OpenAI's biggest deal to date lands with $6.5 billion acquisition of former Apple chief designer Jony Ive's startup io

July 10 news.OpenAI The company announced yesterday, July 9, thatAnnounced that it has completed the acquisition of the startup founded by former Apple chief designer Jony Ive io Products, Inc.

OpenAI's biggest deal to date lands with $6.5 billion acquisition of former Apple chief designer Jony Ive's startup io

1AI reported in May of this year that OpenAI had acquired io, an AI device startup co-founded by former Apple Chief Design Officer Jony Ive, in an all-stock deal for nearly $6.5 billion (note: the current exchange rate is about 46.931 billion yuan), making it the largest acquisition in OpenAI's history.

The latest news is that io co-founders Scott Cannon, Evans Hankey, and Tang Tan, along with about 50 of io's engineers, designers, and researchers, have now joined OpenAI.

After the acquisition, Jony Ive and his design studio LoveFrom remained independent.

The products being developed by OpenAI and Ive are described as "unobtrusive, portable, and fully aware of their surroundings and user behavior". The exact form of these products has not yet been announced, but they are expected to deliver a new user experience.

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