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OpenAI, the maker of ChatGPT and former Apple designer Jony Ive are in advanced talks with SoftBank’s Masayoshi Son to raise more than $1 billion in funding to build the \u201ciPhone of artificial intelligence”, said a report by the Financial Times<\/i> on Thursday.\u00a0<\/p>\n<\/p><\/div>\n OpenAI has tapped Ive\u2019s company LoveFrom to develop the ChatGPT creator\u2019s first consumer device, the report said.<\/p>\n According to the report, talks are said to be \u201cserious” but no deal has been agreed on, and it could be several months before a venture is formally announced.<\/p>\n OpenAI’s chief Sam Altman, Ive and Son have discussed creating a company that would draw on talent and technology from their three groups, added the report.\u00a0<\/p>\n Tech website The Information first reported on Tuesday that Ive and Altman have been discussing building a new AI hardware device and that Softbank’s Son has also been involved in some aspects of the conversation.<\/p>\n Tech website The Information<\/i> first reported on Tuesday that Ive and Altman have been discussing building a new AI hardware device and that Softbank’s Son has also been involved in some aspects of the conversation.<\/p>\n Ive has spent more than two decades at Apple. He was a close creative collaborator with the tech giant\u2019s co-founder Steve Jobs.\u00a0<\/p>\n Ive had led the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s as well as the design of the iPhone.<\/p>\n Earlier this month, the FT<\/i> had reported that SoftBank has been looking for deals in AI, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit.\u00a0<\/p>\n It also said that Son was looking to invest tens of billions of dollars in the technology.<\/p>\n After the phenomenal success of ChatGPT, OpenAI has prompted companies such as Microsoft and Alphabet to pour billions of dollars into investing in the technology.<\/p>\n \t<\/p>\n “Exciting news! Mint is now on WhatsApp Channels \ud83d\ude80<\/span> Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here!<\/strong><\/a> <\/p>\n More<\/a> \n\t\tUpdated: 29 Sep 2023, 01:32 AM IST\n\t<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":" OpenAI, the maker of ChatGPT and former Apple designer Jony Ive are in advanced talks with SoftBank’s Masayoshi Son to raise more than $1 billion in funding to build the \u201ciPhone of artificial intelligence”, said a report by the Financial Times on Thursday.\u00a0 OpenAI has tapped Ive\u2019s company LoveFrom to develop the ChatGPT creator\u2019s first […]<\/p>\n","protected":false},"author":2,"featured_media":164753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[529,12838,188,183,5834,185,186,12837,2163,187,184,5792,2161,189,150,182,190],"class_list":["post-164752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-artificial-intelligence-iphone","tag-blockchain-tech","tag-blockchain-technology","tag-chatgpt","tag-crypto-technology","tag-cryptocurrency-technology","tag-jony-ive","tag-masayoshi-son","tag-metaverse-technology","tag-nft-technology","tag-openai","tag-softbank","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=164752"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164752\/revisions"}],"predecessor-version":[{"id":164754,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164752\/revisions\/164754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/164753"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=164752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=164752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=164752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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