November 27, 2023Business Desk

Elon Musk’s Neuralink raises $43 million

Neuralink, founded by Elon Musk, secures an additional $43 million in venture capital, increasing its funding to $323 million.

Source: Unsplash

The company, valued at around $5 billion in June, specializes in implantable brain-wave-reading chips, making use of wireless technology and an increased number of electrodes.

Source: Unsplash

Neuralink faces criticism for its workplace culture, described as having a "culture of blame and fear," and allegations of mistreatment of monkeys involved in testing.

Source: Unsplash

US lawmakers request an SEC investigation into Neuralink for allegedly omitting details about the deaths of at least twelve animals fitted with its implants.

Source: Unsplash