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☆ Neuralink's first in-human brain implant has experienced a problem, company says
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Neuralink has built a brain-computer interface, or a BCI, that could eventually help patients with paralysis control external technology using only their minds. But in the weeks following the procedure, a number of threads retracted from Arbaugh's brain, Neuralink said in a blog post Wednesday. Neuralink shared its blog post after the Journal asked the company about the issue, according to the report. Arbaugh said the Link is like a "luxury overload," and it has helped him to "reconnect with the world," according to the blog post. Neuralink is not the only company that is building a BCI system, and the technology has been explored in academic settings for decades.

Persons: Neuralink, Noland Arbaugh, Arbaugh Organizations: Elon, BCI, Wall Street Journal, U.S . Food, Drug Administration Locations: U.S

☆ Consumers are really moving more to the value sector, says BCI Brands' Manny Chiricoo
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are really moving more to the value sector, says BCI Brands' Manny ChiricooDana Peterson, The Conference Board chief economist, and Manny Chirico, chair of BCI Brands, join CNBC's 'Squawk Box' to discuss the latest number in retail sales, the state of the consumer, and more.

Persons: Manny Chiricoo Dana Peterson, Manny Chirico Organizations: Consumers, BCI Brands, The Conference Board

☆ Neuralink patient said he asked about reports of botched brain-chip surgeries on monkeys
▼ + stars: | 2024-03-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Read previewNeuralink's first patient, Noland Arbaugh, said he did his research before he decided to get the brain implant, including looking into the reports of animal testing gone awry. AdvertisementBefore Elon Musk's company Neuralink began human testing, the company shared demos of monkeys and pig test subjects using the implant. "No monkey has died as a result of a Neuralink implant," Musk wrote on X in September. "It's hard to describe something in your brain," Arbaugh said. Neuralink began recruiting for human trials last year and unveiled its first human patient earlier this month.

Persons: —, Noland Arbaugh, Arbaugh, Neuralink, Elon, UC Davis, Musk Organizations: Service, Business, UC, Reuters, US Department of Agriculture, Wired

☆ Watch Neuralink's first human patient play 'Mario Kart' with his mind
▼ + stars: | 2024-03-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Neuralink shared a video of its first human patient appearing to play "Mario Kart" with his mind. AdvertisementNeuralink has shared a video that appeared to show its first human patient using his brain-chip implant to play "Mario Kart." During an all-hands meeting with Neuralink staff, the company brought its first patient, 29-year-old Noland Arbaugh, onstage to describe the brain chip's capabilities. At the all hands, Neuralink showed a split-screen video of Donkey Kong and Bowser racing in the Mario Kart game. Hope y'all enjoy!… pic.twitter.com/YNa2Jtjhnk — Noland Arbaugh (@ModdedQuad) March 22, 2024The Neuralink worker also showed a separate video of Arbaugh playing "Mario Kart" alongside his father.

Persons: Neuralink, Mario, Noland Arbaugh, Arbaugh, —, Mario Kart, Bliss Chapman, he'd, Donkey Kong, Bowser, Chapman, Hope y'all, YNa2Jtjhnk — Noland Arbaugh, " Chapman, he's Organizations: Service, Donkey, Mario Kart, BCI

☆ Neuralink shares video of patient playing chess using signals from brain implant
▼ + stars: | 2024-03-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +5 min

Elon Musk's startup Neuralink streamed a live video on Wednesday that showed a patient using the company's brain implant to move a mouse and play chess on a computer. A BCI is a system that deciphers brain signals and translates them into commands for external technologies. Dr. Nader Pouratian, chair of the Department of Neurological Surgery at UT Southwestern Medical Center, said researchers have been developing and studying BCI technology for years. It is not clear how many patients are participating in Neuralink's trial, or what the trial is trying to demonstrate. There is reason to be hopeful about Neuralink's technology, said Dr. Marco Baptista, chief scientific officer of the Christopher & Dana Reeve Foundation, which provides resources to people who have become paralyzed.

