Apple is set to pay out $250 million to settle a major class-action lawsuit accusing the tech giant of overselling the capabilities of its Apple Intelligence platform — particularly a long-promised AI-powered upgrade to Siri that consumers say never fully arrived. According to the BBC , the proposed settlement, filed on Tuesday, May 5, in California federal court, stems from multiple lawsuits claiming that Apple marketed its AI tools as a key reason to buy the iPhone 15 and iPhone 16 lineup, despite several headline features either launching late, underperforming, or not being available at all when the devices hit stores. The lawsuits were later consolidated in the U.S. District Court for the Northern District of California. A judge still has to approve the agreement. Under the settlement terms, U.S. customers who purchased eligible iPhone 15 or iPhone 16 models between June 10, 2024, and March 29, 2025, could receive between $25 and $95 per device, depending on the number of claims filed.…