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OpenAI is buying Jony Ive’s AI hardware company

tsboiAdmin by tsboiAdmin
May 22, 2025
in Fintech
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OpenAI is buying Jony Ive’s AI hardware company
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OpenAI is buying io, a {hardware} firm based by former Apple design chief Jony Ive and a number of other different former engineers from his time there, together with Scott Cannon, Evans Hankey, and Tang Tan.

Ive gained’t be becoming a member of OpenAI, and his design agency, LoveFrom, will proceed to be unbiased, however they may “take over design for all of OpenAI, together with its software program,” in a deal valued at practically $6.5 billion, Bloomberg reports.

About 55 {hardware} engineers, software program builders, and manufacturing specialists will be part of OpenAI as a part of the acquisition. That features Cannon, Hankey, and Tan. The primary units following the acquisition are set to launch in 2026.

In an interview with Bloomberg, Ive known as AI {hardware} misfires like the Humane Pin and Rabbit R1 “very poor merchandise,” and mentioned that “there was an absence of latest methods of considering expressed in merchandise.”

The primary product isn’t meant to be an iPhone killer, although: “In the identical manner that the smartphone didn’t make the laptop computer go away, I don’t assume our very first thing goes to make the smartphone go away,” OpenAI CEO Sam Altman advised Bloomberg. “It’s a completely new sort of factor.”

The Wall Road Journal reports that Altman and LoveFrom have been working collectively for 2 years and have thought of choices like headphones and units with cameras.

The primary product the workforce has been engaged on “has simply utterly captured our creativeness,” Ive said in a video.

“Jony just lately gave me one of many prototypes of the machine for the primary time to take house, and I’ve been in a position to stay with it, and I believe it’s the coolest piece of expertise that the world may have ever seen,” Altman mentioned.

“I’m completely sure that we are actually getting ready to a brand new technology of expertise that may make us our higher selves,” Ive mentioned.

“We gathered collectively the most effective {hardware} and software program engineers, the most effective technologists, physicists, scientists, researchers and specialists in product growth and manufacturing,” Ive and Altman mentioned in a joint submit. “Many people have labored intently for many years. The io workforce, targeted on growing merchandise that encourage, empower and allow, will now merge with OpenAI to work extra intimately with the analysis, engineering and product groups in San Francisco.”

“AI is an unbelievable expertise, however nice instruments require work on the intersection of expertise, design, and understanding individuals and the world,” Altman mentioned in a press release. “Nobody can do that like Jony and his workforce; the quantity of care they put into each side of the method is extraordinary.”

“I’ve a rising sense that all the things I’ve discovered during the last 30 years has led me to this second,” Ive mentioned. “Whereas I’m each anxious and excited concerning the accountability of the substantial work forward, I’m so grateful for the chance to be a part of such an vital collaboration. The values and imaginative and prescient of Sam and the groups at OpenAI and io are a uncommon inspiration.”

“Numerous us checked out one another and mentioned, ‘That is most likely probably the most unbelievable expertise of our profession,’” Hankey mentioned in an interview with Bloomberg.

Replace, Could twenty first: Added data from The Wall Road Journal.



