OpenAI CEO Sam Altman just said the company has a chance to “do the biggest thing” in its history: roll out 100 million AI-powered devices designed to sit on your desk, fit in your pocket, and integrate seamlessly into your daily life.

Gene Munster, Managing Partner at Deepwater Asset Management, warned Wednesday that OpenAI represents the first serious competitive threat to Apple Inc. in two decades following the artificial intelligence company's $6.

OpenAI announced plans on Wednesday to acquire io, the artificial intelligence startup launched by former Apple design head Jony Ive.

OpenAI is venturing into hardware with its $6.5 billion acquisition of Sir Jony Ive's io, aiming to launch AI-powered companions by 202627 that blend unobtrusive design with real-world awareness. Analyst Ming-Chi Kuo of TF International Securities calls physical AI the next critical trend and sees the Ive partnership as a strategic play to marry leading AI models with Apple (NASDAQ:AAPL)-grade industrial design.

OpenAI ( OPAI.PVT) is purchasing legendary Apple ( AAPL) designer Jony Ive’s startup, io, for $6.5 billion in an effort to develop a new family of products that take advantage of generative AI technologies.

OpenAI said on Wednesday that it will acquire io, the AI equipment startup founded by former Apple (AAPL.US)'s chief design officer Jony Ive, for approx. US$6.4 billion. The transaction is all in stock,

The prototype is reportedly larger than Humane’s AI Pin but retains the minimalist appeal of an iPod Shuffle. It’s designed to be worn around the neck and is expected to connect to smartphones and PCs for compute and display, representing a new model of hybrid device.