a nonprofit automating scientific research with AI. Koray Kavukcuoglu will take over DeepMind's operational role, signaling a pivot from research-first culture to product and commercialization. The dual departure triggered a ~4% drop in Alphabet's stock and raises questions about DeepMind's strategic direction.