Apple exceeds sales expectations due to strong demand for its iPhone 18 Pro models.
Apple is reducing employee budgets for artificial intelligence usage as a cost-cutting effort. The company lowered the daily AI spending cap for engineering teams in October.
- Apple is reducing employee budgets for artificial intelligence usage as a cost-cutting effort.
- The budgets cover AI tokens, which are units of data processed by models.
Outlets: Business Standard, China Labour Bulletin, Estadão, ORF News (Austria), TechCrunch, The Verge
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