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OpenAI to buy iPhone designer Jony Ive’s AI devices startup

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OpenAI said it will buy Jony Ive’s AI devices startup io in an all-equity deal for $6.4 billion, including its current stake in the company, according to a report by the Financial Times.

Ive and the his creative collective Loveform started collaborating with OpenAI and Sam Altman two years ago, the ChatGPT maker said in a statement. The startup io was created to one year ago to develop, engineer and manufacture a new family of products.

This family of products will allow people to use AI “to create all sorts of wonderful things”, Altman said in a…

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