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Apple Cuts Engineering AI Spending Cap by One-Third

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Apple is lowering the artificial intelligence (AI) budgets for employees in its engineering teams and those in other teams, Bloomberg reported Wednesday (Nov. 4), citing unnamed sources. For some engineering teams, Apple cut the daily spending cap for AI models from $300 to $200 in October, and the company plans to further cut the cap to […]

The post Apple Cuts Engineering AI Spending Cap by One-Third appeared first on PYMNTS.com .

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