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My team does ML for a Big Tech co. Considering how much we spend on hardware, and multiplied by all the teams doing ML in the company, we are easily spending millions a day training AI just on business as usual. This seems reasonable for any big tech.

This sounds like non-news to me. Maybe a fluff piece for Apple?

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'Millions of dollars per day' is about $1 billion a year? Considering Apple's annual revenue is about $400 billion and its net income is about $100 billion, it's more than reasonable for apple to spend millions per day beefing up their AI.

I guess 'millions of dollars per day' gets more clicks than 'apple spends less than .25% of its revenue on AI'.

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