TechCrunch Startup News Sam Altman, OpenAI will reportedly back a startup that takes on Musk’s Neuralink
Aug 14, 2025
Exciting developments in the brain-computer interface space are unfolding. A new startup, MergeLabs, co-founded by Sam Altman, is gearing up to challenge Elon Musk's Neuralink. The podcast dives into how this competition could reshape technology for individuals with disabilities. It also examines the broader implications of enhancing human-technology interaction in our future.
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Altman Backing A Neural Interface Challenger
- Sam Altman is reportedly co-founding MergeLabs to build brain-computer interfaces that compete with Neuralink.
- The startup may receive funding largely from OpenAI's ventures team and aims for a substantial valuation.
High Stakes Valuations And Direct Competition
- MergeLabs is reportedly targeting an $850 million valuation while Neuralink raised massive capital at a billion-dollar valuation.
- The two companies will compete in implantable brain chips aiming to restore device control for people with paralysis.
Roots In Altman's Past Projects
- MergeLabs is reportedly working with Alex Plania from Tools for Humanity, linking Altman's past digital ID work to the new venture.
- Altman previously wrote about the "merge" of humans and tech, framing this as a continuation of his long-held interests.