Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company
OpenAI is acquiring Jony Ive's startup, io, in an all-equity deal that values the startup at $6.5 billion. Ive and his design firm, LoveFrom, which will continue to operate independently, will now lead creative and design work at OpenAI. He could help OpenAI directly compete with Apple in the consumer hardware space - Apple has struggled to develop AI features that keep up with the latest technology. io's staff of around 55 engineers, scientists, researchers, physicists, and product development specialists will join OpenAI. They will be tasked with developing AI-powered consumer devices and other projects.