Sam Altman is preparing to co-found a new company funded by OpenAI that will go up against Elon Musk's Neuralink.

Merge Labs will compete with Elon Musk’s Neuralink, which is developing computer interface chips designed to be implanted in the brain. Musk founded Neuralink in 2016 (although its existence wasn’t known until 2017) and the company has made serious progress.

Sam Altman, renowned CEO of OpenAI best known for ChatGPT, is now making headlines for a new venture in brain-computer interface (BCI) technology. Altman is co-founding a startup named Merge Labs, which is positioned to rival Elon Musk’s Neuralink.