Home ยป Innovative AI Ventures by Jony Ive and OpenAI Enter Negotiations with Investors

Innovative AI Ventures by Jony Ive and OpenAI Enter Negotiations with Investors

Prior reports indicated that Jony Ive, former head of product design at Apple, is now the owner of the design company LoveForm, has entered into a collaboration with OpenAI to develop a new AI device. However, details regarding the nature of this device and the progress of the collaboration remain undisclosed.

A recent report from The Information revealed that Jony Ive and OpenAI have successfully secured funding from Thrive Capital and Emerson Collective. Earlier reports suggested Ive was seeking approximately $1 billion in funding.

Nevertheless, the report does not provide information on the specific AI device Ive is working on, its design, or features. It does confirm progress in securing financial support for the project.

Source: The Information via Apple Insider

TLDR: Jony Ive collaborates with OpenAI to develop a new AI device, secures funding from Thrive Capital and Emerson Collective, while details about the device remain undisclosed.

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