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Update: Market Chatter: Alphabet's Google DeepMind Disbands AlphaFold Team as AI Strategy Shifts Toward Gemini

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(Updates to add Google DeepMind's response in the fifth paragraph.)

Alphabet's (GOOG) Google DeepMind has dismantled the team behind its Nobel Prize-winning AlphaFold artificial intelligence system, reassigning most researchers to Gemini-related projects and other scientific initiatives as it shifts its research strategy, the Financial Times reported.

The report said many AlphaFold researchers have moved to projects involving Google's Gemini large language model, enzyme design, nuclear fusion and genomics, while others joined Alphabet's drug discovery unit, Isomorphic Labs.

DeepMind told the Financial Times that the changes reflect a broader strategy of building Gemini-powered systems that can assist scientists and automate parts of scientific research while competing with OpenAI and Anthropic in frontier AI.

According to the report, AlphaFold will continue to be developed despite the restructuring, with its research integrated into DeepMind's broader scientific and artificial intelligence programs rather than managed by a dedicated team.

A Google DeepMind spokesperson toldin an emailed response that many of its researchers behind AlphaFold continue to drive scientific and technological advances across Google, Google DeepMind, and Isomorphic Labs.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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