OpenAI mulling massive $500 million deal to bring iPhone replacement

Posted under: Tech Move
Date: 2025-04-08
OpenAI Explores $500M Acquisition of Jony Ive's AI Startup

OpenAI, led by Sam Altman, is reportedly contemplating a $500 million acquisition of io Products, the AI device startup founded by former Apple design chief Jony Ive. This move aims to integrate Ive's design expertise into OpenAI's hardware endeavors, potentially positioning the company as a competitor to Apple in the AI-powered device market.

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