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Sam Altman and Jony Ive Raising Funding for Secret AI Device Company

April 10, 2024
maginative.com
Contributed by: Drex DeFord
Summary
Sam Altman, CEO of OpenAI, and Jony Ive, former Apple design chief, are in the early stages of funding for a new AI device startup aiming to revolutionize the personal AI product market. This venture seeks to secure up to $1 billion in funding, engaging in discussions with major venture capitalists, including Thrive Capital and Emerson Collective. The startup, which has yet to be named, aims to develop a device that goes beyond the conventional smartphone experience, incorporating advanced AI capabilities. While details on the device are scant, it is hinted that the product will not mimic traditional smartphones, potentially aligning with trends in AI-driven hardware such as wearables and voice-enabled assistants. Both Ive and Altman bring significant experiences from their respective fields, promising a product that could redefine daily interactions with artificial intelligence.
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