Published 1 day ago • loading... • Updated 16 minutes ago

OpenAI Acquires Jony Ive's AI Hardware Startup io in $6.5 Billion Deal

On May 21, 2025, OpenAI announced it will acquire io, a hardware AI startup co-founded by Jony Ive, for about $6.5 billion in San Francisco.
The acquisition follows two years of collaboration between Ive, the former Apple chief design officer, and OpenAI CEO Sam Altman on AI devices.
Io, staffed by about 55 engineers including former Apple designers, will develop AI-powered consumer hardware with design input from Ive’s firm LoveFrom.
Ive expressed that his experiences over the past three decades have prepared him for this exact opportunity, while Altman praised him as the greatest designer in the world.
This deal, OpenAI’s largest acquisition to date, could enable it to create innovative AI devices that compete directly with Apple and debut as early as 2026.

Insights by Ground AI

Does this summary seem wrong?

127 Articles

All

Left

Center

Right

The Express Tribune

Center

OpenAI io acquisition: Sam Altman, Jony Ive join forces in $6.4 billion deal

OpenAI announced on Wednesday that it is acquiring io, the AI devices startup founded by renowned designer Jony Ive, in an all-stock deal valued at approximately $6.4 billion. This marks OpenAI’s largest acquisition to date and signals the company’s significant expansion into hardware. The deal includes OpenAI’s existing 23% stake in io, with $5 billion paid as part of this transaction. OpenAI CEO Sam Altman described Ive as “the greatest design…

3 hours ago·Pakistan

Read Full Article

Svenska Dagbladet

Lean Right

Open AI's Giant Deal – to Invest in Hardware

Good morning! Open AI buys the iPhone designer's company in a huge deal, bitcoin reaches its highest price ever, and now even stand-up comedians can be replaced by AI.

5 hours ago·Stockholm, Sweden

Read Full Article

The Atlantic

Lean Left

OpenAI’s Ambitions Just Became Crystal Clear

But when you promise the world a revolutionary new product, it helps to have actually built one.

8 hours ago·Washington, United States

Read Full Article

South China Morning Post

Center

OpenAI buys iPhone designer Jony Ive’s secretive hardware start-up

The ChatGPT maker wants its own hardware platform to avoid selling software through Apple iOS or Google’s Android, analysts say.

8 hours ago·Hong Kong

Read Full Article

Spiegel

Reposted by

manager magazin

Lean Left

Artificial Intelligence: OpenAI Gets Legendary Apple Designer Jony Ive – for $6.5 Billion

Jony Ive once designed the iPhone, now he wants to design new AI devices for ChatGPT developer OpenAI: Nothing is known about details, but the boss is already full of praise.

9 hours ago·Germany

Read Full Article

SFist

Lean Left

Former Apple Designer Jony Ive's Secretive Startup Working on AI Hardware of Some Kind, OpenAI Acquiring It

A big deal in the local tech world was announced Wednesday, as OpenAI is reportedly acquiring Johnny Ive's secretive hardware startup io for $6.5 billion.The acquisition, reportedly an all-stock deal, comes with the announcement of a new company called io, which will work to produce some sort of new AI-based hardware — actually a "family of products" — using technology from OpenAI."I think we have the opportunity here to completely reimagine wha…

13 hours ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year