OpenAI Acquires Jony Ive's io for $6.5B, Signaling Major Push into AI Hardware
101 Sources
[1]
Apple legend Jony Ive takes control of OpenAI's design future
On Wednesday, OpenAI announced that former Apple design chief Jony Ive and his design firm LoveFrom will take over creative and design control at OpenAI. The deal makes Ive responsible for shaping the future look and feel of AI products at the chatbot creator, extending across all of the company's
[2]
OpenAI's next big bet won't be a wearable: report | TechCrunch
OpenAI pushed generative AI into the public consciousness. Now, it could be developing a very different kind of AI device. According to a WSJ report, OpenAI CEO Sam Altman told employees Wednesday that the company's next major product won't be a wearable. Instead, it will be a compact, screenless
[3]
OpenAI goes all in with Jony Ive as Google plays AI catchup
OpenAI just made its biggest acquisition yet, scooping up Jony Ive and Sam Altman's secretive device startup, io, in a $6.5 billion all-equity deal. Ive, the legendary designer behind the iPhone and other iconic Apple products, will now lead creative and design work at OpenAI through his firm
[4]
Jony Ive to lead OpenAI's design work following $6.5B acquisition of his company
Famed Apple product designer Jony Ive will now lead creative and design work at OpenAI, the result on an usual deal announced on Wednesday. OpenAI CEO Sam Altman and Ive have been working on an AI device that will move consumers beyond screens for roughly two years, according to The Wall Street
[5]
OpenAI's Big Bet That Jony Ive Can Make AI Hardware Work
Io, a firm Ive and Sam Altman cocreated, will now merge with OpenAI. OpenAI has fully acquired Io, a joint venture it cocreated last year with Jony Ive, the famed British designer behind the sleek industrial aesthetic that defined the iPhone and more than two decades of Apple products. In a
[6]
OpenAI Acquires iPhone Designer Jony Ive's Firm Amid Rumors of Screenless Phone
Thomas is a native of upstate New York and a graduate of the University at Albany. As a member of CNET's How To team, he writes about the intersection of policy, information and technology, and how you can best be served in that area. Outside of work, he can most often be found watching too many
[7]
What to Expect (and Not Expect) From OpenAI and Jony Ive's AI-Centric 'Screenless Phone'
Expertise Energy, solar power, renewable energy, climate issues, EVs, plug-in hybrids, EV charging infrastructure, home electrification, deregulated energy, personal finance, mortgages, home equity, the housing market, loans, banking, taxes, credit cards. AI is coming for your phones -- this you
[8]
OpenAI is buying Jony Ive's AI hardware company
About 55 hardware engineers, software developers, and manufacturing experts will join OpenAI as part of the acquisition. That includes Cannon, Hankey, and Tan. The first devices following the acquisition are set to launch in 2026. In an interview with Bloomberg, Ive called AI hardware misfires
[9]
Jony Ive's AI gadget rumored to be 'slightly larger' than Humane's AI pin
Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. More details are trickling out about Jony Ive and Sam Altman's new AI device. In a post on Thursday, Apple analyst Ming-Chi Kuo says his
[10]
OpenAI goes all in on hardware, will buy Jony Ive's AI startup
On acquiring the startup in a nearly $6.5 billion all-stock deal, OpenAI CEO Sam Altman said he wants AI devices to create 'an embarrassment of riches.' OpenAI is officially getting into the hardware business. In a video posted to X on Wednesday, OpenAI CEO Sam Altman and former Apple designer
[11]
OpenAI Wants to (Eventually) Sell You a Jony Ive-Designed AI Gadget
The ChatGPT maker is spending an estimated $6.5 billion to acquire the former Apple design chief's startup, dubbed io, and Sam Altman has grand plans to reinvent the computer. Can OpenAI reinvent the computer? The company behind ChatGPT is laying the groundwork to do just that with the help of
[12]
OpenAI to buy Jony Ive's io Products for $6.5bn
Michael Acton, Cristina Criddle and George Hammond in San Francisco OpenAI is set to acquire former Apple design chief Jony Ive's hardware start-up io Products for about $6.5bn, according to people familiar with the matter. Sam Altman's AI venture is one of a number of companies betting on
[13]
Will the Jony Ive-Sam Altman show challenge Apple?
