Google's artificial intelligence subsidiary, Deepmind, is undergoing a leadership change. Demis Hassabis, the company's CEO, will transition to a role as Alphabet's chief scientist, while Jeff Dean, a 27-year Google veteran, is leaving to start a new AI-focused startup called Discovery Loop. Koray Kavukcuoglu, Deepmind's former chief technology officer, will take over as the new leader of the company. This change in leadership comes as Google aims to close the gap with its top AI competitors. The leadership shift at Deepmind matters because it will impact the company's direction and ability to innovate in the field of artificial intelligence.