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HomeLifestyle NewsOpenAI and Jony Ive Strike $6.5 Billion Deal to Design AI Devices

OpenAI and Jony Ive Strike $6.5 Billion Deal to Design AI Devices

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OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal, joining forces with the legendary designer to make a push into hardware.

The purchase — the largest in OpenAI’s history — will provide the company with a dedicated unit for developing AI-powered devices. Acquiring the secretive startup, named io, also will secure the services of Ive and other former Apple designers who were behind iconic products such as the…

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