OpenAI has announced its acquisition of iO, an AI startup founded by former Apple Chief Design Officer Jony Ive, in a stock transaction valued at $6.5 billion. This landmark deal stands as the largest in OpenAI's history and is anticipated to conclude during the summer, subject to regulatory approval. While Jony Ive will not officially become part of OpenAI's team, he will spearhead its creative and design initiatives. Additionally, around 55 employees from iO will integrate into OpenAI.
