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News

Sources: Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs (opens bloomberg.com)

Sources: Apple cut some engineers' daily AI spending cap to $200 from $300 and plans cuts to as little as $100, as cost cutting stokes staff fears of layoffs — Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks …

BloombergNov 4, 2026Details
News

Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours (opens reuters.com)

Figma reports Q3 revenue up 43% YoY to $391.4M, above est., gross margin of 80%, below 81% est., and lifts its 2026 revenue outlook; FIG drops 6%+ after hours — Figma (FIG.N) is leaning on cashing in on its AI features through credits and using its first-party model to power tasks …

ReutersNov 4, 2026Details
AnalysisOpinion

Can enterprise AI pay for the boom? (opens siliconangle.com)

The artificial intelligence buildout is making an enormous bet on what businesses will eventually be willing to pay for intelligence. In our research this summer on forecasting the AI bubble, we argued that a key indicator to watch is productive utilization by enterprise customers.

SiliconANGLENov 1, 2026Details