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OpenAI and Jony Ive Strike $6.5 Billion Deal to Design AI Devices

The world’s leading artificial intelligence lab has acquired the former Apple design chief’s one-year-old startup, io, in a push to create a new family of products for the next era of computing.
Jony Ive and Sam Altman
“I have a growing sense that everything I’ve learned over the last 30 years has led me to this place and to this moment,” Ive said in a joint interview with OpenAI Chief Executive Officer Sam Altman. (OpenAI)

OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal, joining forces with the legendary designer to make a push into hardware.

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