OpenAI acquires Jony Ive’s io for $6.5 billion to develop AI-powered devices
OpenAI and former Apple design chief Jony Ive have announced a major partnership that will see OpenAI acquire Ive’s hardware startup io in an all-stock deal valued at nearly $6.5 billion. The acquisition marks OpenAI’s largest purchase to date and signals the company’s serious ambitions to enter the hardware space. According to a joint statement …