SAM ALTMAN AND JONY IVE RAISING FUNDING FOR SECRET AI DEVICE COMPANY
A secret startup co-founded by OpenAI CEO Sam Altman and former Apple design chief Jony Ive is in talks with significant venture capitalists for funding of up to $1 billion. The startup has held discussions with Emerson Collective, a venture capital firm founded by Laurene Powell Jobs, and Thrive Capital, an OpenAI investor. The startup's personal AI product aims to challenge the conventional smartphone experience and feature several OpenAI technologies, including its most advanced GPT models.