OpenAI to acquire Jony Ive's hardware startup io Products-March 2024-www.financetom.com

OpenAI to acquire Jony Ive's hardware startup io Products

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OpenAI to acquire Jony Ive's hardware startup io Products

May 26, 2025 11:52 AM

May 21 (Reuters) - OpenAI is set to acquire former Apple

iPhone design chief Jony Ive's hardware startup io

Products, the ChatGPT maker said on Wednesday.

The deal was pegged at $6.5 billion, according to reports by

the Financial Times and the Wall Street Journal.

(Reporting by Akash Sriram in Bengaluru)

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