Tech / The Next Web ·
Apple cuts engineers’ daily AI budgets as it reins in spending
November 4, 2026 at 8:40 PM · Source: The Next Web
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 AI…
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