Jony Ive And OpenAI's $1 Billion Bet: A New AI Device In The Works With Just 10 Employees

Jony Ive, the iconic former Apple designer known for shaping the look of the iPhone and countless other products, is entering a new venture. And it’s with OpenAI’s CEO, Sam Altman. This partnership was confirmed in a recent New York Times profile that sheds light on what Ive has been up to since leaving Apple.

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So, what's brewing between these two tech visionaries? Details are still under wraps, but they're cooking up something big in AI. The project is still in its early stages and has a modest team of about 10 people. But don't let the small team size fool you – this crew includes some heavy hitters like Tang Tan and Evans Hankey. These guys are key players who worked with Ive on the iPhone. LoveFrom, Ive's design firm, is at the helm. They're shaping the concept and design of this mysterious new device.

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Ive and Altman reportedly connected through Brian Chesky, the CEO of Airbnb. The Emerson Collective backs their collaboration, Laurene Powell Jobs' venture. The New York Times suggests they could raise up to $1 billion in funding by the end of the year. However, contrary to previous rumors, SoftBank's Masayoshi Son is not mentioned as involved, despite last year's buzz that he might invest $1 billion into the project.

The team is currently working out of a sleek 32,000-square-foot office in San Francisco, part of a $90 million real estate block that Ive acquired. The location hints at the scale of their ambitions, but as for what the actual device will be, well, that's still anyone's guess.

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According to the Times, Ive and Altman have discussed how generative AI could pave the way for a revolutionary new computing device, one that goes beyond what traditional software can do by handling more complex tasks. There were whispers last year that the project might draw inspiration from touch screen technology and the original iPhone, but nothing is set in stone.

Even LoveFrom's co-founder, Marc Newson, admitted that many details are still in the air. The design, functionality and even the release timeline of the product are all still being worked out. It sounds like we're in for a bit of a wait before this project sees the light of day. But knowing Ive's track record, it's sure to be worth keeping an eye on.

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