Google just made a huge company shakeup. Here's who's gaining power. [Business Insider]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Business Insider
The changes put more firepower behind some key Google products, and could help it launch faster. The Googleplex is in flux. CEO Sundar Pichai announced a series of re-orgs in a memo to staff on Thursday, and — surprise, surprise — Google says it's all happening because of artificial intelligence Pichai said the changes, which include merging different parts of the company, would help Google "simplify decisions" and move faster. This includes further merging its central AI teams. Last year, Google combined Brain, a group that sat within its AI Research group, with DeepMind to form a new super-unit that would be laser-focused on building AI models. On Thursday, Pichai said that teams within Research that work on building AI models will also merge with Google DeepMind. The Responsible AI teams, which develop rules for safely and ethically developing AI, will also move from Research to Google DeepMind, he said. All told, it gives more control to Demis Hassabis, who leads Goog
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GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 144
- 4/26/24 - Form 4
- GOOG's page on the SEC website