WS #13480
Jeff Dean departs Google to start Discovery Loop, Hassabis steps down as DeepMind CEO, and GOOGL falls ~4% amid AI talent exodus and Gemini delays. SpaceX beats revenue but shares drop ~12% on $15.8B AI capex and lock-up expiry, raising concerns about AI spending across tech. Bloomberg reports OpenAI accounts for ~70% of Microsoft's AI sales, with $24.1B in fiscal 2026, highlighting MSFT's dependence on OpenAI. China blacklists six US firms and tightens drone export controls in response to US tariffs, escalating trade tensions.
Alphabet AI leadership shakeup
Jeff Dean departs Google to start Discovery Loop, Hassabis steps down as DeepMind CEO, and GOOGL falls ~4% amid AI talent exodus and Gemini delays.
SpaceX beats revenue but shares drop ~12% on $15.8B AI capex and lock-up expiry, raising concerns about AI spending across tech.
Bloomberg reports OpenAI accounts for ~70% of Microsoft's AI sales, with $24.1B in fiscal 2026, highlighting MSFT's dependence on OpenAI.
China blacklists six US firms and tightens drone export controls in response to US tariffs, escalating trade tensions.