The Financial Stability Board says AI now drives more than a third of private-credit deals, up from 17%, and warns a valuation correction or electricity-supply shortfall could leave investors with 'sizeable' losses.
The iPhone maker will pay $25 to $95 per device to US buyers of the iPhone 15 and 16, ending a class action that argued Apple's AI marketing promised features the company has yet to ship. Apple admitted no wrongdoing.
