Reports say Apple is cutting its internal budget for the use of AI
TechCrunch
4h ago
Ai Focus
According to a report by Bloomberg on Wednesday, Apple is reducing the daily expenditure limit that can be used for AI by its engineering teams. In October, this limit was lowered from $300 to $200, and in the future, it may even be reduced to $100. The report also states that in addition to the engineering departments, Apple is also considering lowering the daily limit to $25.
Helpful
No.Help

According to a report by Bloomberg on Wednesday, Apple is reducing the daily expenditure allowance for its engineering team that can be used for AI. This represents a significant change for a company that has been striving to integrate this technology into its engineering processes.

Reports indicate that in October, Apple reduced the daily AI expenditure limit for its engineering teams from $300 to $200. Further cuts are also in the works; people familiar with the matter told Bloomberg that some of these limits could be lowered to $100 per day. Additionally, according to the reports, Apple is also considering setting a daily limit as low as $25 for areas outside of the engineering department.

TechCrunch has contacted Apple for a comment on this matter.

Earlier this year, a wave of " tokenmaxxing " swept through, with companies encouraging their employees to use AI as much as possible, on the grounds that it could bring about some vaguely defined improvements in efficiency. However, this enthusiasm did not last long, as the related token bills began to expire. Subsequently, companies realized that rationing the use of token might be a more financially rational approach.

There is still concern from the outside world that there seems to be a significant gap between the construction and operating costs of AI and the productivity improvements that this technology is supposed to bring, yet the latter are often not clear at all.

Tip
$0
Like
1
Save
0
Views 62
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
French bank Cr é dit Mutuel Ark suffers $133 million cyberattack; funds may have been transferred to cryptocurrencies
French banking group Cr é dit Mutuel Ark disclosed that hackers entered the system through a third-party service provider platform and used the bank's own accounts to initiate fraudulent transfers, involving an amount of approximately 118 million euros (133 million US dollars). The bank stated that some of the funds have been intercepted, but the final loss has not yet been confirmed; it is possible that the funds were converted into cryptocurrencies after being transferred to other financial institutions. At the same time, the bank emphasized that customer assets were not affected.
crypto.news
·2026-11-05 13:35:57
16
NVIDIA Releases CUDA Toolkit 13.5: Official Support for Vera Rubin, Upgrading Multiple GPU Communications
NVIDIA officially released CUDA Toolkit 13.5 on November 4th local time, providing official support (GA) for the next-generation AI computing platform Vera Rubin. This update also includes multiple upgrades to GPU scheduling, multi-GPU communication, mathematical calculation libraries, and performance analysis tools, and simultaneously releases R620 series data center GPU drivers.
The Block
·2026-11-05 13:35:55
15
Economists say Wall Street may have overly high expectations for Democrats to control Congress
An economist stated that the impact of Democrats controlling Congress on the market may not be as significant as investors expect. Despite the sharp rise in U.S. stocks after the mid-term elections, the White House still retains considerable discretion in trade, diplomacy, and administrative actions. The greater risks for the market lie in the effects of policy, inflation, the Federal Reserve, and geopolitics on various sectors.
Businessinsider
·2026-11-05 13:35:49
18
EDP Renewables Stock Price Rises After Substantial Profit Growth in 2026
EDP Renewables Announces a 133% Year-on-Year Increase in Recurrent Net Profit for the First Nine Months of 2026, Driven by Strong U.S. Business and Revenue from the Sale of Renewable Energy Assets. The company also disclosed that CEO Miguel Stilwell d' Andrade will step down at the end of his term in 2027, and the succession process has been initiated.
Coinpaper
·2026-11-05 13:27:48
17
Kyndryl Accelerates Corporate Modernization with Proxy AI and AWS
Kyndryl Announces Collaboration with AWS to Launch an Integrated Proxy-based Modernization Solution, Combining Kyndryl Agentic Modernization services-as-software and AWS Transform to Help Customers Modernize Their Applications Faster, Reduce Transformation Risks, and Establish a Technology Foundation for AI.
PR Newswire
·2026-11-05 13:08:16
25
View More