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OpenAI Finalizes $6.5 Billion Deal To Acquire Jony Ive's AI Hardware Startup—Here's What We Know About Their First Device - Apple (NASDAQ:AAPL)
SAN FRANCISCO COUNTY, CALIFORNIA, JUL 9 – OpenAI integrates Jony Ive’s io startup team to develop dedicated AI hardware and expand design capabilities, completing the $6.5 billion acquisition, company announced.
- On July 9, 2025, OpenAI completed its $6.5 billion purchase of io Products, a hardware company launched by Jony Ive, the ex-Apple design chief.
- The acquisition followed an initial announcement in May and was driven by OpenAI’s plan to merge io’s team to develop new AI-native hardware beyond traditional devices like phones and glasses.
- Approximately 55 engineers and designers from io, including its key founding members Scott Cannon, Evans Hankey, and Tang Tan, have become part of OpenAI to work closely alongside its research and product teams based in San Francisco.
- OpenAI CEO Sam Altman and Jony Ive emphasized that their future devices will blend seamlessly into daily life by being discreet, easy to carry, and highly responsive to the user's context, prioritizing voice-driven, screenless interaction that fits naturally within the environment.
- The merger signals a strategic shift for OpenAI into hardware design, aiming to create a family of AI products inspired by Ive’s design legacy, though whether these will succeed remains uncertain.
20 Articles
20 Articles
OpenAI Finalizes $6.5 Billion Deal To Acquire Jony Ive's AI Hardware Startup—Here's What We Know About Their First Device - Apple (NASDAQ:AAPL)
OpenAI has finalized its $6.5 billion acquisition of Jony Ive's AI hardware startup io Products, bringing in top former Apple designers to develop a pocket-sized, screen-free AI device that could pose the first real competitive threat to Apple in decades.
OpenAI closes its deal to buy Jony Ive’s io and build AI hardware
OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. The blog post initially announcing the acquisition was also scrubbed from OpenAI’s website due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google’s moonshot factory. Now it’s …
OpenAI Closes $6.5 Billion Deal to Buy Jony Ive’s Device Startup
OpenAI has completed its nearly $6.5 billion all-stock deal to buy an AI device startup co-founded by Apple Inc.’s former design chief Jony Ive, cementing the ChatGPT maker’s push into the hardware market.
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