OpenAI Teams Up With iPhone Designer Jony Ive As ChatGPT Maker Makes Push Into Hardware, Apple Shares Slide

Apple Inc (NASDAQ:AAPL) shares are moving lower Wednesday afternoon following multiple reports that OpenAI is set to acquire Apple Veteran Jony Ive’s AI device startup. What Happened: Ive will team up with OpenAI as part of a $6.5 billion all-stock deal in which the ChatGPT maker will acquire…