June 22, 2025

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Apple Siri AI Lawsuit, OpenAI GPT Cooking Coach, Microsoft AI

Apple is currently facing a shareholder lawsuit alleging that the company misled investors regarding the progress and timeline of its AI initiatives, particularly with Siri. The lawsuit claims delays in releasing upgraded AI features for Siri negatively impacted iPhone sales, leading to a $900 billion loss in market value. CEO Tim Cook and other executives are named in the suit. The suit references a delay in Siri updates announced in March 2025 and the lack of new Siri features at WWDC 2025. One shareholder claims Apple lacked a working prototype of the personalized Siri version previewed at WWDC 2024. In other AI news, the Legaltech AI market is projected to reach $8.5 billion by 2031, while the AI Trust, Risk, and Security Management Market is expected to hit $13.5 billion by 2033. Companies are increasingly using AI to improve document analysis, manage risks, and ensure security. Howard Marks from Oaktree Capital Management used Perplexity AI to assist in writing a memo about California's fire insurance market. Barcelona is testing an AI system on buses to detect traffic violations, while Delish has launched an AI voice assistant called "Cooking Coach" for hands-free cooking, utilizing OpenAI's GPT and trained on 30,000 recipes. The music industry is also developing AI technology to identify and manage AI-generated songs. Web3 ai tokens are gaining traction as AI trading becomes more popular, with the platform raising $8.3 million. Aleran's B2B platform uses AI to personalize e-commerce experiences. Microsoft's Autumn Nash discussed AI, security, and human psychology at LinuxFest Northwest. Geoffrey Hinton, the 'Godfather of AI,' suggests that plumbers are less likely to be replaced by AI compared to roles like legal assistants.

Key Takeaways

  • Apple is being sued by shareholders who allege they were misled about Siri's AI upgrades, leading to a $900 billion market value loss.
  • The Legaltech AI market is projected to reach $8.5 billion by 2031, driven by AI's impact on document analysis and contract review.
  • The AI Trust, Risk, and Security Management Market is expected to reach $13.5 billion by 2033, reflecting the growing need for AI governance and security solutions.
  • Howard Marks used Perplexity AI to help write a memo on California's fire insurance market.
  • Barcelona is testing an AI system on buses to detect traffic violations.
  • Delish has created "Cooking Coach," an AI voice assistant powered by OpenAI's GPT, for hands-free cooking.
  • The music industry is developing AI tech to identify and manage AI-generated music.
  • Web3 ai tokens are gaining popularity as AI trading tools emerge, with the platform raising $8.3 million.
  • Aleran's B2B platform uses AI to personalize e-commerce and improve customer buying experiences.
  • Geoffrey Hinton suggests that plumbers are less likely to be replaced by AI compared to roles like legal assistants.

Apple faces lawsuit over Siri AI delays and stock drop

Apple is being sued by shareholders who claim the company misled them about Siri's AI upgrades. The lawsuit states that Apple's delay of these upgrades hurt iPhone 16 sales and caused a $900 billion market value loss. CEO Tim Cook and other executives are named in the suit. Shareholders seek to recover billions in losses, citing concerns over Siri's performance and competition from brands like Xiaomi.

Apple Intelligence and Siri delays lead to shareholder lawsuit

Apple is facing a lawsuit from shareholders over delays in Apple Intelligence and Siri updates. The lawsuit claims Apple misled investors about integrating AI into Siri, which negatively impacted iPhone sales and the company's stock price. Executives like Tim Cook are named as defendants. The suit references a delay in Siri updates announced in March 2025 and the lack of new Siri features at WWDC 2025.

Shareholder sues Apple claiming Siri delays hurt stock price

An Apple shareholder, Eric Tucker, is suing Apple over false statements about a personalized Siri version previewed at WWDC 2024. The lawsuit claims Apple lacked a working prototype and misled investors, causing the stock price to drop. CEO Tim Cook and other CFOs are named in the case. Apple announced in March that the Siri features would be delayed, with a possible rollout in iOS 26.4.

Apple sued by shareholder over Siri AI delay and demo

Apple is being sued by a shareholder over delays in the Personalized Siri AI feature. The lawsuit alleges Apple misled investors with a fake demo at WWDC, causing a 13% stock crash. The complaint states Apple lacked a working prototype of the Siri feature. The company delayed the release due to reliability concerns, planning to launch it next year.

