OpenAI is developing a smart speaker, its first hardware product, which will be a compact, donut-shaped device. The device is expected to be priced above $300 and will be released in 2027. Details about the speaker's features and capabilities are not yet available. The release of this device marks a significant expansion of OpenAI's product offerings beyond software. This development matters as it signals OpenAI's entry into the hardware market, potentially increasing competition in the smart speaker industry.