OpenAI is reportedly considering acquiring io Products, an AI hardware startup co-founded by Jony Ive and Sam Altman, for approximately $500 million. The startup, which has received funding from notable investors, aims to create AI-enabled devices that are less disruptive than existing technologies like the iPhone. Although an acquisition is on the table, OpenAI may also explore a partnership with io Products, which boasts a small team of former Apple designers. The startup's innovative focus includes smart home gadgets and other AI-integrated solutions.