In other news, Google is planning further layoffs, particularly in its ad sales division, as part of a restructuring process aimed at improving operational efficiency through AI integration. The restructuring will primarily affect the ad sales team and customer care services. Employees affected have been notified and will have the opportunity to apply for other positions within the company. Google CEO Sundar Pichai acknowledged the challenging times and emphasized the need for action to prevent more adverse outcomes.
Key takeaways:
- Laurent Sifre and Karl Tuyls, two scientists from Google's AI subsidiary, DeepMind, are reportedly leaving the company to establish an AI startup in Paris, currently known as Holistic, which may focus on the development of a new AI model.
- The startup is said to be negotiating a financing round that could generate over 200 million euros ($217.84 million).
- Google is reportedly planning to lay off employees across its ad sales division as part of a restructuring process aimed at improving operational efficiency through the integration of AI.
- In early 2023, Google laid off around 12,000 employees and the affected employees in the upcoming layoffs will have the opportunity to apply for other open positions within Google.