"Back in May, OpenAI acquired Jony Ive's startup io (yes that's really how it's spelled), part of his LoveFrom creative design company. io was working on a secretive hardware product, and now a new rumor tells us what it is. A pen. Obviously, this will be no ordinary pen. A past report described it as "contextually aware", and io is now part of OpenAI, so this will definitely be an AI pen. What will it do? Your guess is as good as ours."
"io cost OpenAI $6.5 billion, but not really - it was an all-stock deal, so no money actually changed hands. These hardware products are going to be billed as "third-core", meant to complement your laptop and smartphone. Others have tried and failed to add such third devices to our lives in the past, including most recently with AI "pins", so whether OpenAI will succeed really isn't a given. We'll let you know when we find out more."
OpenAI acquired Jony Ive's design startup io, which had been developing a secretive hardware product now rumored to be a pen. The pen is reported to be contextually aware and integrated with OpenAI, implying advanced AI capabilities. OpenAI is said to be developing two more hardware devices, one described as a "to-go" audio device. Manufacturing is likely to be handled by Foxconn, probably in Vietnam, after originally selecting Luxshare to avoid China-based production; a small chance of U.S. manufacturing remains. The acquisition was valued at $6.5 billion but executed as an all-stock deal with no cash exchanged. The products will be positioned as "third-core" devices to complement laptops and smartphones, though past attempts at similar devices have met limited success.
Read at GSMArena.com
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