iPhone designer Jony Ive joining OpenAI
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OpenAI said it was buying IO, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial intelligence hardware.
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.
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.
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 LoveFrom has spent two years assembling io, a crack team of specialists to visualise the physical form of Artificial Intelligence. Newly acquired by Sam Altman at ChatGPT, this tech supergr
OpenAI is set to purchase Jony Ive’s IO Products for a deal valued at $6.5 billion. A source familiar with the situation revealed the acquisition, highlighting OpenAI's strategic move to leverage innovative design expertise as it forges ahead in the tech industry.