OpenAI Acquires AI Devices Company Founded by iPhone Designer Jony Ive for $6.5 Billion

OpenAI CEO Sam Altman struck a deal to acquire io, the product-development startup founded by Jony Ive — the former Apple design guru behind the iPhone — in a deal valued at $6.5 billion. The all-stock deal is OpenAI’s biggest acquisition to date. Privately held OpenAI previously owned a 23% minority stake in io. The […]

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