Jony Ive and Sam Altman seek $1 billion for the “iPhone of AI”

In September 2023, reports emerged of former Apple design guru Jony Ive joining forces with OpenAI CEO Sam Altman to develop the “iPhone of AI.”, the duo held brainstorming sessions at the designer’s San Francisco studio about a new consumer product centered on OpenAI’s technology.

Altman and Ive are currently in advanced discussions with various venture capital firms, including Thrive Capital and Emerson Collective, to secure around $1 billion in funding for their yet-to-be-named startup. The device is expected to be powered by OpenAI’s ChatGPT., Ive has enlisted the services of Tang Tan to lead the project’s hardware engineering. Tan was formerly Apple’s Vice President of iPhone and watch product design.

Source: Tech Daily Report (techdailyreport.net)

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