According to content shared by Citrini analyst Jukan on X, industry sources say Demis Hassabis, co-founder of Google DeepMind, had originally planned to leave around the same time as fellow co-founder David Silver. Google management reportedly worried that the news could trigger a significant decline in the company's stock price and asked Hassabis to hold off. After Google announced related adjustments, its shares did fall, the message said. Hassabis was eventually persuaded to take the role of DeepMind chairman to help with a smooth organizational transition and create space for a more appropriate exit later. Meanwhile, David Silver has shifted toward founding Ineffable Intelligence, and John Jumper has joined Anthropic, changing the core AI research strength at DeepMind. Some sources believe Google's center for driving AI model development has moved more toward the Bay Area, and that DeepMind's importance has declined. Google's internal focus has shifted to the large language model Gemini as it seeks to catch up with OpenAI and Anthropic. The adjustment reflects a long-running strategic tension inside Google: researchers care about long-term scientific breakthroughs, while business teams favor AI products that can be quickly commercialized and support revenue and stock price. Market forecasts suggest Hassabis may leave Google within a year and possibly start a new company.
Demis Hassabis, co-founder of Google DeepMind, was persuaded to take the chairman seat after Google management sought to delay his departure over concerns that the news would hit the company's stock, according to content reposted by Citrini analyst Jukan on X. The post cites unnamed industry sources.
The sources said Hassabis had planned to leave around the same time as David Silver, another DeepMind co-founder. Google management reportedly worried that the news might trigger a sharp share price drop and asked him to postpone the move. After Google announced related adjustments, the stock did fall, according to the message. Hassabis ended up being convinced to serve as DeepMind chairman to help the organization transition smoothly and to leave room for a more suitable exit in the future.
Meanwhile, DeepMind's core AI research ranks are changing. David Silver has moved on to found Ineffable Intelligence, and John Jumper has joined Anthropic. Some sources say the center of Google's AI model development has shifted more to the Bay Area in the United States, while DeepMind's importance has declined. Google's internal priority has turned to the Gemini large language model, as it seeks to catch up with OpenAI and Anthropic.
The situation also highlights a long-running strategic tension within Google: researchers focus on long-term scientific breakthroughs, while business teams prefer AI products that can be commercialized quickly and support both revenue and the share price. Market forecasts suggest Hassabis could leave Google within a year and may start a new company.
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