48 mins. ago
Google Deepmind chief Demis Hassabis is stepping down from his day-to-day leadership role at the AI research unit as part of a leadership overhaul.
Hassabis, who co-founded DeepMind in 2010 and became one of the most prominent figures in the development of artificial intelligence, will become chairman of DeepMind and take on a newly created role as chief scientist at Alphabet, Google's parent company. He will focus on artificial general intelligence (AGI) strategy and scientific applications of AI while relinquishing his operational responsibilities.
Koray Kavukcuoglu, DeepMind's chief technology officer and Alphabet's chief AI architect, will succeed Hassabis as head of Google DeepMind with the **** le of senior vice-president. He will oversee day-to-day operations, including the development of the company's frontier AI models and Gemini ecosystem.
Hassabis said on Wednesday that he had been working toward AGI and believed it was "close at hand." He said he wanted to shift his focus toward the broader implications of the technology.
"I've decided that now is the right time for me to hand over my day-to-day operational responsibilities at GDM, so that I have the time and **** e to focus on the big picture and help influence what is to come to the best of my ability," Hassabis said.
#role
Hassabis, who co-founded DeepMind in 2010 and became one of the most prominent figures in the development of artificial intelligence, will become chairman of DeepMind and take on a newly created role as chief scientist at Alphabet, Google's parent company. He will focus on artificial general intelligence (AGI) strategy and scientific applications of AI while relinquishing his operational responsibilities.
Koray Kavukcuoglu, DeepMind's chief technology officer and Alphabet's chief AI architect, will succeed Hassabis as head of Google DeepMind with the **** le of senior vice-president. He will oversee day-to-day operations, including the development of the company's frontier AI models and Gemini ecosystem.
Hassabis said on Wednesday that he had been working toward AGI and believed it was "close at hand." He said he wanted to shift his focus toward the broader implications of the technology.
"I've decided that now is the right time for me to hand over my day-to-day operational responsibilities at GDM, so that I have the time and **** e to focus on the big picture and help influence what is to come to the best of my ability," Hassabis said.
#role
2 hours ago
SpaceX (SPCX) will see roughly 900 million shares held by employees and early investors unlock on Thursday, adding to the volatility in the stock that has fallen well below its IPO price of $135.
And while it doesn't mean the market will immediately be flooded with hundreds of millions of shares, it adds to Wall Street's concerns. **** eX stock rose in early trading after steep declines following its earnings Tuesday.
On the AI front (GOOG, GOOGL) on Wednesday announced it is shaking up its AI leadership.
Google said DeepMind CEO Demis Hassabis is transitioning to a new role as chair of DeepMind and chief scientist for all of Alphabet. DeepMind CTO and Google chief AI architect Koray Kavukcuoglu will become senior vice president for DeepMind and report directly to Alphabet CEO Sundar Pichai.
The company is also losing chief scientist Jeff Dean, who is founding a new company called Discovery Loop with Google senior fellow Sanjay Ghemawat.
#deepmind #chief #SpaceX #early
And while it doesn't mean the market will immediately be flooded with hundreds of millions of shares, it adds to Wall Street's concerns. **** eX stock rose in early trading after steep declines following its earnings Tuesday.
On the AI front (GOOG, GOOGL) on Wednesday announced it is shaking up its AI leadership.
Google said DeepMind CEO Demis Hassabis is transitioning to a new role as chair of DeepMind and chief scientist for all of Alphabet. DeepMind CTO and Google chief AI architect Koray Kavukcuoglu will become senior vice president for DeepMind and report directly to Alphabet CEO Sundar Pichai.
The company is also losing chief scientist Jeff Dean, who is founding a new company called Discovery Loop with Google senior fellow Sanjay Ghemawat.
#deepmind #chief #SpaceX #early
1 month ago
Alphabet Inc. (NASDAQ:GOOG) is one of the best trending AI stocks to watch in 2026. Alphabet Inc. (NASDAQ:GOOG) reported on June 22 that Google DeepMind and A24 are announcing a first-of-its-kind partnership focused on research, which pairs "a world-leading research lab with the industry's most filmmaker-forward studio to help artists develop new workflows and techniques". The collaboration ensures that the "tools of the future are shaped by the creators who use them", and creates a deep research and development collaboration between A24 and Google DeepMind spanning multiple projects over time. Management further stated that the hands-on collaboration offers Google DeepMind invaluable feedback and guidance from leading artists.
