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The newly independent group will be led by current Life Sciences project manager Andy Conrad, a molecular biologist who joined the X Labs project in 2013, now as CEO of the business.

To do that, Page and co-founder Sergey Brin are planning to give Google a new parent company called Alphabet.

Larry Page and Sergey Brin, who founded Google 18 years ago as students at Stanford University, will become chief executive and president of Alphabet respectively, while Sundar Pichai will head up Google.

After completion of the Alphabet merger, Page will become Alphabet’s CEO, and Sergey Brin, who cofounded Google with Page, will become president of Alphabet.

Google’s reshaping under newly formed parent Alphabet gives the tech giant more ability to focus on its core business, while offering startup-like flexibility to long shot, trailblazing projects.