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Apple delivers surprise win in Big Tech’s AI spending war

Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and defend massive expenditures for AI infrastructure. Investors were irritated by […]

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iPhone owners may get $95 for features Apple never delivered

Millions of iPhone owners could soon receive compensation after Apple agreed to settle claims that it promoted advanced Siri artificial intelligence features that never got to consumers.  The proposed $250 million class-action settlement centers on Apple’s intelligence capabilities showcased during the company’s June 2024 Worldwide Developers Conference and heavily marketed alongside the iPhone 16 launch

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