Meta Hires Ex-Apple AI Engineer With $200 Million Package: All You Need To Know

Apple’s AI struggles could get deeper as reports this week suggest the company has lost one of its senior AI engineers to Mark Zuckerberg's Meta. (Image: File Pic)

Ruoming Pang, part of Apple’s team developing new foundational models has left the Cupertino-based giant to join Mark Zuckerberg’s Meta where he is setting up a team to run the Superintelligence division. (Image: X)

According to a Bloomberg report, Meta offered him a pay package worth over 200 million dollars over a few years. (Image: File Pic)

That’s more than what anyone at Apple earns, except for Apple CEO Tim Cook. (Image: File Pic)

Alongside Pang, Meta has also brought in big names like former GitHub CEO Nat Friedman, AI founder Daniel Gross, and Scale AI’s Alexandr Wang (pictured), who is now Meta’s chief AI officer. (Image: File Pic)

It is interesting to note that the money offered to new hires like Pang and Wang is tied to Meta’s stock. The actual cash includes a base salary and a joining bonus, but the biggest part depends on how well Meta performs over time. Employees will have to stay with the company for several years to receive the full payout. (Image: File Pic)

With Meta poaching employees from rival companies with deal-breaking pay packages, it'll be interesting to see how the AI space expands in the near future.(Image: Pixabay)