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Apple agreed to a $250 million settlement over claims it misled iPhone buyers about delayed Siri AI features, with eligible users potentially receiving up to $95 per device.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Apple agreed to a $250 million settlement in a class-action lawsuit
00:07alleging the company falsely advertised artificial intelligence features,
00:11according to the Associated Press.
00:13The tech giant promoted new Siri AI features
00:16with its Apple intelligence rollout for the iPhone 16 in 2024,
00:20but has yet to deliver the Siri revamp two years later
00:24as it works to keep pace with AI rivals.
00:26The lawsuit alleged Apple promoted Siri features
00:30that did not yet exist and misled consumers into purchasing eligible devices.
00:35The proposed settlement covers about 37 million devices
00:39sold in the United States between June 10, 2024, and March 29, 2025,
00:45including all iPhone 16 models and the iPhone 15 Pro and Pro Max.
00:51Eligible customers could receive between $25 and $95 per device
00:56depending on the number of claims filed.
00:58Apple said it resolved the matter to remain focused
01:01on delivering products and services
01:03while continuing development of Siri AI features.
01:06For all things money, visit Benzinga.com.
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