Apple continued by the shareholders who allege that he has overestimated the progress of AI

Apple was continued on Friday by shareholders in a project of collective appeal on the fraud in securities which accused him of minimizing how long he needed to integrate the artificial intelligence advanced in his vocal assistant Siri, injuring the sales of iPhone and his scholarship course.

The complaint covers shareholders who have potentially suffered hundreds of billions of dollars in losses during the year ending on June 9, when Apple presented Several characteristics and aesthetic improvements for its products but have maintained modest AI changes.

Apple did not immediately respond to requests for comments.

CEO Tim Cook, financial director Kevan Parekh and former financial director Luca Maestri are also defendants in the trial brought by the Federal Court of San Francisco.

The shareholders led by Eric Tucker said that during his June 2024 conference around the world, Apple led them to believe that AI would be a key engine of iPhone 16 devices, when he launched Apple Intelligence to make Siri more powerful and friendly. But they said that the company based in Cupertino, California, did not have a functional prototype of AI -based SIRI features and could not reasonably believe that the features would never be ready for the iPhone 16S.

The shareholders said that the truth had started to emerge on March 7 when Apple delayed Some have upgraded until 2026 and continued the World Conference for this year’s developers on June 9, when Apple’s evaluation of its AI progress disappointed analysts.

Apple’s actions have lost almost a quarter of their value since their 26 December 2024, recording a record, annihilating around $ 900 billion in market value.