The reverberations that ChatGPT sent through one of Silicon Valley's most powerful technology empires say a lot about the nature of disruption in the tech industry. Google had seen off any number of would-be search engine rivals over the years, but here was something different and potentially much
[14]
OpenAI buys Jony Ive's design startup for $6.5 billion
OpenAI is buying Jony Ive's startup, io, for $6.5 billion, as first reported by The New York Times. The company confirmed the news in a blog post on its website headlined by the photo you see above, which is apparently real and not AI generated. As part of the deal, Ive and his design studio,
[15]
Why OpenAI's deal with iPhone designer Jony Ive should be a wake up call for Apple
He became a touchstone in Silicon Valley for great hardware because of his role in the creation of the iPhone and Apple Watch. On Wednesday, Ive returned to the computer industry with a new video, but it wasn't launching a new Apple product. Instead, Ive announced a $6.4 billion deal that will
[16]
Steve Jobs once called designer Jony Ive his 'spiritual partner' at Apple -- OpenAI just bought his tech startup for $6.4 billion
Jony Ive presents the Fashion Icon award on stage during The Fashion Awards 2019 held at Royal Albert Hall in London, England. OpenAI CEO Sam Altman called Jony Ive "the greatest designer in the world" on Wednesday after announcing his company's plan to buy Ive's artificial intelligence device
[17]
OpenAI is buying iPhone designer Jony Ive's AI devices startup for $6.4 billion
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. OpenAI said on Wednesday that it's buying Jony Ive's AI devices startup io for
[18]
OpenAI recruits legendary iPhone designer Jony Ive to work on AI hardware in $6.5B deal
SAN FRANCISCO (AP) -- OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5
[19]
OpenAI Unites With Jony Ive in $6.5 Billion Deal to Create A.I. Devices
The rise of artificial intelligence has profoundly altered the technology world in recent years, upending how software is created, how people search for information, and how images and videos can be generated -- all with a few prompts to a chatbot. What the technology has yet to do, though, is
[20]
Apple designer Sir Jony Ive joins OpenAI
Legendary British designer Sir Jony Ive, who helped create the Apple iPhone, is joining forces with OpenAI, as the artificial intelligence (AI) firm sets its sights on developing hardware. OpenAI, the maker of ChatGPT, will buy a start-up founded by Sir Jony, who will "assume deep design and
[21]
OpenAI's Ambitions Just Became Crystal Clear
But when you promise the world a revolutionary new product, it helps to have actually built one. Sam Altman is done with keyboards and screens. All that swiping and typing and scrolling -- too much potential friction between you and ChatGPT. Earlier today, OpenAI announced its intentions to solve
[22]
Sam Altman and Jony Ive Will Force A.I. Into Your Life
Last Wednesday, OpenAI announced that it was acquiring a company called io, an artificial-intelligence-forward product-development firm co-founded, last year, by Jony Ive, the vastly influential designer known for his work with Steve Jobs at Apple. Ive led the designs of the original iMac, the
[23]
Sam Altman and Jony Ive Will Kill AI Gadgets Long Before They Kill the iPhone
There's a lot more at stake for AI hardware than there is phones. It is, once again, a big moment for AI gadgets. This week, in the midst of a flood of news from Google's I/O, Apple legend Jony Ive, who helped actualize a niche little gadget called the iPhone, announced he's buddying up with AI
[24]
Jony Ive and Sam Altman, Sitting in a Tree, 'K-I-L-L-I-N-G' the Smartphone
Ive and fellow iPhone vets will have a say on ChatGPT development, though they still won’t tell us what the hell they’re making. OpenAI declared it will put up an astronomical $6.5 billion to merge with Jony Ive and his secretive AI device design company. Ive, who helped bring us legendary
[25]
Our 5 Best Theories About OpenAI and Jony Ive's Mysterious AI Gadget
AI gadgets are back, baby! Or that's what Jony Ive and Sam Altman hope. Well, they may not really hope they're back as much as they hope they're not completely and utterly cooked. ICYMI, Ive and OpenAI's CEO, Sam Altman, announced in a post-Google I/O keynote bombshell that they are teaming up
[26]
OpenAI Will Work on Hardware Products With Jony Ive
Jony Ive, the famous designer responsible for many of Apple's most well-known products, is teaming up with OpenAI and its CEO, Sam Altman. This new company will focus on hardware that incorporates AI. This partnership, which has led to the creation of a new company called "io," will bring AI even
[27]
iPhone designer Jony Ive will join OpenAI to build AI-powered devices
Ive's design firm is already working on products for OpenAI, as the company seeks to become a major consumer brand. SAN FRANCISCO -- Jony Ive, designer of some of Apple's most popular products, will join ChatGPT maker OpenAI to help create products that make it easier to use artificial
[28]
OpenAI enters hardware game with ex-Apple team and $6.5B bet
