00:00It's Benzinga, bringing Wall Street to Main Street!
00:02Alphabet shares closed down about 5% on Monday, marking Google's worst day on the stock market
00:07in more than a year as AI concerns mounted, according to CNBC. The slide followed two
00:13high-profile researcher departures to rivals. Noam Shazir, a Google vice president of engineering
00:18and co-lead of Gemini AI Models, said Wednesday that he was leaving for OpenAI. John Jumper,
00:24a DeepMind vice president and engineering fellow, said Friday that he was leaving for Anthropic.
00:28The decline also followed Microsoft CEO Satya Nadella's Wall Street Journal interview,
00:33calling for less dependence on AI giants and saying the AI market was commoditized.
00:38Alphabet has raised $141 billion in debt and equity since October to support its AI push.
00:44Google users also reported Gmail and YouTube outages on Monday.
00:47For all things money, visit Benzinga.com.
Comments