- As Alphabet's new CEO, Sundar Pichai is will be looking after more than just Google.
- He will also at the helm of Alphabet's Other Bets division, which hones research and development.
- Its undertakings include developing neural networks, 'curing death', internet-beaming balloons and other semi-secret projects.
As Google's co-founders, Larry Page and Sergey Brin, step down from their posts at Alphabet, Sundar Pichai will now be at the helm of the world's
fifth-largest tech company. And, he'll be looking after more than just Google.
Google is Alphabet's largest subsidiary but it has a whole other division for its research and development ventures called Other Bets. The secondary division includes experimental projects like self-driving cars, health-tech — like smart contact lenses — and venture capital investments.
Overall Alphabet has 13 other mini-companies under its umbrella, aside from Google.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More But, the Other Bets division hasn't been faring too well of late. In 2018, it posted a loss of $3.4 billion. Meanwhile, Alphabet has been pouring more money into Google's cloud business which meant less investment toward Other Bets.
Here's a list of the projects that Pichai will now be looking after: