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Apple Cuts Engineering AI Spending Cap by One-Third

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…

Apple Cuts Engineering AI Spending Cap by One-Third

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

More in AI

Did IBM Just Tell the Truth About AI?

Lam Research is a semiconductor machine business that’s breaking records, but its stock price has been cut nearly in half from highs in 2026. Is it a good stock to buy right now?

  • IBM's stock declined despite a 40% revenue increase
  • Service business saw 40% sales growth, projected 30% increase next year
  • Advanced packaging tech expected 70% growth this year

Claude Code Env Vars Don't Persist: 3 of 80 Runs Fell Back to Prod

I told Claude Code export APP_ENV=staging . My next message said to run the script. It printed target = production . Nothing got deployed.

  • Claude Code env vars not persisted between Bash calls
  • New shell starts with each Bash tool call
  • Only working directory persists across calls

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