Musk's Neuralink has raised $650 million in funding

Elon Musk's Neuralink Raises $650 Million in Funding

Neuralink, the brain - machine interface company owned by Elon Musk, announced on Monday that it has completed a $650 million funding round. According to the press release, ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other companies participated in this financing round. Neuralink said that the new funds will help the company bring its technology to more patients and develop new devices that "deepen the connection between biology and artificial intelligence." The company is developing a brain - computer interface (BCI), a system that converts brain signals into commands for external technology. The initial goal of this technology is to help patients with severe paralysis regain some independence. The press release stated that as of Monday, five patients had received Neuralink's technology implants and were able to "control digital and physical devices with their minds."

—— CNBC

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