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OpenAI Explores $500M Acquisition of Jony Ive and Sam Altman's AI Hardware Startup

  • OpenAI is reportedly exploring the acquisition of a startup founded by Jony Ive and Sam Altman, valued at $500 million.
  • A book by Keach Hagey reveals power struggles at OpenAI leading to Altman's brief firing in November 2023 due to doubts about his leadership.
  • The board discovered that Altman owned OpenAI's Startup Fund, raising concerns about his transparency, as mentioned in Hagey's book.
  • Collaborations between Jony Ive and Altman are in early stages, with potential for groundbreaking technology, despite no product concept currently.
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Market Screener broke the news in on Sunday, April 6, 2025.
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