Thursday, 22 May, 2025

OpenAI Acquires Jony Ive’s AI Hardware Startup io for $6.4B to Pioneer Next-Gen AI Devices

OpenAI is set to acquire io, the AI hardware startup founded by former Apple design chief Jony Ive, in a $6.4 billion all-equity deal, marking its largest acquisition to date. The acquisition aims to develop innovative AI-integrated consumer devices, blending OpenAI's artificial intelligence expertise with Ive's renowned design acumen. Ive and his design firm LoveFrom will assume significant creative roles within OpenAI, driving the company's expansion into the hardware domain.