Apple designer Jony Ive's AI hardware startup, io, in a deal worth nearly $6.5 billion. Ive previously worked with Sam Altman.

OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for about $6.4 billion in an all-equity deal that includes its current stake in the company.

OpenAI is buying io, a hardware company founded by former Apple design chief Jony Ive, the two companies announced on Wednesday.

Google I/O 2025 was largely dominated by AI agents that will parse the web for users, representing a new paradigm that could replace Search.

Fuddy-duddy measures of business success, such as sales or profit, were not in focus. For now, the meagre cloud revenues Alphabet, Amazon and Microsoft are making from AI, relative to the magnitude of their investments, come mostly from AI labs and startups, some of which are bankrolled by the giants themselves.

Box's latest AI moves show how it is adapting to unlock new value from unstructured enterprise content, which could set the stage for a new era of content management.

The Dell AI Factory claims to speed up data throughput and lower latency for making AI predictions at the edge. Here's how the pieces come together.

LM Arena, a crowdsourced benchmarking project major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg.