OpenAI’s M&A Strategy Comes Into Focus

[nihalsari]

The Convogo acqui-hire marks OpenAI’s ninth acquisition in the past year, highlighting how aggressively the company is using mergers and acquisitions to accelerate talent and capability building. In most cases, acquired products are either absorbed into OpenAI’s ecosystem or sunset as teams transition internally.

This approach mirrors a broader trend among AI leaders, though OpenAI has made at least one notable exception: its partnership with Jony Ive’s io Products, which is continuing to develop standalone AI hardware. Together, these deals show OpenAI balancing rapid internal expansion with selective long-term product bets.

[etfs]

keeping the jony ive thing separate makes it feel like their one real long bet