TLDR:
- OpenAI CEO Sam Altman and former Apple design chief Jony Ive are seeking funding for an AI-powered personal device that won’t look like a smartphone.
- They aim to raise up to $1 billion in funding.
Article Summary:
OpenAI CEO Sam Altman and Jony Ive, former Apple design chief, have joined forces to create an AI-powered personal device and are in the process of sourcing funding for their new venture. Though not much is known about the device at the moment, it is confirmed that it will not resemble a traditional smartphone. Altman, who is a major investor in the Humane AI pin, a screenless wearable AI device, might use similar technology in this collaboration with Ive. Reports suggest that the duo is aiming to secure up to $1 billion in funding, with potential backers including major venture capitalists like Thrive Capital and Emerson Collective, as well as SoftBank CEO Masayoshi Son. While Ive parted ways with Apple in 2019 and ceased his consultancy role with the company in 2022, he has now embarked on this new startup with Altman, showcasing their shared interest in advancing AI technology and personal devices in a unique way.
