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Industry

Apple Cuts Staff AI Budgets From $300 a Day as Its Costs Climb

Some Apple engineers' daily AI allowance fell from $300 to $200, Bloomberg reports, with $25 caps considered for other teams. Apple's R&D bill still rose 32%.

By David Merry · 2 min read

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  4. BriefingDailyAI Briefing: Anthropic’s $17bn quarter ends in a loss, plus 4 more

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How AI is changing work, rights and everyday life.

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$878bn

AI capex tracker

Spent by 14 companies building AI infrastructure in the 12 months to their latest results. Updated 3 Nov 2026

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The companies, deals and products shaping AI.

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AI attacks, defences, leaks and safety failures.

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Policy & Regulation

UK Regulators Say Firms Can’t Blame Their AI Agents When Things Go Wrong

Four UK watchdogs say the law already covers AI agents that act for you, and the company behind an agent carries the blame. Fines can reach 10% of global turnover.

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