Agency Of Income
  • World News
  • Stocks
  • Business
  • Politics

Agency Of Income

  • World News
  • Stocks
  • Business
  • Politics
Business

Elon Musk’s Neuralink raises $650 million in fresh capital

by admin June 3, 2025
June 3, 2025
Elon Musk’s Neuralink raises $650 million in fresh capital

Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday.

ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the company bring its technology to more patients and develop new devices that “deepen the connection between biological and artificial intelligence.”

Neuralink is building a brain-computer interface, or BCI, which is a system that translates brain signals into commands for external technologies.

The company’s first system, called Telepathy, involves 64 “threads” that are inserted directly into the brain. The threads are thinner than a human hair and record neural signals through 1,024 electrodes, according to Neuralink’s website.

The initial aim of the technology is to help patients with severe paralysis restore some independence. As of Monday, five patients have been implanted with Neuralink’s technology, and are able to “control digital and physical devices with their thoughts,” the release said.

Neuralink is currently carrying out four separate clinical trials around its Telepathy system.

BCIs have been studied in academia for decades, and several other companies, including Synchron, Paradromics and Precision Neuroscience, are developing their own systems.

Paradromics on Monday announced it successfully implanted its BCI in a human for the first time.

It’s not clear what devices Neuralink will look to develop next, but Musk has for years espoused grand ambitions for the brain tech startup. He has even claimed that he would be willing to get an implant himself.

One of the capabilities Musk has repeatedly highlighted is the ability to restore vision to blind patients.

Neuralink received a “Breakthrough Device” designation from the U.S. Food and Drug Administration for a device called Blindsight. This designation is granted to medical devices that have the potential to provide improved treatment for debilitating or life-threatening conditions.

In a post on his social media platform X in September, Musk said Blindsight will enable even those who have lost both eyes and their optic nerve to see.

Neuralink still has a long road ahead before it can commercialize these technologies.

This post appeared first on NBC NEWS

previous post
Tariff fight escalates as Trump appeals second court loss
next post
Byron Allen puts broadcast TV stations up for sale

Related Posts

Uber delivery chief Gore-Coty is leaving after almost...

June 3, 2025

Divided Fed proposes rule to ease capital requirements...

June 26, 2025

Musk’s brain implant company filed as a ‘disadvantaged...

July 19, 2025

Is a Chinese chain’s blood orange cold brew...

July 7, 2025

Trump made millions on guitars, Bibles and watches...

June 16, 2025

White House accuses Powell of mismanaging Federal Reserve,...

July 10, 2025

Trump implies government could cut contracts and subsidies...

June 7, 2025

Sports executive charged with bid-rigging in Texas arena...

July 10, 2025

Nike pushes back Skims launch with Kim Kardashian...

June 19, 2025

Shein and Temu see U.S. demand plunge as...

June 5, 2025

    Get free access to all of the retirement secrets and income strategies from our experts!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Obama-era officials mum on allegations of ‘manufactured’ intelligence launching Trump-Russia probe

    • Hunter Biden special counsel got ‘one resume’ from DOJ to help prosecute president’s son

    • Iran will not give up nuclear enrichment, top official confirms in exclusive Fox News interview

    • AOC slams progressive critics for ‘lying’ about her Iron Dome stance in defense bill fight

    • ‘All the options’: GOP eyes cutting August recess to move dozens of Trump nominees stalled by Dems

    • What Musk’s fracture with Trump means for GOP’s future: ‘Beating heart of the Republican Party’

    Categories

    • Business (76)
    • Politics (20)
    • Stocks (106)
    • World News (238)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: AgencyOfIncome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 agencyofincome.com | All Rights Reserved