The same day, Alphabet Inc. (NASDAQ:GOOG) also announced an expanded partnership between Google Cloud and Nokia, aimed at integrating Google's Gemini models into Nokia's network software suite, the Nokia ****** urance Center. Management stated that by developing six AI agents built with Gemini, which is the most capable family of multimodal models by Google, Nokia will advance its capacity to help telecommunication providers resolve network issues quickly, reduce operational costs, and step towards fully automated, self-driving operations.
Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments including Google Services, Google Cloud, and Other Bets. The Google Services segment operates various services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.
While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
The same day, Alphabet Inc. (NASDAQ:GOOG) also announced an expanded partnership between Google Cloud and Nokia, aimed at integrating Google's Gemini models into Nokia's network software suite, the Nokia ****** urance Center. Management stated that by developing six AI agents built with Gemini, which is the most capable family of multimodal models by Google, Nokia will advance its capacity to help telecommunication providers resolve network issues quickly, reduce operational costs, and step towards fully automated, self-driving operations.
Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments including Google Services, Google Cloud, and Other Bets. The Google Services segment operates various services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.
While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
1 month ago
Chloe Ladwig/PitchBook News
Billions of dollars are flowing into AI video generation, and the market is just getting started.
In the past five years, investment in startups developing AI video and media tech has more than tripled, according to PitchBook data. Funding this year is already at its highest level yet, with $5.6 billion invested, up over 43% from 2025's annual total.
Startups building video-generation models have captured most VC dollars, converging around a clutch of well-funded companies, including Runway and Luma AI. That race has not ended, and neither has the funding, but new parts of the market are beginning to draw more attention.
This week's $75 million investment in indie film studio A24 by Google DeepMind is a clear example, with the two companies partnering to develop AI tools for filmmakers. Google gaining access to A24's creatives and research signals that the market is opening up beyond just funding the best video-generation tool.
Billions of dollars are flowing into AI video generation, and the market is just getting started.
In the past five years, investment in startups developing AI video and media tech has more than tripled, according to PitchBook data. Funding this year is already at its highest level yet, with $5.6 billion invested, up over 43% from 2025's annual total.
Startups building video-generation models have captured most VC dollars, converging around a clutch of well-funded companies, including Runway and Luma AI. That race has not ended, and neither has the funding, but new parts of the market are beginning to draw more attention.
This week's $75 million investment in indie film studio A24 by Google DeepMind is a clear example, with the two companies partnering to develop AI tools for filmmakers. Google gaining access to A24's creatives and research signals that the market is opening up beyond just funding the best video-generation tool.
1 month ago
HSBC Holdings plc (NYSE:HSBC) is one of the UK's highest-dividend stocks. The company has successfully paid dividends for 27 consecutive years. While the stock pays a quarterly dividend of $0.94 a share, it offers a dividend yield of 4.08%.
Copyright: welcomia / 123RF Stock Photo
On May 5, the company's board approved an interim dividend payment of $0.10 per ordinary share. The dividend is to be paid on June 26 to shareholders of record as of May 15, 2026.
Amid its push for dividend payments, HSBC Holdings plc (NYSE:HSBC) on June 17 announced a multi‑year partnership with Alphabet's Google Cloud, aimed at strengthening the British bank's artificial intelligence capabilities, Reuters reported. The financial services company is looking to integrate AI across its products and services globally. The company plans to enable more than 200 new AI HSBC use cases.
The integration will also help accelerate innovation across areas of hyper-personalized advice and financial crime risk management. HSBC is to work with Google Cloud and Google DeepMind engineering teams on new AI-powered tools and programs. It will also gain access to the latest agentic AI capabilities, including Gemini models.
