Hassabis had been drifting away from the day-to-day responsibilities of running the company’s Gemini AI models and its consumer AI strategy, said the people, increasingly shifting them to Koray Kavukcuoglu, the company’s chief AI architect. In its recent earnings on July 22, it reported revenue up 24% to $120 billion, and cloud revenue up 82%. But its capital expenditures, like just about every large tech company, are at record highs and pushed its free cash flow into negative territory for the first time since its 2004 IPO. While Hassabis had become the face of the company’s AI efforts, he wasn’t focused on the part of the company most associated with its standing in the race. “We are at a dynamic moment with so much opportunity ahead,” Pichai wrote in a post on Google’s blog.