Former Apple design chief Jony Ive and OpenAI CEO Sam Altman tease a mysterious AI hardware prototype coming within a year as OpenAI acquires Ive's company, io, in a nearly $6.5 billion all-stock deal.
The video and statement released by Ive and Altman focused more on praise for each other and the San Francisco Bay Area than on revealing details about the prototype or products to come.
OpenAI's acquisition of io brings 55 engineers, including former Apple executives who worked on products like the iPhone and Apple Watch, with plans to introduce new AI-powered devices in 2026.
Ive's design firm LoveFrom will handle design for all OpenAI products, posing a competitive challenge for Apple in the AI space as Ive develops devices that offer new ways to interact with AI.