OpenAI's long-rumored first piece of hardware is coming into focus, and reports suggest it will be a smart speaker with an unusual shape and an unusually high price.

Engadget reports that the device is ring-shaped and will cost between $300 and $400. TechCrunch, in its own report, likewise describes the product as a "pricey smart speaker" selling in the $300-$400 range, saying newly surfaced details make OpenAI's mysterious device sound more concrete. SiliconANGLE characterizes the design as shaped like a donut and puts the price at around $300. PYMNTS frames the effort as OpenAI aiming to redefine smart speakers with its first AI device.

The price is the detail that stands out. Engadget calls it an ambitiously high price for the company's AI-powered hardware pivot — a pointed comparison in a category where Amazon's Echo and Google's smart speakers have long been sold cheaply, sometimes at or below cost, to get a voice assistant into as many homes as possible. OpenAI would be asking people to pay a premium up front for something rivals have effectively been giving away.

It is worth noting what remains unconfirmed. These are reports, not OpenAI announcements, and details like a release date, feature set, and final design have not been established by the sources here. The shape descriptions — ring versus donut — and the exact price also vary slightly between outlets.

Why it matters: if OpenAI can convince people to pay hundreds of dollars for a voice device, it would signal that conversational AI has become valuable enough to break the cheap-speaker economics that have defined the category for a decade.