TLDR · BIG TECH & STARTUPS
OPENAI REPORTEDLY MULLS BUYING JONY IVE AND SAM ALTMAN'S AI HARDWARE STARTUP
Summary from the TLDR newsletter
OpenAI is reportedly in discussions to buy the company former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. Ive is working with Altman on io Products, a startup that aims to build products 'less socially disruptive than the iPhone'. OpenAI may end up partnering with io Products instead of acquiring the startup. io Products currently has a small team that includes former Apple designers. It has reportedly been working on different concepts of AI-enabled devices.