OpenAI closes $6.5 billion deal to buy Jony Ive's device startup: Report

The acquisition signals OpenAI's ambitions to expand beyond software and into consumer hardware, potentially reshaping how users interact with AI-powered tools and devices.

Agencies
OpenAI has finalised a $6.5 billion deal to acquire LoveFrom, the device design firm led by former Apple design chief Jony Ive, Bloomberg reports.

To be updated
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › AI › OpenAI closes $6.5 billion deal to buy Jony Ive's device startup: Report
Text Size:AAA
Success
This article has been saved

*

+