OpenAI Acquires AI Device Startup Founded by Former Apple Design Chief

7 days ago

OpenAI has announced its acquisition of the AI device startup io, founded by former Apple (AAPL, Financial) design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. This strategic move represents OpenAI's largest acquisition to date and marks a significant step in its expansion into the hardware sector. The deal establishes a dedicated division within OpenAI focused on the development of AI devices, further solidifying its presence and capabilities in this domain.

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