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Shareholders sue Apple for overstating AI progress, Siri delays
short by Vaishnavi Mishra / on Sunday, 22 June, 2025
Apple was sued by shareholders who accused it of downplaying how long it needed to integrate advanced AI into its Siri voice assistant. Shareholders claimed during June 2024 WWDC Apple led them to believe AI would be a key driver of iPhone 16 devices. But Apple disappointed them with modest AI changes, hurting iPhone sales and stock price.
read more at Reuters