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OpenAI is buying iPhone designer Jony Ive's AI devices startup for $6.4 billion - TL;DR CNBC

OpenAI is buying iPhone designer Jony Ive's AI devices startup for $6.4 billion

Publishing timestamp: 2025-05-21 17:00:05


Summary

OpenAI acquires Jony Ive's AI devices startup io for $6.4 billion in an all-equity deal. Ive will take on creative and design responsibilities across OpenAI and io. OpenAI is making a big push into the world of hardware and AI.


Sentiment: NEUTRAL

Tickers: AAPL,  AMZN,  GOOGL,  META, 

Keywords: business,  technology,  alphabet inc,  sam altman,  apple inc,  elon musk,  social media,  artificial intelligence,  amazon.com inc,  microsoft corp,  generative ai,  meta platforms inc,  mergers and acquisitions,  breaking news: technology,  business news, 

Source: https://www.cnbc.com/2025/05/21/openai-buys-iphone-designer-jony-ive-device-startup-for-6point4-billion.html


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