Image Credits: Cheng Xin / Getty Images 8:12 AM PDT · May 6, 2026 Apple has agreed to pay $250 million to settle a class action lawsuit over how it marketed its AI features ahead of the launch of the iPhone 16. The Financial Times was the first to report the news.  The lawsuit alleged that Apple exaggerated the breadth of features Apple Intelligence would bring, which included a significantly upgraded version of its assistant, Siri. The complaint alleges that the company created the impression that advanced AI capabilities would be available to users sooner than they actually were. In particular, the plaintiffs allege that Apple overstated both the readiness and functionality of these features, particularly the promised improvements to Siri, which have yet to fully materialize. As a result, the complaint claims, people who bought the iPhone 15 or iPhone 16 believed they were paying for cutting-edge AI tools that were not actually available at the time of purchase.…