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OpenAI Finalizes $6.5 Billion Deal To Acquire Jony Ive's AI Hardware Startup—Here's What We Know About Their First Device
Thursday, July 10, 2025 - 2:18am | 631OpenAI has finally completed its $6.5 billion acquisition of Jony Ive's AI hardware startup io Products, officially bringing the former Apple Inc. (NASDAQ:AAPL) design chief and his team into the fold to build a new generation of AI-native devices. What Happened: On Wednesday, OpenAI updated,...
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OpenAI Scrubs Jony Ive Deal From Website After Trademark Lawsuit Threatens $6.5 Billion IO Products Acquisition
Sunday, June 22, 2025 - 10:16pm | 457Over the weekend, ChatGPT-parent OpenAI pulled all public materials related to its $6.5 billion acquisition of Jony Ive's AI hardware startup, IO Products. What Happened: The takedown followed a trademark lawsuit filed by IYO Inc., a separate AI device company, which claims the “IO”...
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OpenAI Eyes $500 Million Deal To Acquire Jony Ive And Sam Altman's AI Hardware Startup: Report
Tuesday, April 8, 2025 - 3:23am | 573OpenAI is reportedly in discussions to acquire the AI hardware startup co-founded by Jony Ive and Sam Altman in a deal worth approximately $500 million. What Happened: OpenAI is considering purchasing io Products, a company that focuses on creating AI-enabled devices, reported TechCrunch (via The...