Becker's Healthcare August 13, 2025
Giles Bruce

OpenAI plans to back a competitor to Elon Musk’s Neuralink in the brain-computer interface market, the Financial Times reported.

Merge Labs aims to raise $250 million for a valuation of $850 million, with much of the funding coming from the maker of ChatGPT, sources told the news outlet. OpenAI co-founder Sam Altman would reportedly co-found the new company but not run it day to day....

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