Diamond Member Pelican Press 0 Posted May 21, 2025 Diamond Member Share Posted May 21, 2025 This is the hidden content, please Sign In or Sign Up OpenAI buys iPhone designer Jony Ive device startup for $6.4 billion OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with This is the hidden content, please Sign In or Sign Up Chairman and Chief Executive Officer Satya Nadella at the This is the hidden content, please Sign In or Sign Up Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for $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 that io is merging with OpenAI, while Ive and his “creative collective” called LoveFrom will stay independent. The news comes as OpenAI is rushing to stay ahead in the generative AI race, where competitors including This is the hidden content, please Sign In or Sign Up , Anthropic and Elon Musk’s xAI are investing heavily and regularly rolling out new products. And part of staying ahead in that race includes shoring up its hardware operations. OpenAI is backed by This is the hidden content, please Sign In or Sign Up and was recently valued at $300 billion in a funding round led by SoftBank. This is breaking news. Please check back for updates. This is the hidden content, please Sign In or Sign Up #OpenAI #buys #iPhone #designer #Jony #Ive #device #startup #billion This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/255680-openai-buys-iphone-designer-jony-ive-device-startup-for-64-billion/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.