On May 21st, OpenAI made headlines with the official announcement of its acquisition of io, a pioneering startup founded by Jony Ive, the former Chief Design Officer of Apple, and others. While the financial details of the transaction were kept confidential, whispers in the industry had previously hinted at a valuation close to $6.5 billion. This landmark acquisition underscores OpenAI's ambitious foray into the hardware domain.
Ive and his talented team will now collaborate with OpenAI to develop the next generation of AI-native devices, with the anticipation of unveiling the first product in 2026. Their collective vision is to provide an "ambient intelligence" experience that transcends the capabilities of current smartphones and personal computers, promising a paradigm shift in how we interact with technology.