Persons: Elon, Noland Arbaugh, Musk, Arbaugh, there's, Neuralink, Nader Pouratian, we've, Pouratian, Marco Baptista, Christopher, Dana Reeve, " Baptista Organizations: BCI, Blackrock, Neuroscience, SpaceX, Department of Neurological, UT Southwestern Medical Center, CNBC, U.S . Food, Drug Administration, Dana Reeve Foundation, PubMed Locations: Brussels, Belgium, Synchron, U.S, Neuralink

Without ever clicking a mouse or touching a screen, Mark selected this command on his computer simply using signals from his brain. “I figured I had two choices: I could wallow in self-pity, or I could pick myself up by the bootstraps and do what I could to help,” Mark said. Synchron’s brain implant, the one Mark has, is called a Stentrode and consists of a stent with electrode sensors that can detect electrical brain activity. That external transmitter sits right above the internal transmitter and carries the signal from Mark’s brain to the computer almost instantaneously. Earlier this month, Musk also said Neuralink’s first human trial participant can control a computer mouse with their brain.

Persons: Sanjay Gupta’s, Erin Burnett OutFront, CNN —, Mark, Lou Gehrig’s, ” Mark, Elon Musk, ”, “, Sanjay Gupta, Synchron, Tom Oxley, hardwired, he’s, Mark didn’t, “ We’d, Maria Nardozzi, ” Oxley, CNN Mark, Musk’s Neuralink, Oxley, António Guterres, ” Elon Musk, Gonzalo Fuentes, Neuralink, Musk, Hope Organizations: CNN, BCI, US Food and Drug Administration, Netflix, US Securities and Exchange Commission, United Nations, Reuters, SpaceX Locations: Neuralink, UNESCO’s, Pennsylvania

☆ Neuralink is less advanced than these 4 brain-computer devices. See Elon Musk's competition.
▼ + stars: | 2024-02-08 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +10 min

Elon Musk's brain-computer interface company, Neuralink, has implanted into a first human patient. AdvertisementElon Musk announced his brain interface company, Neuralink , implanted its first human brain chip last week. Courtesy of Blackrock NeurotechToday, most people who have a BCI implanted in their head have a Blackrock device. For now, all implanted BCIs are a way for people with severe forms of paralysis to regain independence, using their thoughts to control devices and access the internet. The neurodegenerative condition rendered key muscles in her face limp, but a BCI device is helping her communicate again.

Persons: Elon, Musk, who've, —, Elon Musk, you'd, Blackrock Neurotech, Florian Solzbacher, Marcus Gerhardt, BrainGate Pat Bennett, Steve Fisch, Stanford Medicine BrainGate, Matthew Nagle, Nagle, they're, Gerhardt, Leigh Hochberg, Synchron, Dr, Thomas Oxley, Angela Weiss, stentrode, Musk —, Max Hodak, Hodak, didn't, Ann Johnson, Dutchman Gert, Jan Oksam, Oksam, we'll, Stephen Hawking Organizations: BCI, Service, Twitter, Blackrock, Blackrock Neurotech, Stanford Medicine, Brown University, BrainGate, Getty Images, Reuters, Bloomberg, University of California, Lausanne University, California –, Elon Locations: Massachusetts, Utah, Blackrock, Getty Images Brooklyn, Australia, San Francisco, Switzerland, California

☆ Neuralink competitor Synchron to ramp up brain implant production with equity stake in manufacturer
▼ + stars: | 2024-02-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. Synchron announced Thursday that it has acquired a minority equity stake in the German manufacturer Acquandas, which has the unique ability to layer the metals that make up one component of the company's implant. Founded in 2012, Synchron has developed a brain-computer interface, or a BCI, called the Synchron Switch. During initial studies, Synchron has so far implanted six patients in the U.S. and four patients in Australia. Synchron declined to share the specific size of Synchron's stake in Acquandas or the exact number of devices it is producing.

Persons: Philip O'Keefe, Synchron, Tom Oxley, Riki Banerjee, Oxley, Acquandas Organizations: BCI, U.S . Food, Drug Administration, CNBC Locations: U.S, Australia, Acquandas

☆ Elon Musk's Neuralink implants brain tech in human patient for the first time
▼ + stars: | 2024-01-29 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

The company is developing a brain implant that aims to help patients with severe paralysis control external technologies using only neural signals. The in-human clinical trial marks just one step on Neuralink's path toward commercialization. Neuralink did not disclose how many human patients will participate in its initial in-human trial. Paradromics is aiming to launch its first trial with human patients in the first half of this year. Precision Neuroscience carried out its first in-human clinical study last year.

