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Meta Poached Apple's Pang With Pay Package Over $200 Million [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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Most Read from Bloomberg Singer Akon's Failed Futuristic City in Senegal Ends Up a $1 Billion Resort Are Tourists Ruining Europe? How Locals Are Pushing Back Can Americans Just Stop Building New Highways? Denver City Hall Takes a Page From NASA Philadelphia Trash Piles Up as Garbage Workers' Strike Drags On Meta hired Ruoming Pang, who ran Apple's AI models team, with a pay package in the hundreds of millions over a several-year period, according to people with knowledge of the matter, who declined to be named discussing unannounced compensation details. Apple didn't try to match the offer, as it far exceeds pay at the company for leaders other than Chief Executive Officer Tim Cook. That pay package is in line with other major hires for Meta's new superintelligence team focused on building AI systems that can complete tasks as well as or better than humans, the people said. The team now includes former GitHub chief Nat Friedman and AI startup founder Daniel Gross. Meta
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