OpenAI, Jony Ive
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Jony Ive, Sam Altman
Digest more
Top News
Overview
Impacts
OpenAI said it was buying IO, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial intelligence hardware.
Altman and Ive announced OpenAI’s acquisition of Ive’s io in a statement Wednesday, with the deal valued at roughly $6.5 billion after OpenAI acquired 23% of io in a partnership deal in 2024.
OpenAI is acquiring io, the hardware-based AI startup co-created by Jony Ive, OpenAI announced today. Ive has been working with OpenAI CEO Sam
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Jony Ive became renowned for a meticulous design aesthetic that shaped the cultural zeitgeist during a 27-year career at Apple, which he left in 2019.
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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.
The Verge team has a few guesses about the first hardware release from the OpenAI and io combination. Let us know yours in the comments. * Richard Lawler: Speaker / projector combo. * Wes Davis and Andrew Liszewski: Her-style earbud plus puck controller.
Please, for the love of God, do not make it a voice-controlled device. Here's what we know about the possible device that Ive and Sam Altman are teasing in