OpenAI just made its biggest move yet — buying Jony Ive’s AI startup — with hopes of building something that feels as magical as the first iPhone.
Image Credit: OpenAI
Image Credit: OpenAI
Initially, it was reported that OpenAI would buy Jony Ive’s AI startup, simply named “io”, for $500 million. To say that the actual sale cost was a bit higher would be an understatement.
The final sale price wound up being nearly $6.5 billion — in stock.