These LLMs, these foundation models like Gemini, they're getting better and better with each iteration,

and we see no end to that. But on the other hand, to get to full AGI, there's some missing

capabilities still. Demis Hasebis, CEO of Google Deep Mind at the World Economic Forum in Davos, Switzerland.

He runs Google's AI Research Lab, which put out, for all of us, Gemini.

Different models are getting good at different things, you know, maybe like Claudefus Co, specifically,

things like Gemini, amazing for multimodal understanding and, you understanding and image generation, things like that.

Hase says there is still a lot left to innovate.

They don't do continual learning. They don't have true creativity yet. They don't do long-term planning and reasoning.

Plus, how hyped is too hyped. AI is all the rage for investors, but part of the industry could be in a bubble.

If you look at things like the new hot startups that raising billions of dollars in a seed round with, you know, no product or technology yet, that seems a little bit frothy to me.

I'm CNBC producer Cameron Costa.

SquawkPod reports from Davos, 2026, Google's Deep Mind CEO,

Demis Hasabees, begins right now.

The World Economic Forum in Davos is a marathon few days.

Joe Kernan, Becky Quick, and Andrew Ross Sorkin are meeting with and interviewing some of the world's most influential leaders.

And this year, few are as influential as those leaders in AI.

You're about to hear from Demis Hasebis.

He co-founded an AI research lab called DeepMind, which Google acquired about 12 years ago.

And just about a decade ago, DeepMind blew every other mind when its AlphaGo AI model

beat the world's best human go player.

Now, that story is completely amazing and thrilling even 10 years later.

I highly recommend you go check it out on YouTube.

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