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Pathikrit Bose

Meta Just Poached More Top AI Talent. Should You Buy META Stock Here?

Meta Apple Ruoming Pang Facebook Instagram

Meta’s (META) hiring spree to create a super AI team has led it to recruit talent from OpenAI and Anthropic, with the headline $14.3 billion acquisition of data-labeling company Scale AI perhaps being the most noteworthy. Now, the owner of social media giants such as WhatsApp, Instagram, and Facebook has come knocking on the doors of Apple (AAPL).

According to a recent report by Bloomberg, Ruoming Pang, the head of AI models at Apple, is leaving the company to join Meta for a compensation package reported to be more than a cool $200 million. Pang was responsible for several elements of Apple Intelligence and other on-device features at the iPhone maker. Before Apple, he was also at Google (GOOGL).

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