Google reported 82% revenue growth in its cloud division over the past two weeks. Chief scientist Jeff Dean is departing after 27 years, along with Sanjay Ghemawat, Oriol Vinyals and Quoc Le, to launch startup Discovery Loop backed by Google, marking another wave of talent exodus. Demis Hassabis is stepping down as CEO of Google DeepMind to become chairman of the unit. The transition comes as Google faces the central challenge of balancing investments in frontier AI models versus its booming cloud business, a critical decision for the $4 trillion company. Alphabet shares are up 16% this year after surging 65% in 2025, though tensions persist over access to tensor processing units between researchers and cloud customers.
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