Rs 16700000000: After Trapit Bansal, Meta hires this man for record-breaking job offer, his name is…, will work as…
After making headlines for offering a record-breaking salary of Rs 854 crore to young tech talent Trapit Bansal, Meta Platforms Inc. has now made a significant wave with another significant hire. According to a Bloomberg report citing those familiar with the deal, Meta recruited Ruoming Pang, the former head of Apple’s AI models team, for more than $200 million to join its Superintelligence Team. Converting into Indian currency, Ruoming Pang will earn over Rs 1,600 crore.
After Trapit Bansal, Meta hires this man for record-breaking job offer!
Meta is paying out a lot in bonuses, stock bonuses, and long-term contracts to attract some of the best talent from firms such as Apple, OpenAI, and Google. This is a sign of how seriously these tech giants are taking the battle for the best AI talent.
Who is Ruoming Pang? Why is Meta paying him Rs 16700000000?
Ruoming Pang, who previously led Apple’s AI models team, is the most recent big recruit for Meta’s Superintelligence group, which is building advanced AI that can perform tasks as well or better than humans. Pang’s pay package is one of the largest in history for a tech engineer, rivaling top CEO’s compensation packages. Apple chose not to match Meta’s offer, which illustrates how the pursuit of AI talent is changing how firms approach recruiting in technology.
Ruoming Pang is an eminent AI researcher and engineer who has significantly impacted the future of AI at leading technology companies. He has a PhD from Princeton University and worked for Google on notable AI projects such as the Lingvo speech framework and Zanzibar, a global authorization system used by all of Google’s services.
Where did Ruoming Pang study?
Ruoming Pang began working at Apple in 2021 and quickly progressed to lead the Foundation Models team. During his tenure, the team was responsible for innovative and disruptive work like Genmoji, personalized on-device AI notifications, and a greatly enhanced Siri. Overseeing more than 100 engineers working on large language models and generative AI, he played a central role in driving Apple’s ambitious yet low-key AI initiatives.
Meta has been working to recruit the top AI talent from technology companies like Apple, Google, and OpenAI, and Ruoming Pang is one of their most valuable new hires to date. According to industry sources, Apple made no effort to counter Pang away from Meta, which is said to exceed the annual compensation of Apple CEO Tim Cook.
According to Ruoming Pang’s educational qualification, he studied BS, Computer Science from Shanghai Jiao Tong University. In 2000, he completed his Master’s degree, Computer Science from the University of Southern California. Additionally, he completed his PhD, Computer Science at Princeton University.
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