Google co-founder Larry Page has made a HUGE announcement, Google will be reorganizing itself as a new company, called Alphabet!
According to Page,
“We liked the name Alphabet because it means a collection of letters that represent language, one of humanity’s most important innovations, and is the core of how we index with Google search! We also like that it means alpha‑bet (Alpha is investment return above benchmark), which we strive for!”
Interestingly, the work they will be focusing on does not bear much relation to the internet as one would think but more so in medicine and health.
Under Alphabet, life sciences will become a completely separate division. The company has been in process of recruiting the best scientific talent, from immunologists to nanoparticle engineers and everything in between.
According to the company, it will plans on revolutionizing the health industry and how we have diagnosed and even treated disease.
“Our central thesis was that there’s clearly something amiss in Western medicine,” Andrew Conrad, previously the chief scientific officer at LabCorp and the co-founder of the National Genetics Institute has said.
One of their maind projects it to develop new innovative ways of diagnosing and treating diabetes. Last year Google/Alphabet unveiled a smart contact lens diabetics can use to read blood sugar levels through the tears in their eyes! This seems to be a taste of things to come.
Google/Alphabet is also taking great interest in the human genome and will be studying it very closely.
Other work on the molecular level include a cancer-detecting pill that pairs with a wristband and how to slow down the aging process!
Should be interesting to see what comes of all of this.
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