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OpenAI buys Jony Ive's io for $6.5b, LMArena lands $100m seed from a16z

OpenAI acquires Jony Ive's hardware startup io for $6.5 billion, while LMArena raises a $100 million seed round led by a16z.

May 21 · · primary fetch1 sourceupdated May 21 ·

OpenAI confirmed a partnership with Jony Ive to develop consumer hardware. LMArena secured a $100 million seed round from a16z. Mistral launched a new code model fine-tune. Google DeepMind announced multiple updates at Google I/O 2024, including over a dozen new models and 20 AI products. Key highlights include the release of Gemini 2.5 Pro and Gemini Diffusion, featuring advanced multimodal reasoning, coding, and math capabilities, and integration of Gemini in Google Chrome as an AI browsing assistant.

Deep Think enhanced reasoning mode and Project Astra improvements were also introduced, focusing on voice output, memory, and computer control for a universal AI assistant.

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  1. news.smol.aiOpenAI buys Jony Ive's io for $6.5b, LMArena lands $100m seed from a16zprimary