OpenAI has announced its largest acquisition to date, agreeing to acquire io, an AI device startup founded by former Apple executive Jony Ive, in an all-equity deal worth approximately $6.5 billion. The acquisition includes OpenAI’s existing stake in io. As part of the merger, Jony Ive will assume significant creative and design responsibilities across both OpenAI and io. Despite the merger, Ive’s design firm, LoveFrom, will continue to operate independently.
Time Stamps:
- 0:00 - Cold Open
- 0:40 - Welcome the Tech Field Day News Rundown
- 1:39 - AT&T Acquires Century Link
- 4:43 - VAST Data Reveals their AI Operating System
- 8:51 - Salesforce to Acquire informatica for $8 Billion
- 12:01 - Red Hat’s Linux Push for Smart Vehicles
- 14:49 - Google's New Approach to AI Infrastructure
- 19:01 - Datadog Broadens Its Observability Platform Vision
- 22:16 - OpenAI Acquires io for $6.4 Billion
- 27:16 - The Weeks Ahead
- 28:25 - Thanks for Watching the Tech Field Day News Rundown
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