Designer Jony Ive, who gave many of Apple’s most iconic products their distinct look, is working with OpenAI CEO Sam Altman to design and build an AI product. And the company’s funding raise could reach $1 billion before the end of the year.

While the technology is being handled by the new team, Ive's LoveFrom will handle the device's design language. The team is also said to have set up a massive 32,000-square-foot office space in San Francisco worth $90 million (roughly Rs. 751.5 crore).