OpenAI said it was buying IO, a start-up founded by Mr. Ive, the designer of the iPhone, to usher in a new era of artificial intelligence hardware.

OpenAI is buying the AI device startup co-founded by former Apple veteran Jony Ive, joining forces with the legendary designer to make a push into hardware. The $6.5 billion-dollar deal is the largest in OpenAI's history.

Beyond that, we don’t know much about what Jony Ive and OpenAI are building through their newly combined company io, except that it’s some kind of AI super-gadget. But after a couple of years of watching the industry try and shove AI into every form factor you can imagine,