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'$200 Billion in Lost Market Cap': Alphabet Stock Rocked by Brutal AI Brain Drain and DeepMind Rumours

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International Business Times Fews App News Provider
Fews App Post Time Hace 9h

Alphabet’s market value comes under pressure amid reports of an AI talent exodus and DeepMind uncertainty Alphabet shares fell 4. 03 per cent on 5 August as Jeff Dean left Google after 27 years alongside three senior AI researchers to launch Discovery Loop, a new artificial intelligence venture. The decline wiped roughly $186 billion (£138 billion) from Alphabet's market value, although the sell-off coincided with a wider reshuffle of Google's AI leadership and should not be attributed solely to the departures.

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