OpenAI Acquires Wearable Technology Startup Io Founded By Jony Ive For $6.5 Billion
OpenAI , led by CEO Sam Altman , has acquired io, a start-up founded by Jony Ive, the former Apple design chief behind the iPhone, in a $6.5 billion deal to pioneer a new generation of AI hardware devices. This acquis…
OpenAI, led by CEO Sam Altman, has acquired io, a start-up founded by Jony Ive, the former Apple design chief behind the iPhone, in a $6.5 billion deal to pioneer a new generation of AI hardware devices. This acquisition, OpenAI’s largest to date, brings Ive and his team of designers and engineers into OpenAI to create “amazing products that elevate humanity,” aiming to integrate artificial general intelligence into physical gadgets and redefine how people interact with AI technology.
SALE PRICE: $6,500,000,000
OpenAI HQ: #SanFrancisco #California
#VentureCapital #JonyIve #IO #OpenAI #SamAltman #TradedVC
ABOUT THE DEAL
- Raise
- $6.5B
- Round
- Not stated
- Company
- Wearable Technology Startup Io Founded By Jony Ive
- Desk
- Deals
- Filed
- May 21, 2025
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