all-equity deal Archives

OpenAI Acquires Device Startup io in $6.5B Deal, Taps Jony Ive to Lead AI Hardware Design

OpenAI has acquired io, the consumer device startup co-founded by CEO Sam Altman and legendary Apple designer Jony Ive, in an all-equity deal that values the company at $6.5 billion, according to The Wall

23 May 2025 · 1 min read

All-equity deal

OpenAI Acquires Device Startup io in $6.5B Deal, Taps Jony Ive to Lead AI Hardware Design

Trending today

Therna Unveils AI Platform to Study RNA and Design Candidate Medicines

Pathos AI Secures $237M in Series E Financing to Scale Agentic AI Drug Development Platform and Advance Oncology Pipeline

Blackstone Positions Itself at the Center of AI Financing as Neocloud Debt Concerns Grow

Anthropic Faces Scrutiny Over Investor Stakes, Cloud Strains and Draft AI Safety Bill Ahead of Expected IPO

Microsoft’s AI Diagnostic System Outperforms Generalist Doctors on Complex Cases, Science Study Finds

All-equity deal

OpenAI Acquires Device Startup io in $6.5B Deal, Taps Jony Ive to Lead AI Hardware Design

Trending today

Therna Unveils AI Platform to Study RNA and Design Candidate Medicines

Pathos AI Secures $237M in Series E Financing to Scale Agentic AI Drug Development Platform and Advance Oncology Pipeline

Blackstone Positions Itself at the Center of AI Financing as Neocloud Debt Concerns Grow

Anthropic Faces Scrutiny Over Investor Stakes, Cloud Strains and Draft AI Safety Bill Ahead of Expected IPO

Microsoft’s AI Diagnostic System Outperforms Generalist Doctors on Complex Cases, Science Study Finds

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