Tools & Platforms

Apple’s Top AI Engineer Leaves for Meta with Jaw-Dropping Pay

Published

2 months ago

July 10, 2025

Kirti Chauhan

Apple’s Top AI Engineer Leaves for Meta

Key Highlights:

Apple’s top AI leader, Ruoming Pang, is leaving for Meta with a multi-million dollar salary offer.
Pang led a large team working on AI models powering Siri and other Apple features.
Several other Apple AI engineers are expected to follow him to Meta or other companies.
Meta is investing heavily in AI and aggressively hiring top talent to compete with rivals.

Apple has lost one of its top artificial intelligence (AI) executives, Ruoming Pang, who led the company’s important AI models team. He is now joining Meta, the company behind Facebook, Instagram, and WhatsApp.

Ruoming Pang was a key engineer managing Apple’s foundation models, which help power many AI features in Apple devices, such as Siri and Apple Intelligence. He joined Apple in 2021 from Google’s parent company, Alphabet. Now, Meta has offered him a very attractive salary package worth tens of millions of dollars per year, which led to his decision to leave Apple.

This move highlights the fierce competition among big tech companies like Apple, Meta, Google, and OpenAI to hire the best AI talent. Meta has been aggressively recruiting AI experts recently, including people from OpenAI and other startups, to build advanced AI systems they call “superintelligence.”

At Apple, Ruoming Pang was in charge of a team of about 100 people working on large language models — the technology behind many AI-powered apps. Recently, Apple announced it would open these models for third-party app developers to create new AI-based iPhone and iPad apps.

However, Apple’s AI team has been facing challenges and internal changes. Some engineers are reportedly planning to leave, and the company is considering using AI technology from outside companies like OpenAI or Anthropic to improve Siri, its voice assistant.

Apple’s AI efforts have also seen leadership changes, with some teams moving away from Ruoming Pang’s group. Now, Zhifeng Chen will lead the foundation models team, with a new structure of managers to help run the work.

Apple is still investing heavily in AI, with top executives like Craig Federighi and Mike Rockwell focusing on new AI features. But losing a top leader like Pang shows how competitive and difficult it is for Apple to keep pace in the fast-moving AI field.

Meta, led by CEO Mark Zuckerberg, is spending billions on AI and making it a top priority. Zuckerberg has personally been involved in recruiting top AI engineers to build the future of AI at Meta.

In summary, Apple’s loss of Ruoming Pang to Meta is a major sign of the ongoing “war for AI talent” among tech giants. It remains to be seen how Apple will respond and strengthen its AI efforts going forward.

Source link

Up Next

Many SMBs say they can’t get to grips with AI, need more training

Don't Miss

Analysis: Renewables missing out on AI investment boom despite fuelling the technology – Business Green

Kirti Chauhan

Click to comment

Tools & Platforms

Marvell Technology Stock Plunges 18.6% as Weak Outlook Overshadows AI Gains

Published

59 minutes ago

August 31, 2025

Ran Melamed

Marvell Technology (MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came despite second-quarter results showing strong growth in revenue, steady profits, and earnings in line with expectations. However, investors focused on the outlook rather than the recent gains, which led to a selloff in the stock.

Elevate Your Investing Strategy:

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

On Thursday evening, Marvell Technology reported adjusted earnings of $0.67 per share, matching The Street’s estimates. Revenue reached $2.006 billion, slightly below the $2.01 billion consensus. Even with this small gap, total revenue rose 58% from the same quarter last year. The company’s data center unit led the surge, with sales up 69% to $1.49 billion, and it now accounts for nearly three-quarters of Marvell Technology’s overall business.

Weak Forecast Weighs on Analysts’ View

However, the company’s guidance for the third quarter shifted the market’s focus. Marvell Technology projected revenue of $2.06 billion, give or take 5%. That figure came in below the Street’s $2.11 billion target. Executives said data center sales will stay flat in the coming quarter before improving toward year’s end. In the meantime, analysts noted that investors have grown used to upbeat reports from companies tied to artificial intelligence, so the lower outlook stood out.

During the earnings call, Chief Executive Matt Murphy said demand for custom silicon and electro-optics products remains strong, with more than 50 new AI design projects underway. Yet he acknowledged that timing around new deployments will affect near-term results.

After the release, several banks adjusted their stance. Bank of America’s five-star analyst Vivek Arya cut his rating on Marvell Technology to Neutral from Buy and reduced its price target to $78 from $90. UBS’s top analyst Quinn Bolton reduced his target to $80 from $85, retaining a Buy rating. Morgan Stanley five-star analyst Joseph Moore also dropped his target to $76 from $80 and a Hold position. Many of these cuts reflected caution around the pace of major cloud projects, including Microsoft’s (MSFT) Maia accelerator and Amazon’s (AMZN) next-generation chips.

Stock Levels and Market View

Marvell Technology shares have now fallen more than 40% in 2025 and trade about 50% below their January high of $126.06. Despite the weak forecast, the company posted $461.6 million in operating cash flow and kept gross margins at 59.4%. Investors will look to the fourth quarter and beyond for signs that key AI partnerships with Amazon and Microsoft can deliver stronger growth.

Is Marvell Stock a Buy?

Despite the stock’s crash on Friday, Marvell Technology continues to boast a Strong Buy consensus among analysts. The average MRVL stock price target stands at $88.52, implying a 40.81% upside from the current price.

See more MRVL analyst ratings

Disclaimer & Disclosure Report an Issue

Source link

Tools & Platforms

Meta reportedly explores using rival AI models to enhance its apps

Published

1 hour ago

August 31, 2025

Emma Job

Meta is exploring the use of AI models from Google and OpenAI to enhance its apps while advancing its own Llama AI technology.

Meta is reportedly exploring the use of artificial intelligence models developed by competitors, including Google and OpenAI, to improve AI features across its platforms. According to a report by The Information, executives at the Meta Superintelligence Lab have considered integrating Google’s Gemini model into the company’s Meta AI chatbot. The move would enable Meta to offer a more robust, conversational text-based solution for answering user search queries.

The report also indicated that Meta has held discussions about incorporating OpenAI’s technology into Meta AI and its other AI-powered features. These potential collaborations highlight Meta’s effort to strengthen its AI capabilities while continuing to develop its own large language model, Llama.

Strategic partnerships as a temporary measure

A Meta spokesperson stated that the company is taking an “all-of-the-above approach to building the best AI products,” which includes both building in-house solutions and partnering with external organisations. The report noted that while Meta is exploring external technology, the company’s primary goal is to refine and advance its own AI systems. Leveraging competitor models would only be a temporary measure to accelerate innovation and keep pace with rivals in the rapidly evolving AI market.

Meta’s interest in adopting external AI tools comes at a time when competition in generative AI development is intensifying. By accessing technologies from industry leaders such as Google and OpenAI, Meta aims to enhance user experiences on its apps while gaining insights that can help strengthen future iterations of Llama.

Internal AI adoption and recruitment efforts

The Information reported that Meta employees are already using Anthropic’s AI models to support the company’s internal coding assistant. This indicates that Meta has been integrating third-party AI solutions internally even as it invests heavily in its own research and development.

Additionally, Meta has been actively recruiting AI researchers from Google and OpenAI to enhance expertise at its Superintelligence Lab. These recruitment efforts reportedly include highly competitive compensation packages designed to attract top talent from across the AI sector.

As Meta continues to refine its AI strategy, the company’s willingness to work with external partners shows its commitment to creating cutting-edge products. The temporary reliance on competitor models could help Meta accelerate development and maintain a strong position in the AI race.

Source link