OpenAI → io: $1.5B investment
OpenAI buys 23% of io for $1.5 billion. In late 2024 OpenAI bought a 23% stake in io, Jony Ive's hardware startup, for about $1.5 billion, ahead of the full acquisition.
This deal is 0% of everything OpenAI pays and 100% of everything io receives in this database.
- Date
- Dec 1, 2024
- Paid by
OpenAI- Received by
- io
- Type
- Investment
- Amount
- $1.5B
- Status
- closed
- Note
- 23% stake, late 2024 (approximate date)
Sources
All deals between OpenAI and io
- Dec 1, 2024 OpenAI → io · OpenAI buys 23% of io for $1.5 billion $1.5B
- May 21, 2025 OpenAI → io · OpenAI acquires Jony Ive's io for $6.5 billion $6.5B
More OpenAI / io deals
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- Jul 22, 2026 Project Camellia: $20 billion campus in Georgia n/a
- Jun 5, 2026 OpenAI proposes 5% stake to US government n/a
- May 11, 2026 TPG leads $4 billion into OpenAI's DeployCo $4B
- Apr 27, 2026 Microsoft-OpenAI: amended deal ends exclusivity n/a
- Mar 24, 2026 Microsoft joins $122 billion round n/a
- Mar 19, 2026 Samsung sole HBM4 supplier for OpenAI chip n/a
- Mar 10, 2026 Stargate Abilene expansion scrapped n/a
- Feb 28, 2026 Pentagon: OpenAI models on classified network n/a
- Feb 27, 2026 Amazon invests $50 billion in OpenAI $50B
- Feb 27, 2026 OpenAI expands AWS by $100 billion (2 GW Trainium) $100B