<ul><li>OpenAI is in talks to acquire io Products, an AI hardware startup co-founded by former Apple design chief Jony Ive and OpenAI CEO Sam Altman.</li><li>The potential deal could exceed $500 million.</li><li>io Products is developing AI-enabled consumer devices, including a screenless phone and smart home gadgets.</li><li>If the acquisition goes through, it would enable OpenAI to expand its revenue streams beyond ChatGPT and API services.</li></ul>

OpenAI in talks to acquire former Apple design chief Jony Ive’s AI startup for $500M

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