Sam Altman and Jony Ive discuss their collaboration to bring OpenAI into hardware. OpenAI has acquired the AI hardware startup io, founded by renowned designer Jony Ive, in a deal valued at $6.5 billion. The transaction marks OpenAI's largest acquisition to date and brings Ive's expertise in
[29]
OpenAI and Jony Ive's AI product slated for 2027 launch - 9to5Mac
Right after yesterday's bombshell announcement that OpenAI had acquired Jony Ive's AI startup to form a new company called io, the entire tech world immediately began asking, "OK, but what is it?" Now, supply chain analyst and frequent Apple leaker Ming-Chi shared what he was able to gather about
[30]
Jony Ive and Evans Hankey are now OpenAI employees after AI startup acquisition - 9to5Mac
OpenAI has announced the first details about its work with Jony Ive. The announcement includes a video that also answers the mystery of what Jony Ive was filming in San Francisco recently. The effort involves Evans Hankey, who briefly replaced Jony Ive at Apple, and comes in the form of a new firm
[31]
Details Leak About Jony Ive's OpenAI Device Set for 2026 Release
Details about Jony Ive's secretive OpenAI collaboration have leaked from an internal staff call reviewed by The Wall Street Journal (paywalled), and here's what's been revealed. The device won't be glasses or a phone - Ive apparently wasn't keen on making something you'd wear on the body, and both
[32]
Kuo: Jony Ive's Futuristic OpenAI Device Like a Neck-Worn iPod Shuffle
The big news in the technology world this week is that ChatGPT maker OpenAI is working more closely with Apple's former design chief Jony Ive on a futuristic AI device. The company is remaining tight lipped about the device, but Apple supply chain analyst Ming-Chi Kuo has shared some alleged
[33]
OpenAI Buys Jony Ive's AI Startup to Create a 'New Kind of Computing Form Factor'
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 Altman on io for two years, and the duo expects to develop a family of AI devices. Ive will be involved in the design of the device, as will several former
[34]
OpenAI forges deal with iPhone designer Jony Ive to make AI-enabled devices
Jony Ive attends the Metropolitan Museum of Art's Costume Institute benefit gala celebrating the opening of the "Superfine: Tailoring Black Style" exhibition on Monday, May 5, 2025, in New York. Evan Agostini/Invision/AP hide caption OpenAI, maker of leading artificial intelligence chatbot
[35]
OpenAI and Jony Ive are building the 'iPhone of AI' -- here's what that means for you
OpenAI made its boldest move yet, which could completely reshape how we interact with artificial intelligence. The OpenAI CEO has acquired io, an AI hardware startup co-founded by former Apple design chief Jony Ive, in a $6.5 billion deal. Altman hopes to create the "iPhone of AI" -- an intuitive
[36]
Sam Altman and Jony Ive's ChatGPT device is probably going to look like an iPod Shuffle you can wear around your neck - report reveals more about the hyped AI hardware
A new report claims the device will look like an iPod Shuffle and can be worn around your neck, like a necklace Jony Ive and Sam Altman just announced an AI device made by their company, io, is in the works. Now we've got even more info about the mysterious product, and it's rumored to look like
[37]
OpenAI taps iPhone designer Jony Ive to develop AI devices
Are OpenAI CEO Sam Altman and iPhone designer Jony Ive getting married? In a manner of speaking. In an announcement blog post that's giving major engagement photo vibes, OpenAI announced it will start building AI hardware with the iconic iPhone designer, a big win for the AI company. On
[38]
Leak reveals what Sam Altman and Jony Ive are cooking up: 100 million AI 'companion' devices
Former Apple designer Jony Ive (here at a 2017 event) has a grand vision for AI devices. Credit: Brian Ach / Getty Images for The New Yorker / Getty Images OpenAI and Jony Ive's vision for its AI device is a screenless companion that knows everything about you. Details leaked to the Wall Street
[39]
iPhone design guru and OpenAI chief promise an AI device revolution
Sam Altman and Jony Ive say mystery product created by their partnership will be the coolest thing ever Everything over the last 30 years, according to Sir Jony Ive, has led to this moment: a partnership between the iPhone designer and the developer of ChatGPT. Ive has sold his hardware startup,
[40]
OpenAI buys iPhone architect's startup for $6.4bn
The untested hardware startup, called io, was founded by Apple design guru Jony Ive OpenAI is buying an untested startup for $6.4bn, the ChatGPT maker's biggest acquisition yet. The hardware startup, called io, was founded Apple design guru Jony Ive, known best as one of the principal architects
[41]
OpenAI Buys Apple Vet Jony Ive's AI Device Startup for $6.5 Billion
OpenAI is targeting AI-powered hardware in a big way. The AI tech company is purchasing io, an AI device startup, for nearly $6.5 billion. The startup was co-founded by veteran Apple designer Jony Ive, who left the company to form a design outfit, LoveFrom, in 2019. It is OpenAI's priciest
[42]
iPhone designer Jony Ive joins OpenAI, but don't expect a new ChatGPT smartphone
