Current Date 24 May, 2025

OpenAI's $6.5B acquisition of Jony Ive's AI startup expands hardware ambitions.

OpenAI, led by Sam Altman, acquired Jony Ive's AI startup, io, for $6.5 billion. This move signifies OpenAI's expansion into AI-specific hardware, creating a fully integrated AI company. The partnership aims to develop cutting-edge AI devices, challenging competitors like Google, Microsoft, and Amazon in the rapidly growing AI hardware market. Apple's lagging in this sector is also highlighted.