Elon Musk’s brain implant company Neuralink raised $600 million in a deal that values the company at $9 billion before the new cash, Semafor reported on Tuesday, citing people with knowledge of the matter. Neuralink did not immediately respond to a Reuters request for comment.
The startup was estimated to be valued at $5 billion in 2023, based on privately executed stock trades described to Reuters. The company had previously raised $280 million in a funding round led by Peter Thiel’s Founders Fund.
In April, Bloomberg News reported that the company was planning to raise about $500 million. 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.
Earlier this month, Neuralink received the U.S. Food and Drug Administration’s “breakthrough” tag for its device.
Musk has expressed grand ambitions for the company, 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. He even sees them being used for web-surfing and telepathy.
surgical insertions of devices to treat obesity, autism, depression and schizophrenia
We don’t understand the underlying mechanisms of these diseases currently so how is nueralink going to treat them? Is neuralink funding research into these diseases or is the nazi muskrat spouting bullshit again?
Technically it’s true. There’s no reason to worry about those diseases anymore if you end up in a vegetative state or die from brain implant complications!
It will treat them the same way lobotomies did 100 years ago.
is the nazi muskrat spouting bullshit again?
While it’s most assuredly bullshit that he’s spouting, any willfully idiotic moron that would accept such a procedure/device from the maker of the Swastikar mobile dumpster and destroyer of SpaceX rockets deserves whatever outcome befalls them.
🤡 🤦♀️ 🖕 💩
I’m not an expert, but I’ve been observing investment behavior for a while now. I’ve watched VC behavior, and the behavior of retail investors on the stock market. I’ve watched analysts, owned some stocks and worked with investor relations for a technology company, and I’ve participated in an IPO. I’ve also listened to executives talk about ‘valuations’ behind the scenes. Over time, I’ve become convinced that there is no real “market” operating the way that most people who advocate for the benefits of market dynamics define it. It’s not allocating capital based on anything related to merit and it isn’t efficient in any real way. These valuations are largely arbitrary and manipulated by a choreography of marketing, fraud, and the continuously nurtured delusions that some parts of the market (like journalists and analysts) are objective, and that the majority of normal investors are actually able to make informed decisions. In short, I have no confidence that Neuralink is actually worth that much. But, in the end, almost no one cares and almost no one participating in these “markets” has any interest in the supposed benefits to society that markets bring. That is why society keeps getting worse the longer it is being shaped by the parlor game that is our economy.
People have been making hats that can do what they claim neuralink can do for over a decade now, only the hats don’t require brain surgery.
Yep, I bought one like 10 years ago bc I thought it was cool. The fact that people are letting Elon musk insert a fucking chip in their brain to achieve the same tech that’s been available for over 10 years is just 🤯
You might enjoy this blog post someone linked in another thread earlier today https://www.wheresyoured.at/the-era-of-the-business-idiot/
I mean I don’t believe there is anything that makes it worth that value, but there are people who will fall prey to the hype. Maybe less so now that Elon has destroyed his Brand and can’t even move Teslas, but it is concerning that he was given this FDA certification and also seems to have potentially been kind of rewarded to keep quiet and disappear from the administration.
The economy is absolutely in the toilet right now, then suddenly the same day he and Trump break up, somebody invests $600M in his shitty biotech that can’t even stay glued in place?
Not to mention, this seems to have happened within days of a competitor company announcing they will be launching their own neural chip by the end of the year
the billionares controlling the govt are now officially trying to put chips in our brains
Seriously, why aren’t all of the ‘Covid vaccines are implanting microchips’ conspiracy theorists losing their goddamn minds over Neuralink?
Because 99% of them are Trump and Musk’s ass lickers. edit: and if they will tell them to put these chips in their brain they will do it at once.
Because when the antichrist (no seriously, look it up, i’m convinced Trump is the Antichrist) does it they line up and give him the good sloppy
Well you need someone to control the narrative, so if there’s no one being tasked by an administration to actively spread a conspiracy, it’s harder to get people to embrace it.
Reuters reported last summer that the Pentagon had a campaign to spread online disinformation about China’s vaccine Doesn’t really seem too far fetched to think something similar was used against Americans by the same people that would now benefit from Americans being blissfully unaware of how dangerous it is to put one of these chips in their brain. After all, it has an official breakthrough tag now, and if it was really so dangerous “why would the FDA approve it?”
