Demis Hassabis called the award the "honor of a lifetime."GoogleDeepMind researchers Demis Hassabis and John Jumper have won a share of the Nobel Prize in chemistry.The pair were recognized for their work on protein structure prediction.In 2020, DeepMind developed an AI tool to predict protein structures called AlphaFold2.Demis Hassabis, the cofounder and CEO of DeepMind, is one of three researchers to be awarded the Nobel Prize in chemistry.Biochemist David Baker received half of the prize "for computational protein design," while Hassabis and fellow DeepMinder John Jumper shared the other half for their work on protein structure prediction.The pair were recognized for their use of AI to predict protein structures with the DeepMind tool AlphaFold.In a statement shared with Business Insider, Hassabis called the award the "honor of a lifetime.""AlphaFold has already been used by more than two million researchers to advance critical work, from enzyme design to drug discovery.