OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion

OpenAI is buying iPhone designer Jony Ive’s AI devices startup for .4 billion

OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025 conference in Seattle, May 19, 2025.

Jason Redmond | AFP | Getty Images

OpenAI said Wednesday that it’s buying Jony Ive’s AI devices startup io for about $6.4 billion in an all-equity deal that pushes the artificial intelligence company firmly into the world of hardware.

Ive is taking on “deep creative and design responsibilities…

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https://www.cnbc.com/2025/05/21/openai-buys-iphone-designer-jony-ive-device-startup-for-6point4-billion.html