US EditionOpenAI 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.
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298 Articles
OpenAI’s $6.5B new acquisition signals Apple’s biggest AI crisis yet
OpenAI has just made a move that's turning heads across the tech world. The company is acquiring io, the AI device startup founded by Jony Ive, for nearly $6.5 billion. This isn't your typical business deal. It's a collaboration between Sam Altman, who leads OpenAI, and the designer responsible for some of Apple's most iconic products, including the iPhone and Apple Watch. Together, they want to create a new generation of AI-powered devices that…
OpenAI and Jony Ive team up to build new AI device
OpenAI has acquired design startup LoveFrom’s sister firm Io, founded by former Apple design chief Jony Ive, in a deal worth nearly €6 billion. The purchase is being paid in OpenAI stock, giving the artificial intelligence firm access to a team of engineers and designers once responsible for shaping Apple’s most iconic hardware. The deal marks a major strategic shift for OpenAI as it seeks to create its own hardware platform tailored to AI use. …
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