US EditionOpenAI Finalizes Deal for Jony Ive's 'Io' AI Hardware Company
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7 Articles
OpenAI closes its deal to buy Jony Ive’s io and build AI hardware
OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. The blog post initially announcing the acquisition was also scrubbed from OpenAI’s website due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google’s moonshot factory. Now it’s …
OpenAI Closes $6.5 Billion Deal to Buy Jony Ive’s Device Startup
OpenAI has completed its nearly $6.5 billion all-stock deal to buy an AI device startup co-founded by Apple Inc.’s former design chief Jony Ive, cementing the ChatGPT maker’s push into the hardware market.
New York, USA.- OpenAI has completed an agreement of nearly $6.5 billion in shares to purchase an AI device startup co-founded by Jony Ive, former design manager at Apple Inc., thus consolidating ChatGPT manufacturer’s incursion into the hardware market. The purchase, the largest in OpenAI’s history, will provide the company with a unit dedicated to device development with AI. The acquisition of the startup, called io, will also ensure the servi…
OpenAI closes its deal to buy Jony Ive’s io and build AI hardware - WorldNL Magazine
Hayden Field is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets.OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc.The blog post initially…
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