Copyright: welcomia / 123RF Stock Photo
On May 5, the company's board approved an interim dividend payment of $0.10 per ordinary share. The dividend is to be paid on June 26 to shareholders of record as of May 15, 2026.
Amid its push for dividend payments, HSBC Holdings plc (NYSE:HSBC) on June 17 announced a multi‑year partnership with Alphabet's Google Cloud, aimed at strengthening the British bank's artificial intelligence capabilities, Reuters reported. The financial services company is looking to integrate AI across its products and services globally. The company plans to enable more than 200 new AI HSBC use cases.
The integration will also help accelerate innovation across areas of hyper-personalized advice and financial crime risk management. HSBC is to work with Google Cloud and Google DeepMind engineering teams on new AI-powered tools and programs. It will also gain access to the latest agentic AI capabilities, including Gemini models.
1 month ago
The S&P 500 Index ($SPX) (SPY) today is down -0.40%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.30%. September E-mini S&P futures (ESU26) are down -0.38%, and September E-mini Nasdaq futures (NQU26) are down -0.30%.
Stock indexes gave up an early advance today and are trading mixed. Alphabet is down more than -6% to lead megacap technology stocks lower after announcing that Google DeepMind Vice President Jumper is leaving the company to join Anthropic PBC. Also, the weakness in software companies is weighing on the broader market.
Dear Microsoft Stock Fans, Mark Your Calendars for June 30
Micron Technology Earnings: Bull Put Spread Trade
Dear Walmart Stock Fans, Mark Your Calendars for June 22
Stock indexes gave up an early advance today and are trading mixed. Alphabet is down more than -6% to lead megacap technology stocks lower after announcing that Google DeepMind Vice President Jumper is leaving the company to join Anthropic PBC. Also, the weakness in software companies is weighing on the broader market.
Dear Microsoft Stock Fans, Mark Your Calendars for June 30
Micron Technology Earnings: Bull Put Spread Trade
Dear Walmart Stock Fans, Mark Your Calendars for June 22
1 month ago
Tech stocks fell on Tuesday morning as concerns about high valuations and artificial intelligence resurfaced, dragging the tech-heavy Nasdaq Composite (^IXIC) nearly 2% lower.
Within tech, semiconductor stocks saw some of the biggest losses in early trading, with AMD (AMD), Intel (INTC), and Qualcomm (QCOM) dropping by over 7%, and Nvidia (NVDA) falling nearly 4%.
Shares of memory giant Micron (MU) declined by more than 11% ahead of the company's third quarter earnings after the bell on Wednesday, which will provide another update on the broader AI build-out. On Monday, the company announced a strategic agreement with Anthropic, in which the memory maker will supply Anthropic (ANTH.PVT) with both memory and storage chips to support its data center goals.
Meanwhile, the competition for talent in the artificial intelligence arena continued to move major stocks. Alphabet stock (GOOG, GOOGL) continued to fall after senior research scientist and ****** el prize winner John Jumper announced he was leaving Google DeepMind AI to join rival Anthropic (ANTH.PVT).
The tech sector is leading markets lower on Tuesday morning as investors go risk off amid renewed concerns about Federal Reserve rate hikes and artificial intelligence spending.
Within tech, semiconductor stocks saw some of the biggest losses in early trading, with AMD (AMD), Intel (INTC), and Qualcomm (QCOM) dropping by over 7%, and Nvidia (NVDA) falling nearly 4%.
Shares of memory giant Micron (MU) declined by more than 11% ahead of the company's third quarter earnings after the bell on Wednesday, which will provide another update on the broader AI build-out. On Monday, the company announced a strategic agreement with Anthropic, in which the memory maker will supply Anthropic (ANTH.PVT) with both memory and storage chips to support its data center goals.
Meanwhile, the competition for talent in the artificial intelligence arena continued to move major stocks. Alphabet stock (GOOG, GOOGL) continued to fall after senior research scientist and ****** el prize winner John Jumper announced he was leaving Google DeepMind AI to join rival Anthropic (ANTH.PVT).
The tech sector is leading markets lower on Tuesday morning as investors go risk off amid renewed concerns about Federal Reserve rate hikes and artificial intelligence spending.
