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.<\/p>\n
The San Francisco-based company has already gotten $27 million in funding, according to a filing with the US Securities and Exchange Commission.<\/p>\n
Musk said via Twitter on Friday that Neuralink isn\u2019t seeking outside investors. A spokesman didn\u2019t respond to questions about the source of the funds.<\/p>\n
Musk, 46, is the chief executive officer of Tesla and Space Exploration Technologies and has several other pet projects, including a venture to bore tunnels for roads or tube-based transportation systems known as the hyperloop, and another project for the responsible development of artificial intelligence.<\/p>\n
In June, Musk said Neuralink is a priority after much more demanding commitments to his automotive and rocket companies. \u201cBoring Co. is maybe 2 percent of my time; Neuralink is 3% to 5% of my time; OpenAI is going to be a couple of percent; and then 90-plus percent is divided between SpaceX and Tesla,\u201d said Musk at the electric-car maker\u2019s annual shareholder meeting.<\/p>\n
Few details are known about Neuralink. The company\u2019s sparse website says it\u2019s \u201cdeveloping ultra-high bandwith brain-machine interfaces to connect humans and computers.\u201d<\/p>\n
It\u2019s also recruiting engineers and scientists to join the effort.<\/p>\n
\u201cNo neuroscience experience is required: talent and drive matter far more,\u201d the company says on the site. \u201cWe expect most of our team to come from other areas and industries.\u201d<\/p>\n