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Apple cuts engineers’ daily AI budgets as it reins in spending — Blankdot

thenextweb.com2 days ago

Apple cuts engineers’ daily AI budgets as it reins in spending

Apple cuts engineers’ daily AI budgets as it reins in spending

Apple cut the daily AI spending cap for some engineers from $300 to $200 last month and plans further cuts, Bloomberg reports. It comes as CEO John Ternus pushes for a leaner Apple, while the company’s R&D costs rose 32% on AI and infrastructure. Apple has cut how much some engineers can spend on…

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