Tech Giants Collaborate on Development of Next-Generation AI-Powered Personal Devices
According to insiders, the two are collaborating on the development of this new device. Specific details have not been disclosed yet, but according to reports, this device will have no resemblance to smartphones in terms of appearance.
This new project has been underway since the autumn of 2023, and now it is seeking funding to turn it into reality. Avi and Altmann's strong connections in the tech industry have attracted the attention of some big players in the tech investment community.
Avi and Altmann are seeking a billion-dollar investment for the personal device. According to these insiders, they aim to raise at least $1 billion for this unnamed new company. Investors currently in negotiations with the company include Thrive Capital, a former investor of OpenAI, SoftBank CEO and super investor Masayoshi Son, and venture capital firm Emerson Collective.
Both Altmann and Avi come from tech giants and have established personal relationships with these industry leaders. This may make the goal of raising $1 billion in initial investment more achievable.
Furthermore, their backgrounds directly reflect our understanding of this device. Avi comes from Apple and has extensive experience in personal devices. In fact, Apple itself is rumored to be more directly integrating artificial intelligence into the software of future smartphones.
For Altmann, artificial intelligence has been his livelihood for some time, not only through his role as the founder of ChatGPT at OpenAI but also through various other AI projects that he has invested in and supported as CEO. Currently, there is no indication that Apple or OpenAI will directly participate in the operations of this new personal device company.