Latest news with #AIhardware
Bloomberg
28-07-2025
- Business
- Bloomberg
Celestica Boosts Revenue Guidance Again as AI Demand Booms
Celestica Inc. raised its full-year revenue forecast for the third time in a row as demand grows for its cloud-computing segment. The Toronto-based firm, which manufactures components such as microchips for artificial intelligence hardware, now expects its revenue to reach nearly $11.6 billion in 2025. The $700 million boost is Celestica's biggest quarterly guidance upgrade since it introduced its $10.4 billion revenue outlook for 2025 in October.
The Verge
09-07-2025
- Business
- The Verge
OpenAI closes its deal to buy Jony Ive's io and build AI hardware
OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. The blog post initially announcing the acquisition was also scrubbed from OpenAI's website due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google's moonshot factory. Now it's back up, with a new note: 'We're thrilled to share that the io Products, Inc. team has officially merged with OpenAI. Jony Ive and LoveFrom remain independent and have assumed deep design and creative responsibilities across OpenAI.' OpenAI originally announced the deal and plans to create dedicated AI hardware, with a video on social media featuring its CEO, Sam Altman, and Ive. That video has been scrubbed from its website and social media channels due to the lawsuit and has not returned. 'The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco,' the blog post states.
The Verge
09-07-2025
- Business
- The Verge
OpenAI closes deal with Jony Ive's io.
Posted Jul 9, 2025 at 5:12 PM UTC OpenAI closes deal with Jony Ive's io. OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famous Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. OpenAI originally announced the deal, and its plans to create dedicated AI hardware, with a viral video featuring its CEO Sam Altman and Ive. The video has since been scrubbed from its website and social media channels due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google's moonshot factory. The blog post initially announcing the acquisition was also scrubbed from OpenAI's website due to the lawsuit, but it's now back up. 'The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco,' the blog post states.
The Verge
22-06-2025
- Business
- The Verge
OpenAI and Jony Ive's ‘io' brand has vanished, but their AI hardware deal remains
OpenAI has scrubbed mentions of io, the hardware startup co-founded by famous Apple designer Jony Ive, from its website and social media channels. The sudden change closely follows their recent announcement of OpenAI's nearly $6.5 billion acquisition and plans to create dedicated AI hardware. OpenAI tells The Verge the deal is still happening, but it scrubbed mentions due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google's moonshot factory. The announcement blog post and a nine-minute video featuring Ive and OpenAI CEO Sam Altman are no longer available. The blog post from Ive and Altman announcing the deal said, 'The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco.' OpenAI spokesperson Kayla Wood: This page is temporarily down due to a court order following a trademark complaint from iyO about our use of the name 'io.' We don't agree with the complaint and are reviewing our options.
Bloomberg
28-05-2025
- Business
- Bloomberg
Consumer AI Gadgets Will Come With a Whimper, Not a Bang
Where are all the artificial intelligence consumer gadgets? Even a year ago, it seemed tech companies were working to incorporate the technology into every physical device, from coffee makers to vacuums, making 'AI-powered' hardware seem like it would soon be as ubiquitous as 'battery-powered' electronics. Typically, tech conferences offer a glimmer of these futuristic toys. Not all of them end up hitting the market, but it's where we can dream a little about new pocket devices or household robots taking on a greater role in our lives.
