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'$200 Billion in Lost Market Cap': Alphabet Stock Rocked by Brutal AI Brain Drain and DeepMind Rumours

Posted on August 22, 2026
By International Business Times
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1 min read

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'$200 Billion in Lost Market Cap': Alphabet Stock Rocked by Brutal AI Brain Drain and DeepMind Rumours

Alphabet's shares fell as key AI researchers left to form Discovery Loop, a new AI venture. Despite the departures, Google remains a founding investor, maintaining ties with the new company.