OpenAI to Buy iPhone Designer Jony Ive’s AI Device Startup for $6.4 Billion

OpenAI said Wednesday that it’s buying Jony Ive’s AI devices startup io for about $6.4 billion in an all-equity deal that pushes the artificial intelligence company firmly into the world of hardware.

Ive is taking on “deep creative and design responsibilities across OpenAI and io,” the company said in a statement. OpenAI said io is coming in-house, while Ive and his “creative collective” called LoveFrom will stay independent.

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