Summary
Sir Jony Ive, the well-known designer behind the Apple iPhone, is teaming up with OpenAI to work on creating new technology devices that focus on artificial intelligence. OpenAI, known for developing the AI chatbot ChatGPT, plans to buy a start-up company founded by Sir Jony, aiming to build a new type of computer device.
Key Facts
- Sir Jony Ive is joining OpenAI to develop AI-focused hardware.
- OpenAI is a company that created ChatGPT, a popular AI chatbot.
- OpenAI will acquire a start-up founded by Sir Jony Ive.
- Sir Jony will take on major design roles at OpenAI.
- Apple’s stock dropped by more than 2% after the partnership was announced.
- Sir Jony worked at Apple for over 30 years and left in 2019.
- OpenAI owned 23% of Sir Jony's start-up, which was valued at about $6.4 billion.
- The tech industry is looking for the next major product, similar to the impact of the iPhone.
