San Francisco, April 8, 2025 – OpenAI is reportedly in talks to acquire io Products, an AI hardware startup co-founded by Jony Ive and Sam Altman, for around $500 million. The company is developing innovative AI devices, including a screenless phone concept and smart home technology, aimed at providing seamless and less intrusive user experiences.
The startup has drawn top talent from Apple, such as Tang Tan and Evans Hankey, boosting its credibility in consumer design. The potential deal, which may involve an acquisition or a strategic partnership, could significantly expand OpenAI’s presence in the consumer hardware space and set it up as a rival to tech giants like Apple.
