OpenAI co-founder Sam Altman is backing a new company called Merge Labs, which plans to compete with Elon Musk’s Neuralink by connecting human brains to computers. Merge Labs is seeking $250 million in funding and is currently valued at $850 million. Altman will co-found but won’t take a daily role; Alex Blania will lead the project.
The venture aims to capitalize on advancements in artificial intelligence. Altman has discussed the potential for “high-bandwidth brain-computer interfaces” to emerge soon. This competition intensifies the rivalry between Altman and Musk, who co-founded OpenAI. Musk’s Neuralink has raised significant capital and leads the industry.
Garblog 