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OpenAI to Buy Jony Ive’s Stealth Startup for $6.5 Billion

  • OpenAI is acquiring Jony Ive's stealth AI company, io, for $6.5 billion in a deal set to close this summer.
  • The acquisition will give OpenAI a dedicated unit for developing AI-powered devices and bring in former Apple designers, including Ive, known for iconic products like the iPhone.
  • The deal includes 55 hardware engineers, software developers, and manufacturing experts from io, with a vision to launch new products in 2026.
  • Ive and his team will lead all design work at OpenAI, with a focus on software design like ChatGPT, hinting at novel products in the future.

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