AI hardware company from Jony Ive, Sam Altman seeks $1 billion in funding
Briefly

Former Apple design lead Jony Ive and current OpenAI CEO Sam Altman are reportedly seeking funding for a new company to create an artificial intelligence-powered personal device. The device's exact nature is undisclosed, but sources state it will differ from smartphones.
Potential funding sources for the new venture include Thrive Capital, Emerson Collective, and SoftBank CEO Masayoshi Son. Personal connections like Laurene Powell Jobs' friendship with Ive and Altman could influence investment opportunities.
The AI device venture could potentially position Ive in competition with Apple, as they are focusing on integrating new AI features in their upcoming iOS versions. The involvement of Altman and the absence of OpenAI's direct participation in the new hardware company were also highlighted.
Read at Ars Technica
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