OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup

OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products.

Ive, who left Apple in 2019 to start his own design firm called LoveFrom, confirmed that he was working with Altman on the AI hardware startup last year in an interview with The New York Times. io Products has raised an undisclosed amount of funding from Laurene Powell Jobs’s Emerson…