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Sam Altman Cofounds Merge Labs to Compete With Musk’s Neuralink

Merge Labs is negotiating a $250 million raise at an $850 million valuation from OpenAI Ventures in preliminary talks

OpenAI, Merge Labs, brain computer interface, investments
Merge Labs aims to revolutionise brain-computer tech with support from OpenAI’s Sam Altman.
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Overview

  • Unnamed sources tell the Financial Times that Altman and Alex Blania are cofounding Merge Labs to develop implantable brain-computer interfaces
  • Early-stage negotiations position OpenAI Ventures as a likely major backer, though no investment commitments have been formalized
  • Altman will not personally invest in the startup and OpenAI has declined to comment on the reported deal
  • Merge Labs aims to advance AI-driven implants that link human cognition with machines for medical and cognitive applications
  • The new venture intensifies competition with Elon Musk’s Neuralink, which is already testing implants in paralysis patients and targets 20,000 procedures per year by 2031