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Title: OpenAI Acquires Jony Ive's Startup in $6.5 Billion Deal To Create AI
Devices

Link: https://slashdot.org/story/25/05/21/1710237/o...

Sam Altman, OpenAI's chief executive, said Wednesday his firm was paying $6.5
billion to buy io, a one-year-old start-up created by Jony Ive, a former top
Apple executive who designed the iPhone. From a report: The deal, which
effectively unites Silicon Valley royalty, is intended to usher in what the
two men call "a new family of products" for the age of artificial general
intelligence, or A.G.I., which is shorthand for a future technology that
achieves human-level intelligence. The deal, which is OpenAI's biggest
acquisition, will bring in Mr. Ive and his team of roughly 55 engineers,
designers and researchers. They will assume creative and design
responsibilities across OpenAI and build hardware that helps people better
interact with the technology. In a joint interview, Mr. Ive and Mr. Altman
declined to say what such devices could look like and how they might work,
but they said they hoped to share details next year. Mr. Ive, 58, framed the
ambitions as galactic, with the aim of creating "amazing products that
elevate humanity."

Read more of this story at Slashdot.

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