OpenAI has introduced it can purchase io, the AI {hardware} startup co-founded by legendary Apple designer Jony Ive, in an all-stock deal valued at practically $6.5 billion. This marks OpenAI’s daring entry into the {hardware} house.
The acquisition brings Jony Ive — the inventive drive behind iconic Apple merchandise such because the iPhone, iMac, and iPad — and a cadre of former Apple designers into the fold. Together, they’ll spearhead the event of a brand new class of AI-native gadgets underneath a devoted product unit at OpenAI.
In a joint assertion posted on Wednesday (May 21), OpenAI CEO Sam Altman and Ive mentioned their shared imaginative and prescient for a brand new household of AI-integrated merchandise.
Although Ive won’t be a part of OpenAI as an worker, his design collective, LoveFrom, will stay unbiased and can assume deep inventive and design tasks throughout each OpenAI and io.
OpenAI revealed that Altman and Ive have been collaborating “quietly” since 2023, envisioning {hardware} merchandise that seamlessly combine generative AI applied sciences like ChatGPT.
The acquisition positions OpenAI to instantly compete within the shopper {hardware} market, providing purpose-built gadgets optimized for AI interactions — a strategic shift that would redefine how customers have interaction with synthetic intelligence.
OpenAI, founed in 2015, rose to world prominence following the 2022 launch of ChatGPT. Microsoft stays OpenAI’s largest investor.
Both OpenAI and LoveFrom are headquartered in San Francisco, additional cementing the Bay Area because the epicenter of the subsequent wave of AI innovation.
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