Apple, who was accused of delaying the launch of the Integrated Siri, was eventually accused of fraud by shareholders.
Reuters reported on Wednesday that a bunch lawsuit against Apple was filed by the San Francisco District Court on suspicion of securities fraud.
In accordance with this, the defendant includes Tim Cook, CEO of Kevan Pollech, CFO, and former CFO Luca.
Eric Tucker, a shareholder, claimed that Apple had mislead investors on the World Developer Conference (WWDC) in June 2024. Without the actual prototype, he promoted the substitute intelligence (AI) function of the iPhone 16 and announced the launch schedule that can’t be kept.
They said the reality began to be revealed on March 7, when Apple played the Siri upgrade to 2026, and the reality was revealed within the WWDC held on June ninth.
Apple’s share price has now lost about one -fourth of the worth for the reason that highest level on December 26, 2024, and the market cap has evolved by $ 90 billion.
Meanwhile, Apple was also sweating in a recent interview with a demoware problem. There was a matter that the AI ​​function introduced last 12 months is simply a fake version for publicity that doesn’t actually exist.
“We have filmed the actual software that works based on a big language model (LLM),” said Craig Feder Gigi, vice chairman of Fedder Rigor.
By Dae -jun Lim, reporter ydj@aitimes.com
