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Apple Rattled As OpenAI Acquires io to Develop AI Devices
Apple Inc. (NASDAQ:AAPL) shares declined after reports surfaced that OpenAI is acquiring Jony Ive’s hardware startup, io Products, in a $6.5 billion deal. The acquisition has fueled investor concerns about rising competition in the consumer device market.
Battle for AI dominance: OpenAI's moves target Apple & Google
OpenAI's (OPAI.PVT) move to bring Jony Ive into the fold could reshape the artificial intelligence (AI) device race and put fresh pressure on Apple (AAPL). Hope King, founder of Macro Talk News and Yahoo Finance contributor,
Sam Altman and Jony Ive’s mysterious ‘AI-powered computer’ will be OpenAI’s magnum opus - here are 5 clues that hint at what it will be
Another hint Altman and Ive gave the WSJ is that the product will be "capable of being fully aware of a user’s surroundings and life," and "unobtrusive.'"Again, painting the picture of a small smart pin that you can place anywhere.
TechJuice2d
OpenAI and Jony Ive Forge Historic $6.5B AI Hardware Alliance
OpenAI partners with former Apple design chief Jony Ive, acquiring his startup io for $6.5 billion to develop innovative AI-powered devices.
The Information1d
The Coming Culture Clash for Jony Ive’s Io and OpenAI
OpenAI’s been on a shopping spree.First, a $3 billion bid for Windsurf, the maker of a popular AI coding assistant formerly known as Codeium. And now, a whopping $6.5 billion acquisition of io, the AI device startup OpenAI CEO Sam Altman and former Apple design chief Jony Ive have been working
Apple probes next frontier with new brain implant standard. But what it really needs is to sell more iPhones
Apple's announcement of a sci-fi like brain computing interface shows that the company still has its eye on cutting edge innovation. But it also highlights the challenge weighing on the company's day-to-day business.
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