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Elon Musk is reportedly considering investment in Neuralink’s rival brain chip company

Neuralink, an organization co-founded by Elon Musk, has been focusing on an implantable brainmachine interface since 2016. Although it previously demonstrated its progress by showing a Macaque monkey controlling the cursor in a casino game of Pong, it has yet to start out human trials. Now, in accordance with Reuters, Musk has already reached out to rival company Synchron in recent weeks to go over a potential investment.

It’s unclear what sort of deal Musk has offered be it a collaboration or perhaps a financial investment since none of the players responded or confirmed the report with the news headlines organization. Reuters‘ sources also said a deal isn’t certain and that Synchron has yet to choose whether to simply accept Musk’s offer. Apparently, the executive approached Synchron CEO after expressing his frustration to Neuralink staff on the company’s slow progress.

Neuralink announced in the past in 2019 that it could seek approval for human trials in 2020. In January of the year, the business started searching for a clinical trial director who oversee the testing of its medical device on human subjects. However, which has yet to occur, and the FDA has yet to reveal what lengths along Neuralink is along the way of securing its approval.

Meanwhile, Synchron announced in July that it had implanted its brain-computer interface in to the motor cortex of a human patient in america for the very first time. Doctors in New York’s Mount Sinai West did in order area of the company’s COMMAND trial, that is looking to examine the safety of Synchron’s implant in patients with severe paralysis. The business also completed a report in Australia, wherein four individuals were determined to be safe even with a year using its implant.

Like Neuralink, Synchron can be hoping to supply people who have limited mobility the opportunity to control devices like smartphones and computers making use of their minds. Which will provide them with the independence to email, text and do various digital tasks. Earlier this season, Max Hodak, the Neuralink co-founder who left the business in 2021, revealed he took on an advisory role with Synchron. He also financially committed to the business “given [his] excitement for what they’re doing.”

It’s worth noting, though, that Musk reportedly held discussions with other Neuralink rivals previously. Reuters says he also approached brain-machine interface developer Paradromics in 2020, but those talks were ultimately abandoned.

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