OpenAI Acquires Jony Ive’s AI Startup IO in $6.5 Billion Deal
OpenAI has officially acquired IO, an artificial intelligence startup co-founded by legendary designer Sir Jony Ive and former Apple executive Sam Altman, in a massive $6.5 billion deal1. This move marks one of the biggest steps forward in merging product design with advanced AI technology.
What Is IO?
IO was launched quietly by Jony Ive and OpenAI CEO Sam Altman with the goal of creating “iPhone-like” AI hardware. While the company stayed under the radar, it attracted top engineers and designers from Apple, OpenAI, and other major tech firms. Their aim was to design AI-powered devices that are simple, intuitive, and beautiful.
Even before the acquisition, IO was seen as a game-changing project. Now, with OpenAI taking over, the vision is set to scale globally.
Why OpenAI Bought IO
OpenAI is known for creating ChatGPT and developing advanced AI tools. However, the company lacked a hardware platform. By acquiring IO, OpenAI gains not just the talent, but also the design philosophy that helped make Apple’s products iconic.
According to reports, the deal includes talent, intellectual property, and ongoing design collaboration with Jony Ive himself. This acquisition will help OpenAI bring AI closer to daily life through well-designed products.
The Value of the Deal
The acquisition is valued at $6.5 billion, making it one of the largest AI-related purchases to date. IO was reportedly in talks with other investors before OpenAI finalized the deal.
For Jony Ive, this deal has not only boosted his influence in the AI space but also increased his net worth.
What’s Next for IO and OpenAI?
Now that IO is under OpenAI’s ownership, the focus will shift toward launching actual consumer products. These could include AI devices that assist with communication, learning, and productivity. While there is no official product release timeline, expectations are high.
Final Thoughts
The acquisition of IO by OpenAI represents a turning point in the future of artificial intelligence and consumer hardware. By bringing together Sam Altman’s AI leadership and Jony Ive’s design genius, this partnership has the potential to create the next big thing—possibly as revolutionary as the iPhone was in 2007.
