The artificial intelligence giant has acquired a startup, reportedly valued at $6.5 billion, founded by Apple vet Jony Ive. But is the play indicative of an AI bubble? Ive and OpenAI head Sam Altman announced the agreement in a brief release as well as a 10-minute video.

OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.

As part of a new partnership, G42, an Emirati A.I. firm, will also help fund OpenAI’s new computer facilities in the United States.

Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.

Ilya Sutskever, the brains behind ChatGPT, told scientists at OpenAI in the summer of 2023: “Once we all get into the bunker…”

We find out from Ive that Altman is a “rare visionary.” We hear from Altman that Ive is “the deepest thinker over anyone [he’s] ever met.” We’re told by Altman that Ive’s design firm is the “densest collection of talent that I’ve ever heard of in one place and probably has ever existed in the world.

The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers.

OpenAI, Oracle, Nvidia, and Cisco team up with G42 to build a $100B AI campus in Abu Dhabi under the Trump administration’s AI infrastructure initiative.

OpenAI has announced the launch of its io Products, founded by former Apple chief designer Sir Jony Ive and Sam Altman, in a deal valued at $6.5bn. The agreement brings one of the world’s most influential product designers into OpenAI’s leadership as the artificial intelligence (AI) company expands into consumer hardware.