AI Devices AI News & Updates

OpenAI Acquires Jony Ive's Design Company for $6.5B, Aims to Create AI-Powered Consumer Devices

May 21, 2025 17:59

OpenAI has acquired io, a joint venture between CEO Sam Altman and former Apple designer Jony Ive, for $6.5 billion in an all-equity deal. Ive will lead creative and design work at OpenAI, focusing on developing AI-power...

OpenAI Considers $500 Million Acquisition of Altman-Ive AI Hardware Startup

April 7, 2025 13:13

OpenAI is reportedly considering acquiring io Products, an AI hardware startup co-founded by former Apple design chief Jony Ive and OpenAI CEO Sam Altman, for approximately $500 million. The startup, which has received f...