The historic talent exodus including Nobel laureate John Jumper to Anthropic and Transformer co-author Noam Shazeer to OpenAI crushed Alphabet’s stock in a historic valuation drop.
Tag: Alphabet
Alphabet Lost Approximately $269 Billion in Market Cap as Four Top DeepMind Scientists Quit
Four senior departures from Google DeepMind in six days — all to AI rivals — triggered one of the biggest single-event market cap destructions in tech history.
Alphabet Sheds $270 Billion in Market Value After Four Senior AI Researchers Depart
Google’s parent company suffered its largest weekly talent loss in AI history as four AlphaFold contributors joined Anthropic within six days.
Alphabet Stock Falls 7.2% Intraday After Two Top AI Researchers Leave for Rivals
Google’s market cap took a $320 billion+ hit as investors reacted to the departures of Noam Shazeer to OpenAI and AlphaFold lead John Jumper to Anthropic.
Alphabet slides on $80 billion stock sale plan
Tech giant Alphabet’s shares dipped following the announcement of a massive stock sale.