OpenAI has announced the acquisition of Jony Ive's AI startup, 'io', for $6.5 billion in an all-stock deal, marking its largest acquisition to date. This move highlights OpenAI's ambition to dive into hardware ventures. Following regulatory approval, 55 employees from 'io' will join OpenAI, where they will collaborate on AI-powered devices, with the first product expected to launch in 2026. Ive's firm, part of his LoveFrom design company, was co-founded with former Apple engineers and has been working in partnership with OpenAI for two years to create innovative, contextually aware devices.
OpenAI is acquiring Jony Ive's AI startup 'io' for $6.5 billion, marking its first major entry into hardware.
The first product from this collaboration is slated for launch in 2026 and aims to be a unique, contextually aware device.
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