Google announces CEO Demis Hassabis will step aside in AI shake up that sends share price plunging

Alphabet, Google’s parent company, has announced sweeping changes in its artificial intelligence division that sent its share price plunging.The restructure will see AI chief Demis Hassabis step back from his primary managerial role and several key leaders of its Gemini model, including veteran engineer Jeff Dean, depa

The CEO of Google’s AI unit was increasingly unsatisfied with the role of tech executive, preferring a more scientific position, said two people familiar with his thinking.

Major leadership changes were announced at Google Wednesday. Google CEO Sundar Pichai announced in a memo that Google DeepMind leader Demis Hassabis will take on a newly created role as the chair of Google DeepMind and the chief scientist at Alphabet. Hassabis will continue to lead Alphabet’s Isomorphic Labs, a drug di

Skip to content So long and thanks for all the bots Google’s AI brain drain continues. Demis Hassabis, the now former CEO of Google DeepMind, during an interview in 2026. Credit: Ruhani Kaur/Bloomberg via Getty Images Google got a slow start with generative AI after seemingly being caught flat-footed by Microsoft’s Cop

A handful of high-level personnel changes are coming to DeepMind.

Google DeepMind is undergoing a major restructuring following model delays and a string of high-profile exits.

Chief scientist Jeff Dean leaves the group to found his own start-up

Sir Demis Hassabis steps down as Google DeepMind chief executive  The Times

Minutes after four top researchers said they were leaving, Google said that Demis Hassabis, the Nobel-winning scientist who led the company’s A.I. lab, was stepping into a new job.

Google's AI divisions are getting reshuffled, the search giant announced on Wednesday.

Google is making some significant AI leadership changes, including a major shift for Google DeepMind leader Demis Hassabis. Hassabis will become the chair of Google DeepMind and the chief scientist at Alphabet, CEO Sundar Pichai announced on Wednesday. Hassabis will continue to lead Alphabet's Isomorphic Labs, which ai

Demis Hassabis is becoming the chief scientist of Alphabet and chair of Google DeepMind. Shane Anthony Sinclair/Getty Images for Cannes Lions Demis Hassabis leaves DeepMind CEO role for a broader research position at Alphabet. Jeff Dean exits Google after decades to start a new initiative with tech leader Sanjay Ghema

You may or may not be able to get a full head transplant in the next few years but acquiring a new set of eyes has become sure thing.