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OpenAI has formally closed its almost $6.5 billion acquisition of io, the {hardware} startup co-founded by famed former Apple designer Jony Ive, the corporate introduced Wednesday. However it was cautious to solely confer with the startup as io Merchandise Inc.
The weblog submit initially asserting the acquisition was additionally scrubbed from OpenAI’s web site because of a trademark lawsuit from Iyo, the listening to gadget startup spun out of Google’s moonshot manufacturing unit.
Now it’s again up, with a brand new word: “We’re thrilled to share that the io Merchandise, Inc. workforce has formally merged with OpenAI. Jony Ive and LoveFrom stay impartial and have assumed deep design and inventive obligations throughout OpenAI.”
OpenAI initially introduced the deal and plans to create devoted AI {hardware}, with a video on social media that includes its CEO, Sam Altman, and Ive. That video has been scrubbed from its web site and social media channels because of the lawsuit and has not returned. “The io workforce, centered on creating merchandise that encourage, empower and allow, will now merge with OpenAI to work extra intimately with the analysis, engineering and product groups in San Francisco,” the weblog submit states.
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