<ul><li>OpenAI is acquiring io, a startup that CEO Sam Altman and designer Jony Ive have been working on for two years, in a $6.5 billion all-equity deal.</li><li>Jony Ive and his design firm, LoveFrom, will now lead creative and design work at OpenAI, focusing on generative AI technology.</li><li>The collaboration could potentially position OpenAI to compete with Apple in consumer hardware space, impacting Apple's AI development.</li><li>Ive will have an expansive role at OpenAI, working on AI-powered consumer devices, with their first devices expected to debut in 2026.</li></ul>

Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company

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