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DeepMind's Hassabis Steps Down, Adding To Worries Over Google's AI Push

News | 2026/08/05 17:44

DeepMind's Hassabis Steps Down, Adding To Worries Over Google's AI Push

Google stock fell on the news.

Big changes continue at Alphabet's (GOOGL) DeepMind artificial intelligence unit with Demis Hassabis stepping down as chief executive amid Wall Street worries that Google is falling behind OpenAI and Anthropic in developing next-generation AI models.

Hassabis will move to a chairman role at the DeepMind lab. Google stock fell on the news.

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