Apple is reportedly cutting budgets for its internal AI usage
The company is said to be significantly dropping the amount it's spending on AI for its engineering teams.
TL;DR
- Apple has lowered its daily AI spending cap for engineering teams from $300 to $200.
- Further cuts are planned, with some allowances potentially dropping to $100 per day.
- Non-engineering departments might see daily limits as low as $25.
- The decision follows a period where companies pushed AI usage for efficiency, now facing high token costs.
- Concerns exist about the gap between AI costs and its actual productivity benefits.