News

Elon Musk Announces First Human Neuralink Implant

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

Published

1 year ago

January 31, 2024

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.

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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.

News

Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

Published

1 day ago

June 19, 2025

Nour Nasir

stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

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Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.