Google is facing a challenge balancing its booming cloud business, which grew 82% in Q2, with its commitment to frontier AI research. Key AI leaders like Jeff Dean and Demis Hassabis are stepping down or shifting roles, raising concerns about Google's ability to retain top AI talent. The company prioritizes efficient AI models and enterprise services over costly frontier model development, as cloud revenue outpaces rivals. Despite internal frustrations over compute resource allocation, Google aims to integrate DeepMind more closely with its cloud operations while competing with startups like OpenAI and Anthropic.
The iShares Expanded Tech Sector ETF (IGM) provides wider tech sector exposure than the traditional XLK ETF, including communications, consumer discretionary, and non-S&P 500 North American firms. This broader mandate results in a lower forward price...
Google announced a major change in its AI leadership with Jeff Dean, its chief scientist for 27 years, leaving to start a new AI startup called Discovery Loop. Demis Hassabis, CEO of Google DeepMind, will become Google's chairman and chief scientist,...
Google is negotiating a deal worth over $1.5 billion with AI coding startup Mechanize to license its technology and hire talent. Mechanize develops virtual work environments and tools that help AI models perform software engineering tasks, aiming to ...
Microsoft is instructing its developers to primarily use OpenAI's top-tier AI model, GPT-5.6 Sol, for coding projects to maximize efficiency and value from their AI token investments. This move reflects Microsoft's strategy to leverage its early inve...
Jeff Dean, a longtime AI expert at Google and one of its earliest employees, is leaving to launch a new company called Discovery Loop. The firm aims to accelerate scientific and engineering discoveries by automating experimental processes using machi...
