OpenAI, Jony Ive
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Sam Altman and OpenAI announced a $6.4 billion deal on Wednesday to buy io, the AI hardware startup of Apple's former chief design officer Jony Ive.
OpenAI is acquiring Jony Ive and Sam Altman's startup, io, which will lead creative and design work for OpenAI.
Altman and Ive announced OpenAI’s acquisition of Ive’s io in a statement Wednesday, with the deal valued at roughly $6.5 billion after OpenAI acquired 23% of io in a partnership deal in 2024.
Jony Ive's career was mainly at Apple, designing products like the iPhone and Mac. Now he'll work at OpenAI, which bought his AI device startup io.
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.
Jony Ive and Sam Altman are teaming up to make AI hardware.They aren't giving too many clues about what it would be like, but probably screen-free, and not a phone.Please, I beg you, Jony and Sam: Do not make me talk to a device in public.
More details are trickling out about Jony Ive and Sam Altman’s new AI device. In a post on Thursday, Apple analyst Ming-Chi Kuo says his research indicates that the device could be larger than Humane’s AI pin, but with a “form factor as compact and elegant as an iPod Shuffle.”