According to the Financial Times: OpenAI will acquire io Products, the hardware startup founded by former Apple (AAPL.O) chief design officer Jony Ive, for about $6.5 billion, people familiar with the matter said.

2025-05-22 01:04:32

AI OpenAI Apple

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Pony.ai reportedly plans to apply for listing in Hong Kong in a confidential manner
                            2025-05-14

                                    Boeing (BA.N) shares rose as much as 3.1% to their highest since February 2024 as Qatar signed an aviation agreement to buy Boeing aircraft.
                            2025-05-14

                                    US President Trump: Qatar Airways has ordered more than 160 Boeing aircraft.
                            2025-05-14

                                    Hong Kong stocks opened: Hang Seng Index opened 0.02% higher, Hang Seng Technology Index opened 0.14% lower
                            2025-05-15

                                    Galaxy Securities: Optimistic about Apple chain listed companies affected by short-term tariff policies
                            2025-05-15