OpenAI, Jony Ive and iPhone
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Jony Ive, Sam Altman
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I really hope OpenAI's new hardware doesn't make me talk to myself in public.
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.
Jony Ive, the famed designer who joined Steve Jobs to develop Apple’s most popular products, will now curate new devices for OpenAI after his startup was acquired by Sam Altman’s firm earlier this week,
Supply chain analyst Ming-Chi Kuo is mostly known for Apple rumors, and now says users might be able to wear OpenAI’s future device around their neck.
Sam Altman is working with Ive to secure direct user access, showing how distribution is becoming more important than technology in the AI race.