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5d ago

OpenAI Acquires Jony Ive's Startup io to Develop AI-Powered Device

The $6.5 billion deal brings the former Apple design chief to OpenAI, aiming to create a screen-free device that could redefine personal tech by 2026.

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Jony Ive worked at Apple for just under 30 years.
The short-lived Humane Ai Pin wasn't exactly discreet
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Overview

  • OpenAI has acquired Jony Ive's AI hardware startup io for $6.5 billion in a move to develop a groundbreaking AI-powered device.
  • The device, described as screen-free and unobtrusive, aims to integrate AI seamlessly into daily life and could potentially replace smartphones in the long term.
  • Jony Ive, known for designing iconic Apple products, will take on deep design and creative responsibilities across OpenAI and io.
  • OpenAI plans to ship 100 million AI 'companions' with the new device, which is expected to launch in late 2026.
  • The acquisition, seen as a significant challenge to Apple's dominance, has already impacted Apple’s stock, which dropped 2.3% following the announcement.