OpenAI Scrubs Jony Ive Deal From Website After Trademark Lawsuit Threatens $6.5 Billion IO Products Acquisition

Over the weekend, ChatGPT-parent OpenAI pulled all public materials related to its $6.5 billion acquisition of Jony Ive's AI hardware startup, IO Products. The takedown followed a trademark lawsuit filed by IYO Inc., a separate AI device company, which claims the “IO” branding infringes on its intellectual property, reported Bloomberg.