News

Zuckerberg Spends Big: $200M+ to Snag Apple’s AI Lead For Meta’s Superintelligence Team
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.
Meta’s Obsession With AI Will Make Smart Glasses Finally Click
AI is all the rage these days, and it seems like every company with a big enough war chest is pouring their spare change into ...
Meta Acquires AI Startup That Generates Human-Sounding Voices: 'Great Match for Our Work'
Through the acquisition, Meta is adding fresh talent to its ranks and bringing over the startup's 35 employees.
Meta Hires Top Apple AI Expert
Mark Zuckerberg wooed another elite researcher with pay package in the tens of millions, continuing a recruitment push.
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Apple faces calls to reboot AI strategy with shares slumping
Apple shares have fallen 16% this year while traders bid up the shares of peers like Meta Platforms, which is spending ...
Meta Hires Apple AI Chief In Major Blow To iPhone Maker’s AI Ambitions
Apple’s top AI executive, Ruoming Pang, is leaving for Meta, marking a major blow to the iPhone maker’s foundation models ...
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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 ...
Facebook parent sees price target overhauls after AI poaching hits Apple
Meta Platforms turned heads on Wall Street with an aggressive move to accelerate its artificial intelligence business.