Persons: Elon, Neuralink, Musk, Stephen Hawking, Blackrock Neurotech, Tom Oxley's Organizations: U.S . Food, Drug Administration, FDA, SpaceX, BCI, Neuroscience, Paradromics, Blackrock Locations: U.S

☆ Can you hack your brain? These companies are driving innovation in the field of brain stimulation
▼ + stars: | 2023-11-21 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

These forms of deep brain stimulation require a surgical procedure during which electrodes — which generate electrical impulses to control any abnormal brain activity — are implanted into certain areas of the brain. With enough advancement in the field, doctors expect brain stimulation techniques for both severe disorders and health-and-wellness purposes will ultimately become noninvasive. Three major players There are only three companies with FDA-approved deep brain stimulation, or DBS, treatments: Medtronic , Abbott Laboratories and Boston Scientific . The spinal cord stimulation, or SCS, business is a hotbed of innovation right now, deep brain stimulation also is a key area." There is still plenty of doubt, however, about the efficacy of at-home brain stimulation devices, which offer a less direct approach to brain stimulation and don't always require FDA oversight.

Persons: —, Bernstein, Lee Hambright, Hambright, Ali Rezai, Medtronic, Abbott, Rezai, Morningstar, Debbie Wang, Wang, Elon Musk, it's Elon Musk's, Casey Halpern, it's, Halpern, Taiwan's Organizations: Drug Administration, FDA, Abbott Laboratories, Boston, Rockefeller Neuroscience, West Virginia University, American Neuromodulation Society, Boston Scientific, DBS, FactSet, Neuroscience, BCI, University of Pennsylvania, TMS Locations: neuromodulation

☆ MSCI announces results of quarterly index review
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Thomas White/Illustration/File Photo Acquire Licensing RightsNov 14 (Reuters) - Index provider MSCI (MSCI.N) said on Tuesday that 46 securities will be added to and 69 deleted from its widely-followed MSCI ACWI stock index, while 14 will be added and two deleted from its frontier markets stock index. Changes will be implemented as of the market close on Nov. 30, MSCI announced in its quarterly index review. The three largest additions to the MSCI ACWI from developed markets will be Vertiv Holdings (VRT.N) and Celsius Holdings (CELH.O) from the United States, and Italy’s Leonardo (LDOF.MI). It will also add 16 and delete 25 securities from the MSCI China All Shares Index. The largest additions will be these same companies.

Persons: Thomas White, MSCI, Italy’s Leonardo, Rodrigo Campos, Chris Reese Organizations: Vertiv Holdings, Holdings, Tata Motors, Indonesia’s Amman Mineral, Frontier, Stock Commercial Bank, Oman International Development & Investment Company, Banque Marocaine pour, CGN, Co, Shanghai United Imaging Healthcare, Empyrean Technology, Thomson Locations: United States, Indonesia’s Amman, China, Vietnam, Oman, Banque Marocaine pour le, Shanghai

☆ Neuralink competitor Precision Neuroscience buys factory to build its brain implants
▼ + stars: | 2023-10-05 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

In this article BLK Follow your favorite stocks CREATE FREE ACCOUNTEmployees working in Precision's manufacturing facility Courtesy: Precision NeuroscienceNeurotech startup Precision Neuroscience announced Thursday it has acquired a factory in Dallas, where it will build the key component of its brain implant, the Layer 7 Cortical Interface. Precision said the manufacturing plant is the only facility capable of producing its "sophisticated" electrode array. Stephanie Rider of Precision Neuroscience inspects the company's microelectrode array Source: Precision NeuroscienceAs a member of the fast-growing brain-computer interface (BCI) industry, Precision is developing its technology alongside other companies like Synchron, Paradromics, Blackrock Neurotech and Elon Musk's Neuralink. At the request of the seller, a Japanese multinational corporation, Precision declined to share how much the manufacturing facility cost. Employees working in Precision's manufacturing facility Courtesy: Precision Neuroscience

Persons: we've, Michael Mager, Stephanie Rider, Elon Musk's, Precision's, Benjamin Rapoport, Neuralink, Musk, Mager Organizations: Neuroscience, CNBC, Blackrock Neurotech, Elon Musk's Neuralink, SpaceX, Neuralink, Employees Locations: Dallas, Paradromics

☆ Elon Musk's Neuralink is recruiting patients for its first human trial
▼ + stars: | 2023-09-20 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Elon Musk's neurotech startup Neuralink will begin recruiting patients for its first in-human clinical trial, the company announced in a blog post. Patients who participate in the trial will have to undergo invasive brain surgery. Neuralink is building a brain implant that aims to help people with severe paralysis control external technologies using only neural signals. As of September, no BCI company has managed to clinch the FDA's final seal of approval. But by receiving the go-ahead to recruit for a study with human patients, Neuralink is one step closer.

