AI Fund Flows

OpenAI ↔ io: every deal

All 2 deals between OpenAI and io: $8B in total since Dec 1, 2024, with dates, status and sources. Updated Nov 9, 2026.

OpenAI → io
$8B
May 21, 2025Acquisitionclosed$6.5B
OpenAI → io · in stock, closed 09/07/2025

Full acquisition of io (AI devices) for about $6.5 billion, the largest in OpenAI's history; Jony Ive leads design. Closed on 09/07/2025.

Dec 1, 2024Investmentclosed$1.5B
OpenAI → io · 23% stake, late 2024 (approximate date)

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.