OpenAI is building an agent-first phone with Qualcomm, MediaTek, and Luxshare, per analyst Ming-Chi Kuo. No apps, just agents. Mass production targeted 2028. Qualcomm surged 13% on the report.

Turns out OpenAI is secretly developing a direct iPhone competitor, despite previously saying it had no such plans.

OpenAI is reportedly exploring a smartphone that could upend how users interact with devices, replacing traditional mobile ...