For some engineering teams, Apple cut the daily spending cap for AI models from $300 to $200 in October, and the company plans to further cut the cap to $100, according to the report.
For some teams outside engineering, Apple is considering reducing the daily cap from the current $100 to $25, per the report.
A spokesperson for Apple declined Bloomberg’s request for comment, per the report.
Employee reactions to the cuts have been mixed, with some saying that few workers were using their fully daily AI budget, and others expressing concerns that this signals broader cost-cutting that could result in layoffs, according to the report.
Other companies have also set limits on employees’ AI spending. Tesla has a $200 weekly limit, Uber has a $1,500 monthly limit and Meta has encouraged employees to use the company’s own tools, per the report.
It was reported in October that companies are finding it increasingly difficult to forecast their AI spending, with just 11% of almost 400 surveyed businesses saying they could accurately predict their AI costs.
The Ramp AI Index released Aug. 12 found that the heaviest spenders had AI budgets more than 600 times larger, per employee, than a typical business. The top 1% of U.S. businesses spend a median of $7,400 per employee on AI in July, the top 10% spent $650 per employee and the median company spent just $11.95 per employee.
The PYMNTS Intelligence report “AI at Work: Why Deeper Enterprise Use Produces Stronger Results” found that among U.S. enterprises with at least $1 billion in annual revenue, 62% said they spend more than $10 million on new forms of AI in the previous 12 months, with the median falling between $10 million and $25 million.
“Enterprises have poured billions of dollars into artificial intelligence tools for their operations, and they’re already putting the technology to use,” the report said. “Now, their task is deciding how much of the business AI should run.”
