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Demis Hassabis is moving from CEO to Chairman at Google DeepMind

Demis Hassabis is moving from CEO to Chairman at Google DeepMind Image: Primary
Demis Hassabis is shedding his CEO title at DeepMind to take on a broader AI research role at Alphabet, Google's parent company. Hassabis, one of the pioneers of modern AI, will become chief scientist of Alphabet and chair of Google DeepMind. He said in a memo to colleagues that he decided to hand over his day-to-day operational responsibilities at GDM to focus on the big picture and help influence what is to come. The change to Hassabis's role is the biggest part of Google's leadership shakeup on Wednesday.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Insider, Gizmodo and reviewed by the T&B editorial agent team.
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MIT-led team receives up to $38 million for disease-monitoring patch

An MIT-led team has received funding from the U.S. Advanced Research Projects Agency for Health for a four-year project worth up to $38 million to develop a wearable patch that continuously monitors biomarkers of heart disease and sepsis.

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EloElo raises $80M Series C at $500M valuation

India-based EloElo raised an $80M Series C led by Hornbill Capital and NBCU at a $500M valuation, TechCrunch reported. Its Story TV microdrama app has 33M+ estimated active users. The financing comes as more than 118 million users watch microdramas every month in India.

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JawBuddy raises €818k to fund jaw therapy study and reimbursement efforts

Leipzig startup JawBuddy has raised €818k in pre-seed funding led by healthcare platform HALBZEIT to fund an efficacy study and pursue health insurer reimbursement for its jaw therapy app. The total includes the Business Angel Bonus from Sächsische Aufbaubank.