OpenAI and its cofounder Sam Altman are preparing to back a company that will compete with Elon Musk’s Neuralink by connecting human brains with computers, heightening the rivalry between the two billionaire entrepreneurs.

The feud between OpenAI CEO Sam Altman and onetime cofounder Elon Musk may soon escalate with news that the former is starting his own brain-computer interface (BCI) company. As the Financial Times reports based on insider sources that OpenAI is weighing a major investment in Merge Labs,

OpenAI CEO Sam Altman believes that, given all the AI hype from investors and capital expenditures, we're currently in an AI bubble. Altman made the statement during a conversation with The Verge and a handful of other reporters on Thursday.