Merge Labs has emerged from stealth with $252 million in funding from OpenAI and others. It aims to use ultrasound to read from and write to the brain. On Thursday, OpenAI announced its investment in neurotech startup Merge Labs, cofounded by its CEO, billionaire Sam Altman . OpenAI will collaborate with the new venture to develop technology to link people's brains to computers. Merge Labs has raised $252 million in funding from OpenAI, private investment firm Bain Capital, video game developer Gabe Newell, and others to use ultrasound to read and modulate the brain.

OpenAI's startup fund invested $23.5 million in a Series A2 funding round on the engineering company 1X, on 23rd March 2023.[1] Another key product manufactured by 1X is EVE, a high-mobility robot attached with wheels as feet. EVE's ability to gently move, manipulate objects, and interact with the world makes it ideal for use in real-world applications. It uses a base level of training to move about our spaces, turning corners and opening doors using shared autonomy. The robot could replace laborers involved in construction, manufacturing industries, etc and potentially solve the labor shortage crisis.