OpenAI Acquires Jony Ive’s Hardware Startup Io for $6.5B
AcquisitionAI

OpenAI Acquires Jony Ive’s Hardware Startup Io for $6.5B

•Oct 8, 2025

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Deal Summary

OpenAI completed a $6.5 billion acquisition of Jony Ive’s hardware startup Io, announced in May and referenced during OpenAI’s Dev Day. The deal brings Ive’s design expertise into OpenAI’s effort to build a family of AI-powered devices.

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