JONY IVE AND SAM ALTMAN SEEK FUNDING FOR PERSONAL AI DEVICE

Summary from the TLDR Founders newsletter

Former Apple design chief Jony Ive and OpenAI CEO Sam Altman are partnering to create an AI device that won't resemble a smartphone. Their unnamed startup is seeking up to $1 billion in funding from major venture capitalists, including OpenAI, SoftBank, Thrive Capital, and Emerson Collective.