{"id":933057,"date":"2025-05-23T07:19:19","date_gmt":"2025-05-23T01:49:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=933057"},"modified":"2025-05-23T07:29:26","modified_gmt":"2025-05-23T01:59:26","slug":"openai-buys-ex-apple-designer-jony-ives-io-for-6-4-bn-in-ai-expansion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/23\/openai-buys-ex-apple-designer-jony-ives-io-for-6-4-bn-in-ai-expansion\/","title":{"rendered":"OpenAI buys ex-Apple designer Jony Ive&#8217;s io for $6.4 bn in AI expansion"},"content":{"rendered":"<p>OpenAI has acquired the hardware start-up io, founded by former Apple design chief Sir Jony Ive, in a $6.4 billion all-equity deal, according to the Financial Times. The move is part of OpenAI&#8217;s push to move beyond smartphones and build new devices that are optimised for the AI-first world. <\/p>\n<p>Having already held a 23 per cent stake in the company, OpenAI, the creator of ChatGPT, paid $5 billion in equity to acquire the remaining 77 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenAI has acquired the hardware start-up io, founded by former Apple design chief Sir Jony Ive, in a $6.4 billion all-equity deal, according to the Financial Times. The move is part of OpenAI&#8217;s push to move beyond smartphones and build new devices that are optimised for the AI-first world. Having already held a 23 per cent stake in the company, OpenAI, the creator of ChatGPT, paid $5 billion in equity to acquire the remaining 77 per cent.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-933057","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/933057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=933057"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/933057\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=933057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=933057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=933057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}