{"id":719585,"date":"2026-06-22T17:48:16","date_gmt":"2026-06-22T17:48:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/719585\/"},"modified":"2026-06-22T17:48:16","modified_gmt":"2026-06-22T17:48:16","slug":"alphabet-paces-for-worst-day-in-a-year-after-ai-talent-exits","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/719585\/","title":{"rendered":"Alphabet paces for worst day in a year after AI talent exits"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/108324935-17821439481782143946-46705575873-1080pnbcnews.jpg\" alt=\"AI concerns hit Alphabet after top talent departs\"\/><\/p>\n<p>Google is on pace for its worst day on the stock market in a year, as <a href=\"https:\/\/www.cnbc.com\/ai-artificial-intelligence\/\" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> concerns have mounted and two high-profile researchers departed for rivals in recent days.<\/p>\n<p>Shares of parent company <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\" rel=\"nofollow noopener\" target=\"_blank\">Alphabet<\/a> slid 7% on Monday morning, underperforming both the Nasdaq and the rest of their megacap peers.<\/p>\n<p>The brain drain concerns began last week when Google&#8217;s vice president of engineering and a co-lead of its Gemini AI models, <a href=\"https:\/\/www.cnbc.com\/2026\/06\/18\/google-gemini-co-lead-noam-shazeer-leaves-for-openai.html\" rel=\"nofollow noopener\" target=\"_blank\">Noam Shazeer<\/a>, announced Wednesday that he was leaving the company to join rival OpenAI. Shazeer&#8217;s departure came <a href=\"https:\/\/www.cnbc.com\/2024\/08\/02\/ex-google-engineers-from-characterai-re-join-company-with-ai-partnership-.html\" rel=\"nofollow noopener\" target=\"_blank\">less than two years<\/a> after he returned to Google. <\/p>\n<p>In August 2024, Google brought back Shazeer and fellow researcher Daniel De Freitas to its DeepMind AI unit as part of a partnership with startup Character.AI, which the pair founded after leaving Google in 2021.\u00a0<\/p>\n<p>The departure came weeks after Google <a href=\"https:\/\/www.cnbc.com\/2026\/05\/19\/google-ai-ultra-gemini-spark-omni.html\" rel=\"nofollow noopener\" target=\"_blank\">unveiled new AI products<\/a>, including its Gemini 3.5 Flash model and Gemini Spark AI agent, at its annual I\/O developer conference.<\/p>\n<p>Another exit came on Friday, when John Jumper, DeepMind vice president and engineering fellow, <a href=\"https:\/\/www.cnbc.com\/2026\/06\/19\/john-jumper-to-leave-google-deepmind-for-anthropic.html\" rel=\"nofollow noopener\" target=\"_blank\">announced<\/a> he was leaving the company after nine years for rival Anthropic. <\/p>\n<p>Jumper, who won a Nobel Prize alongside Google&#8217;s <a href=\"https:\/\/www.cnbc.com\/2026\/06\/17\/anthropic-amodei-google-hassabis-us-ai-coalition-g7.html\" rel=\"nofollow noopener\" target=\"_blank\">Demis Hassabis<\/a> in 2024, is best known as the co-creator of AlphaFold, a breakthrough AI that has predicted more than 200 million protein structures, cutting years off biological and medical research.<\/p>\n<p>The share slide also came on the heels of a Sunday <a href=\"https:\/\/www.wsj.com\/tech\/ai\/microsofts-satya-nadella-we-cant-let-ai-giants-eat-the-economy-b9d33b9f?mod=hp_lead_pos2\" target=\"_blank\" rel=\"nofollow noopener\">Wall Street Journal<\/a> interview with <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\" rel=\"nofollow noopener\" target=\"_blank\">Microsoft<\/a> CEO <a href=\"https:\/\/www.cnbc.com\/satya-nadella\/\" rel=\"nofollow noopener\" target=\"_blank\">Satya Nadella<\/a>, who called for less dependence on &#8220;AI Giants&#8221; and said the AI market was commoditized.\u00a0<\/p>\n<p>Alphabet has been <a href=\"https:\/\/www.cnbc.com\/2026\/06\/05\/alphabet-ai-data-center-financing.html\" rel=\"nofollow noopener\" target=\"_blank\">spending<\/a> heavily on AI, including raising $141 billion in debt and equity since October. The company has been trying to prove that its vertically integrated AI stack can generate returns. <\/p>\n<p>If models become cheaper and more interchangeable, as noted in Nadella&#8217;s interview, investors may question whether that spending is building a durable advantage or simply adding pressure to margins. <\/p>\n<p>Google users on Monday also <a href=\"https:\/\/downdetector.com\/status\/google\/\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> outages on Gmail and YouTube.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/06\/108322058-1781543240844-1781297958-46507594872-hd.jpg\" alt=\"Google moving forward on AI data center without developer Crusoe\"\/>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Alphabet one-year stock chart.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Google is on pace for its worst day on the stock market in a year, as artificial intelligence&hellip;\n","protected":false},"author":2,"featured_media":719586,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,38080,22078,11623,181,507,116,5681,122,11718,168,174,112,1536,49024,74],"class_list":["post-719585","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alphabet-class-a","tag-alphabet-class-c","tag-apple-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-breaking-news-markets","tag-breaking-news-technology","tag-business-news","tag-enterprise","tag-google","tag-internet","tag-markets","tag-microsoft-corp","tag-satya-nadella","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=719585"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/719585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/719586"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=719585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=719585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=719585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}