OpenAI acquires Jony Ive's AI startup io for $6.5 billion

OpenAI is acquiring io Products, the AI hardware startup founded by former Apple design chief Jony Ive, in a deal worth approximately $6.5 billion, as reported by the Financial Times and Wall Street Journal. The acquisition brings Ive and a team of about 55 engineers and designers, including several Apple veterans, to OpenAI with plans to develop a new generation of AI-first devices expected to launch in 2026.

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