OpenAI has completed its acquisition of io Products Inc. for nearly $6.5 billion. The company initially faced challenges due to a trademark lawsuit from Iyo, which led to the removal of the announcement blog post. The updated announcement states that io Products, Inc. has officially merged with OpenAI, while Jony Ive and LoveFrom will retain independence and focus on design and creativity within the organization. The io team will collaborate closely with OpenAI's research, engineering, and product divisions to innovate and create new hardware products for AI applications.
OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive.
The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco.
Collection
[
|
...
]