OpenAI and Jony Ive's Startup Merge in a Groundbreaking $6.5 Billion Deal
Engadget•2 days ago•
920

OpenAI and Jony Ive's Startup Merge in a Groundbreaking $6.5 Billion Deal

Tech Innovations
ai
startup
tech
innovation
design
Share this content:

Summary:

  • OpenAI merges with Jony Ive's startup io in a $6.5 billion deal

  • Jony Ive and LoveFrom remain independent post-merger

  • First collaborative product to be unobtrusive, portable, and context-aware

  • Product confirmed not to be a phone or glasses

  • Jony Ive's legacy includes iconic Apple products and founding LoveFrom

OpenAI has officially merged with Jony Ive's startup, io, in a deal reportedly worth $6.5 billion. This strategic move was announced back in May, marking a significant milestone in the AI and design industries.

Key Details of the Merger

  • Jony Ive and his LoveFrom design studio will remain independent, continuing their innovative work outside of this merger.
  • io's co-founders, including Scott Cannon, Evans Hankey, and Tang Tan, along with approximately 50 engineers, designers, and researchers, have transitioned to become OpenAI employees.

What's Next?

OpenAI and Ive are currently collaborating on "a family of AI products for everyone." Earlier hints suggest their first product will be:

  • Unobtrusive
  • Portable
  • Fully aware of its surroundings and the user's actions

Interestingly, it's confirmed that this product won't be a phone or a pair of glasses, debunking initial speculations.

A Brief Background on Jony Ive

For those unfamiliar, Jony Ive was a pivotal figure at Apple, working closely with Steve Jobs to create some of the most iconic tech products. After leaving Apple in 2019 to form LoveFrom, Ive and Apple eventually parted ways in 2022.

Comments

0
0/300
Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

ListMyStartup.app logo

ListMyStartup.app

Get ListMyStartup.app on your phone!