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BlockBeats News, August 8th. According to insider sources, DeepMind co-founder Demis Hassabis originally planned to leave Google at the same time as Jeff Dean. However, Google's management team believed that announcing the departure of both individuals simultaneously would cause a stock price collapse. In fact, after only announcing Jeff Dean's departure, Google's stock price has already dropped by 5%. The management team therefore persuaded Hassabis to transition to the role of DeepMind Chairman first, allowing the organization to stabilize for a period of time before exiting in a more dignified manner. As Chairman, Hassabis can focus more on scientific pursuits and increase his involvement in Isomorphic Labs, the drug discovery company under Alphabet that he founded. Currently, sources predict that Hassabis will completely leave Google within a year.
Recently, Google's AI management team has undergone a major reorganization. DeepMind has a new leader, and key figure Jeff Dean is leaving, causing a simultaneous decline in the stock price. Jeff Dean, one of Google's earliest employees who has been responsible for designing the company's AI strategy for the past 15 years, will be leaving the company to become the CEO of a new nonprofit organization called Discovery Loop. Joining Dean in this new venture are Google's senior employees Oriol Vinyals, Quoc Le, and Sanjay Ghemawat. Together, these four individuals have collectively driven significant advancements in the fields of mathematics and protein structure and are among the most cited researchers globally. The departure of talents like Dean from Google further exacerbates the recent trend of AI talent drain at the company.
At the same time, Google DeepMind CEO Demis Hassabis will adjust his position, stepping down from his daily operational duties, transitioning to the role of Google DeepMind Chairman, and also taking on the role of Alphabet's Chief Scientist to continue leading Isomorphic Labs. Hassabis is a key figure in the field of artificial intelligence, co-founding DeepMind in 2010 and continuing to lead the team after its acquisition by Google in 2014. In recent years, he has driven DeepMind's development in foundational models, AI research, and scientific computing. Under his leadership, DeepMind has launched influential AI projects including AlphaGo and AlphaFold, becoming a core force in Google's AI strategy.
For more details, please refer to the full report "Hassabis Steps Down, Jeff Dean Leaves for Entrepreneurship, Google's Morale Is Shaken"
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