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

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 funding from Emerson Collective, is developing AI-enabled devices including smart home gadgets with a goal of creating products that are "less socially disruptive than the iPhone."