• Apple has agreed to pay $250 million to settle a lawsuit accusing it of misleading customers about AI features.
  • The settlement covers US buyers of iPhone 15 and iPhone 16 between June 2024 and March 2025, who will receive between $25 and $95.
  • Plaintiffs alleged Apple falsely advertised AI capabilities that did not exist at launch.
  • Apple did not admit wrongdoing but settled to focus on innovation.

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