Tag Archives: Sam Altman

OpenAI has taken a significant step toward reshaping the future of consumer technology by acquiring io, a hardware design startup co-founded by former Apple design chief Sir Jony Ive. Valued at approximately $6.5 billion, the all-equity transaction marks the company’s largest acquisition to date and formalizes its transition into the consumer hardware space. The deal was officially announced on May …

A major international effort to expand artificial intelligence infrastructure is underway in the United Arab Emirates, as OpenAI, Nvidia, and several other technology leaders announced plans to launch a new project called Stargate UAE. The initiative, based in Abu Dhabi, is positioned as a counterpart to a parallel U.S.-focused AI development campaign introduced earlier this year. The announcement marks the …