Tech's past and future walk into a San Francisco cafe. That's the conceit behind a new video starring legendary Apple designer Jony Ive and OpenAI CEO Sam Altman, who on Wednesday announced a $6.5 billion deal that will see the ChatGPT-maker gobble up Ive's nascent device startup.

The San Francisco-based maker of ChatGPT is paying nearly $6.5 billion for Ive’s company, OpenAI said. The deal does not include LoveFrom, Ive’s design firm. OpenAI said that Ive will be working closely with OpenAI, but he won’t be joining the company.

OpenAI has fully acquired Io, a joint venture it cocreated last year with Jony Ive, the famed British designer behind the sleek industrial aesthetic that defined the iPhone and more than two decades of Apple products.

The contest in Silicon Valley to dominate artificial intelligence is playing out on a new court: superstar researchers.

Sam Altman’s OpenAI, the company behind global phenomenon ChatGPT, has made a groundbreaking AUD $9.9 billion purchase, acquiring a fledgling devices company started by a former iPhone designer — a deal that was announced with much aplomb by the two tech founders.

Anthropic, a San Francisco competitor to OpenAI, has been sparring in court with top record labels since late 2023, when they sued the high-dollar startup for using their copyright material to train its artificial intelligence chatbot,

Beyond that, we don’t know much about what Jony Ive and OpenAI are building through their newly combined company io, except that it’s some kind of AI super-gadget. But after a couple of years of watching the industry try and shove AI into every form factor you can imagine,

Jony Ive, the famed designer who joined Steve Jobs to develop Apple’s most popular products, will now curate new devices for OpenAI after his startup was acquired by Sam Altman’s firm earlier this week,