Apple's AI Setback: How CFO Luca Maestri's Budget Cuts Impacted the Company’s Advanced Technologies

In a recent New York Times report, it was revealed that Apple's CFO Luca Maestri significantly reduced the GPU budget for AI development in early 2023, despite Tim Cook's approval to double the investment. This decision has reportedly hampered Apple’s AI efforts, as the company had to rely on less efficient or alternative chips from competitors like Google and Amazon. The report also highlights internal leadership struggles between executives involved in Siri and other AI projects.