OpenAI Teams Up With iPhone Designer Jony Ive As ChatGPT Maker Makes Push Into Hardware, Apple Shares Slide

benzinga.com/trading-ideas/movers/25/05/45550033/openai-teams-up-with-iphone-designer-jony-ive-as-chatgpt-maker-makes-push-into-hardware-appl

Apple Inc (NASDAQ:AAPL) shares are moving lower Wednesday afternoon following multiple reports that OpenAI is set to acquire Apple Veteran Jony Ive’s AI device startup.
What Happened: Ive will team up with OpenAI as part of a $6.5 billion all-stock deal in which the ChatGPT maker will…

This story appeared on benzinga.com, 2025-05-21 17:57:24.
The Entire Business World on a Single Page. Free to Use →