Apple slashes internal AI budgets, with deeper cuts still planned Maximilian Schreiner View the LinkedIn Profile of Maximilian Schreiner Nov 5, 2026 Tech companies are cutting internal AI spending, and Apple is the latest to follow suit. According to Bloomberg, Apple slashed the daily token budget for some engineers last month from $300 to $200. More cuts are planned, potentially dropping to $100 a day, and as low as $25 for some non-technical teams. Emplo