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OpenAI acquires Jony Ive’s AI startup io in landmark $6.5B deal: should Apple be concerned?

Invezz Thursday, 22 May 2025 ()
OpenAI acquires Jony Ive’s AI startup io in landmark $6.5B deal: should Apple be concerned?OpenAI will acquire io, the secretive artificial intelligence hardware startup co-founded by former Apple design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. The move is OpenAI’s most significant acquisition to date and signals a determined push into developing physical consumer devices powered by AI. The purchase gives OpenAI access […]
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