OpenAI CEO Sam Altman and ex-Apple chief designer Jony Ive looks $1 billion for ‘iPhone of AI’

From Times of India: 2024-04-06 22:04:00

Jony Ive and OpenAI CEO Sam Altman team up to create AI-powered device, seeking to raise $1 billion. Potential investors include Thrive Capital and Emerson Collective. Device won’t be a smartphone, aiming for natural AI interaction. Talks with SoftBank’s Masayoshi Son regarding Arm involvement ongoing, no deal finalized yet.

Former Apple design chief Ive, now partnering with Altman, may compete with Apple in AI and machine learning. Tang Tan, departing iPhone and Watch design chief at Apple, joins Ive’s LoveFrom to lead hardware design, including AI device. Project still early stages, focused on hiring talent and creating concepts for home devices with OpenAI software.



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