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Meta lured AI exec

Meta lured AI exec away from Apple with blockbuster $200M pay package

Meta's poaching of a top Apple Intelligence executive has been a costly exercise, with the social giant doling out $200 million for the worker.

Investopedia on MSN · 35m

Meta Platforms Enticed Apple AI Executive With $200M Pay Package, Report Says

Meta Platforms has reportedly offered a more than $200 million pay package to poach Apple’s top executive in charge of artificial intelligence models, as the Facebook parent builds up its new “Superintelligence” AI division.

The Business Times · 3h

Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources

SAN FRANCISCO] Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200 million package for a former Apple distinguished engineer.

Meta, Ray-Ban and Smartglasses

eWeek · 21h

Meta Invests $3.5B in Ray-Ban, Oakley Maker to Create AI Smart Glasses

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two companies have been in partnership since 2020, collaborating on glasses featuring artificial intelligence technology.

Bloomberg L.P. · 1d

Meta Takes Minority Stake in Maker of Ray-Ban Glasses

Meta Platforms has bought a minority stake in EssilorLuxottica SA, the maker or Ray-Ban glasses. The stake could grow to around 5% according to people familiar with the matter. The companies have been working together to build AI-powered smart glasses.

MarketWatch · 1d

Zuckerberg’s Meta reportedly takes stake in Ray-Ban maker, showing commitment to AI-powered smartglasses

Reuters and Bloomberg News separately reported the 3% stake that Meta has taken in the maker of Ray-Ban glasses, worth about $3.5 billion.

The Verge2m

Meta is trying to win the AI race with money — but not everyone can be bought

Month after month, message after message, the AI engineer was hearing from Meta recruiters. The recruiters were pestering ...

4hon MSN

Is Meta's $14.3 Billion Bet on Scale AI Too Little, Too Late?

Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.

Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

Meta Platforms is racing to secure top artificial intelligence talent for its newly created Superintelligence Labs to better ...

1don MSN

Meta reportedly recruits Apple’s head of AI models

Ruoming Pang previously ran Apple's in-house team that trained the AI foundation models that underpin Apple Intelligence and ...

1don MSN

Pokee AI, a new AI agent startup led by ex-Meta manager, lands $12M to automate online workflows

Michael Cai, head of product engineering), Christopher Wu (head of ML engineering), Zheqing (Bill) Zhu (founder and CEO), and ...

14h

Apple loses AI whiz to Meta with an offer that will make your eyes water

Meta will seemingly pay anything to build its AI team so that it can take on the likes of Google, Microsoft, and OpenAI.

3don MSN

Is Meta’s pricey AI hiring spree worth it? This analyst has doubts.

Meta’s push for top-tier AI talent, which could cost up to $1.4 billion, raises questions about its approach to competing ...

4hon MSN

Will Meta Platforms' New Superintelligence Labs Division Send the Stock Soaring to New Heights?

Meta Platforms ( META) is going big on artificial intelligence (AI). It has been investing and hiring more staff to take ...

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Meta lured AI exec

Meta, Ray-Ban and Smartglasses

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