OpenAI acquires Jony Ive’s startup io in $6.5 billion push into AI hardware
OpenAI is making its most ambitious move into consumer technology yet, acquiring io, a hardware startup founded by legendary former Apple design chief Jony Ive,...
AI hardware start-ups get fresh boost in Shenzhen with launch of US$1 billion funds
China’s southern technology hub of Shenzhen is ramping up support for hardware powered by artificial intelligence (AI), unveiling two new investment funds totalling 7 billion...
OpenAI acquires Jony Ive’s startup ‘io’ for $6.4 billion in major hardware push – Technology News
In a bold step toward its hardware ambitions, OpenAI has acquired design startup io for $6.4 billion — its largest acquisition to date. The startup,...
OpenAI Buys io, Jony Ive’s AI Hardware Company for $6.5 Billion
OpenAI is acquiring former Apple design chief Jony Ive's AI hardware startup io in a blockbuster $6.5 billion all-stock acquisition that could redefine how we...
Tariffs could increase tech prices by up to 70% and reduce GDP by $69 billion according to CTA report
The export tariffs enacted in April are expected to raise retail prices by 11% to 70% across different categories, cut consumer spending by $123 billion...
Market for AI products and services could reach up to $990 billion by 2027, finds Bain & Company’s 5th annual Global Technology Report
Larger data centers could drive costs to between $10 billion and $25 billion in five years Demand for upstream components could...
Hardware Security Modules Market Size Worth $3.85 Billion,
US & Canada, Oct. 17, 2024 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, “Hardware Security Modules Market Size and...
$74 Billion Loss Awaits American Firms As Beijing Opts For Homegrown Software, Chips
China has taken the first official steps to completely break away from US computer software and hardware in its computers by pushing local alternatives. According...
EMS: Dixon’s largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: Saurabh Gupta
Saurabh Gupta, Group CFO, Dixon Technologies, says “there’s a $10 billion opportunity in IT hardware for India. $10 billion worth of IT hardware products are...
Hardware Acceleration Market is Growing at 51% CAGR to Hit US$ 177 Billion by 2033
FACT.MRUK and Germany Drive Demand for Hardware Acceleration Solutions in Europe, Fueled by Adoption of MacRockville, July 31, 2023 (GLOBE NEWSWIRE) -- As per a...