Jony Ive Sells io Products to OpenAI for $6.5 Billion in Stock Deal

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 07 2026

Should l Buy AI?

Transaction Scale: Jony Ive sold his startup io Products to OpenAI in a $6.5 billion all-stock deal, marking a strategic focus on innovative hardware integration by OpenAI, which could impact Apple's market standing.
Market Reaction: Following the announcement, Apple's share price dropped over 2%, reflecting market sensitivity to the anticipated developments in new AI hardware and the mixed reactions within the tech industry.
Technological Transition: This acquisition signifies Ive's shift from Apple to new technology ventures, potentially driving revolutionary advancements in AI hardware solutions that could disrupt existing platforms.
Industry Outlook: Observers suggest OpenAI's strategy may ensure independence from Apple and Google platforms, presenting new opportunities while also considering the historical challenges faced in high-tech collaborations.

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Technical Analysis for AI

Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Sleepless AI (AI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00935	0.0149	0.02	0.0256	0.0307	0.0363	0.0414
Fibonacci	0.0149	0.019	0.0215	0.0256	0.0297	0.0322	0.0363

About AI

Where AI meets affections Sleepless AI emerges as a groundbreaking Web3+AI gaming platform, ingeniously blending artificial intelligence and blockchain technology. At its core, Sleepless AI aims to revolutionize the gaming industry with its unique approach and the extensive expertise of its team. Our mission is to offer unparalleled emotional support and immersive gaming experiences through AI companion games. The project seeks to redefine the gaming landscape by seamlessly integrating advanced AI and blockchain technologies.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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