Alphabet sinks on AI talent exodus and SpaceX slump

1 min read
Source: Investing.com
TL;DR

Alphabet slid about 6.8% as two high‑profile AI departures—John Jumper from DeepMind to Anthropic and Noam Shazeer to OpenAI—along with a drop in its SpaceX stake weighed on sentiment, underscoring fierce AI talent competition, regulatory scrutiny, and dilution risks from a large AI infrastructure funding ahead of its July 28 earnings.

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