OpenAI said Wednesday that it was buying a start-up owned by Jony Ive, Apple’s former chief design officer, for $6.4 billion. The all-stock deal to acquire artificial intelligence device-maker io includes OpenAI’s current stake in the company.

With Alphabet losing against the U.S. Department of Justice in multiple antitrust cases, the writing may be on the wall for Apple's lucrative deal with the search giant. Apple receives around $20 billion annually from Google to make Google the default search engine on its devices.

As OpenAI competes with tech giants such as Google, Meta and Apple, it's recruiting some of the most well-known figures in the tech industry.