OpenAI Backs Merge Labs with $250M to Rival Neuralink in BCI
OpenAI-backed Merge Labs is a new brain-computer interface (BCI) startup co-founded by Sam Altman. Early reports value Merge Labs at around $850 million, with OpenAI Ventures committing $250 million, though terms are still being finalized. Merge Labs will work with Alex Blania’s Worldcoin team to integrate digital identity with advanced BCI technology. The startup aims to develop safe, scalable neural interfaces. Its launch sets up a direct rivalry with Elon Musk’s Neuralink, which has raised $600 million in Series E funding at a $9 billion valuation. Neuralink is already in human trials for thought-controlled devices. The competition is expected to accelerate BCI innovation. For crypto traders, the partnership with Worldcoin could drive interest in digital identity tokens. Overall, the news highlights growing investment in neurotech and potential token use cases within the BCI sector.
Neutral
In the short term, this funding announcement and high valuation may spur speculative interest in BCI-linked projects, particularly Worldcoin’s identity token. However, without a direct token issuance or immediate product launch, price movements are likely limited. In the long term, successful integration of digital identity with neural interfaces could support sustained demand for related crypto tokens. Yet intense competition with Neuralink and regulatory hurdles may temper expectations. Overall, traders should view the news as a neutral catalyst until concrete token use cases or partnerships emerge.