Apple has cut some engineers' daily AI spending caps from $300 to $200 and is considering $100, Bloomberg reports. Many non-engineering groups already sit at $100 a day, with some teams eyed for $25, while some senior executives are exempt and Apple declined to comment.
In October, some engineers saw their daily allowance fall from $300 to $200, with a further cut to $100 under consideration.
Many groups outside engineering already operate under a $100 daily limit, and some teams could see that drop to $25.
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Apple confirmed Surprise and Shine for Wednesday, Sept. 9 at 10 a.m. Pacific, the first event under incoming CEO John Ternus. The invite is out. Expected iPhones remain rumor.
Sources told CNBC that Chinese AI lab Moonshot has discussed leasing Nvidia Blackwell capacity from European neoclouds, including talks around clusters of 8,000 or more GPUs. No signed lease has been confirmed.
Apple raised about $7.5 billion in a seven-part U.S.-dollar bond sale on November 5, a term sheet seen by Reuters showed. Peak investor orders reached about $31 billion, according to people familiar with the matter, and proceeds will fund general corporate uses including share buybacks.
fal raised $1.3 billion in a Series F at a $16 billion valuation, led by Bessemer Venture Partners with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price participating, Bloomberg and TechCrunch reported. Bessemer's Talia Goldberg joins fal's board.
Meta priced $15 billion of senior notes in five tranches on November 3, according to its pricing term sheet, with coupons from 5.85% on 2031 notes to 7.50% on 2056 notes. Bloomberg reported orders peaked at about $58 billion and said the deal is part of a cross-border financing of at least $20 billion that includes a euro debut.
