Meta Platforms has reportedly offered a more than $200 million pay package to poach Apple’s top executive in charge of artificial intelligence models, as the Facebook parent builds up its new “Superintelligence” AI division.

Apple Inc.’s top executive in charge of artificial intelligence models is leaving for Meta Platforms Inc., another setback in the iPhone maker’s struggling AI efforts.

Meta has hired Ruoming Pang, Apple's former head of AI, by offering a staggering pay deal worth over USD 200 million spread across multiple years. This move is part of Meta's aggressive push to build its ‘superintelligence' team with high-profile AI figures from around the world.