OpenAI, Jony Ive and Apple
Digest more
Top News
Overview
Impacts
Jony Ive, Sam Altman
Digest more
Top News
Overview
Impacts
OpenAI is acquiring Jony Ive and Sam Altman's startup, io, which will lead creative and design work for OpenAI.
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.
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.
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.
Explore more
Please, for the love of God, do not make it a voice-controlled device. Here's what we know about the possible device that Ive and Sam Altman are teasing in