OpenAI is buying Jony Ive's secretive device start-up in a $10b deal
Los Angeles | OpenAI will acquire the AI device start-up co-founded by Apple veteran Jony Ive in a nearly $US6.5 billion ($10.1 billion) all-stock deal, joining forces with the legendary designer to make a push into hardware.
The purchase – the largest in OpenAI's history – will provide the company with a dedicated unit for developing AI-powered devices. Acquiring the secretive start-up, named io, also will secure the services of Ive and other former Apple designers who were behind iconic products such as the iPhone.
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News.com.au
5 hours ago
- News.com.au
Best Amazon EOFY 2025 Deals and Savings in Australia this June
Calling all savvy shoppers. Amazon's highly-anticipated Mid-Year sale is back and better than ever, and it's the perfect time to really shop 'til you drop. The annual sales event has officially kicked off and will wrap up on Sunday, June 8 – so you've only got six days of mouth-watering deals to take advantage of. While other retailers run end-of-financial-year (EOFY) sales, Amazon runs a Mid-Year Sale which is their equivalent to an EOFY sale. The Amazon Mid-Year Sale brings insane deals and discounts across all kinds of categories – including home, appliances, tech, toys, fashion and beauty, and brands like Apple, ECOVACS, Nintendo, RENPHO and more. So whether you're after a new robot vacuum cleaner, air fryer, laptop and headphones or clothes, shoes and TikTok-approved beauty products, Amazon is sure to have incredible deals across the board. BEST AMAZON MID-YEAR SALE DEALS 2025 To help you find the best deals that Amazon have on offer in their mid-year sale, we've rounded up all the deals that are worth your time and money. OUR TOP PICKS If you have yet to jump on the air fryer trend, you're in luck. The Philips 5000 Series Air Fryer is 56 per cent off, now $198 (from $449) and it's the perfect addition to any modern kitchen. Shoppers love the generous size and convenience when cooking quick meals. 'This airfryer has been absolutely fantastic … it is not noisy like some airfryers I've heard. Roast potatoes, pumpkin, carrots etc, all come out beautifully … How did I live without this appliance?!' wrote one five-star review. Keep your floors fresh and clean with 40 per cent off the top-rated Shark Steam and Scrub Mop, now down to $269 (from $449.99). This best-selling unit will effortlessly clean and sanitise your floors with just water – no chemicals needed. Five-star reviewers say it 'cleans like a dream' and 'left my floors shiny and clean'. If you'd prefer to have all the cleaning done for you, the ECOVACS Deebot T20e Robot Vacuum and Mop is currently 60 per cent off, bringing it down to $799 (from $1999). The two-in-one machine vacuums and mops, and shoppers have dubbed it a 'game changer' that 'cleans well'. There's also 53 per cent off the ECOVACS Deebot N20 Robot Vacuum, which is now $349 (down from $749). However, if you're looking to invest in a Dyson, you can score the Dyson V15 Detect Absolute Cordless Vacuum Cleaner at 34 per cent off, coming down to $949.99 (from $1449) or one that stacks up to the big name brand – the Shark Cordless Vacuum with a Self Cleaning Brushroll is 33 per cent off, now $368.87 (from $549.99). If there was ever a time to invest in a coffee machine to save on buying takeaway every day, it's now. Take 41 off the Breville Barista Express Espresso Machine – shoppers say the unit is 'easy-to-use' and produces 'barista-style' coffees. For the beauty lovers, the TikTok viral COSRX Advanced Snail 96 Mucin Power Essence is 49 per cent off, down to $19.50 (from $38). The sought-after beauty buy has over 7,000 five-star ratings with satisfied shoppers hailing it their 'holy grail' and a 'magical serum'. We've also spotted 42 per cent off the La Roche-Posay Sunscreen Lotion (now $22.69, down from $38.95), 43 per cent off the La Roche-Posay Cicaplast Balm (now $14.69, from $25.95) and 25 per cent off the d'Alba Italian White Truffle First Spray Serum (now $24, from $32). Tech-heads, we haven't forgotten about you. Right now, you can score the Apple AirPods Pro (2nd Gen) at 13 per cent off, bringing it down to $348 (from $399) and the Apple AirTags for $148 (down from $165) – it's rare to see Apple tech at discounted prices and if they do, it's normally not for very much so this is a sale we recommend jumping on ASAP. Take a rare 38 per cent off the Bose QuietComfort Ultra Headphones, which is down to $399.95 (from $649) – shoppers say you 'can't go wrong with these headphones' as they offer 'outstanding audio quality'. There's also 49 per cent off the best-selling INIU 22.5W Power Bank that over 3,000 shoppers call 'handy', 'reliable' and 'perfect for travel'. Amazon have slashed prices on their very own devices and accessories – including 30 per cent off the Fire TV Stick 4K (now $69, from $99) and 38 per cent off the Echo Pop (now $49, from $79) that is 'life changing' and 'useful'. Other deals we can't look past include 32 per cent off Sperax Under Desk Treadmill 36 per cent off WiMiUs Projector, and 35 per cent off Sunbeam Sleep Perfect Antibacterial Electric Blanket. QUICK LINKS Don't forget to bookmark this page and check back later as we'll continue updating it with deals as they come through. Please note: prices are correct and products are in stock at time of publishing. We'll do our best to keep this story updated, but be aware products move fast during sales events. EDITOR'S PICKS: BEST AMAZON DEALS BEST HOME AND APPLIANCE DEALS BEST TECH DEALS BEST HEALTH AND BEAUTY DEALS BEST EVERYDAY ESSENTIALS DEALS BEST TOY DEALS BEST FASHION DEALS MORE END OF FINANCIAL YEAR SALES If you're a seasoned bargain hunter, you'll know that the end-of-financial year sales bring with it some of the biggest and best discounts. A number of other major online retailers have kicked off the EOFY sales, so you can check them out below. You can also sign up to the to get awesome sales, shopping tips and guides delivered to your inbox every week.
