Apple has reduced the daily budget its engineering teams can spend on AI from $300 to $200, with further cuts planned, possibly down to $100 or even $25 for some teams. This shift reflects growing caution about the high costs of AI usage compared to unclear productivity benefits. The move signals a more measured approach to AI spending after an initial surge in usage driven by efficiency goals. Apple is reassessing its AI investment to balance innovation with cost control.
Apple's market cap stands at $4.84 trillion as of Nov 05, 2026 08:41 WIB, with a dividend yield of 0.33%. On Pluang, the stock price is $350.02, up 5.46% in the past day, reflecting strong investor interest despite the company's move to cut AI budgets. Trading volume is robust at over 61 million shares, while most Pluang users are selling, with 72% of order activity as Sell and 28% as Buy.
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