OpenAI Back Merge Labs Wit $250M to Run Tin Face Neuralink for BCI
Merge Labs wey OpenAI back na new brain-computer interface (BCI) startup wey Sam Altman co-found. Early reports value Merge Labs about $850 million, OpenAI Ventures dey commit $250 million but terms no full finalize. Merge Labs go work with Alex Blania's Worldcoin team to join digital identity with advanced BCI technology. The startup wan make safe, scalable neural interfaces. The launch mean say e get direct competition with Elon Musk’s Neuralink wey don raise $600 million for Series E funding with $9 billion valuation. Neuralink don start human trials for mind-controlled devices. The competition go make BCI innovation fast. Crypto traders fit like the partnership with Worldcoin cos e fit drive interest for digital identity tokens. Overall, the news show say investment for neurotech dey grow and token fit get use for BCI sector.
Neutral
For short term, dis funding announcement and di high valuation fit make people wan speculate for BCI-linked projects, especially Worldcoin identity token. But since no direct token issuance or immediate product launch, price movements go likely limited. For long term, if digital identity join well with neural interfaces e fit support steady demand for related crypto tokens. But heavy competition with Neuralink plus regulatory issues fit reduce any high hopes. Overall, traders suppose to see dis news as neutral push till for concrete token use cases or partnerships show.