Elon Musk’s startup Neuralink secures $39 million in funding

Date:

Neuralink, a secretive brain computing startup founded by Elon Musk, has raised $39 million from a planned funding round of $51 million, according to a filing with the Securities and Exchange Commission.

Two years ago, the company said that it has raised $27 million of a planned funding round of around $100 million.

Neuralink has hired away several high-profile neuroscientists from various universities and contracted with a laboratory at the University of California, Davis to conduct research on primates.

ALSO READ: Ixigo to tie-up with OTT platforms for entertainment on the go

The venture has had mixed responses from the followers and admirers of Elon Musk. In March, a paper by a group of researchers affiliated with Neuralink was posted online. It outlined a novel technique for implanting electrodes into rat brains.

Separately, Tim Gardner, a co-founder of Neuralink and a prominent early hire for the company, is taking a job as a professor of neuro-engineering at the University of Oregon. He joined Neuralink from Boston University in March 2017.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Blinken Tells Netanyahu That US Opposes Israeli Assault In Rafah

The top US diplomat has been trying to push for an agreement between Israel and Hamas that would lead to the release of prisoners and a temporary end to hostilities

Most Parts Of India Likely To Experience Above Normal Max Temp In May: IMD

The IMD however stated that some parts of northwest and central India and adjoining areas of northeast peninsular India are likely to record normal to below-normal maximum temperatures

UK: PM Sunak’s Fate Hangs In Balance As Country To Vote In Local Polls This Week

These polls are the last major electoral test before the general election that Sunak's party, in power since 2010, seems destined to lose to the Labour opposition

Karnataka CM Requests PM Modi To Cancel Revanna’s Diplomatic Passport

The letter of the CM comes in light of the ongoing investigation into an alleged sex scandal involving Prajwal who is believed to have fled to Germany after the conclusion of the first phase of the Lok Sabha polls in Karnataka on April 26