Not sure if you remember, but we were also one of the only countries that tried to downplay the effectiveness of people wearing masks during the earliest days of the pandemic. That was one I never could figure out back then, but now I’m suspicious that was also part of a targeted disinformation campaign.
March 2020 White House seeks assistance from tech companies in fight against coronavirus
The White House on Wednesday asked the tech industry’s top players to help the government in the fight against coronavirus, tapping the expertise of companies like Apple, Facebook and Amazon to help beat back falsehoods and use artificial intelligence to glean new insights into the fast-spreading virus.
In a phone call, U.S. Chief Technology Officer Michael Kratsios implored the companies to help out with an “all-hands-on-deck effort” to fight the new coronavirus.
According to the White House Office of Science and Technology Policy, top tech trade groups and companies participated in the call, including Apple, Cisco, Google, Facebook, IBM, Microsoft, Twitter, the Consumer Technology Association, the Information Technology Industry Council and others.
The meeting revolved around how the tech industry can better coordinate with the government to get out authoritative facts about the coronavirus while cracking down on the spread of bunk cures and conspiracy theories spreading online.
So with all those people and their resources controlling the narrative, why would we then be spreading misinformation about masking? Why would anybody care if large numbers of Americans were covering their face to stop the spread of disease?
I don’t want to sound like a conspiracy theorist, but I do feel like the public should be more aware that Trump’s former CTO and current science advisor, the guy who was also tasked with preventing online disinformation being spread during COVID, was also tirelessly promoting deregulated facial recognition technology long before anyone was considering that masking in public would be common in the U.S.
Nov 2019: Trump CTO Addresses AI, Facial Recognition, Immigration, Tech Infrastructure, and More
I’m kind of surprised that some of the religious crowd isn’t raising Cain about it.
https://en.wikipedia.org/wiki/Number_of_the_beast
Revelation also references a charagma (χάραγμα), translated as mark of the beast:
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.— Revelation chapter 13:16–17
Some fundamentalist Christian groups, as well as various Christian writers in other traditions, interpret the mark as a requirement for all commerce to mean that the mark might actually be an object in the right hand or forehead with the function of a credit card, such as RFID microchip implants.[78] Some of these groups believe the implantation of chips may be the imprinting of the mark of the beast, prophesied to be a requirement for all trade and a precursor to God’s wrath.[79][80] Similar objections were raised about barcodes upon their introduction.[81]
During the COVID-19 pandemic, some groups associated COVID-19 vaccines and mask wearing with the mark of the beast, or that it was a microchip in the vaccine.[82] Some religious leaders spoke out against this as a misinterpretation of Revelation 13:16-18.[83] Medical institutions such as Hennepin County Medical Center noted this in their fact sheets about the vaccine.[84] A similar version was spread by Marjorie Taylor Greene, who referred to vaccine passports as being the mark of the beast.[85]
https://en.wikipedia.org/wiki/The_Beast_(Revelation)
Revelation 12-13 describes these three beasts as follows:
- The dragon (later revealed in the text to be Satan)[1]
- The beast of the sea (commonly interpreted as the Antichrist)[2][3]
- The beast of the earth (later revealed in the text to be the False Prophet)[4]
In Revelation 13:1–10, the beast of the sea rises “out of the sea” and is given authority and power by the dragon. It persecutes God’s people in the 2nd part of Revelation 13. To buy and sell, everyone is required to have its name or number on their forehead or right hand (Rev 13:16-17). It speaks blasphemous words against God, will rule the world for 42 months (Revelation 13:5-7), and is described as resembling a leopard, a lion, and a bear— which are three of the animals in Daniel 7. It suffers a fatal head wound which is miraculously healed, bewildering the world’s population and causing many to worship it.
The beast/devil can’t be conservative though, that’s a key evangelical belief
Maybe let’s wait on him to deliver on promises before we keep giving money into this Ponzi scheme.
Works on contingency. No money down.Works on contingency? No, money down!
Oh look, 8.4 billion in more made up money.
In other news, I think I just learned why Elon got more weird all of a sudden about 6 years ago. P. Thiel funding his brain chips? New conspiracy theory just dropped.
Occam’s razor says too much ketamine and Twitter, but maybe he tried to undo the damage with a chip
Ponzi Schemes work by having new investors pay off old investors.
Musk = POS Nazi.