Persons: Elon, Neuralink, Musk, Tesla Organizations: Food and Drug Administration, SpaceX, BCI

☆ Musk's Neuralink to start human trial of brain implant for paralysis patients
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

Neuralink logo and Elon Musk photo are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 19 (Reuters) - Billionaire entrepreneur Elon Musk's brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board to begin recruitment for the first human trial of its brain implant for paralysis patients. It is not known how many patients the FDA ultimately approved. Musk has grand ambitions for Neuralink, saying it would facilitate speedy surgical insertions of its chip devices to treat conditions like obesity, autism, depression and schizophrenia. Reporting by Mariam Sunny in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon, Dado Ruvic, Elon Musk's, Neuralink, Musk, Mariam Sunny, Pooja Desai Organizations: REUTERS, Billionaire, U.S . Food, Drug Administration, FDA, BCI, Thomson Locations: Bengaluru

BEIRUT (AP) — The U.S. Treasury on Tuesday slapped terrorism sanctions on a family network of seven individuals and businesses in Lebanon and South America accused of financing the militant group Hezbollah, including a Lebanese man who officials say was involved in two deadly attacks in Argentina in the 1990s. The Iran-backed group is designated a “foreign terrorist organization," and Washington also claims that the group has been involved in drug trafficking in Latin America to generate revenue. Rada, according to the Treasury, spent over a decade in South America before relocating to Lebanon. Political Cartoons View All 1154 ImagesRada's brother, Samer, was also sanctioned and accused of being involved in various drug trafficking and money laundering operations across Latin America. The Treasury also slapped sanctions on Lebanon-based company Black Diamond SARL and owner Ali Ismail Ajrouch.

Persons: Amer Mohamed Akil Rada, ”, “, Brian Nelson, Mehdi Akil Helbawi, Diamond SARL, Ali Ismail Ajrouch Organizations: Treasury, Argentine, Israelite Mutual Association, Embassy, Rada, BCI Technologies Locations: BEIRUT, U.S, Lebanon, South America, Lebanese, Argentina, Buenos Aires, Iran, Washington, America, Colombia, Latin America, Belize, El Salvador, Venezuelan

☆ Neuralink competitor Precision Neuroscience conducts its first clinical study to map human brain signals
▼ + stars: | 2023-06-23 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

He was standing in a busy operating room in West Virginia, waiting for a surgeon to place Precision Neuroscience's neural implant system onto a conscious patient's brain for the first time. In seconds, a real-time, high-resolution rendering of the patient's brain activity washed over a screen. According to Precision, the system had provided the highest resolution picture of human thought ever recorded. The company's flagship BCI system, the Layer 7 Cortical Interface, is an electrode array resembling a piece of scotch tape. Since the technology worked as expected, future studies will explore further applications in clinical and behavioral contexts, Mermel said.

Persons: Craig Mermel, Mermel, Elon, Blackrock Neurotech Organizations: Precision, CNBC, Neuralink, Neuroscience, BCI, Blackrock Locations: West Virginia, Paradromics

☆ Elon Musk's brain implant company Neuralink announces FDA approval of in-human clinical study
▼ + stars: | 2023-05-25 | by ( Ashley Capoot | ) www.cnbc.com time to read: +4 min

Neuralink, the neurotech startup co-founded by Elon Musk, announced Thursday it has received approval from the Food and Drug Administration to conduct its first in-human clinical study. A BCI is a system that deciphers brain signals and translates them into commands for external technologies. But receiving FDA approval for a commercial medical device is no small task — it requires companies to successfully conduct several extremely thorough rounds of testing and data safety collection. But by receiving the go-ahead for a study with human patients, Neuralink is one step closer to market. The FDA's approval for an in-human study is a significant win for Neuralink after a series of recent hurdles at the company.

☆ A paralyzed man can walk again using a groundbreaking mind-reading brain implant
▼ + stars: | 2023-05-24 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +4 min

A paralyzed man has regained the ability to walk using spinal cord stimulation he controls with his mind. He emerged alive, but unable to use his legs due to a spinal cord injury. "He's able to pause, he's able to traverse more complex terrain, he's able to climb stairs." Two have spinal cord injuries, and two will be hoping to "move their hands and arms again," he said. Other BCI companies, including Elon Musk's Neuralink, have really only used BCI technology to control things, like keyboards, or computer mice.

