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It is reported that Apple (AAPL.US) has cut its internal AI budget, signaling that major companies' AI spending is entering the "cost accounting era."

It is reported that Apple (AAPL.US) has cut its internal AI budget, signaling that major companies' AI spending is entering the "cost accounting era."

智通财经智通财经2026/11/04 23:58
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Zhitong Finance APP learned that, according to reports, Apple (AAPL.US) is cutting employee budgets for using artificial intelligence (AI) as part of its cost-cutting efforts, even though the company still seeks to place AI at the core of its operations. According to informed sources, last month Apple quietly lowered the daily spending limit for some engineers' use of AI models from $300 to $200. These sources said Apple is currently planning to further reduce the budget for certain engineering teams, with the daily cap possibly dropping to as low as $100.
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