Sydney Morning Herald
12 hours ago
- Sydney Morning Herald
Big business says it will transform productivity. Unions say it will destroy jobs. Labor's in the middle
Big business and unions are on a collision course over Labor's plans to curb the use of artificial intelligence – a policy with potential to create another flashpoint with the Trump administration. The federal government has been mulling new laws or regulations to limit the potentially damaging effect of some automated tools, mirroring moves in Europe. The EU attracted the wrath of US Vice-President JD Vance, who said in February that 'excessive regulation of the AI sector could kill a transformative industry'. Australia's most influential corporate lobby group, the Business Council of Australia, is calling on Prime Minister Anthony Albanese to shun calls for heavier regulation stemming from the ethics debates surrounding advances such as OpenAI. The argument to avoid curbs puts the business lobby on the side of Treasury secretary Steven Kennedy, who said last week that AI presented immense economic opportunities and existing regulations should be favoured instead of new rules. But unions are pushing for federal regulations to protect workers, setting up a fresh contest on industrial relations in Labor's second term. BCA boss Bran Black wants schools to teach about AI in primary school and is arguing for large boosts to research in the sector to drive up Australia's sagging rate of productivity and material living standards. Australia must avoid EU-style laws which are too broad, according to Black, a former adviser to ex-NSW premier Dominic Perrottet. 'We should always start from the premise that the application and use of AI is overwhelmingly positive and will increase our collective prosperity,' Black told this masthead. The BCA is pointing to existing applications of AI to prove its potential as an economic boon, including Commonwealth Bank using machines to read documents, BHP using the technology to manage resources and save water, and Salesforce addressing 84 per cent of customer inquiries without human involvement.
The Age
12 hours ago
- The Age
Big business says it will transform productivity. Unions say it will destroy jobs. Labor's in the middle
Big business and unions are on a collision course over Labor's plans to curb the use of artificial intelligence – a policy with potential to create another flashpoint with the Trump administration. The federal government has been mulling new laws or regulations to limit the potentially damaging effect of some automated tools, mirroring moves in Europe. The EU attracted the wrath of US Vice-President JD Vance, who said in February that 'excessive regulation of the AI sector could kill a transformative industry'. Australia's most influential corporate lobby group, the Business Council of Australia, is calling on Prime Minister Anthony Albanese to shun calls for heavier regulation stemming from the ethics debates surrounding advances such as OpenAI. The argument to avoid curbs puts the business lobby on the side of Treasury secretary Steven Kennedy, who said last week that AI presented immense economic opportunities and existing regulations should be favoured instead of new rules. But unions are pushing for federal regulations to protect workers, setting up a fresh contest on industrial relations in Labor's second term. BCA boss Bran Black wants schools to teach about AI in primary school and is arguing for large boosts to research in the sector to drive up Australia's sagging rate of productivity and material living standards. Australia must avoid EU-style laws which are too broad, according to Black, a former adviser to ex-NSW premier Dominic Perrottet. 'We should always start from the premise that the application and use of AI is overwhelmingly positive and will increase our collective prosperity,' Black told this masthead. The BCA is pointing to existing applications of AI to prove its potential as an economic boon, including Commonwealth Bank using machines to read documents, BHP using the technology to manage resources and save water, and Salesforce addressing 84 per cent of customer inquiries without human involvement.
