Demis Hassabis Steps Down as DeepMind CEO; Shares Fall
Alphabet reorganized AI leadership: DeepMind co‑founder Demis Hassabis will step back from day‑to‑day management to become Chair of Google DeepMind and Chief Scientist at Alphabet, focusing on long‑term AGI research, advising his successor and spending more time at Isomorphic Labs. Koray Kavukcuoglu was promoted to Senior Vice President and operational head of DeepMind/Google’s AI division, reporting to CEO Sundar Pichai and overseeing Gemini model development, frontier research, the Gemini app and developer platforms. Longtime Google research lead Jeff Dean is leaving after 27 years to co‑found an independent machine‑learning research company with Sanjay Ghemawat; Google says it will support and invest in the effort. The change signals a shift toward product execution and rebuilding coding/pretraining capabilities amid pressure from competitors, and briefly pushed Alphabet shares down about 4–5%.
- •Demis Hassabis will step back to serve as Chair of Google DeepMind and Chief Scientist at Alphabet, focusing on AGI research and Isomorphic Labs.
- •Koray Kavukcuoglu was promoted to SVP and operational head of DeepMind/Google AI, reporting to Sundar Pichai and overseeing Gemini development, frontier research, the Gemini app and developer platforms.
- •Jeff Dean is leaving Google after 27 years to co‑found an independent machine‑learning research company with Sanjay Ghemawat; Google will support and invest.
