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OpenAI could reportedly acquire Jony Ive’s AI device startup for $500M+
- OpenAI is considering acquiring io Products, a consumer electronics startup led by Jony Ive for over $500 million.
- OpenAI may opt for a partnership instead of an acquisition.
- io Products is developing a phone-like device with artificial intelligence features and no screen.
- Entering the consumer electronics market could enable OpenAI to create a new revenue stream.
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