Meta Platforms has made a daring transfer within the escalating race for synthetic intelligence (AI) dominance by hiring Ruoming Pang, one among Apple’s high synthetic intelligence leaders, The Wall Street Journal reported on Tuesday.
Pang, who led Apple’s basis mannequin workforce for AI and machine studying, will be a part of Meta’s lately launched Superintelligence Labs unit. His recruitment reportedly got here with a compensation package deal value tens of thousands and thousands of {dollars}.
The rent marks Meta’s newest effort to assemble a world-class AI workforce, following a $14 billion funding in Scale AI and the addition of notable tech leaders resembling Scale chief government Alexandr Wang and former GitHub chief government Nat Friedman.
Meta chief Mark Zuckerberg is reportedly providing compensation packages of as much as $100 million to safe high expertise from opponents.
Pang’s exit displays broader challenges inside Apple’s AI technique. While he oversaw a 100-person workforce engaged on massive language fashions for Apple Intelligence and different instruments, the corporate has lately reorganized its AI management and is exploring third-party mannequin integration for Siri.
Analysts at Evercore ISI see Apple’s shift as a practical, cost-conscious strategy that preserves flexibility in a quickly evolving AI panorama.
Analysts like Wells Fargo’s Ken Gawrelski view Meta’s aggressive AI investments as justified, given its $1.81 trillion market cap. He maintains a Buy score with a $783 value goal on Meta inventory.The recruitment underscores Meta’s willpower to guide the AI period and alerts continued disruption within the expertise pipeline amongst Big Tech rivals.
Source: www.anews.com.tr