OpenAI Acquires AI Device Company Founded by Jony Ive for $6.4 Billion

According to PANews, OpenAI has announced its acquisition of the AI device company io, founded by former Apple chief designer Jony Ive, for $6.4 billion. This strategic move marks OpenAI's largest acquisition to date and aims to enhance its capabilities in the hardware sector. Following the completion of the transaction, Ive and his team at LoveFrom will take charge of the creative design efforts for both OpenAI and io. The acquisition is set to integrate leading software and hardware engineering and design expertise, positioning OpenAI for significant advancements in the industry.