OpenAI Acquires Jony Ive's io Products for $6.5 Billion, Merging AI and Hardware Design
Summary
OpenAI acquires Jony Ive's io Products for $6.5 billion, merging AI with hardware design as Ive and his firm LoveFrom take on creative roles to integrate ChatGPT tech into new devices.
Key Points
- OpenAI closes $6.5 billion acquisition of Jony Ive's hardware startup io Products Inc.
- Ive and his design firm LoveFrom assume deep design and creative responsibilities across OpenAI.
- The deal aims to merge ChatGPT's AI tech with new hardware devices.