OpenAI to Acquire Devices Company Founded by iPhone Designer Jony Ive for $6.5 Billion

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OpenAI CEO Sam Altman has struck a deal to acquire io, the product-development startup founded by Jony Ive — the former Apple employee who designed the iPhone — in a deal valued at $6.5 billion. The deal is OpenAI’s biggest acquisition to date. The pact will merge Ive’s io team, which is “focused on developing […]
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