OpenAI Acquires Jony Ive’s AI Hardware Startup for $6.5 Billion

OpenAI has acquired io, the AI hardware startup founded by former Apple design chief Jony Ive, in an all-stock deal valued at $6.5 billion. This acquisition marks OpenAI’s largest to date and signals its expansion into AI hardware development. Ive, known for his iconic Apple product designs, will take on creative and design responsibilities across OpenAI and io. The collaboration aims to develop innovative AI-powered devices, with the first product expected in 2026. Indiatimes+1New York Post+1New York Post

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