Apple sued by shareholders for allegedly overstating AI progress (Reuters) — Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence
Apple faces lawsuit over alleged misrepresentation of AI . . . Apple faces a class action lawsuit from shareholders alleging the company overstated its AI progress, particularly with Siri The lawsuit claims Apple misled investors about the readiness of advanced Siri features, impacting iPhone sales and stock value This led to significant financial losses for shareholders, with Apple's market value dropping substantially
Apple sued by shareholders for allegedly overstating AI progress Apple sued by shareholders for allegedly overstating AI progress The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in the year ending June 9
Apple sued by shareholders, accused of lying about AI . . . Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri
Apple sued by shareholders for misleading progress in AI A group of Apple shareholders, led by Eric Tucker, sued the company for allegedly downplaying the time it would take for the integration of advanced artificial intelligence into Siri, Apple’s