

Technology
OpenAI quietly removes all mention of Jonny Ive’s ‘IO’, but deal stays on: What you need to know – Crypto News
ChatGPT maker OpenAI has removed all the much touted promotional material and the blogpost around the $6.5 billion acquisition of former Apple designer Jonny Ive’s AI startup. While one would assume that’s owing to some resistance in the deal, that’s not the case here with reports suggesting that a trademark dispute could have led to the removal of all the promotional material.
As per Bloomberg’s Mark Gurman, OpenAI was sued over the name IO and a federal judge later ordered the company to remove all materials that included the name. Since then, OpenAI has also updated the old blogpost to reveal that the page is down due to a copyright complaint by iyO.
“This page is temporarily down due to a court order following a trademark complaint from iyO about our use of the name ‘io.’ We don’t agree with the complaint and are reviewing our options.” OpenAI said in the blogpost.
Notably, OpenAI had announced the acquisition of Ive’s AI startup in May along with the news that Ive and his team would be working with the ChatGPT maker to work on a new secretive hardware products. The deal involved OpenAI acquiring Ive’s startup called IO products and merging his team with that of its own research and engineering departments.
“The deal is expected to be completed this summer, pending regulatory approvals. The takeover of io will provide OpenAI with about 55 hardware engineers, software developers and manufacturing experts — a team that will build what Ive and Altman expect to be a family of devices. The two executives had already been exploring some early ideas for about two years” OpenAI had said in its announcement blogpost.
What is iyO?
As per a TechCrunch report, iyO is a a generative AI company which is spun out of the Alphabet X “moonshot factory” in 2021. The company is founded by Jason Rugolo and aims to deliver screen-free, voice first computing experience. It’s first product is the iyO One earbuds that allow users to interact naturally with AI agnets for tasks like controlling music, looking up information and more.
“This is an utterly baseless complaint and we’ll fight it vigorously,” a spokesperson for Ive was quoted as saying by Bloomberg.
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
others1 week ago
Will Ethereum Price Rally to $3,200 as Wall Street Pivots from BTC to ETH – Crypto News
-
others5 days ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
others5 days ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
Cryptocurrency1 week ago
TON Foundation Confirms UAE Golden Visa Offer Is Not Official – Crypto News
-
Cryptocurrency1 week ago
Binance stacks Ethereum at yearly high, U.S. funds buy more: So why isn’t ETH moving? – Crypto News
-
others1 week ago
Company Owned by Billionaire Gold Miner May Be Seized by Russian Government for Allegedly Breaching Regulations: Report – Crypto News
-
Blockchain6 days ago
Insomnia Labs Debuts Stablecoin Credit Platform for Creators – Crypto News
-
Cryptocurrency1 week ago
Ripple CTO Reveals How Many Bitcoins He Has Mined – Crypto News
-
De-fi1 week ago
World Liberty Finance Opens Vote to List $WLFI Token – Crypto News
-
others1 week ago
US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000 – Crypto News
-
Technology1 week ago
We’re Losing the Plot on AI in Universities – Crypto News
-
others1 week ago
Appropriate to have cautious gradual stance on easing – Crypto News
-
others6 days ago
EUR/GBP posts modest gain above 0.8600 ahead of German inflation data – Crypto News
-
Blockchain6 days ago
Ant Group Eyes USDC Integration Circle’s: Report – Crypto News
-
Cryptocurrency5 days ago
Bitcoin Breaks New Record at $111K, What’s Fueling the $120K Price Target? – Crypto News
-
Technology5 days ago
XRP Eyes $3 Breakout Amid Rising BlackRock ETF Speculation – Crypto News
-
others1 week ago
Eyes breakout as triangle narrows, but lacks momentum – Crypto News
-
others1 week ago
Bitcoin Treasury Activity Explodes with 8,400 BTC Added in One Week – Crypto News
-
Metaverse1 week ago
Are firms wasting their money on AI agents? – Crypto News
-
Metaverse1 week ago
Are firms wasting their money on AI agents? – Crypto News
-
Cryptocurrency1 week ago
Institutions Pile Up BTC But Price Doesn’t go up, Why? – Crypto News
-
others1 week ago
Bank Insider Admits to Nearly Decade-Long Scheme of Falsifying Loan Applications To Steal Funds: DOJ – Crypto News
-
Cryptocurrency1 week ago
This Week in Crypto Games: Planetside Dev’s ‘Reaper Actual’, What’s Next for ‘MapleStory Universe’ – Crypto News
-
Business1 week ago
Toncoin Price Drops 10% As UAE Authorities Call TON Golden Visa Offer Unofficial – Crypto News
-
Blockchain1 week ago
XRP Set To Shock The Crypto Market With 30% Share: Analyst – Crypto News
-
Cryptocurrency1 week ago
Coinbase hacker returns with $12.5 mln ETH buy: Will security concerns affect Ethereum? – Crypto News
-
others1 week ago
Is a Pi Network Crash Ahead As 272M Coins Unlock in July – Crypto News
-
Business1 week ago
Solana ETF Launch Delayed Amid Wait for SEC’s Crypto ETF Framework – Crypto News
-
Cryptocurrency1 week ago
On thinking ahead when markets get murky – Crypto News
-
Cryptocurrency7 days ago
Is ETH Finally Ready to Shoot For $3K? (Ethereum Price Analysis) – Crypto News
-
Cryptocurrency7 days ago
Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why – Crypto News
-
Blockchain7 days ago
XRP Rally Possible If Senate Web3 Crypto Summit Goes Well – Crypto News
-
others6 days ago
USD/CAD trades with positive bias below 1.3700; looks to FOMC minutes for fresh impetus – Crypto News
-
Blockchain6 days ago
Ethereum Bulls Roar — $3K Beckons After 5% Spike – Crypto News
-
Blockchain6 days ago
Kraken and Backed Expand Tokenized Equities to BNB Chain – Crypto News
-
others6 days ago
NovaEx Launches with a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure – Crypto News
-
Cryptocurrency6 days ago
XRP price forecast as coins surges 2.19% to $2.33 – Crypto News
-
others5 days ago
Anthony Scaramucci Says $180,000 Bitcoin Price Explosion Possible As BTC ‘Supremacy’ Creeps Up – Here’s His Timeline – Crypto News
-
Blockchain5 days ago
SUI Chart Pattern Confirmation Sets $3.89 Price Target – Crypto News
-
others5 days ago
EUR/GBP climbs as weak UK data fuels BoE rate cut speculation – Crypto News
-
Business4 days ago
PENGU Rallies Over 20% Amid Coinbase’s Pudgy Penguins PFP Frenzy – Crypto News
-
Technology1 week ago
Why Are Dormant Bitcoin Whale Wallets Suddenly Waking Up? – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
others1 week ago
NZD/USD risks further downside as Kiwi tests critical support at 0.6050 – Crypto News
-
Blockchain1 week ago
Cardano (ADA) Turns Upward — Signs of a Recovery Emerge – Crypto News