2 months ago
June 22 (Reuters) - Google DeepMind and independent movie studio A24 entered into a partnership to explore how AI can support filmmakers and creative professionals, the companies said on Monday.
Here are some details:
• The companies said the initiative will focus on helping artists develop new creative workflows and techniques while ensuring future tools are shaped by the creators who use them.
• In recent years, A24 has produced horror film "Backrooms," Timothée Chalamet-starrer "Marty Supreme" and Oscar-winning adventure film "Everything Everywhere All at Once," among others.
• Under the agreement, A24 and Google DeepMind will collaborate on multiple research and development projects over time.
Here are some details:
• The companies said the initiative will focus on helping artists develop new creative workflows and techniques while ensuring future tools are shaped by the creators who use them.
• In recent years, A24 has produced horror film "Backrooms," Timothée Chalamet-starrer "Marty Supreme" and Oscar-winning adventure film "Everything Everywhere All at Once," among others.
• Under the agreement, A24 and Google DeepMind will collaborate on multiple research and development projects over time.
2 months ago
Google has developed a new plan to police the increasingly capable AI agents it uses within its own AI research organization, and the company is publishing the so-called road map to help other AI labs counter the potential threat of rogue AI agents.
The Google DeepMind security plan involves a pivot away from the AI safety community's typical focus on "the alignment problem"—the idea of figuring out how to train an AI system so that its actions reliably match the intentions, values, and ethics of the humans who are managing it.
While continuing to say that alignment is one key safety component, Google's road map acknowledges that the alignment problem may never be fully solved, and instead creates a layered security system that treats AI agents as potential rogue insiders within an organization. The 35-page technical report maps out a series of steps and procedures that are designed to catch potential adversarial behavior by AI agents.
"If the first line of defense—alignment—fails, how can we mitigate harm anyway?" Rohin Shah, who leads the AGI safety and alignment team at Google DeepMind, told Fortune in an interview.
The AI agent framework borrows heavily from traditional cybersecurity, especially insider-threat prevention. "We borrow a lot from security, which already deals with the threat of internal employees who might be malicious, and we can apply these to a new setting," Shah said. But, he noted, "AI is systematically different from humans."
The Google DeepMind security plan involves a pivot away from the AI safety community's typical focus on "the alignment problem"—the idea of figuring out how to train an AI system so that its actions reliably match the intentions, values, and ethics of the humans who are managing it.
While continuing to say that alignment is one key safety component, Google's road map acknowledges that the alignment problem may never be fully solved, and instead creates a layered security system that treats AI agents as potential rogue insiders within an organization. The 35-page technical report maps out a series of steps and procedures that are designed to catch potential adversarial behavior by AI agents.
"If the first line of defense—alignment—fails, how can we mitigate harm anyway?" Rohin Shah, who leads the AGI safety and alignment team at Google DeepMind, told Fortune in an interview.
The AI agent framework borrows heavily from traditional cybersecurity, especially insider-threat prevention. "We borrow a lot from security, which already deals with the threat of internal employees who might be malicious, and we can apply these to a new setting," Shah said. But, he noted, "AI is systematically different from humans."
7 months ago
A leading AI boss has warned that the developing technology could become “uncontrollable” in the next few years without proper regulation.
Speaking on BBC Radio 4’s Today, CEO of Microsoft AI, Mustafa Suleyman, said that fear over the future of AI is “healthy and necessary”, adding: “I honestly think that if you’re not a little bit afraid at this moment then you’re not paying attention.”
Mr Suleyman, who is was the co-founder and former head of applied AI at DeepMind, was guest editing the BBC’s current affairs radio show when he made the comments.
The industry leader called for greater gua
Speaking on BBC Radio 4’s Today, CEO of Microsoft AI, Mustafa Suleyman, said that fear over the future of AI is “healthy and necessary”, adding: “I honestly think that if you’re not a little bit afraid at this moment then you’re not paying attention.”
Mr Suleyman, who is was the co-founder and former head of applied AI at DeepMind, was guest editing the BBC’s current affairs radio show when he made the comments.
The industry leader called for greater gua
