OpenAI Acquires Jony Ive's AI Device Company, io for $6.5 Billion USD

SummaryOpenAI acquires ex-Apple design chief Jony Ive's AI hardware company io for $6.5 billion USDThe all-stock deal was largely due to a two year collaboration between Ive and Sam AltmanThe deal marks OpenAI's largest acquisition to dateOpenAI has announced its acquisition of io, the AI hardware startup founded by former Apple design chief Jony Ive. OpenAI CEO Sam Altman struck a landmark $6.5 billion USD all-stock deal, marking this OpenAI's largest acquisition to date and a significant move ...