✉news BusinessStartups first seen 4 d ago, last 4 d ago, peak #33
Apple trims employee AI token budgets in cost push
Original: Apple cuts AI token budgets for employees as Ternus tightens costs
Apple has reduced the AI token budgets available to its employees, a move attributed to chief financial officer Kevan Ternus as part of a broader tightening of costs. The cut limits how much staff can spend using AI services for internal work, drawing attention to the company's frugal stance on AI spending even as rivals pour money into the technology.
Why now: Apple's cost-cutting on AI contrasts with the massive AI investment race among big tech rivals.
Evidence
- Apple cuts AI token budgets for employees as Ternus tightens costs · Startup Fortune
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