OpenAI, Jony Ive and Apple
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Jony Ive, Sam Altman
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The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.
OpenAI is buying the AI device startup co-founded by former Apple veteran Jony Ive, joining forces with the legendary designer to make a push into hardware. The $6.5 billion-dollar deal is the largest in OpenAI's history.