OpenAI to Buy Apple Alum Jony Ive’s Device Firm for $6.5 Billion

Bloomberg News

Summary

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OpenAI will acquire the AI device startup co-founded by Apple veteran Jony Ive in a nearly $US6.5 billion ($10 billion) all-stock deal, joining forces with the legendary designer to make a push into hardware.
WAtoday
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OpenAI is buying an untested startup for $6.4bn, the ChatGPT maker’s biggest acquisition yet.
Guardian
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Famed Apple product designer Jony Ive will now lead creative and design work at OpenAI, the result on an unusual deal announced on Wednesday.
TechCrunch
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He became a touchstone in Silicon Valley for great hardware because of his role in the creation of the iPhone and Apple Watch.
CNBC

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