OpenAI, Jony Ive in talks to raise $1b from SoftBank to build "iPhone of AI"

OpenAI, Jony Ive in talks to raise $1b from SoftBank to build "iPhone of AI"

FILE PHOTO: The logo of OpenAI is displayed near a response by its AI chatbot ChatGPT on its website, in this illustration picture taken February 9, 2023. REUTERS/Florence Lo/Illustration/File Photo

ChatGPT maker OpenAI is in advanced talks with former Apple designer Jony Ive and SoftBank’s Masayoshi Son to build the “iPhone of artificial intelligence”, fuelled by over $1 billion in funding from the Japanese conglomerate, the Financial Times reported on Thursday.

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