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Elon Musk Announces First Human Neuralink Implant

Although details are scarce, the Neuralink co-founder says initial results look promising.

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elon musk announces first human neuralink implant

In a recent announcement on social media platform X, entrepreneur Elon Musk revealed a significant development in the field of brain-computer interfaces (BCIs). Musk disclosed that Neuralink, a company he founded, has successfully administered a brain implant to its first human patient.

The achievement follows a series of delays, as Neuralink commenced patient recruitment for a clinical trial in the autumn, subsequent to securing approvals from both the US Food and Drug Administration (FDA) and a hospital ethics board.

The primary objective of Neuralink’s research involves the creation of a brain-computer interface, a groundbreaking device intended to establish a connection between the human brain and computer technology.

While Musk’s vision is a symbiotic relationship between humanity and artificial intelligence, the initial phase focuses on a more modest goal: To empower individuals with paralysis, particularly those suffering from quadriplegia due to cervical spinal cord injury or amyotrophic lateral sclerosis (ALS), to regain control over a cursor or keyboard using their brain signals.

Eligible participants for the study must be at least 22 years old, and Neuralink expects its research to span a six-year duration.

Neuralink will employ a specialized surgical robot to precisely implant the device into the region of the brain responsible for controlling movement intention. This coin-sized implant is designed to capture and transmit neural signals wirelessly to an accompanying app, which can then decode them. The device uses 1,000 electrodes distributed across 64 threads, each finer than a human hair.

Also Read: Robot UAVs Set To Revolutionize Abu Dhabi Maritime Patrols

Elon Musk’s recent post highlighted that the patient was in a state of recovery and indicated promising results in the detection of neuron spikes. However, it may take several months to assess whether the patient can effectively utilize the implant to control computers or other devices.

While the specifics of the Neuralink surgical procedure are presently limited to Musk’s single tweet, the development represents a significant milestone in the evolution of brain-computer interfaces, even if it falls short of the ambitious goal of merging humans with AI.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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