JONY IVE TO LEAD OPENAI'S DESIGN WORK FOLLOWING $6.5B ACQUISITION OF HIS COMPANY
OpenAI has acquired Jony Ive's AI hardware startup, io, in a $6.5 billion all-equity deal. The move brings ex-Apple designers to OpenAI and marks its boldest step into consumer hardware. Ive and his firm LoveFrom will lead design efforts, aiming to create AI-powered devices that move “beyond screens.” Ive will shape future ChatGPT versions and new AI products, escalating competition with Apple as generative AI hardware takes shape.