☆ Neuralink competitor Paradromics gets one step closer to FDA approval for its brain implant
▼ + stars: | 2023-05-18 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Paradromics, founded in 2015, is developing a brain implant that could help patients with severe paralysis regain their ability to communicate by deciphering their neural signals. A BCI is a system that deciphers brain signals and translates them into commands for external technologies. As of May, no BCI company has managed to clinch the FDA's final seal of approval. Paradromics' BCI, the Connexus Direct Data Interface, is an assistive communication device that translates neural signals into text or synthesized speech. An array of tiny electrodes is implanted directly into the brain tissue, where it measures and deciphers brain signals that are ultimately emitted to external devices through a transceiver that sits under the skin in the chest.

March 27 (Reuters) - Elon Musk's brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner as it prepares to test its devices on humans once regulators allow for it, according to six people familiar with the matter. Barrow has helped standardize brain implant surgeries in which the patient can remain asleep, a key step in making it more acceptable to a broad set of the population, Ponce said. This is in line with Musk's vision for Neuralink's brain chip. The billionaire CEO of Tesla Inc (TSLA.O) and majority owner of Twitter has said Neuralink's brain implants will become as ubiquitous as Lasik eye surgery. Neuralink's implant is a brain computer interface (BCI) device, which uses electrodes that penetrate the brain or sit on its surface to provide direct communication to computers.

☆ Grimes said she got a brain gadget for her birthday from a company competing with Elon Musk's Neuralink
▼ + stars: | 2023-03-22 | by ( Grace Kay | Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Neurosity's device is designed to help people focus, but some developers are using it as a BCI. "Getting a non invasive brain computer interface for my birthday (!!!!? Grimes' birthday 'Crown' measures brain activity, and is designed to help people focusNeurosity's headset uses electroencephalogram technology, or EEG, to measure brain activity by placing small metal electrodes on a person's scalp. In a now-deleted tweet, the singer said Neurosity's device allowed her to use her mind to move a cursor. Meanwhile, Neurosity's device is already on the market.

☆ Neuralink competitor Science launches new platform to accelerate medical device innovation
▼ + stars: | 2023-03-13 | by ( Ashley Capoot | ) www.cnbc.com time to read: +4 min

Biotechnology startup and Neuralink competitor Science on Monday launched a new platform that aims to make it easier for other companies to quickly develop and produce medical devices. For many startups, that cost is too much to bear, but Hodak is hoping Science Foundry can help. The company's new platform Science Foundry aims to support companies working on similarly ambitious ideas. The cost of using Science Foundry is comparable to the cost of working with academic facilities, which are "cheap to get started," Hodak said. Hodak said the platform will benefit Science and the broader industry as a whole.

☆ U.S. regulators rejected Elon Musk’s bid to test brain chips in humans, citing safety risks
▼ + stars: | 2023-03-02 | by ( Rachael Levy | Marisa Taylor | ) www.cnbc.com time to read: +19 min

Companies that do secure human-testing approval typically conduct at least two rounds of trials before applying for FDA approval to commercially market a device. "Everybody in the industry was saying: 'Oh my God, they're going to run straight into a brick wall,'" Ludwig said of Musk's bid for FDA approval. For example, NeuroPace, which makes the brain implant to treat epilepsy, received final FDA approval in 2013 – 16 years after the company's launch. Beyond grants, it provides access to government experts who advise on how to gain FDA approval and commercialize a device. Musk's emails to Neuralink staffers often come from his SpaceX address, said two people who reviewed them.

☆ U.S. regulators rejected Elon Musk’s bid to test brain chips in humans
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +23 min

Musk’s missed deadlines for FDA approval of Neuralink July 2019:Musk says Neuralink is aiming to receive regulatory approval for human trials of brain implants by the end of 2020. “Everybody in the industry was saying: ‘Oh my God, they’re going to run straight into a brick wall,’” Ludwig said of Musk’s bid for FDA approval. For example, NeuroPace, which makes the brain implant to treat epilepsy, received final FDA approval in 2013 – 16 years after the company’s launch. The FDA’s concerns about the battery are also potentially serious, experts in brain devices said. Still, that proposal disappointed Neuralink because it could delay progress toward final FDA approval, one of the sources said.

☆ Brain implant startup backed by Bezos and Gates is testing mind-controlled computing on humans
▼ + stars: | 2023-02-18 | by ( Ashley Capoot | ) www.cnbc.com time to read: +7 min

Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, using his BCI. Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. About 20 months earlier, O'Keefe was implanted with Synchron's BCI. Synchron's technology has caught the attention of its competitors. Source: SynchronIn January, the medical journal JAMA Neurology published the peer-reviewed, long-term safety results from a trial of Synchron's BCI system in Australia.

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