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OpenAI has announced its largest acquisition to date, agreeing to acquire io, an AI device startup founded by former Apple executive Jony Ive, in an all-equity deal worth approximately $6.5 billion. The acquisition includes OpenAI’s existing stake in io. As part of the merger, Jony Ive will assume significant creative and design responsibilities across both OpenAI and io. Despite the merger, Ive’s design firm, LoveFrom, will continue to operate independently.
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Guest Host: Kori Rongey, Founder of TotalPackets
Follow our hosts Tom Hollingsworth, Alastair Cooke, and Stephen Foskett.
Follow Tech Field Day on LinkedIn, on X/Twitter, on Bluesky, and on Mastodon.
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OpenAI has announced its largest acquisition to date, agreeing to acquire io, an AI device startup founded by former Apple executive Jony Ive, in an all-equity deal worth approximately $6.5 billion. The acquisition includes OpenAI’s existing stake in io. As part of the merger, Jony Ive will assume significant creative and design responsibilities across both OpenAI and io. Despite the merger, Ive’s design firm, LoveFrom, will continue to operate independently.
Time Stamps:
Guest Host: Kori Rongey, Founder of TotalPackets
Follow our hosts Tom Hollingsworth, Alastair Cooke, and Stephen Foskett.
Follow Tech Field Day on LinkedIn, on X/Twitter, on Bluesky, and on Mastodon.
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