Jony Ive, Apple’s former head of design, will take over design at OpenAI after the Sam Altman-led company acquired Ive’s hardware startup in a deal valued at $6.5 billion, with the new pairing expected to unveil a product within the next year as a potential competitor to Ive’s former employer.

OpenAI is set to acquire Jony Ive's AI devices startup, io, in a significant $6.4 billion all-equity deal, marking its largest acquisition to date. This move follows OpenAI's recent agreement to purchase Windsurf for $3 billion,

OpenAI said it was buying IO, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial intelligence hardware.