DeepMind Chief Hassabis Steps Down, Alphabet Shares Slide

Demis Hassabis, co-founder and head of Google's artificial intelligence division DeepMind, announced his departure from the leadership role. Hassabis is widely regarded as one of the architects behind Google's AI achievements and played a central role in developing the company's most advanced models. His exit came as a surprise to markets and triggered a drop in Alphabet's stock price, as investors worry about the potential impact on the company's competitiveness in the AI race. Analysts note that the departure of key AI talent is becoming a notable trend amid intensifying competition among tech giants. The company now faces the challenge of proving it can maintain its pace of innovation under new leadership.