Neuralink Gets $27 Million to Build Brain Computers

Neuralink Gets $27 Million to Build Brain Computers

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Neuralink, the startup co-founded by billionaire Elon Musk, has taken steps to sell as much as $100 million in stock to fund the development of technology that connects human brains with computers, according to Bloomberg.

The San Francisco-based company has already gotten $27 million in funding, according to a filing with the U.S. Securities and Exchange Commission. Musk said via Twitter that Neuralink isn’t seeking outside investors. A spokesman didn’t respond to questions about the source of the funds.

In June, Musk said Neuralink is a priority after much more demanding commitments to his automotive and rocket companies. “Boring Co. is maybe 2 percent of my time; Neuralink is 3 percent to 5 percent of my time; OpenAI is going to be a couple of percent; and then 90-plus percent is divided between SpaceX and Tesla,” said Musk at the electric-car maker’s annual shareholder meeting.

Few details are known about Neuralink. The company’s sparse website says it’s “developing ultra-high bandwith brain-machine interfaces to connect humans and computers.” It’s also recruiting engineers and scientists to join the effort. “No neuroscience experience is required: talent and drive matter far more,” the company says on the site. “We expect most of our team to come from other areas and industries.”

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