from AcidicBasicGlitch@lemm.ee to technology@lemmy.world on 29 May 14:41
https://lemm.ee/post/65322786
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.
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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
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.
en.wikipedia.org/wiki/Number_of_the_beast
en.wikipedia.org/wiki/The_Beast_(Revelation)
The beast/devil can’t be conservative though, that’s a key evangelical belief
Ponzi Schemes work by having new investors pay off old investors.
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!
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.
🤡 🤦♀️ 🖕 💩
It will treat them the same way lobotomies did 100 years ago.
Musk = POS Nazi.
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
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 🤯
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
You might enjoy this blog post someone linked in another thread earlier today wheresyoured.at/the-era-of-the-business-idiot/
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!