OpenAI buys Jony Ive’s AI hardware startup io Products in $6.4B all-equity deal

OpenAI Buys Jony Ive AI Hardware Startup IO Products OpenAI, a leading artificial intelligence research company, has acquired IO Products, an AI hardware startup co-founded by former Apple design chief Jony Ive. This acquisition signals OpenAI's strategic move to integrate hardware development with its advanced AI software capabilities. The collaboration with Jony Ive's expertise suggests a focus on creating user-friendly and aesthetically designed AI-powered devices, potentially bridging the gap between cutting-edge AI research and consumer-facing hardware products.