00:00It's Benzinga, bringing Wall Street to Main Street.
00:03OpenAI said it is on track to announce its first hardware device in the second half of this year
00:07after acquiring former Apple design head Joni Ives' startup I.O., according to TechCrunch.
00:13Last November, Sam Altman described the product as more peaceful and calm than smartphones,
00:18with earlier reports pointing to a screen-free, pocketable design.
00:23More recent reporting from Asian publications and leakers suggests the device could be earbuds codenamed Sweet Pea.
00:28The report said the earbuds could use a custom 2-nanometer processor and handle AI tasks locally.
00:36With nearly a billion weekly users of ChatGPT, OpenAI currently relies on other platforms for distribution
00:42and could seek more control with its own device.
00:46Meta is seeing rising demand for its Ray-Ban smart glasses,
00:49and Amazon is acquiring Bee, an AI meeting recorder positioned as a potential companion device.
00:55For all things money, visit Benzinga.com.
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