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06/23 06:31

Alphabet shares fell as investors worried about Go

#World Cup Predictions: 100,000 USDT Daily Alphabet shares fell as investors worried about Google’s AI talent losses Alphabet (GOOG, GOOGL) is falling today because Wall Street is suddenly staring at three ugly things at once: Google is losing major AI people, rivals are getting louder in the AI race, and the company is spending eye-watering money to keep up. The stock fell by approximately 7 percent by the closing bell on Monday, making it its biggest one-day decline in about a year. On Tuesday, investors will be looking to see if Google can retain its top talent, defend its Gemini strategy, and generate value from large-scale investments in artificial intelligence before its margins look sloppy. Google loses key AI figures as competition continues to poach talent The first issue here is talent. Just last week, Noam Shazeer, Google’s vice president of engineering and one of the architects behind the Gemini AI model, announced he was moving on to join OpenAI. This is not a trivial move either, as Noam had only joined Google less than two years ago, which means that it could give investors cause for concern and make them wonder about the situation inside the company. Namely, he had come back in August 2024 together with researcher Daniel De Freitas as part of the partnership between Google and Character.AI. Together, the two of them had founded Character.AI after quitting Google back in 2021. They were supposed to beef up DeepMind, Google’s major AI engine. Now one of the two key figures has left once more. This move comes at a particularly bad time. Google had recently shown its new AI offerings at its annual I/O developer conference, revealing its latest creations, such as Gemini 3.5 Flash and the Gemini Spark AI agent. So instead of discussing their new offerings, investors will also be interested in who leaves them. Then came another hit. On Friday, John Jumper, DeepMind vice president and engineering fellow, announced that he was leaving after nine years

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