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OpenAI CEO Sam Altman and former Apple design chief Jony Ive have officially teamed up to design an AI-powered personal device and are looking for funding. the information.

Little is known about the AI ​​device at the moment, but it won’t look like a smartphone. Altman is a big investor in the Humane AI pin, a wearable AI device that doesn’t have a screen, so it’s possible he could build a similar product with Ive.

News of a potential partnership between Ive and Altman first surfaced last fall, but talks were in the early stages and nothing was official then. Ive and Altman’s unnamed startup is now seeking funding from major venture capitalists, with Ive aiming to raise up to $1 billion in funding.

OpenAI may own a piece of the business, and the pair is also in talks with SoftBank CEO Masayoshi Son. Potential investors include Thrive Capital, an OpenAI investor, and Emerson Collective, a venture capital firm and philanthropy founded by Lauren Powell Jobs.

Ive left his role as Apple’s design chief in 2019, and while he worked as a consultant with the Cupertino company for several years through his firm LoveFrom, Ive and Apple will part ways completely in 2022. Stopped working together.

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