Alphabet shares fell 5% when it was announced that Demis Hassabis was stepping down as CEO of Google DeepMind and Jeff Dean was departing after 27 years.
Snapshot · Moonshots with Peter Diamandis
Alphabet shares fell 5% when it was announced that Demis Hassabis was stepping down as CEO of Google DeepMind and Jeff Dean was departing after 27 years.
Where this was said
At 1:32:50 · chapter starts 1:32:10
Peter Diamandis walks through the week's Google news: Demis Hassabis stepping down as Google DeepMind CEO to become chairman and Alphabet chief scientist, handing operations to Koray Kavukcuoglu who now reports directly to Sundar Pichai [1] — Peter Diamandis "Google: 5% stock drop on Demis/Jeff Dean news: Alphabet shares fell 5% when it was announced that Demis Hassabis was stepping down as CEO o…" 1:32:50 . Jeff Dean, Google's chief scientist for 27 years and the man who built the infrastructure beneath modern Google, is leaving to co-found Discovery Loop — a public benefit corporation focused on recursive AI self-improvement, funded immediately by Vinod Khosla. Alphabet shares fell 5%. Alex Wissner-Gross's hot take: this isn't about building RSI safely outside Google — it's the aftermath of an organizational knife fight between Jeff Dean's Google Brain and Demis Hassabis's DeepMind, which Demis won when the two groups merged under Gemini. DeepMind is now eating Google from the inside out, and Alex predicts whoever leads DeepMind next will be the heir apparent to Google CEO. The group argues Google's annual Gemini release cadence, cultural AI safetyism, and inability to retain talent have cost it the frontier model race, with its consolation prize being hyperscaler services to the frontier labs that beat it.
Google's internal war between Jeff Dean's Google Brain and Demis Hassabis's DeepMind ended with DeepMind winning when they merged under the Gemini umbrella. Now both Dean and Hassabis have stepped back from day-to-day operations, and Alex Wissner-Gross predicts whoever leads DeepMind next is the heir apparent to CEO of Google itself.
Emad Mostaque wrote a letter to Google management three years ago saying open-sourcing Gemini would make them win. The group agrees: open-sourcing Gemini, tying it to Google TPUs and GCP, would be the move of the century — turning Google from a struggling frontier lab into the compute empire behind every open-weight AI on earth.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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