Meta finalized the hire within a week, securing an AI leader with a compensation package combining salary, bonus, and stock tied to long-term results.

Mark Zuckerberg wooed another elite researcher with pay package in the tens of millions, continuing a recruitment push.

Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in ...

Under Cook’s leadership, both as CEO, and before that as COO, Apple brought its most important technologies in-house. It designs its own chips, manages its own supply chain, and oversees a services ...

Being a C-suite leader in the age of AI is no small feat. But if you’re the CEO of one of the world’s biggest tech companies, the bar for success is even higher. In a new Fortune article, my ...

Meta Platforms has reportedly offered a more than $200 million pay package to poach Apple’s top executive in charge of ...

Mark Zuckerberg’s Meta has reportedly poached one of Apple’s top artificial intelligence researchers as part of its ongoing ...

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

Apple has reportedly lost its top executive in charge of artificial models to Meta Platforms, as the Facebook parent ...

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

Apple Inc. is facing investor pressure to improve its AI strategy due to a 14.45% drop in share prices this year.