💨 Abstract
OpenAI is reportedly in discussions to acquire io Products, an AI hardware startup led by former Apple design lead Jony Ive, for around $500 million. The startup, which has a small team including former Apple designers, has been working on AI-enabled devices, aiming to create products less socially disruptive than the iPhone. Io Products has received funding from Laurene Powell Jobs's Emerson Collective.
Courtesy: techcrunch.com
Summarized by Einstein Beta 🤖
Suggested
Former Tesla exec Drew Baglino’s new startup is rethinking the electrical transformer
Waymo may use interior camera data to train generative AI models, sell ads
Shopify CEO tells teams to consider using AI before growing headcount
Google's AI Mode now lets users ask complex questions about images
AI video startup Moonvalley raised a fresh $43M, SEC filing shows
IBM acquires consultancy Hakkoda in continued AI investment push
SignalFire raises over $1B as LPs embrace data-driven investing
Meta's benchmarks for its new AI models are a bit misleading
Microsoft releases AI-generated Quake II demo, but admits ‘limitations’
Powered by MessengerX.io