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  • 0x0x Protocol (ZRX) $ 0.239258
  • iotexIoTeX (IOTX) $ 0.021195
  • moo-dengMoo Deng (MOODENG) $ 0.202232
  • euro-coinEURC (EURC) $ 1.14
  • verus-coinVerus (VRSC) $ 2.52
  • basic-attention-tokenBasic Attention (BAT) $ 0.133000
  • zksyncZKsync (ZK) $ 0.054049
  • vanaVana (VANA) $ 6.33
  • gasGas (GAS) $ 2.99
  • infrared-beraInfrared Bera (IBERA) $ 2.28
  • usda-2USDa (USDA) $ 0.995350
  • swissborgSwissBorg (BORG) $ 0.196575
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,706.41
  • chex-tokenCHEX Token (CHEX) $ 0.192093
  • snekSnek (SNEK) $ 0.002573
  • origintrailOriginTrail (TRAC) $ 0.384288
  • vethor-tokenVeThor (VTHO) $ 0.002115
  • wrapped-ether-mantle-bridgeWrapped Ether (Mantle Bridge) (WETH) $ 2,518.89
  • agentfun-aiAgentFun.AI (AGENTFUN) $ 1.90
  • tradable-na-rent-financing-platform-sstnTradable NA Rent Financing Platform SSTN (PC0000031) $ 1.00
  • nervos-networkNervos Network (CKB) $ 0.004042
  • solana-swapSolana Swap (SOS) $ 0.186016
  • mask-networkMask Network (MASK) $ 1.86
  • tribe-2Tribe (TRIBE) $ 0.407482
  • zetachainZetaChain (ZETA) $ 0.211325
  • siacoinSiacoin (SC) $ 0.003273
  • animeAnimecoin (ANIME) $ 0.032932
  • ordinalsORDI (ORDI) $ 8.51
  • cow-protocolCoW Protocol (COW) $ 0.373275
  • elixir-deusdElixir deUSD (DEUSD) $ 0.999704
  • celoCelo (CELO) $ 0.310600
  • neiro-3Neiro (NEIRO) $ 0.000423
  • casper-networkCasper Network (CSPR) $ 0.013531
  • yearn-financeyearn.finance (YFI) $ 5,240.03
  • stargate-financeStargate Finance (STG) $ 0.181018
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.09
  • gmt-tokenGoMining Token (GOMINING) $ 0.423314
  • qubic-networkQubic (QUBIC) $ 0.000001
  • holotokenHolo (HOT) $ 0.000969
  • harmonyHarmony (ONE) $ 0.011712
  • astherus-staked-bnbAster Staked BNB (ASBNB) $ 687.48
  • aelfaelf (ELF) $ 0.221331
  • coinex-tokenCoinEx (CET) $ 0.062545
  • echelon-primeEchelon Prime (PRIME) $ 2.72
  • iconICON (ICX) $ 0.155343
  • binance-peg-solBinance-Peg SOL (SOL) $ 150.31
  • aixbtaixbt by Virtuals (AIXBT) $ 0.174569
  • gmxGMX (GMX) $ 16.11
  • polymeshPolymesh (POLYX) $ 0.139968
  • zencashHorizen (ZEN) $ 10.19
  • skor-aiSKOR AI (SKORAI) $ 0.187420
  • ankrAnkr Network (ANKR) $ 0.016179
  • blockchain-capitalBlockchain Capital (BCAP) $ 17.76
  • ben-pasternakLaunch Coin on Believe (LAUNCHCOIN) $ 0.160095
  • chiaChia (XCH) $ 10.99
  • digibyteDigiByte (DGB) $ 0.009027
  • uxlinkUXLINK (UXLINK) $ 0.388935
  • solayerSolayer (LAYER) $ 0.755267
  • crvusdcrvUSD (CRVUSD) $ 0.999766
  • instadappFluid (FLUID) $ 3.97
  • kinesis-goldKinesis Gold (KAU) $ 107.11
  • ethereum-pow-iouEthereumPoW (ETHW) $ 1.42
  • freysa-aiFreysa AI (FAI) $ 0.018615
  • resolv-rlpResolv RLP (RLP) $ 1.19
  • nxmNexus Mutual (NXM) $ 58.86
  • eulerEuler (EUL) $ 8.05
  • bridged-wrapped-ether-starkgateBridged Ether (StarkGate) (ETH) $ 2,531.98
  • zanoZano (ZANO) $ 10.12
