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AIUpdated November 4

Apple cuts some engineers’ AI spending caps.

Apple is looking to expand AI use even as it cuts employee budgets for it, Bloomberg reports, as part of a cost-cutting effort. For some engineers, the daily spending cap has fallen from $300 to $200, according to Asharq Business, citing Bloomberg. And the cuts are not over: more are planned. So the push to use AI more broadly is arriving alongside tighter limits on what some engineers can spend on it.

2 publishers2 reports

Coverage started November 4

Key Actors

  • Apple

Coverage

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