It has been announced that Neuralink executive Elon Musk is considering to invest in a rival brain chip firm.

Tech entrepreneur Elon Musk is considering to invest in Synchron. Also, a brain-chip developer competing with his company. This company called as Neuralink, which is working in the same field.

According to the information we have received, Musk reached out to Thomas Oxley. Oxley is the founder and CEO of Synchron. He investigated a possible venture in the past weeks. Four people following the issue stated that the talks are far from finalizing. Besides, it is still unclear whether an agreement exists or not.

Synchron, based in New York, is a few steps ahead of Neuralink in getting regulatory approval to test brain implants in humans, and last year got the green light from the Food and Drug Administration (FDA).

Prior to that, he conducted a separate round of human trials on four people in Australia and gathered valuable data for future testing.

Although Musk has repeatedly hinted at human testing for Neuralink in the near future, it has not yet been authorized for this use.

Applying Brain Chip Technology

Unlike Synchron’s device, installing Neuralink requires a major surgical operation involving cuts in the human skull, possibly marking slower progress.

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