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OpenAI's $6.5B bet on Jony Ive could redefine how people interact with technology

Wednesday May 21, 2025. 08:07 PM , from AppleInsider
OpenAI's $6.5B bet on Jony Ive could redefine how people interact with technology
OpenAI just made its biggest move yet — buying Jony Ive's AI startup — with hopes of building something that feels as magical as the first iPhone.Image Credit: OpenAIInitially, it was reported that OpenAI would buy Jony Ive's AI startup, simply named 'io', for $500 million. To say that the actual sale cost was a bit higher would be an understatement.The final sale price wound up being nearly $6.5 billion — in stock. Continue Reading on AppleInsider | Discuss on our Forums
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https://appleinsider.com/articles/25/05/21/openais-65b-bet-on-jony-ive-could-redefine-how-people-int...

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