Archive · 2 Jun 2025
OpenAI Acquires Jony Ive's AI Startup io for $6.5 Billion
OpenAI, the company behind ChatGPT, is buying Jony Ive's AI startup, io, for a large sum.
Jony Ive, the designer behind the iPhone, will help OpenAI create new AI-powered devices.
The aim is to bring AI in a human-centered way.
The acquisition will give OpenAI access to 55 hardware and software experts.
The first new device is expected to be released in a couple of years.
OpenAI is acquiring io, an AI device startup founded by Jony Ive.
The deal is valued at $6.5 billion in an all-stock acquisition.
Ive will assume 'deep design and creative responsibilities' at OpenAI.
The acquisition includes 55 hardware engineers and software developers.
The first AI device is anticipated to debut in 2026.
- Who
- OpenAI and Jony Ive.
- What
- OpenAI is acquiring Jony Ive's AI startup io.
- When
- The acquisition is underway, with the first device expected in 2026.
- Where
- Not explicitly stated.
- Why
- To develop new AI-powered devices.
- Buyer
- OpenAI
- Seller
- io (Jony Ive)
- Deal Value
- $6.5 billion
- Key Figures
- Sam Altman and Jony Ive
- Device Focus
- AI-powered devices
- Expected Release
- 2026
Sources
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