New York Times:

Sources: OpenAI owned a 23% stake in io from a 2024 deal so is now paying ~$5B to fully acquire it; separately, OpenAI's Start-up Fund invested in io last year  —  Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”

New York Times:

Sources: OpenAI owned a 23% stake in io from a 2024 deal so is now paying ~$5B to fully acquire it; separately, OpenAI's Start-up Fund invested in io last year  —  Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”

Source: TechMeme
Source Link: http://www.techmeme.com/250521/p40#a250521p40