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Apple Cuts Engineering AI Spending Cap by One-Third

Source: PYMNTS ·
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Illustrative image: Fintech Headlines
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…
— Excerpt from PYMNTS
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