High-bandwidth brain-machine interfaces that allow direct communication between the brain and external devices are being developed by the neurotechnology business Neuralink.
Its goal is to use cutting-edge engineering and neurology to help people who are paralyzed regain their mobility, independence, and sense of connection. Using solely brain impulses, users may operate computers, smartphones, and other digital platforms with Neuralink’s products.
The company wants to change how people use technology and increase human capabilities.
At a pre-money valuation of $8.5 billion, Neuralink intends to raise roughly $500 million. To support its next stage of expansion and development, the business has begun first talks with possible investors.
Dongjin Seo, Elon Musk, Lisa Li, and Max Hodak launched Neuralink in 2016, with its headquarters located in Fremont, California, USA. With an emphasis on creating brain-machine interfaces to assist those who are paralyzed and enhancing human-computer interaction capabilities, the company primarily works in the medical, research, and emerging neurotechnology sectors.