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OpenAI intends to acquire an AI venture founded by CEO Sam Altman and ex-Apple design luminary Jony Ive for a sum reportedly exceeding $500 million. The objective is to collaborate on a personal device, dubbed the "iPhone of the AI era." The initiative, named io Products, is in its nascent design phase and could materialize as a screenless phone or a household AI assistant. The design aspect will be overseen by Ive's LoveFrom studio, with OpenAI contributing the technical expertise. Additionally, Meta is progressing with its AR glasses project, codenamed "Hypernova," which, despite current dependency on the iPhone, represents a pivotal step towards supplanting smartphones. These groundbreaking endeavors seek to harness AI technology to offer functionalities transcending traditional phones, thereby transforming the market landscape.
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