Sam Altman already has a hardware company "World" - https://world.org/cofounder-letter which works on Orb (a hardware). Not sure if there is any connection between these.
OpenAI to buy AI startup from Jony Ive
441–450 of 1001 posts
Re: OpenAI to buy AI startup from Jony Ive
#442Earlier quoted context omitted.
I consider myself extremely plugged in to what's going on with AI and I still couldn't tell you what Ive's company does without looking it up
Maybe the company is inconsequential and this is just about hiring Ive?
Ive will not be joining OpenAI, and they’re also not buying Ive’s design firm LoveFrom.
Re: OpenAI to buy AI startup from Jony Ive
#443What are the chances of seeing an "OpenAI Phone"?
Re: OpenAI to buy AI startup from Jony Ive
#444No question that Ive is a legend, but I do think the fall of Humane (also ex-Apple) and the challenges at Meta, Apple, and Google in terms of VR/AR adoption (Meta Ray Ban, Apple Vision, Google Glasses and the new thing) are instructive here. The $6.5B almost feels like the largest ever aquihire.
But Meta is thriving with Meta Ray Bans, they have sold over 2M as of few months back. (Yes I know that number seems small compared to other devices, but for a new form factor, that seems like a great early success)
It take a special kind of person to think, yeah, I'll wear a live camera and microphone connected to Facebook...
Re: OpenAI to buy AI startup from Jony Ive
#445Earlier quoted context omitted.
This still means 1.5B were paid in cash for a company from what I understood has neither clients nor even a product. Not exactly pocket money.
It kind of is, when they were given $500B and told to make a return in 10-ish years. They have to put the capital in play where it has the largest ROI potential. They are gambling that Jony has another iPhone in him. I don't know enough about any of this to weigh in on it, but when you take investor money, you aren't supposed to sit on it or do slow burn (at least not VC money), its meant to be gasoline, and you moon…
The iPhone's value comes from its software ecosystem and camera/SoC hardware, which Ive had zero involvement with.
Re: OpenAI to buy AI startup from Jony Ive
#446It’s mind boggling how much money is floating around once you are part of the insider circle. What has that company been doing to be worth 6.5 billion?
I consider myself extremely plugged in to what's going on with AI and I still couldn't tell you what Ive's company does without looking it up
Do they even have a website?
Re: OpenAI to buy AI startup from Jony Ive
#447Earlier quoted context omitted.
Maybe the company is inconsequential and this is just about hiring Ive?
Oh I'm sure that's the reason, but it still makes zero sense. Ive is incredibly overrated as a designer and visionary.
Overrated is great for raising the next investment round. It is much easier than convincing investors they are underrating someone you think would make a better choice to go with someone overrated instead. If he is overrated enough the increase from overratedness in the next investment round will pay for more than the acquisition cost.
Re: OpenAI to buy AI startup from Jony Ive
#448This is the worst thread I have ever seen on Hacker News. Fatuous, self-important, superficial, judgmental. Do better people.
It’s looks like to me a bunch of people who don’t use ChatGPT daily for everything under the sun. As once you let your imagination run wild with it ..you can see why 500 million use GPT daily to do so many varied things that u can’t go a day without using it and your usage of google is on the decline! Why you want to pick up your phone and have GpT right on ur Lock Screen do to everything under the sun including having it interface with AI agents to book travel, book a local tow truck, reserve whatever, ask questions about friends & family via their own agents, etc
Re: OpenAI to buy AI startup from Jony Ive
#449OpenAI board: "Should we dilute the company 2% to acquire Jony Ive for the next 10 years? Yes." Hacker News: "Man these OpenAI folks are idiots." OpenAI absolutely should be getting in the hardware game; Ive is a mix of status acquisition and unicorn, and is not the only person/team/company you'd need to make a quality hardware product. But on balance I'd pay 2% of every company I ever had any financial engagement wi…
Ive left Apple 6 years ago. What exactly has his company done since?
And before that he was responsible for some of the worst hardware decisions in Apple history.
Re: OpenAI to buy AI startup from Jony Ive
#450A collaboration built upon friendship, curiosity and shared values quickly grew in ambition. Tentative ideas and explorations evolved into tangible designs. The ideas seemed important and useful. They were optimistic and hopeful. They were inspiring. They made everyone smile. They reminded us of a time when we celebrated human achievement, grateful for new tools that helped us learn, explore and create.
this doesn't sound like it was written by an actual human being. or even a cat