By Anirban Sen
NEW YORK, March 18 (Reuters) – Jasjeet Sekhon, a prime Bridgewater Associates govt, is becoming a member of Google’s synthetic intelligence unit DeepMind as its chief technique officer, DeepMind founder Demis Hassabis stated on Wednesday.
Sekhon, who served as chief scientist and head of AI, will be part of Bridgewater’s board of administrators after leaving his present roles there, in keeping with a publish by Hassabis on LinkedIn.
Alphabet-owned Google has narrowed the hole with AI market leaders OpenAI and Anthropic, after initially scrambling to retain the dominance it has lengthy loved within the search trade.
Over the previous yr, Google’s DeepMind unit has launched a number of new AI choices, together with an upgraded chatbot and AI mannequin referred to as Gemini, in addition to a brand new AI photograph editor, Nano Banana. Google’s advances in AI have helped the tech firm’s shares almost double in worth over the previous yr.
Sekhon joined Bridgewater in 2018 and performed a key function in constructing its AI analysis and funding lab referred to as AIA Labs, which is led by the agency’s Co-Chief Funding Officer Greg Jensen.
Sekhon, who didn’t maintain any investing tasks at Bridgewater, has beforehand held professorships at a number of U.S. universities, together with Harvard, College of California, Berkeley, and most lately, Yale.
Bridgewater, which is led by CEO Nir Bar Dea, posted the very best revenue in its 50-year historical past in 2025, with its flagship fund Pure Alpha delivering a 34% return. It lately named Bob Prince, one in every of its CIOs and a agency veteran of 4 many years, because the chair of its board of administrators.
The hedge fund agency lately projected that know-how corporations led by Alphabet, Amazon, Meta and Microsoft will collectively make investments about $650 billion to scale up AI-related infrastructure this yr.
Bridgewater, which managed about $92 billion of property on the finish of September, operates quite a few macro funds targeted on numerous areas and areas, together with the Pure Alpha fund, the All Climate fund, the Asia Whole Return fund, the China Whole Return fund, and the AIA Macro fund.
(Reporting by Anirban Sen in New York; Enhancing by Kenneth Li, Rod Nickel)
