OpenAI buys io for $6.5B in stock. Klarna & Sutter Hill quietly profit. Discover the investors behind this surprise AI acquisition.
Matilda
OpenAI Acquires Jony Ive’s io in $6.5B Stock Deal OpenAI’s Acquisition of Jony Ive’s io: What It Means and Who Cashed In Looking for details on OpenAI’s $6.5 billion acquisition of Jony Ive’s company io ? Wondering who the major investors were or how Klarna’s CEO profited? This major tech acquisition has sparked curiosity across the AI and startup communities. As OpenAI continues to expand its reach beyond models like ChatGPT, acquiring io signals a bold bet on AI hardware design—and it's already paying off handsomely for early backers. Image Credits:OpenAI The surprise announcement came when OpenAI confirmed the all-stock acquisition of io, the AI hardware and product design startup led by famed Apple designer Jony Ive. The deal, reportedly valued at $6.5 billion, cements OpenAI’s aggressive push into product innovation and next-generation user experiences. But it’s not just about strategy—several investors quietly walked away with a major windfall. One of the most buzzed-about reactions came from Sebastian Si…
