✴️ OpenAI acquires Jony Ive’s AI startup for $6.5 billion ✴️ 👍OpenAI, the company behind ChatGPT, has finalized a $6.5 billion deal to purchase io, an AI device startup created by Jony Ive, Apple’s former design leader. This all-stock deal, completed on July 9, 2025, marks OpenAI’s bold step into the hardware market, aiming to create innovative AI-powered devices. Jony Ive, famous for designing iconic Apple products like the iPhone and iPad, co-founded io with a team of skilled engineers, many of whom previously worked at Apple. The acquisition brings io’s 55-member team into OpenAI, with Ive taking on a key role as group creative director. His design firm, LoveFrom, will lead efforts to shape OpenAI’s future products, focusing on user-friendly, AI-driven technology. The deal, which began with a partnership in 2023, saw OpenAI initially owning 23% of io. Now, fully acquiring the startup, OpenAI plans to launch its first devices in 2026. CEO Sam Altman emphasize...