OpenAI is buying Jony Ive’s AI hardware company
OpenAI is buying io, a hardware company founded by former Apple design chief Jony Ive and several other former engineers from his time there, including Scott Cannon, Evans Hankey, and Tang Tan.
The deal is valued at nearly $6.5 billion, Bloomberg reports. About 55 hardware engineers, software developers, and manufacturing experts will join OpenAI as part of the acquisition. That includes Cannon, Hankey, and Tan. The first devices following the acquisition are set to launch in 2026.
In an interview with Bloomberg, Ive called AI hardware misfires like the Humane Pin and Rabbit R1, “very poor products,” and said that “There has been an absence of new ways of thinking expressed in products.”
“We gathered together the best hardware and software engineers, the best technologists, physicists, scientists, researchers and experts in product development and manufacturing,” Ive and OpenAI CEO Sam Altman said in a joint post. “Many of us have worked closely for decades. The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco.”
Ive won’t be joining OpenAI, and his design firm, LoveFrom, will continue to be independent, but they will “take over design for all of OpenAI, including its software,” Bloomberg says.
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