According to ChainCatcher news, reported by Techfundingnews, Open AI has acquired the AI hardware startup io, founded by Jonathan Ive, for $6.5 billion in an all-stock acquisition, entering the consumer AI hardware market and expanding its specialized hardware footprint.
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OpenAI invested $6.5 billion in the acquisition of Jonathan Ive's io.
According to ChainCatcher news, reported by Techfundingnews, Open AI has acquired the AI hardware startup io, founded by Jonathan Ive, for $6.5 billion in an all-stock acquisition, entering the consumer AI hardware market and expanding its specialized hardware footprint.