Legaltech AI market to reach $8.5 billion by 2031

The Legaltech Artificial Intelligence market is expected to reach USD 8.5 billion by 2031, growing at a rate of 15.2% from 2025. AI is transforming legal operations by improving document analysis, contract review, and case research. Law firms are adopting AI tools to increase accuracy and reduce costs. North America currently leads the market, but emerging regions are also showing growth. Key players include Clio, Everlaw, and LexisNexis.

AI trust, risk, and security market to hit $13.5 billion by 2033

The AI Trust, Risk, and Security Management Market is expected to reach USD 13.5 billion by 2033, growing at an 18.2% rate. The market is growing as companies use AI and need to manage risks and ensure security. AI integration requires solutions for data privacy, bias, and cybersecurity. Key companies include IBM, SAP, and Oracle. The market includes AI Governance, Risk Analytics, and Compliance Tools.

Howard Marks uses AI to help write memo on fire insurance

Howard Marks, co-founder of Oaktree Capital Management, used the AI tool Perplexity to help write his latest memo. The memo discusses how regulations have affected California's fire insurance market. Marks used Perplexity to explain the background, saying the AI's output was close to what he would have written. He also included his own commentary and a quote from Warren Buffett.

Barcelona uses AI on buses to track bad drivers

Barcelona is testing an AI system on city buses to detect drivers who illegally use bus lanes and stops. The system, developed by Hayden AI, uses cameras to record violations, but does not record license plates or issue tickets during the pilot program. The data is reviewed by a TMB officer. New York City previously used AI to issue traffic tickets, but made errors.

Delish creates AI voice assistant for hands-free cooking

Hearst's Delish created an AI voice assistant called "Cooking Coach" to help home cooks follow recipes without using their hands. The tool was developed using OpenAI's GPT and is trained on Delish's 30,000 recipes. Users can ask the assistant to find recipes, suggest ingredient swaps, set timers, and answer cooking questions. The Delish team is tracking how users interact with the tool to improve it.

Music industry builds AI tech to find AI-generated songs

The music industry is creating technology to track AI-generated music. This tech aims to identify synthetic content early and tag it with metadata for licensing and control. Companies are building detection systems into music creation tools and platforms. The goal is not just to remove AI music, but to manage how it is used. Deezer is flagging AI-generated tracks to reduce their visibility.

Web3 ai tokens sell out as AI trading gains popularity

PEPE's price is showing mixed signals, with a whale selling tokens despite a bullish chart pattern. Hyperliquid's (HYPE) price dropped even after a $50 million investment. Web3 ai, a platform for AI-powered trading tools, has raised $8.3 million and sold over 22.7 billion tokens. The platform offers real-time market signals, risk management, and scam detection. Early buyers could see returns of up to 1747% at launch.

Can AI help B2B buyers with complex needs?

Aleran's unified B2B platform uses AI to personalize e-commerce and boost sales. The platform helps companies provide customer-focused buying experiences. AI chat simplifies complex purchases by guiding customers through options. The system uses order history and IP addresses to understand buyer intent. Aleran's Catalog Catalyst converts catalogs into interactive buying experiences, increasing order values.

AI, security, and human psychology at LinuxFest Northwest

This article discusses the intersection of human psychology, security, and the era of AI and misinformation. Autumn Nash, a product manager at Microsoft specializing in Linux security, presented on this topic at LinuxFest Northwest. The conference also featured Trey Blalock, a penetration testing specialist.

'Godfather of AI' says plumbers will survive AI takeover

Geoffrey Hinton, known as the 'Godfather of AI', warns that AI is an existential threat. He recommends becoming a plumber because AI will take longer to master physical manipulation. Hinton believes jobs like legal assistants are at high risk of being replaced by AI. He advises people to pursue fulfilling work that contributes to society.

Sources

Apple Siri AI Lawsuit Shareholders Stock Price Tim Cook Apple Intelligence WWDC iPhone Legaltech AI Market Analysis AI Trust Risk Management Security Howard Marks Perplexity AI Tool Barcelona AI System Traffic Monitoring Delish AI Voice Assistant Cooking Coach OpenAI GPT Music Industry AI-Generated Music Web3 AI AI Trading B2B E-commerce Personalization LinuxFest Northwest Human Psychology Misinformation Geoffrey Hinton Existential Threat Job Displacement