Sam Altman, OpenAI will reportedly back a startup that takes on Musk’s Neuralink
Sam Altman is in the process of co-founding a new brain-to-computer interface startup called Merge Labs, and raising funds for it with the capital possibly coming largely from OpenAI’s ventures team, unnamed sources told the Financial Times. The startup is expected to be valued at $850 million. A source familiar with the deal tells TechCrunch that talks are still early and OpenAI has not yet committed to participation, so terms could change. Merge Labs is also reportedly working with Alex Blania, who runs Tools for Humanity (formerly World) — Altman’s eye-scanning digital ID project that “allows anyone to verify their humanness,” as the company describes. Merge Labs will compete with Elon Musk’s Neuralink, which is developing computer interface chips designed to…
