Reports indicate that OpenAI is in discussions with SoftBank Group for a new round of funding worth $1 billion, which will be allocated to the development of a consumer-oriented AI smartphone. OpenAI CEO Sam Altman has engaged former Apple designer Jony Ive to oversee the design of this "iPhone of the AI world." Both parties aim to enable users to interact more intuitively with AI through this product. Estimates suggest that OpenAI's valuation has reached between $80 and $90 billion, nearly tripling since the beginning of this year. OpenAI is engaged in in-depth funding negotiations with SoftBank founder Masayoshi Son. This funding marks a further expansion by OpenAI into consumer-grade AI products.
OpenAI Secures $1 Billion Funding From SoftBank to Develop 'iPhone of AI'
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