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00:02Sam Altman is reportedly co-founding brain-to-computer interface startup Merge Labs,
00:06which can be valued at $850 million, according to TechCrunch.
00:10Sources said funding may largely come from OpenAI's Ventures team,
00:13though talks are early and no commitment has been made.
00:15Merge Labs is reportedly collaborating with Alex Bladia,
00:18head of Tools for Humanity,
00:19Altman's eye-scanning digital ID project for human verification.
00:23Merge Labs will compete with Elon Musk's Neuralink,
00:26which develops brain-implant chips for computer interfaces,
00:28and was founded in 2016.
00:30Neuralink is testing his technology in patients with severe paralysis
00:33and raised $600 million in June and a $9 billion valuation.
00:38Altman has written about the Merge since 2017,
00:41visiting humans designing their own descendants.
00:43Metra comes in renewed public clashes between Altman and Musk over AI and technology.
00:48For all things money, visit Benzinga.com.
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