The news: Sam Altman is starting an AI device company with Jony Ive, the former chief design officer at Apple.
- Ive and Altman, the CEO of OpenAI, want the device to have a computing experience that’s “less socially disruptive” than the iPhone.
- The team hasn’t released any details on the product’s features, design, or launch date, but the company could raise up to $1 billion in funding by the end of the year, per The New York Times.