Sam Altman and Jony Ive looking for funding for their AI device – Android Headlines

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Last fall, we covered the news that OpenAI CEO Sam Altman and former Apple design Chief Jony Ive were working on an AI-powered device. Back then, we didn’t know what sort of device these two were looking to create. Well, we still don’t know. However, Sam Altman and Jony Ive are looking for funding for their AI device.

Right now, we’re starting to see more AI devices come to the market. These are devices that are portable and internet-connected just like smartphones, but they lack a traditional smartphone interface. For example, the AI Pin from Humane has been making the rounds lately.

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Also, we got our first look at the Rabbit R1 in action. These are devices that aim to put the smartphone out of commission at some point. However, that point may be years away.

Sam Altman and Jony Ive are looking for funding for their AI device

At this point, we don’t know what this device will look like. Ive is, ostensibly, leading the design department, but we don’t expect it to look like an iPhone. In fact, we don’t expect it to look like a phone at all. Also, we don’t know what sort of AI capabilities this device will have.

What we know is that the two geniuses are now looking for funding for this device. According to sources, Altman and Ive are seeking funding from investors to bring this device to fruition. The two are seeking at least $1 billion in funding.

That’s a pretty tall order, but both individuals have proven themselves in the tech and AI fields. Also, AI technology is all the rage. So, it seems likely that they will be able to secure funding. Right now, we don’t know what firms they are contacting or if they’ve been able to secure any funding just yet, but we know that the duo contacted SoftBank CEO Masayoshi Son.

More information about this device will come out as time goes on. We don’t know anything about the device or the business that’s going to build it. However, OpenAI may own part of the business.

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