Jony Ive, renowned for his work with Apple, will now lead creative efforts at OpenAI as part of a new joint venture called io, which is valued at $6.5 billion. OpenAI CEO Sam Altman has expressed enthusiasm about collaborating with Ive to create innovative AI devices that transcend typical screen interfaces. The development team, approximately 55 members strong, will support this vision under the OpenAI umbrella, while Ive retains his independent design firm, LoveFrom. This partnership positions OpenAI to potentially compete with major tech players like Apple in the consumer hardware space.
OpenAI is taking an all-equity stake in io, a joint venture between Sam Altman and Ive. The deal values the venture at $6.5 billion; OpenAI previously had a 23% stake.
Ive will retain control of his design firm, LoveFrom, which will continue to operate independently, while also inputting into future versions of ChatGPT.
Collection
[
|
...
]