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Good morning. Google just reshuffled the top of its AI org chart in a way that reads less like routine succession planning and more like the end of an era. Jeff Dean, the engineer whose fingerprints are on nearly every major infrastructure breakthrough at Google over 27 years, is leaving to start his own company, Discovery Loop, with longtime collaborator Sanjay Ghemawat — and Google is investing in it. At the same time, Demis Hassabis is stepping back from running DeepMind day-to-day to become chairman and Alphabet's chief scientist, a title that until now belonged to Dean. The moves come as Google tries to keep pace with OpenAI and Anthropic in a research arms race that increasingly hinges on retaining, not just hiring, top talent. Whether this is a graceful handoff or a sign of deeper restlessness inside Google's AI ranks is the question worth sitting with. Below: today's five recent stories across markets, AI, policy, and security.
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