Last Friday, Google’s share price plummeted by 7.06%, marking its lowest point since late April and erasing a staggering $320 billion in market capitalization, leaving the tech giant with a total market value of $4.16 trillion. The sharp decline coincided with the announcement that John Jumper, a Nobel laureate in Chemistry and pivotal figure at Google DeepMind, would be leaving the company to join competitor Anthropic. Under Jumper’s leadership, the AI tool AlphaFold has successfully predicted over 200 million protein structures, fundamentally transforming the field of biomedical research and benefiting more than 2 million scientists across 190 countries.
