OpenAI to buy Jony Ive’s io Products for $6.5bn
OpenAI to buy Jony Ive’s io Products for $6.5bn

OpenAI to buy Jony Ive’s io for $6.4bn in hardware push

Link without the paywall
OpenAI to buy Jony Ive’s io Products for $6.5bn
OpenAI to buy Jony Ive’s io for $6.4bn in hardware push
Link without the paywall
I find it strange that OpenAI is buying companies despite the huge losses.
Could it be that they reached an agreement with Microsoft in which they receive large amounts of money?
Look how long Facebook, etc operated at a loss for. They’re in the top 10 sites (top 5 maybe iirc). They can do what they want, they have the users. People will throw money at them until they don’t. Microsoft’s best shot at rivalling Google search. They haven’t even put ads in the responses yet.
I feel that their profits will be in selling powerful AI to Governments and Intelligence Agencies
OpenAI said it aims to “create a family of products for the AGI era”
A family of products that no one will be able to buy, sounds great Sam! 👍
Maybe they will create a family of products focused on each economic class and sector.