OpenAI is buying Ive's company, io, and they're working on something Jony Ive, who famously designed the iPhone (among other iconic Apple devices), is about to become the design lead for OpenAI, the chatCPT AI giant that, for now, does not make a single hardware device. The Wall Street Journal on
[43]
OpenAI buys Jony Ive's startup io in $6.5B stock deal
OpenAI just made its biggest move yet -- buying Jony Ive's AI startup -- with hopes of building something that feels as magical as the first iPhone. Initially, it was reported that OpenAI would buy Jony Ive's AI startup, simply named "io", for $500 million. To say that the actual sale cost was a
[44]
OpenAI recruits legendary iPhone designer Jony Ive to work on AI hardware in $6.5B deal
OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5 billion. OpenAI said
[45]
Sir Jony Ive joins OpenAI in $6.5bn deal to topple iPhone
Apple's former chief designer Sir Jony Ive has joined OpenAI in a $6.5bn (ÂŁ4.8bn) deal to challenge the iPhone. OpenAI on Wednesday announced the takeover of io Products, a San Francisco start-up founded by Sir Jony and a group of other ex-Apple designers just last year. The takeover paves the
[46]
Legendary Apple designer has been tasked with the impossible -- what is OpenAI and Jony Ive's next move?
Legendary ex-Apple designer Jony Ive is teaming up with OpenAI, the company behind ChatGPT, but what exactly they're working on remains a mystery. Almost a year ago, Ive, the former VP of Hardware Engineering at Apple, announced he was working on a new AI project and collaborating with OpenAI. Now
[47]
You May Laugh When You Hear What OpenAI's Top Secret AI Gadget Allegedly Looks Like
OpenAI's new partnership with famed iPhone designer Jony Ive has the rumor mill churning -- and the latest may give you a guffaw. According to supply chain analyst Ming-Chi Kuo, Ive and Altman's secretive AI companion device -- news of which leaked to the Wall Street Journal last week -- may look
[48]
OpenAI's next big bet: 100 million physical AI 'companions'
OpenAI CEO Sam Altman just said the company has a chance to "do the biggest thing" in its history: roll out 100 million AI-powered devices designed to sit on your desk, fit in your pocket, and integrate seamlessly into your daily life. According to The Wall Street Journal, that was the promise
[49]
OpenAI & Jony Ive's AI necklace rumored to have iPod shuffle form factor
According to analyst Ming-Chi Kuo, OpenAI and Jony Ive are planning a neck-worn AI device with a similar form factor to the iPod Shuffle. TF International Securities analyst Ming-Chi Kuo revealed on X that the new AI device from Jony Ive and OpenAI is expected to enter mass production in 2027. In
[50]
Apple's famed design leader Jony Ive is coming to OpenAI
OpenAI is acquiring io, a hardware startup co-founded by Apple (AAPL) design legend Jony Ive, in a deal valued at approximately $6.5 billion, the company announced Wednesday. The all-stock transaction is OpenAI's largest acquisition to date -- and a major signal that OpenAI is moving aggressively
[51]
Something Weird Is Going on With the Investors in Jony Ive's Startup That Was Just Bought by OpenAI
Back in December, Swedish tech entrepreneur Sebastian Siemiatkowski -- the guy behind Klarna, the infamous burrito financing app -- directed his family investment company to dump $5 billion into AI startups. The investment made up a "mini portfolio" of four "prominent US-based AI companies," a
[52]
No one wants your talking trinkets, Sir Jony
Or maybe not. Altman and Ive share a belief that today's smartphones and tablets don't get us to the fount of wisdom of generative AI easily and quickly enough. New hardware objects - ones we wear, carry or install in the corner of a room, like an Alexa - will make these redundant. But this may be
[53]
Apple Design Legend Jony Ive Joins OpenAI in $6.4 Billion Deal - Decrypt
Get ready for the post-cellphone world. OpenAI today announced the acquisition of io, the year-old AI hardware startup founded by former Apple Chief Design Officer Jony Ive, in an all-equity deal valued at $6.4 billion. The acquisition aims to integrate io's hardware expertise with OpenAI's
[54]
Apple design legend Jony Ive joins OpenAI
San Francisco (AFP) - The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker. Ive and his team will take over design at OpenAI as part of an
[55]
OpenAI is buying iPhone designer Jony Ive's AI devices startup for $6.4 billion
OpenAI said on Wednesday that it's buying Jony Ive's AI devices startup io for about $6.4 billion in an all-equity deal that includes its current stake in the company. Ive is taking on "deep creative and design responsibilities across OpenAI and io," OpenAI said in a statement. The company said
[56]
iPhone designer Jony Ive joining OpenAI to help develop new devices
Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. Jony Ive, the celebrated former Apple industrial design maven behind the look of the iPhone, iPad and other of the technology giant's products, has joined
[57]
OpenAI acquires Jony Ive's io Products in $6.5B all-stock deal - SiliconANGLE
