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Follow on Google News | ![]() Capital Finance Cyprus claims OpenAI will acquire Jony Ive's AI businessAccording to Capital Finance Cyprus, OpenAI is nearing completion on a deal to buy the AI-focused business founded by famed designer Sir Jony Ive.
Sir Jony Ive, best known for his role as the creative force behind Apple's most iconic products, founded the AI startup in recent years with backing from key tech investors. While the company has remained largely under wraps, insiders say its mission centers on creating emotionally intuitive, design-first AI experiences that elevate how users interact with intelligent systems. OpenAI's decision to acquire the firm is viewed as a strategic expansion beyond software into hardware and interface design — an area increasingly seen as essential for the next wave of AI integration in daily life. "This deal represents a fusion of innovation at the highest level," said Eleni Papadakis, Senior Technology Analyst at Capital Finance Cyprus. "OpenAI has world-leading AI capabilities, and Sir Jony Ive brings a legacy of design excellence. Together, they could redefine the human-AI relationship." Although the exact financial details remain confidential, industry estimates place the value of the deal in the range of $500 million to $700 million. The partnership is expected to accelerate OpenAI's ambitions to build user-centric AI devices that combine functionality with elegance — an approach that could set a new benchmark for the tech industry. The acquisition signals a broader trend among leading AI firms to humanize and personalize user experiences. By embedding design thinking into AI development, OpenAI aims to push beyond the traditional limitations of digital interfaces. "This move aligns with a growing shift in tech leadership — where success depends not only on performance but on how technology feels in the hands of users," Papadakis added. Capital Finance Cyprus will continue to track the outcome of this acquisition and its implications for global technology markets and innovation ecosystems. Capital Finance Cyprus is a leading global investment advisory firm, specializing in innovative financial solutions and market diversification. With a focus on high-growth sectors, the firm offers clients strategic opportunities for long-term wealth creation. Dimitrios Okkas - Financial Assets Manager Website: https://capitalfinance- Email: info@capitalfinance- Address: The Oval, Krinou 3, Agios Athanasios 4103, Cyprus Source: Capital Finance S.A. End
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