It was reported that OpenAI is negotiating to raise more than US$1 billion from SoftBank Group to develop a phone for consumer use.
It is reported that OpenAI CEO Sam Altman has hired former Apple design director Jony Ive to design the “iPhone of AI” and is in in-depth negotiations with SoftBank founder Masayoshi Son on new funding. According to reports, Altman and Ive intend to develop a device that will help users interact with AI more intuitively.
This week, reports surfaced that ChatGPT developer OpenAI was in talks with investors about a potential stock sale that would value the startup at $80 billion-$90 billion. The report, citing unnamed people familiar with the matter, said the valuation was nearly three times the company’s valuation earlier this year.
