NEURALINK VALUATION
OpenAI joins seed round of brain-computer interface startup Merge Labs
The financial terms of the investment were not disclosed. The move signals OpenAI’s growing interest in technologies that extend beyond software, pointing to a longer-term focus on hardware and human-augmentation research alongside its core AI business.
Musk in 2025: Political backlash, Trump tensions, & business focus
In 2025, given the public anger during his time at the Department of Government Efficiency (DOGE), Musk took a step back and refocussed on his businesses. Musk made headlines by moving up his timeline for AGI. He now predicts that AI will be "smarter than any single human at anything" by late 2026. According to reports, xAI will launch Grok 5 in early 2026, powered by the fully operational "Colossus 2" supercomputer cluster.
Half-a-trillion Musk isn't just a price tag
Musk's ascent is not powered by conventional economics. Tesla's valuation defies automotive logic, SpaceX largely monetises Martian dreams, and Neuralink, so far, sells cerebral sci-fi. His empire is built not on cash flow but on charisma, chaos and cult of disruption, with a brush with the political executive adding to its churn-charisma.
Sam Altman’s brain chip venture is mulling gene therapy approach
Altman said he wants to be able to think something and have ChatGPT respond to it. The company is looking at an approach involving gene therapy that would modify brain cells. In addition, an ultrasound device would be implanted in the head that could detect and modulate activity in the modified cells.
Just 23 years ago, the world's richest man had to introduce himself, and even spell out his name: E-L-O-N M-U-S-K. Watch Video
Before becoming a tech titan, Elon Musk was a little-known innovator pitching space dreams. In a recently resurfaced interview, he humbly introduces himself, spelling out his name and role at SpaceX. Today, he commands billions, advises the U.S. President, and shapes the future of AI and space. The video is a powerful reminder of how far ambition can go.
Musk kicks off xAI, Neuralink fundraises after DOGE farewell
Elon Musk is shifting his focus back to his businesses, with xAI seeking $5 billion to expand its AI footprint and Neuralink securing $650 million after successful clinical trials of its brain implant devices. X is rolling out XChat, a new direct message service, while Tesla appears hesitant to establish manufacturing in India despite initial interest.
Elon Musk's Neuralink raises fresh cash at $9 billion valuation: Report
Neuralink is in the process of testing its implant, which is intended to help people with spinal cord injuries. The device has allowed the first patient to play video games, browse the internet, post on social media and move a cursor on his laptop directly with his brain.
Elon Musk's Neuralink could fetch $8.5 billion valuation
Elon Musk’s Neuralink is in early talks to raise about $500 million at a pre-money valuation of $8.5 billion, a sharp rise from its $5 billion valuation in 2023. Neuralink’s brain implant, now in clinical trials, has enabled a paralysed patient to control devices using only brain signals
TCS Q1 results; Pine Labs, Swiggy valuations slashed
Indian IT bellwether TCS kicked off the tech earnings season with a 9% YoY growth in net profit for the June quarter. This and more on today's ETtech Top 5.
Neuralink's first human patient able to control mouse through thinking: Elon Musk
The study uses a robot to surgically place a brain-computer interface implant in a region of the brain that controls the intention to move, Neuralink has said, adding that the initial goal is to enable people to control a computer cursor or keyboard using their thoughts.
Want details on Elon Musk's brain implant trial? You'll have to ask him
Neuralink does not have to divulge even basic details about its trial, including the facility where patients are being implanted with the device and monitored, as well as the number of participants and expected completion date.
PB Fintech's maiden profit; another markdown for Meesho
Policybazaar parent PB Fintech on Tuesday reported its first ever net profit on the back of strong revenue growth for the quarter ended December 2023. This and more in today’s ETtech Top 5.
Elon Musk's Neuralink raises additional $43 million
Neuralink, which was founded in 2016, has developed a sewing machine-like device capable of implanting ultra-thin threads inside the brain.
Elon Musk's Neuralink raises $280 million in latest fundraise
Elon Musk's brain chip startup Neuralink has raised $280 million in a funding round led by Founders Fund, the company said in a post on messaging platform X.
Musk expects brain chip startup Neuralink to implant 'first case' this year
Last month, Neuralink said it received US Food and Drug Administration (FDA) clearance for its first-in-human clinical trial, a critical milestone for the startup as it faces US probes over its handling of animal experiments.
Elon Musk's Neuralink valued at about $5 billion despite long road to market
Elon Musk has expressed grand ambitions for Neuralink, saying its chip would allow healthy and disabled people alike to pop into neighborhood facilities for speedy surgical insertions of devices to treat obesity, autism, depression and schizophrenia.
At Musk's brain-chip startup, animal testing panel is rife with potential conflicts
Elon Musk's brain-implant venture has filled an animal-research oversight board with company insiders who may stand to benefit financially as the firm reaches development goals.
Why US regulators rejected Elon Musk’s bid to test brain chips in humans
A year after the rejection, Neuralink is still working through the agency’s concerns. Three staffers said they were skeptical the company could quickly resolve the issues – despite Musk’s latest prediction at a Nov. 30 presentation that the company would secure FDA human-trial approval this spring.
Elon Musk's SpaceX raises over $337 million in fresh funding
According to Morgan Stanley, the space economy could be worth $1 trillion by 2040.
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