The AI revolution is no longer confined to software—it’s heading into the world of physical devices. In a bold and high-stakes move, OpenAI announced it will acquire the remaining shares of io.
The firm will take control of the startup co-founded by former Apple design chief Jony Ive, in a $5 billion stock deal.
Investment in the AI Revolution
This marks one of the most significant investments in AI-driven hardware yet, and signals OpenAI’s commitment to creating consumer devices that transcend traditional smartphones and computers.
With this acquisition, OpenAI hopes to define the next era of computing, powered by artificial intelligence and designed by one of tech’s most iconic creatives.
“Something Beyond These Legacy Products”
Jony Ive, who led the design of the iPhone, MacBook, and other Apple mainstays, has been collaborating with OpenAI CEO Sam Altman. They are coordinating on an undisclosed hardware project under the startup name io.
In an OpenAI promotional video, the two are seen walking through San Francisco’s North Beach before sitting down at Zoetrope Café.