Hours after Sam Altman and Jony Ive announced that OpenAI was buying Ive’s company on Wednesday, io, in an all-stock transaction valued at $6.5 billion, Investors were happy about the hefty returns they got from the sale of io to OpenAI.

AI gadgets are back, baby! Or that’s what Jony Ive and Sam Altman hope. Well, they may not really hope they’re back as much as they hope they’re not completely and utterly cooked. ICYMI, Ive and OpenAI’s CEO,

Jony Ive, the famed designer who joined Steve Jobs to develop Apple’s most popular products, will now curate new devices for OpenAI after his startup was acquired by Sam Altman’s firm earlier this week,

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised advertising and content, advertising and content measurement, audience research and services development. List of Partners (vendors)

More details are trickling out about Jony Ive and Sam Altman’s new AI device. In a post on Thursday, Apple analyst Ming-Chi Kuo says his research indicates that the device could be larger than Humane’s AI pin, but with a “form factor as compact and elegant as an iPod Shuffle.”

Well-funded and big-name partnerships often end in failure. And ex-Apple employees don’t have a great record of success.

Sam Altman is working with Ive to secure direct user access, showing how distribution is becoming more important than technology in the AI race.

With its multibillion-dollar purchase of Apple design legend Jony Ive's startup, OpenAI is doubling down on a bet that the AI revolution will birth a new generation of novel consumer devices. Why it matters: Just as the web first came to us on the personal computer and the cloud enabled the rise of the smartphone,