PANews, citing Bloomberg, reported that Apple has lowered the daily budget cap for some engineers using AI models from 300 USD to 200 USD, and plans to further reduce some teams' caps to 100 USD. Apple declined to comment.
A PANews article states that a16z the investment review shows 86%of VC transactions flowing into AI,AI in tool spending, the top 1%companies have median spending approximately times that of the top 10%.