Apple Settles False Advertising Claim Over Missing AI Features

Apple agreed to pay $250 million to settle a shareholder lawsuit that alleged that the company failed to add artificial intelligence features to its iPhone at the time it had promised, Reuters reported Tuesday (May 5). The proposed settlement needs a judge’s approval, and the agreement does not include an admission of fault by Apple, according to the report. The lawsuit was filed in California and alleged that shareholders were harmed when Apple released iPhones in fall 2024 without AI capabilit