OpenAI Invests in Merge Labs' Brain Computer Interface Startup

Just when you thought the circular deals couldn't get any more circular, OpenAI has invested in CEO Sam Altman's brain computer interface startup Merge Labs. The news comes as no surprise to those familiar with the tech industry, where CEOs and founders often have multiple ventures under their belt.

Merge Labs, which defines itself as a "research lab" dedicated to "bridging biological and artificial intelligence to maximize human ability," came out of stealth on Thursday with an undisclosed seed round. A source familiar with the matter confirmed previous reports that OpenAI wrote the largest single check in Merge Labs' $250 million seed round at a $850 million valuation.

"Our individual experience of the world arises from billions of active neurons," reads a statement from Merge Labs. "If we can interface with these neurons at scale, we could restore lost abilities, support healthier brain states, deepen our connection with each other, and expand what we can imagine and create alongside advanced AI."

Merge Labs said it intends to reach these feats non-invasively by developing "entirely new technologies that connect with neurons using molecules instead of electrodes" to "transit and receive information using deep- reaching modalities like ultrasound." The move marks a significant step forward in the development of brain-computer interfaces, which have the potential to revolutionize the way we interact with technology.

The investment also deepens Altman's competition with Elon Musk, whose own startup Neuralink is also developing computer interface chips that allow people who suffer from severe paralysis to control devices with their thoughts. While both startups are working towards similar goals, Merge Labs' focus on non-invasive technologies sets it apart from its competitors.

As the tech industry continues to evolve at a rapid pace, it's clear that OpenAI is committed to investing in innovative ideas and companies that have the potential to shape the future of AI. With this investment, Merge Labs has secured significant funding to continue developing its technology and bringing it one step closer to reality.