OpenAI is buying iPhone designer Jony Ive's AI devices startup for $6.4 billion

cnbc.com/2025/05/21/openai-buys-iphone-designer-jony-ive-device-startup-for-6point4-billion.html

OpenAI said on Wednesday that it's buying Jony Ive's AI devices startup io for $6.4 billion in an all-equity deal that includes its current stake in the company.
Ive is taking on "deep creative and design responsibilities across OpenAI and io," OpenAI said in a statement. The company…

This story appeared on cnbc.com, 2025-05-21 17:20:12.
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