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Apple, OpenAI and Jony Ive

Barron's on MSN · 2d

OpenAI Is Buying Jony Ive’s AI Start-Up for $6.4 Billion. Apple Stock Falls.

OpenAI said Wednesday that it was buying a start-up owned by Jony Ive, Apple’s former chief design officer, for $6.4 billion. The all-stock deal to acquire artificial intelligence device-maker io includes OpenAI’s current stake in the company.

Bloomberg on MSN · 1d

OpenAI to buy AI device startup from Apple veteran Jony Ive in $6.5 billion deal

The purchase — the largest in OpenAI’s history — will provide the company with a dedicated unit for developing AI-powered devices.

Axios on MSN · 2d

Apple vet Jony Ive joins OpenAI in $6.5 billion deal for his hardware startup

OpenAI said Wednesday it will pay $5 billion in stock for io, a startup co-founded by Jony Ive to create a new generation of AI devices. Why it matters: The move will place Ive — the Steve Jobs collaborator who masterminded many of Apple's design breakthroughs — in a key creative role for OpenAI.

2d

OpenAI Unites With Jony Ive in $6.5 Billion Deal to Create A.I. Devices

OpenAI said it was buying IO, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial ...

1don MSN

Cramer is worried about Apple: here’s why

Cramer is worried that Apple is losing easy revenue through regulatory tussles, geopolitical pressure, and OpenAI’s latest ...

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