OpenAI Acquires AI Device Company Founded by Jony Ive for $6.4 Billion

OpenAI has made a substantial acquisition, acquiring the AI device company io, founded by former Apple design lead Jony Ive, for an impressive $6.4 billion. This strategic deal marks OpenAI’s most significant acquisition to date and strengthens its presence in the hardware sector. With the completion of this transaction, Ive and his team at LoveFrom will be responsible for both creative design efforts for OpenAI and io. This integration promises a unique combination of software and hardware engineering expertise, positioning OpenAI for groundbreaking advancements within the industry.