Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X. His family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an…
Category: jony ive
Global Security News, jony ive, openai, TC
OpenAI’s next big bet won’t be a wearable: report
OpenAI pushed generative AI into the public consciousness. Now, it could be developing a very different kind of AI device. According to a WSJ report, OpenAI CEO Sam Altman told employees Wednesday that the company’s next major product won’t be a wearable. Instead, it will be a compact, screenless device, fully aware of its user’s…
AI, Fundraising, Global Security News, jony ive, openai, sam altman
OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup
OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. Ive, who left Apple in 2019 to start his own design firm called…