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Home»Latest Posts»OpenAI, ex-Apple designer Jony Ive in talks with SoftBank’s Son to lift $1 bn to construct ‘iPhone of AI’
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OpenAI, ex-Apple designer Jony Ive in talks with SoftBank’s Son to lift $1 bn to construct ‘iPhone of AI’

Rudra SharmaBy Rudra SharmaUpdated:No Comments2 Mins Read
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OpenAI, ex-Apple designer Jony Ive in talks with SoftBank’s Son to lift  bn to construct ‘iPhone of AI’
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OpenAI, the maker of ChatGPT and former Apple designer Jony Ive are in superior talks with SoftBank’s Masayoshi Son to lift greater than $1 billion in funding to construct the “iPhone of synthetic intelligence”, stated a report by the Monetary Instances on Thursday. 

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OpenAI has tapped Ive’s firm LoveFrom to develop the ChatGPT creator’s first client gadget, the report stated.

In response to the report, talks are stated to be “severe” however no deal has been agreed on, and it may very well be a number of months earlier than a enterprise is formally introduced.

OpenAI’s chief Sam Altman, Ive and Son have mentioned creating an organization that will draw on expertise and know-how from their three teams, added the report. 

Tech web site The Data first reported on Tuesday that Ive and Altman have been discussing constructing a brand new AI {hardware} gadget and that Softbank’s Son has additionally been concerned in some points of the dialog.

Tech web site The Data first reported on Tuesday that Ive and Altman have been discussing constructing a brand new AI {hardware} gadget and that Softbank’s Son has additionally been concerned in some points of the dialog.

Ive has spent greater than 20 years at Apple. He was an in depth inventive collaborator with the tech big’s co-founder Steve Jobs. 

Ive had led the design of the candy-colored iMacs that helped Apple re-emerge from close to dying within the Nineties in addition to the design of the iPhone.

Earlier this month, the FT had reported that SoftBank has been on the lookout for offers in AI, together with a possible funding in OpenAI, after the blockbuster itemizing of its Arm unit. 

It additionally stated that Son was seeking to make investments tens of billions of {dollars} within the know-how.

After the exceptional success of ChatGPT, OpenAI has prompted corporations resembling Microsoft and Alphabet to pour billions of {dollars} into investing within the know-how.

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Up to date: 29 Sep 2023, 01:32 AM IST

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Techcrowder is an imprint of Authority Media dedicated to consumer electronics and digital services. Beyond our expertise in mobile tech, our coverage has expanded to include everything from robot vacuums to streaming services to innovations in artificial intelligence.

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