Newsroom
Highlights:
Jony Ive and OpenAI’s Sam Altman are collaborating on an AI hardware device, with a potential $1 billion funding target by year-end.
The project will be designed by Ive’s company, LoveFrom, and involves former key iPhone designers.
Get smarter at marketing in just 5 minutes
Our 1x weekly, bite-sized newsletter will give you everything you need to know in the world of marketing:
Jony Ive, former Apple design chief, and Sam Altman, CEO of OpenAI, are collaborating on a new AI hardware project. Ive confirmed his involvement following a report by The New York Times, which detailed the partnership. Axios also reported that Altman said he’s working on the project with Ive.
Their partnership reportedly began in 2022. By early 2023, the startup had already secured office space and assembled a team of 10 employees.
The project’s funding and design team
Laurene Powell Jobs’ Emerson Collective reportedly backs the project. It plans to raise $1 billion in funding by the end of the year.
Investors such as SoftBank's Masayoshi Son have been rumored to be involved, but these reports remain unconfirmed.
Ive's design firm, LoveFrom, is leading the design efforts. Its leadership includes Tang Tan and Evans Hankey, key designers from the original iPhone team.
Industrial designer Marc Newson, who is also collaborating with Ive on the project, said that the teams are still in the early stages of determining the product's direction.
09/25/2024
📰
Stories like this, in your inbox every Wednesday
Our 1x weekly, bite-sized newsletter will give you everything you need to know in the world of marketing:
