OpenAI closes $6.5 billion deal to buy Jony Ive’s device startup: Report

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Synopsis

The acquisition signals OpenAI’s ambitions to expand beyond software and into consumer hardware, potentially reshaping how users interact with AI-powered tools and devices.

Image for OpenAI closes $6.5 billion deal to buy Jony Ive's device startup: ReportAgencies
OpenAI has finalised a $6.5 billion deal to acquire LoveFrom, the device design firm led by former Apple design chief Jony Ive, Bloomberg reports.

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OpenAI closes $6.5 billion deal to buy Jony Ive’s device startup: Report


Synopsis

The acquisition signals OpenAI’s ambitions to expand beyond software and into consumer hardware, potentially reshaping how users interact with AI-powered tools and devices.

Image for OpenAI closes $6.5 billion deal to buy Jony Ive's device startup: ReportAgencies
OpenAI has finalised a $6.5 billion deal to acquire LoveFrom, the device design firm led by former Apple design chief Jony Ive, Bloomberg reports.

To be updated

Elevate your knowledge and leadership skills at a cost cheaper than your daily tea.

Subscribe Now



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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