OpenAI, the maker of generative AI platform ChatGPT, is in advanced talks with former Apple design chief Jony Ive and SoftBank Group chief executive Masayoshi Son to create the “iPhone of artificial intelligence”.
Development of the product will be bankrolled by $1 billion from the Japanese investment holding company, the Financial Times reported on Thursday, citing sources.
Terms of the potential investment, as well as the timeline for the development of the product, remain unclear.
Sam Altman, the chief executive of OpenAI, tapped design studio LoveFrom, which Mr Ive started after stepping down from his high-profile role as Apple's chief design officer in 2019.
The Information this week had also reported some aspects of the product discussions.
Mr Altman and Mr Ive have held talks at the San Francisco-based studio on how the product would look and how OpenAI's technology would fit in it, the sources said.
They are looking at creating a product that is “more natural and intuitive” for users, allowing a seamless experience when interacting with AI, they said.
The iPhone was groundbreaking and pioneered a new market for mobile devices, having removed the physical keyboard in favour of an all-touch interface.
The type of device to be created and its design remain at an early stage, with many different ideas and options being considered, the sources said.
Smartphones have revolutionised mobile communications and advancements have made them even more powerful and useful. However, the industry has been stagnating, with shipments set to drop to their lowest levels in a decade, Counterpoint Research said last month.
Having a new and unique product could help revive the market, and could challenge the dominance of Apple and Samsung Electronics, the world's biggest mobile phone manufacturer, as well as other mainstays.
The grand designs of Jonny Ive
Mr Ive being on board OpenAI's project would be a huge boost for its consumer device plans.
Mr Ive was a close creative collaborator with Apple co-founder Steve Jobs.
He spent more than two decades at the tech company and led the design of the coloured iMacs that helped Apple re-emerge from near death in the 1990s as well as the design of the iPhone.
Mr Ive also had a hand in designing parts of the iOS user interface, as well as buildings including the company's Apple Park headquarters in California and Apple Stores.
He left Apple in 2019 and co-founded design firm LoveFrom with fellow designer Marc Newson. LoveFrom, which describes itself as a “creative collective”, has clients such as Airbnb and Ferrari.
Tokyo-based SoftBank, meanwhile, is a major player in technology investment.
The company and its tech-focused Vision Fund have made nearly 160 investments, data from CB Insights shows.
Among the companies in SoftBank's investment portfolio are China's Alibaba Group, chipmakers Nvidia and Arm, Uber Technologies, TikTok parent ByteDance and Indian e-commerce platform Flipkart.
SoftBank has been looking for deals in AI, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the FT reported earlier this month, adding that Mr Son was looking to invest tens of billions of dollars in the technology.
The success of OpenAI, the parent company of the wildly popular chatbot ChatGPT, has prompted companies such as Microsoft and Alphabet to pour billions of dollars into investing in the technology.
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
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Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
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Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
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UAE currency: the story behind the money in your pockets
FIXTURES
Saturday
5.30pm: Shabab Al Ahli v Al Wahda
5.30pm: Khorfakkan v Baniyas
8.15pm: Hatta v Ajman
8.15pm: Sharjah v Al Ain
Sunday
5.30pm: Kalba v Al Jazira
5.30pm: Fujairah v Al Dhafra
8.15pm: Al Nasr v Al Wasl
Gully Boy
Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi
Rating: 4/5 stars
UAE currency: the story behind the money in your pockets
TICKETS
Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
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