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Stocks· May 05, 2026 at 09:30 PM

Apple settles lawsuit over late Siri AI features for $250 million

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
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AI summary

Apple on Tuesday settled for $250 million a shareholder lawsuit ‌brought after the company delayed artificial-intelligence upgrades to ‌its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. ​federal court in California in 2024, arose after the iPhone maker announced - and started running advertisements for - a bevy of AI upgrades at its annual software developer conference ‌in 2024, saying ⁠they would become available with new iPhones that fall. In 2025, Apple said that the AI

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