
Sir Jony Ive’s tech start-up to merge with OpenAI in $6.5bn deal
OpenAI acquires io, the design-led tech start-up founded by former Apple designer Sir Jony Ive, in a $6.5bn deal to accelerate its move into AI hardware.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

OpenAI acquires io, the design-led tech start-up founded by former Apple designer Sir Jony Ive, in a $6.5bn deal to accelerate its move into AI hardware.

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