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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: Bill Wolf	8/22/2025 7:19:40 AM
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Meta Poaches Apple AI Executive Even as It Plans Hiring Slowdown By Mark Gurman August 21, 2025 at 9:00 PM EDT Meta Platforms Inc. is hiring Frank Chu, an Apple Inc. artificial intelligence executive, to join Meta Superintelligence Labs, according to people familiar with the matter. Chu is the latest Apple employee working on AI models to join Meta, following several colleagues, including the head of Apple's AI models team. Meta is slowing its recruitment, with a memo stating that the company is "temporarily pausing hiring across all MSL teams, with the exception of business critical roles", according to a memo seen by Bloomberg News. . . . For Apple, the exodus has brought more upheaval to an AI effort that’s already struggling. The company has been playing catch-up with peers and delayed a high-profile update to Siri. After an executive shake-up, the company is now considering using third-party AI models for the voice assistant — rather than its in-house technology. That development, along with Pang’s departure, sent shockwaves through Apple’s AI models team, spurring the talent drain. bloomberg.com macrumors.com

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