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.

OpenAI's latest power move in the AI race is to cast CEO Sam Altman as a Steve Jobs for the new era. Why it matters: Jobs remains Silicon Valley's most revered founder, and since his 2011 death no industry figure has been able to match his success at product innovation,

Another hint Altman and Ive gave the WSJ is that the product will be "capable of being fully aware of a user’s surroundings and life," and "unobtrusive.'"Again, painting the picture of a small smart pin that you can place anywhere.

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.

I really hope OpenAI's new hardware doesn't make me talk to myself in public.

Jony Ive, the famed designer who joined Steve Jobs to develop Apple’s most popular products, will now curate new devices for OpenAI after his startup was acquired by Sam Altman’s firm earlier this week,

AI gadgets are back, baby! Or that’s what Jony Ive and Sam Altman hope. Well, they may not really hope they’re back as much as they hope they’re not completely and utterly cooked. ICYMI, Ive and OpenAI’s CEO,