Why is Apple limiting employee AI spending to ₹2,000 a day despite pushing AI use?

Apple is considering cutting employee AI spending limits to as low as $25 (around ₹2,000) per day for some teams as part of a broader cost-cutting initiative, Bloomberg reported. The move comes despite the company's push for wider AI adoption, as its operating and R&D expenses continue to rise. Employees fear the cuts could signal potential layoffs and restructuring.

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