OpenAI is reportedly in discussions to acquire io Products, a startup founded by former Apple design lead Jony Ive, for about $500 million. The potential acquisition could lead to a new range of AI-enabled devices designed to be less disruptive than popular technologies like the iPhone. Founded after Ive's departure from Apple in 2019, the startup has secured funding from notable investors like Laurene Powell Jobs. There is also speculation that OpenAI may choose to partner with io Products instead of pursuing a full acquisition.
OpenAI may acquire Jony Ive's AI hardware startup io Products for around $500 million, which could focus on designing less disruptive AI devices.
Ive aims to design AI-enabled products that are less socially disruptive than existing technology, such as the iPhone, indicating a shift towards more user-friendly devices.
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