AIInnovationStartups

Sam Altman’s Merge Labs Taps Caltech Scientist for Non-Invasive Brain Tech

Sam Altman is building a brain-computer interface startup called Merge Labs that will take a dramatically different approach from Neuralink. The OpenAI CEO has recruited Caltech biomolecular engineer Mikhail Shapiro, whose work focuses on using ultrasound and gene therapy to read brain activity without surgery. The hiring signals Altman’s preference for non-invasive neural interfaces over approaches that require implanting electrodes in the brain.

A Different Path to Brain-Computer Interfaces

Sam Altman is quietly assembling the pieces for his next major venture, and it’s shaping up to be a direct challenge to Neuralink’s vision of how humans should interface with machines. According to sources familiar with the matter, Altman has recruited Caltech professor Mikhail Shapiro—an award-winning biomolecular engineer—to join Merge Labs, a brain-computer interface startup expected to launch publicly in the coming weeks.

BusinessStartupsTechnology

Rivian Settles Shareholder Lawsuit for $250 Million Following 2022 Vehicle Price Controversy

Electric vehicle maker Rivian will pay $250 million to resolve a class-action lawsuit filed by shareholders after sudden price increases on its R1 vehicles. The settlement comes as the company prepares for its crucial R2 SUV launch amid declining R1 sales and recent layoffs.

Major Settlement Agreement Reached

Electric vehicle manufacturer Rivian has reportedly agreed to pay $250 million to settle a class-action shareholder lawsuit stemming from controversial price increases on its R1 vehicles in 2022, according to court documents and company statements. The lawsuit alleged that Rivian included misleading information about production costs in its IPO documentation prior to going public in 2021.

HardwareStartupsTechnology

Oxford Quantum Startup QFX Secures €2.2M Seed Funding for Modular Hardware Expansion

Oxford-based quantum technology startup QFX has raised €2.2 million in seed funding to advance its modular hardware platform. The investment round was reportedly led by Y Combinator co-founder Paul Graham, positioning the University of Oxford spin-out within Europe’s growing quantum ecosystem.

Funding Round and Investor Backing

Oxford-based quantum startup QFX has secured €2.2 million in seed funding to expand its modular hardware platform for quantum technologies, according to recent reports. Sources indicate the investment round was led by Silicon Valley investor and Y Combinator co-founder Paul Graham, signaling strong confidence in the UK quantum sector.

InnovationScienceStartups

Longevity Experts Advocate for Healthspan Focus Over Lifespan Extension in Booming Industry

Longevity researchers are urging the rapidly expanding anti-aging industry to shift focus from extending lifespan to improving healthspan. Experts emphasize that adding healthy years provides more value than merely prolonging life, with exercise emerging as today’s most accessible fountain of youth.

Redefining Longevity: Healthspan Takes Priority Over Lifespan

The booming longevity industry is facing a crucial recalibration as leading researchers advocate for a fundamental shift in focus from extending lifespan to improving healthspan, according to discussions at the recent Inc. 5000 Conference in Phoenix. Sources indicate that despite massive commercial investment in anti-aging technologies, the core philosophy among serious researchers centers on expanding years of healthy life rather than simply prolonging existence.