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OpenAI closes its deal to buy Jony Ive’s io and build AI hardware

9 July 2025
in Technology
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OpenAI closes its deal to buy Jony Ive’s io and build AI hardware
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OpenAI has finalized its $6.5 billion acquisition of io Products Inc., co-founded by former Apple designer Jony Ive, while navigating a trademark lawsuit from Iyo, a hearing device startup. The merger aims to integrate io’s design team into OpenAI’s operations, focusing on developing dedicated AI hardware, although initial announcements and promotional content have been removed due to the ongoing legal issue.

Explain It To Me Like I’m 5: OpenAI has bought a company called io, started by a famous designer named Jony Ive, to help make special machines that work with AI.

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Tags: AIBuildBusinessbuyclosesdealhardwareIvesJonyNewsOpenAI
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