OpenAI to acquire Jony Ive’s AI hardware startup for $6.5B

OpenAI is acquiring Jony Ive’s AI startup “io” for $6.5 billion in an all-stock deal. This marks OpenAI’s biggest acquisition to date and is a clear push for the ChatGPT maker into hardware. The deal should be finalized later this summer pending regulatory approval. A reported 55 employees from Jony Ive’s AI startup firm, “io” will join OpenAI team to work on AI-powered devices. The first product from the collaboration is expected to launch in 2026. OpenAI and Ive’s "io" firm have been collaborating for the past two years. The "io" startup, which is part of LoveFrom - Ive’s...

May 22, 2025 - 21:30

OpenAI to acquire Jony Ive’s AI hardware startup for $6.5B

OpenAI is acquiring Jony Ive’s AI startup “io” for $6.5 billion in an all-stock deal. This marks OpenAI’s biggest acquisition to date and is a clear push for the ChatGPT maker into hardware. The deal should be finalized later this summer pending regulatory approval. A reported 55 employees from Jony Ive’s AI startup firm, “io” will join OpenAI team to work on AI-powered devices. The first product from the collaboration is expected to launch in 2026. OpenAI and Ive’s "io" firm have been collaborating for the past two years. The "io" startup, which is part of LoveFrom - Ive’s...