OpenAI today announced plans to buy io Products Inc., a consumer electronics startup led by former Apple Inc. chief design officer Jony Ive. The deal reportedly values one-year-old io Products at $6.5 billion. OpenAI, which already has a 23% stake in the startup as a result of an earlier
[58]
OpenAI acquires former iPhone architect's AI start-up for $6.5bn
OpenAI is interested in creating AI-powered consumer tech, reports say Altman was considering headphones. OpenAI is buying io, the AI start-up founded by former Apple design chief Jony Ive and other former engineers from the company, Scott Cannon, Evans Hankey and Tang Tan. According to
[59]
'OpenAI to Ship 100 Mn AI Devices, io Acquisition to add $1 Trillion in Value' | AIM
The device will also not be a pair of glasses, and Jony Ive has reported scepticism about building anything that can be worn on the body. OpenAI CEO Sam Altman said that the company plans to ship 100 million AI companion devices, following the acquisition of the startup io, led by former Apple
[60]
Are OpenAI and Jony Ive headed for an iPhone moment?
Welcome to AI Decoded, Fast Company's weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week here. OpenAI will acquire the AI device startup co-founded by Apple veteran Jony Ive and Sam Altman, called "io," for nearly
[61]
OpenAI acquires Jony Ive's hardware firm, io, to create AI devices
The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco. As io merges with OpenAI, Jony and LoveFrom will assume deep design and creative responsibilities
[62]
Sam Altman and Jony Ive Launch io to Build Devices for AI Era | AIM
OpenAI will acquire Ive's startup LoveFrom in a nearly $6.5 billion all-stock deal. Jony Ive, former Apple design chief, and OpenAI CEO Sam Altman have announced the formation of a new company, io, focused on building hardware products around artificial intelligence. The announcement marks the
[63]
OpenAI is buying Jony Ive's secretive device start-up in a $10b deal
Los Angeles | OpenAI will acquire the AI device start-up co-founded by Apple veteran Jony Ive in a nearly $US6.5 billion ($10.1 billion) all-stock deal, joining forces with the legendary designer to make a push into hardware. The purchase - the largest in OpenAI's history - will provide the
[64]
OpenAI recruits legendary iPhone designer Jony Ive to work on AI hardware in $6.5B deal
SAN FRANCISCO (AP) -- OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5
[65]
OpenAI's $6.5B deal brings Apple's legendary designer Jony Ive onboard
OpenAI has acquired io, a startup led by former Apple design chief Jony Ive, in an all-equity deal valued at $6.5 billion. As part of the arrangement announced Wednesday, Ive and his design firm, LoveFrom, will lead OpenAI's creative and design work. "Thrilled to be partnering with Jony, I think
[66]
OpenAI plans to ship 100 million pocket-sized AI devices for everyday use
Sam Altman didn't specify how the new devices would operate or what they would look like. OpenAI is planning to develop AI "companion" devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside
[67]
OpenAI recruits legendary iPhone designer to work on AI hardware in $6.5B deal
SAN FRANCISCO -- OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5
[68]
OpenAI Is Buying Former Apple Design Chief Jony Ive's New Company for $6.5 Billion. Here's Why
OpenAI is shelling out $6.5 billion for Jony Ive's one-year-old startup, which is called io. The purpose of the deal is to try to create the best gadgets to house artificial general intelligence -- or as Altman said in a video released with a Wednesday announcement, to "let people use AI to create
[69]
OpenAI buys iPhone designer Jony Ive's hardware startup, names him creative head
Mark Zuckerberg's technology conglomerate Meta is set to launch a standalone artificial intelligence app that will rival OpenAI's ChatGPT. The Meta AI App is set to be released in the latter quarter of 2025, with the company hoping it will become a leader in the field by the end of the
[70]
OpenAI Recruits Legendary IPhone Designer Jony Ive to Work on AI Hardware in $6.5B Deal
SAN FRANCISCO (AP) -- OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5
[71]
Jony Ive and OpenAI Said to Launch AI Device With Cameras in 2027
Its assembly and shipping will likely occur in Vietnam, not China Following the acquisition of former Apple designer Jony Ive's artificial intelligence (AI) hardware startup io by Sam Altman's OpenAI on Wednesday, information has surfaced about the AI device these two companies might be
[72]
OpenAI to Acquire iPhone Designer Jony Ive's AI Startup in $6.5 Billion Deal
Microsoft (MSFT)-backed ChatGPT maker OpenAI announced plans on Wednesday to acquire io, the artificial intelligence startup launched by former Apple (AAPL) design head Jony Ive. The all-stock deal is valued at just under $6.5 billion, with OpenAI paying $5 billion after accounting for its
[73]
'The Coolest Piece of Technology the World Has Ever Seen': OpenAI Is Acquiring Former Apple Designer Jony Ive's Startup for $6.4 Billion
Ive and OpenAI CEO Sam Altman are collaborating on new AI-powered technology that could move consumers away from screens. OpenAI is buying io, an AI device startup founded by iPhone designer Jony Ive, in a $6.5 billion all-stock deal as OpenAI attempts to define the AI-powered devices market.
