→OpenAI acquired Jony Ive's io Products for ~$6.5B all-stock (May 2025). Ive leads AI device design at OpenAI.
OpenAI acquired Jony Ive's io Products for ~$6.5B all-stock (May 2025). Ive leads AI device design at OpenAI.
Acquirer
Target / Acquired
io Products was acquired by OpenAI.
The acquisition was valued at $6.5B.
The acquisition was completed on May 15, 2025.
All-stock deal. Ive and team join OpenAI to lead AI device design. LoveFrom remains independent.