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Despite Record Profits, Google Lays Off Over 1,000 Workers As Many Top DeepMind AI Scientists Leave To Start Their Own Startups

A recent string of bad news has done nothing so far to harm the stock of Google parent company Alphabet Inc. (NASDAQ:GOOGL), which has been on a tear to start the new year while riding the broader tech-focused rally. Two senior scientists from DeepMind Technologies Ltd., an artificial intelligence (AI)-focused subsidiary of Alphabet, announced they were leaving the company to form their own startup. Rumors are that the scientists forming their new company are in talks to have a financing round o

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