[74]
OpenAI to Acquire iPhone Designer Jony Ive's Year-old Startup for $6.5B
OpenAI and legendary designer Jony Ive team up to create a new category of A.I.-first consumer devices. OpenAI CEO Sam Altman isn't content with smartphones or laptops as the primary interfaces for A.I. in daily life. Good thing he has Jony Ive, the famed designer behind the iPhone, to help
[75]
OpenAI to buy iPhone designer Jony Ive's AI devices startup
OpenAI is set to acquire Jony Ive's AI devices startup, io, in a significant $6.4 billion all-equity deal, marking its largest acquisition to date. This move follows OpenAI's recent agreement to purchase Windsurf for $3 billion, amidst increasing competition from Google, Anthropic, and xAI.OpenAI
[76]
OpenAI Inks $6.5 Billion Deal to Buy Apple Veteran's Co
OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal, joining forces with the legendary designer to make a push into hardware. The purchase -- the largest in OpenAI's history -- will provide the company with a dedicated unit
[77]
Jony Ive joins OpenAI. A look back at the iconic products that defined his design legacy
Jony Ive is behind some of the most iconic designs from Apple. He started his own brand LoveFrom. His startup was recently acquired by OpenAIIn a move that bridges the worlds of iconic industrial design and cutting-edge artificial intelligence, Sir Jony Ive has officially joined Sam Altman's OpenAI
[78]
Sam Altman's partnership with Jony Ive furthers OpenAI's hardware ambitions
Ive and the his creative collective Loveform started collaborating with OpenAI and Sam Altman two years ago, the ChatGPT maker said in a statement. The startup io was created to one year ago to develop, engineer and manufacture a new family of products.OpenAI is entering hardware territory with its
[79]
Your next best friend might be an AI: Are Sam Altman and Jony Ive planning a 100-million-device revolution to end screens forever?
HR team terminated after manager's CV gets auto-rejected; netizens say AI 'should never replace human judgment'In a revelation that's already stirring waves across the tech world and beyond, OpenAI CEO Sam Altman has outlined his vision for a future, reportedly packed with 100 million pocket-sized,
[80]
ET Explainer: Jony Ive & Sam Altman threaten to take a bite out of Apple
Jony Ive, famed designer of the iPhone, iPad, MacBook Pro and more, is collaborating with Sam Altman's OpenAI. The ChatGPT maker acquired Ive's startup io for $6.4 billion to create AI-powered consumer devices. This partnership positions OpenAI as a competitor to Apple. Altman and Ive envision a
[81]
iPhone Designer Jony Ive Joins OpenAI to Build AI Devices
OpenAI has bought the io startup for $6.5 billion in an all-stock deal. Apple's legendary former chief designer, Jony Ive, who designed the iPhone and several iconic Apple products, is joining hands with OpenAI. Last year, Jony Ive founded an AI-focused hardware startup named "io" along with Scott
[82]
OpenAI Buying io, The AI Hardware Startup Co-Founded By Former Apple Design Chief Jony Ive And Altman Says It Could Redefine How Computers Are Used
OpenAI has been aggressively working towards establishing itself more firmly and extending to varied domains. While the company continues to introduce new models and updates that are more advanced than its previous versions, a new development has come about that emphasizes the company's intention
[83]
The AI-Powered Device Made By The Jony Ive & Sam Altman Tag-Team Will Reportedly Enter Mass Production In 2027; 'Current Sample' Is Slightly Larger Than The Ai Pin, But With No Display
A product previously dubbed the 'iPhone of AI' was said to be under development, with the legendary team-up of Jovy Ive and Sam Altman bringing the device to fruition. At the time, those reports could be considered hot air, but with OpenAI recently acquiring Apple's former design chief's firm, io,
[84]
OpenAI Teams Up With iPhone Designer Jony Ive As ChatGPT Maker Makes Push Into Hardware, Apple Shares Slide - Apple (NASDAQ:AAPL)
Apple Inc AAPL shares are moving lower Wednesday afternoon following multiple reports that OpenAI is set to acquire Apple Veteran Jony Ive's AI device startup. What Happened: Ive will team up with OpenAI as part of a $6.5 billion all-stock deal in which the ChatGPT maker will acquire Ive's io
[85]
The Real Reason the OpenAI-Jony Ive Partnership Is So Strange
Jewish Rapper and Comedian Kosha Dillz Says His Film's Canceled Screening Has Been Reinstated Over three decades working in Silicon Valley, Jony Ive has shaped the shell of the iMac, designed the look of the iPod and come up with the form factor for the iPhone. Pretty much every major piece of
