Altman and Ive announced OpenAI’s acquisition of Ive’s io in a statement Wednesday, with the deal valued at roughly $6.5 billion after OpenAI acquired 23% of io in a partnership deal in 2024.

OpenAI is acquiring Jony Ive and Sam Altman's startup, io, which will lead creative and design work for OpenAI.

Designer Jony Ive, best known for his work on everything from the iMac to the iPhone, wanted to quit Apple before Steve Jobs returned as CEO. Instead, he stuck around at the tech company for nearly three decades and revolutionized consumer electronics.

Over three decades working in Silicon Valley, Jony Ive has shaped the shell of the iMac, designed the look of the iPod and come up with the form factor for the iPhone. Pretty much every major piece of Apple technology we touch,

OpenAI's Sam Altman and Apple's ex-design chief Jony Ive announced a new company called io. Here's what we know about io's first AI product.

OpenAI CEO Sam Altman called Jony Ive "the greatest designer in the world" on Wednesday after announcing his company's plan to buy Ive's artificial intelligence device startup io, in a deal worth $6.4 billion.

I really hope OpenAI's new hardware doesn't make me talk to myself in public.

Hours after Sam Altman and Jony Ive announced that OpenAI was buying Ive’s company on Wednesday, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.