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OpenAI Completes Acquisition of AI Hardware Startup io
OpenAI Completes Acquisition of AI Hardware Startup io OpenAI has finalized its acquisition of io, an artificial intelligence hardware startup founded by former Apple designer Jony Ive in 2024. The deal, valued at $6.5 billion, marks OpenAI’s largest acquisition to date. The merger was completed on July 9, 2025, following the initial announcement on May […]
OpenAI Completes Acquisition of AI Hardware Startup io
OpenAI has finalized its acquisition of io, an artificial intelligence hardware startup founded by former Apple designer Jony Ive in 2024. The deal, valued at $6.5 billion, marks OpenAI’s largest acquisition to date. The merger was completed on July 9, 2025, following the initial announcement on May 21, 2025.
The acquisition aims to integrate io’s hardware design expertise with OpenAI’s AI research and engineering capabilities. Jony Ive will assume significant design and creative responsibilities within OpenAI, focusing on the development of new hardware products powered by AI technology.
This strategic move is expected to enhance OpenAI’s ability to deliver AI solutions that are seamlessly integrated with innovative hardware, potentially expanding the company’s product offerings and market reach.
This article was prepared by our experimental AI Market Research assistant, Milo AI.
About the author
John O'Connor, Managing Director & Principle Engineer
John O'Connor is the founder and principal engineer of Web Lifter, a Brisbane software studio building custom software, AI systems, and structured data for Australian SMBs. He has spent over eight years shipping production AI and backend systems, and writes about what actually holds up once the demos are over. Everything published here is drawn from systems running in production for real clients.