OpenAI boss Sam Altman is preparing to back a new company called Merge Labs that will compete with Elon Musk’s Neuralink in connecting human brains with computers.
The Financial Times reports that in a move that is set to heighten the intense rivalry between billionaire entrepreneurs Sam Altman and Elon Musk, Altman’s OpenAI is preparing to invest in a new brain-computer interface company called Merge Labs. The startup, which aims to raise $250 million at an $850 million valuation, is expected to receive a significant portion of its funding from OpenAI’s ventures team.
Altman, who co-founded OpenAI with Musk before the latter left the board in…
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