Who doesn't know OpenAI CEO Sam Altman? Sam Altman, who is in the headlines for ChatGPT, is once again in the news, but this time the reason is not ChatGPT but something else. Sam Altman is now preparing to compete with Elon Musk's Neuralink. Reports have revealed that Sam Altman is working on a new brain-to-computer interface company called Merge Labs. This company is still in its early stages, but the value of this startup can be around $ 850 million (about 7434 crores).

Where will the funding for Merge Labs come from?

People familiar with the matter say that the funding can come mainly from OpenAI's ventures branch, although no final decision has been taken yet. It is being said that Alex Blania, who leads Tools for Humanity, is also involved in this project.

This company is known for eye-scanning devices that are used to verify whether a person is a real human or not. The same company, Sam Altman's Biometric ID Project World, is working on installing eye-scanning orbs in public places in the US and UK.

Neuralink is also raising money.

Merge Labs is also preparing to enter the same field as Elon Musk's Neuralink. Neuralink was started in 2016. This company develops chips that can be implanted in the brain. With the help of this chip, a severely paralyzed person can control the device using their thoughts. Neuralink is conducting human trials, and earlier this year the company raised $600 million at a valuation of $9 billion. Both companies are working on technology that can completely change the way people and machines interact.

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