OpenAI is in advanced talks with former Apple designer Sir Jonathan Ive and SoftBank’s Masayoshi Son to create a project to build an “AI iPhone,” with more than $1 billion in funding from the Japanese group.
OpenAI CEO Sam Altman has tapped Ive’s company LoveFrom, which the designer founded when he left Apple in 2019, to develop the first consumer device based on the technology behind ChatGPT. Here’s what three insiders say Financial Times Wire. As I mentioned earlier the information Turn it around.
Altman and Ive held brainstorming sessions in the designer’s studio in San Francisco about what a new consumer product based on OpenAI technology could look like, the sources said. They hope to create a more natural and intuitive user experience for interacting with AI, in the same way that innovations in touchscreen technology in smartphones have unleashed the enormous market potential of the mobile Internet. The sources said that the process of determining the design or device is still in its early stages, with many different ideas on the table.
To unite forces
Masayoshi Son, founder and CEO of SoftBank, also participated in some of the conversations. The Japanese company is the parent company of chip designer Arm, which recently raised money from Wall Street. The trio is thinking about starting a company that will bring in talent and technology from their three companies: OpenAI, LoveFrom, and Arm. SoftBank is set to invest more than $1 billion in the company.
The sources warned that the talks are considered “serious”, but no agreement has been reached yet foot. It could take several months before the company is officially announced, and then it could be years before the first hardware product is on the market.
The other important thing
Jonathan Ive played a central role in the design of the first iPhone, which was launched in 2007 and ushered in a new era of personal computing technology. But now that the smartphone market has plateaued, many in Silicon Valley are thinking about what the next big consumer electronics device could be.
AI seems to be the new holy grail for many tech companies. Microsoft has already invested more than $10 billion in OpenAI, the company behind ChatGPT, which is now valued at about $90 billion. In addition, Google has also jumped on board the AI boat and Nvidia has seen its value rise sharply on the stock market this year due to the popularity of AI among investors.
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