WS #13483
Google's chief AI scientist Jeff Dean departs to launch a startup, and Demis Hassabis steps down as DeepMind CEO to become Chair/Chief Scientist, triggering a ~4-5% drop in GOOGL on AI talent retention fears. SpaceX and AMD fell despite beating estimates due to AI capex concerns, while Disney and Eli Lilly rose on strong results, highlighting a split in tech and pharma sentiment.
Alphabet AI leadership reshuffle
Google's chief AI scientist Jeff Dean departs to launch a startup, and Demis Hassabis steps down as DeepMind CEO to become Chair/Chief Scientist, triggering a ~4-5% drop in GOOGL on AI talent retention fears.
SpaceX and AMD fell despite beating estimates due to AI capex concerns, while Disney and Eli Lilly rose on strong results, highlighting a split in tech and pharma sentiment.