  • drift-protocolDrift Protocol (DRIFT) $ 0.492475
  • threshold-network-tokenThreshold Network (T) $ 0.014688
  • xyo-networkXYO Network (XYO) $ 0.010646
  • babylonBabylon (BABY) $ 0.063796
  • osmosisOsmosis (OSMO) $ 0.199879
  • stepnGMT (GMT) $ 0.050498
  • woo-networkWOO (WOO) $ 0.076007
  • subsquidSQD (SQD) $ 0.205748
  • incryptIncrypt (INC) $ 0.022433
  • mag7-ssiMAG7.ssi (MAG7.SSI) $ 0.773784
  • orcaOrca (ORCA) $ 2.36
  • stasis-eursSTASIS EURO (EURS) $ 1.14
  • kadenaKadena (KDA) $ 0.444361
  • kinesis-silverKinesis Silver (KAG) $ 36.84
  • enjincoinEnjin Coin (ENJ) $ 0.075753
  • wrapped-fragsolWrapped fragSOL (WFRAGSOL) $ 157.95
  • nanoNano (XNO) $ 1.03
  • tdccpTDCCP (TDCCP) $ 0.213287
  • coinshift-usdl-morpho-vaultCoinshift USDL Morpho Vault (CSUSDL) $ 1.03
  • zignalyZIGChain (ZIG) $ 0.093930
  • purr-2Purr (PURR) $ 0.221233
  • gohomeGOHOME (GOHOME) $ 250.47
  • tellorTellor Tributes (TRB) $ 49.00
  • magic-edenMagic Eden (ME) $ 0.869550
  • stp-networkAWE Network (AWE) $ 0.051403
  • bitkub-coinKUB Coin (KUB) $ 1.46
  • rollbit-coinRollbit Coin (RLB) $ 0.062558
  • hamster-kombatHamster Kombat (HMSTR) $ 0.002013
  • cronos-bridged-usdc-cronosCronos Bridged USDC (Cronos) (USDC) $ 0.993466
  • bitdcaBitDCA (BDCA) $ 0.952483
  • lmgrouptokenLMGroupToken (LMGX) $ 1.33
  • sushiSushi (SUSHI) $ 0.653034
  • ioio.net (IO) $ 0.772286
  • ontologyOntology (ONT) $ 0.137499
  • cotiCOTI (COTI) $ 0.058259
  • resupply-usdResupply USD (REUSD) $ 0.990050
  • mythosMythos (MYTH) $ 0.157166
  • book-of-memeBOOK OF MEME (BOME) $ 0.001809
  • agora-dollarAUSD (AUSD) $ 0.999507
  • compound-ethercETH (CETH) $ 50.78
  • world-mobile-tokenWorld Mobile Token (WMTX) $ 0.167636
  • skaleSKALE (SKL) $ 0.021210
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.122441
  • swftcoinSWFTCOIN (SWFTC) $ 0.012120
  • anzen-usdzAnzen USDz (USDZ) $ 0.978395
  • melania-memeMelania Meme (MELANIA) $ 0.302306
  • origin-etherOrigin Ether (OETH) $ 2,525.27
  • amnis-aptosAmnis Aptos (AMAPT) $ 4.74
  • sui-bridged-usdt-suiSui Bridged USDT (Sui) (USDT) $ 1.00
  • astherus-usdfAster USDF (USDF) $ 0.999347
  • verasityVerasity (VRA) $ 0.001495
  • level-usdLevel USD (LVLUSD) $ 0.999973
  • lcxLCX (LCX) $ 0.125858
  • cookieCookie DAO (COOKIE) $ 0.215462
  • swipeSolar (SXP) $ 0.178077
  • metis-tokenMetis (METIS) $ 17.86
  • terra-luna-2Terra (LUNA) $ 0.166336
  • constellation-labsConstellation (DAG) $ 0.039695
  • statusStatus (SNT) $ 0.028658
  • big-timeBig Time (BIGTIME) $ 0.059295
  • vvs-financeVVS Finance (VVS) $ 0.000002
  • lift-dollarLift Dollar (USDL) $ 0.999501
  • hivemapperHivemapper (HONEY) $ 0.025387
  • vicicoinViciCoin (VCNT) $ 19.57
  • bio-protocolBio Protocol (BIO) $ 0.061706
  • beets-staked-sonicBeets Staked Sonic (STS) $ 0.388747
  • moonwell-artemisMoonwell (WELL) $ 0.032541
  • kaminoKamino (KMNO) $ 0.052961
  • pocket-networkPocket Network (POKT) $ 0.050566
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