OpenAI is acquiring Jony Ive and Sam Altman's startup, io, which will lead creative and design work for OpenAI.

OpenAI's acquisition of Ive's io startup could disrupt Google and Apple's strategies, impacting the tech landscape and raising stakes in the AI race.

OpenAI's latest power move in the AI race is to cast CEO Sam Altman as a Steve Jobs for the new era. Why it matters: Jobs remains Silicon Valley's most revered founder, and since his 2011 death no industry figure has been able to match his success at product innovation,

Well-funded and big-name partnerships often end in failure. And ex-Apple employees don’t have a great record of success.

A day later, Jony Ive and Sam Altman kicked down the door and told Google, “Hold my beer.”

I really hope OpenAI's new hardware doesn't make me talk to myself in public.

From the beige boxes of the late ’90s to the scintillating aluminium and glass of today, I’ve seen our devices evolve from mere tools to extensions of ourselves. We’ve gone from lugging around chunky desktop towers to slipping elegant slabs of silicon into our back pockets.

Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.