OpenAI has fully acquired Io, a joint venture it cocreated last year with Jony Ive, the famed British designer behind the sleek industrial aesthetic that defined the iPhone and more than two decades of Apple products.

During an internal meeting, Altman told employees the initiative could be “the biggest thing we’ve ever done.” He also confirmed that OpenAI will acquire Ive’s startup, io, for $6.5 billion.

OpenAI has recruited distinguished designer Jony Ive to spearhead a new hardware project. The AI company is acquiring Io, co-founded by Ive, for $6.5 billion. Although not becoming an OpenAI employee,