OpenAI spends $6.4 billion to acquire io, an AI hardware company founded by Jony Ive

PANews|May 22, 2025 01:41
According to OpenAI's announcement, OpenAI will fully acquire IO, an AI device company founded by former Apple chief designer Jony Ive, for $6.4 billion, driving its entry into the hardware field. After the transaction is completed, Ive and his team LoveFrom will be fully responsible for the creative design work of OpenAI and io. This acquisition is the largest in OpenAI's history and integrates top software and hardware engineering and design capabilities.
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