Browsing: OpenAI

Supply chain analyst Ming-Chi Kuo reveals details about OpenAI’s future device, potentially wearable around the neck

OpenAI is acquiring the AI device startup co-founded by former Apple designer Jony Ive, marking its largest deal to date.

OpenAI acquires Jony Ive’s AI startup io for $6.4 billion in an all-equity deal, marking its largest acquisition to date and pushing the company into hardware development.

OpenAI has acquired io, a product and engineering company co-founded by Jony Ive, in a deal valued at nearly $6.5 billion to develop new AI hardware

Former Apple design chief Jony Ive has merged his hardware firm, io, with OpenAI in a $6.4 billion deal to create new AI-powered hardware products.

The competition for top AI talent has reached unprecedented levels, with companies like OpenAI, Google, and xAI offering multi-million dollar compensation packages to star researchers.

Brad Lightcap, COO of OpenAI, believes AI will enhance worker productivity, particularly in software engineering, and sees ‘incredible demand’ for AI products from businesses and governments.

Recent successful tech IPOs are giving Silicon Valley startups a much-needed boost

Microsoft and OpenAI are in talks to revise their multibillion-dollar partnership, focusing on future technology access and investment structures as OpenAI eyes a potential IPO.

OpenAI has acquired io Products, the hardware startup founded by former Apple design chief Jony Ive, in a $6.5 billion deal.