OpenAI Completes Acquisition of io Products, AI Hardware Design Firm Led by Jony Ive
OpenAI officially announced the completion of its acquisition of io Products, Inc., the AI hardware design firm founded by former Apple designer Jony Ive. In May, Sam Altman and Jony Ive released a video announcing their upcoming partnership, which was later removed due to a trademark challenge to Ive’s company name “io”. Despite this setback, the deal proceeded, with the final sale price reaching nearly $6.5 billion in stock. The Sam & Jony page on OpenAI has[…]