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    Home » Who is Jony Ive & why is OpenAI spending $6.5B to acquire the former Apple exec’s AI start-up?

    Who is Jony Ive & why is OpenAI spending $6.5B to acquire the former Apple exec’s AI start-up?

    May 21, 2025 Business and Money Vids 1 Min Read
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    OpenAI’s recent hiring spree, including hires of former CEOs of Nextdoor and Instacart, signals serious hardware ambitions, capped by OpenAI’s acqui-hire deal with Jony Ive.

    Creative Strategies CEO and principal analyst Ben Bajarin joins Market Domination to explain that we could see artificial intelligence (AI)–powered wearables hit the market within 12 to 24 months as the space heats up.

    To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/

    #ai #yahoofinance #tech #openai #artificialintelligence #samaltman #apple

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