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Apple Faces Uncertain Future as Jony Ive Joins Forces with OpenAI | PYMNTS.com
Apple Inc. may soon find itself navigating unfamiliar territory, as its dominance in the tech industry faces mounting pressure from rivals -- and now, from one of its most iconic former allies. According to Bloomberg, a new collaboration between OpenAI and legendary designer Jony Ive is sending
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OpenAI Acquires Jony Ive's io for $6.4B to Pioneer Post-Smartphone Devices | PYMNTS.com
OpenAI has made a bold move into the hardware space with its $6.4 billion acquisition of io, the design-focused startup led by former Apple design chief Sir Jony Ive. The deal, which was first reported by the Financial Times, represents a significant bet on devices that could redefine how users
[88]
OpenAI Acquires Former Apple Design Chief's AI Device Startup | PYMNTS.com
In a Wednesday (May 21) video, Altman and Ive talked about how their relationship began two years ago. The OpenAI CEO also said that to use ChatGPT today, a user had to turn on a computer, open a web browser, go to ChatGPT's website, type in a query and then wait for an answer. Altman believes
[89]
OpenAI acquires Jony Ive's io for $6.5 billion to develop AI hardware
OpenAI CEO Sam Altman has revealed details of a new AI hardware project being developed with former Apple designer Jony Ive. The plan includes eventually producing 100 million units of a compact device designed for everyday use. During an internal meeting, Altman told employees the initiative
[90]
Apple's AI progress slows as Jony Ive joins OpenAI in major partnership: Report
Jony Ive's recent partnership with OpenAI has raised concerns at Apple, amid the company's loss of top design talent and struggles to keep up in artificial intelligence, Bloomberg's Mark Gurman reported. Jony Ive, the designer behind many of Apple's most iconic products, has teamed up with OpenAI
[91]
Can OpenAI and Jony Ive's mystery device end a string of AI flops?
IO has won the hype, but Apple probably doesn't need to worry yet. So former Apple design chief Jony Ive just sold IO, his stealth AI hardware startup, to OpenAI before anyone knew it existed. The move was announced with a bizarre video and a black-and-white photo of Jony and OpenAI CEO Sam Altman
[92]
Famed iPhone designer and ex-Apple exec Jony Ive joins OpenAI in...
Famed iPhone designer Jony Ive is joining OpenAI after his artificial intelligence hardware startup was acquired by the ChatGPT maker in an all-stock deal valued at nearly $6.5 billion, the company announced on Wednesday. OpenAI's acquisition of Ive's firm, called io, is the largest in the Sam
[93]
OpenAI aims to begin shipping AI devices by late-2026, Altman says- WSJ By Investing.com
Investing.com-- OpenAI CEO Sam Altman told employees that he plans to lead the company in shipping a planned AI device by at least end-2026, the Wall Street Journal reported on Wednesday. Altman told employees at the AI startup that he was targeting sales of 100 million devices, and that OpenAI
[94]
Kuo: OpenAI's device prototype designed by Jony Ive is neck-worn, screenless By Investing.com
Investing.com -- Shares of Apple Inc (NASDAQ:AAPL) continued to dip Thursday following OpenAI's $6.5 billion acquisition of io Products, a design startup led by former Apple designer Jony Ive. The move, seen by many as a potential long-term challenge to the iPhone, marks OpenAI's push into
[95]
Apple stock falls amid OpenAI's acquisition of Jony Ive's startup By Investing.com
Investing.com -- Apple shares (NASDAQ:AAPL) slipped 1.7% following reports from Financial Times and Wall Street Journal that OpenAI is acquiring Jony Ive's hardware startup io Products. The move has raised concerns among investors about potential competition in consumer devices. The acquisition,
[96]
OpenAI recruits iPhone designer Jony Ive to work on AI hardware | BreakingNews.ie
OpenAI has recruited Jony Ive, the designer behind Apple's iPhone, to lead a new hardware project for the artificial intelligence company that makes ChatGPT. OpenAI said it is acquiring io, a product and engineering company co-founded by Mr Ive, in a deal valued at nearly 6.5 billion
[97]
OpenAI buys iPhone designer Jony Ive's hardware startup for $6.5 bln
STORY: He's the man who designed the original iPhone and other famous Apple products. Now Jony Ive is set to work for OpenAI. The ChatGPT maker is buying his hardware startup io Products in a deal sources valued at $6.5 billion. Though none of the parties involved would confirm the terms of the
[98]
OpenAI buys iPhone designer Ive's hardware startup, names him creative head
