OpenAI, Jony Ive and Apple
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Jony Ive became renowned for a meticulous design aesthetic that shaped the cultural zeitgeist during a 27-year career at Apple, which he left in 2019.
OpenAI's acquisition of Ive's io startup could disrupt Google and Apple's strategies, impacting the tech landscape and raising stakes in the AI race.
Details about Jony Ive's secretive OpenAI collaboration have leaked from an internal staff call reviewed by The Wall Street Journal
A day later, Jony Ive and Sam Altman kicked down the door and told Google, “Hold my beer.”
Did Sam Altman just figure out what AI's been missing? Or did he get locked into the very thinking he's spent his career avoiding?
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Altman and Ive announced OpenAI’s acquisition of Ive’s io in a statement Wednesday, with the deal valued at roughly $6.5 billion after OpenAI acquired 23% of io in a partnership deal in 2024.
More details are trickling out about Jony Ive and Sam Altman’s new AI device. In a post on Thursday, Apple analyst Ming-Chi Kuo says his research indicates that the device could be larger than Humane’s AI pin, but with a “form factor as compact and elegant as an iPod Shuffle.”
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.