OpenAI's $6.4 Billion Gamble on Jony Ive's Hardware Venture Reveals Desperation
OpenAI has recently acquired io, Jony Ive's nascent hardware venture, for $6.4 billion. As someone who has long admired the partnership between Jobs and Ive, the move is understandable, yet it exposes OpenAI's existential crisis. The company is playing a game it has already lost, as Google and Apple are poised to dominate the consumer AI market with their expertise in hardware, distribution chann…