(Reuters) -OpenAI is buying Jony Ive's startup io Products in a $6.5 billion deal and will bring the chief designer of early iPhones on board as creative head to develop devices tailored for the generative artificial intelligence era. LoveFrom, the design firm founded by Ive after leaving Apple,
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OpenAI to acquire iPhone designer Jony Ive's startup to make next gen AI device
Io brings with it a team of around 55 experts -- including former Apple designers like Scott Cannon, Evans Hankey and Tang Tan. OpenAI is making a major move by acquiring io, a startup founded by former Apple design chief Jony Ive. This all-equity deal values the startup at $6.5 billion, according
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Sam Altman and Jony Ive are cooking the future of AI gadgets: What does this mean?
From the beige boxes of the late '90s to the scintillating aluminium and glass of today, I've seen our devices evolve from mere tools to extensions of ourselves. We've gone from lugging around chunky desktop towers to slipping elegant slabs of silicon into our back pockets. Yet, for all that
[101]
Jony Ive joins hands with OpenAI: A look at every iconic device he made for Apple
After much speculation about OpenAI's potential entry into the hardware segment, the ChatGPT maker has officially confirmed the move. The AI giant has officially announced the acquisition of io, a spinout startup from LoveFrom, founded by the legendary Apple designer Sir Jony Ive. The all-equity
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OpenAI has acquired Jony Ive's company io for $6.5 billion, bringing the legendary Apple designer on board to lead creative and design efforts. This move signals OpenAI's ambitious plans to develop AI-powered consumer devices and take AI "beyond the screen".
OpenAI's Strategic Acquisition of Jony Ive's io
In a groundbreaking move, OpenAI has announced the acquisition of io, a startup co-founded by former Apple design chief Jony Ive, in an all-equity deal valued at $6.5 billion
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. This acquisition marks a significant shift in OpenAI's strategy, signaling a major push into AI-powered hardware development.
Source: New York Post
Jony Ive's New Role at OpenAI
Jony Ive, renowned for his iconic designs at Apple, including the iPhone, iPad, and Apple Watch, will now lead creative and design efforts at OpenAI through his design firm LoveFrom
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. This partnership brings together Ive's unparalleled design expertise with OpenAI's cutting-edge AI technology, potentially revolutionizing the way we interact with AI in our daily lives.The Mysterious AI Device
OpenAI CEO Sam Altman has hinted at the development of a new AI-powered device, described as a "third core device" alongside smartphones and laptops
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. This compact, screenless device is said to be fully aware of its surroundings and designed to integrate seamlessly into users' daily lives. While details remain scarce, the company emphasizes that it will not be a wearable, distinguishing it from other AI hardware efforts in the market.
Source: New Yorker
Strategic Implications
The acquisition of io and the partnership with Jony Ive represent a significant strategic move for OpenAI. By bringing on board one of the world's most renowned product designers, OpenAI is positioning itself to compete directly with tech giants like Apple in the consumer hardware space
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. This move also signals OpenAI's ambition to expand beyond software and into the realm of physical AI-powered devices.Related Stories
Challenges and Expectations
While the partnership between OpenAI and Jony Ive has generated significant excitement, it also faces considerable challenges. Previous attempts at AI-powered hardware by companies like Meta, Google, and Humane have struggled to gain mainstream adoption
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. OpenAI will need to overcome these hurdles and deliver a truly revolutionary product to justify the substantial investment in io.
Source: Gizmodo
The Future of AI Interaction
OpenAI's bold move into hardware development, led by Jony Ive, represents a vision for the future where AI becomes an integral part of our physical world. As Ive stated, "I have a growing sense that everything I have learned over the past 30 years has led me to this moment"
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. This collaboration between OpenAI and Ive has the potential to redefine how we interact with AI, moving beyond screens and into a more intuitive and seamlessly integrated future.References
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