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☆ Musk's Neuralink brain implant company cited by FDA over animal lab issues
▼ + stars: | 2024-02-29 | by ( ) www.cnbc.com time to read: +2 min

The inspectors identified quality control lapses at the company's California animal research facility. Those visits took place last year from June 12-22, and represent the FDA's sole inspections of Neuralink facilities on record. The laboratory problems identified by FDA inspectors included missing calibration records for instruments such as a pH meter used in one of the studies. An animal welfare advocacy group, Physicians Committee for Responsible Medicine, submitted a formal complaint to both USDA and FDA over the alleged breaches. In July, the USDA said it did not find any violations of its animal research rules beyond a 2019 incident that Neuralink had already reported.

Persons: Elon Musk's, Jerry L, Chapman, Lou Gehrig's, Neuralink Organizations: Food, Drug Administration, Elon, Elon Musk's Neuralink, Reuters, Redica Systems, FDA, U.S . Department of Agriculture, Physicians, Responsible Medicine Locations: California, Neuralink's Texas

☆ The FDA reportedly identified quality-control issues at a Neuralink animal lab shortly after Elon Musk said the startup was cleared to start human tests
▼ + stars: | 2024-02-29 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Neuralink had said in May 2023 that it had been cleared by the FDA to begin human trials of its technology, which has since implanted its first brain chip in a person. The company's site in Texas did not have the same issues, Reuters reported, citing FDA records. An FDA spokesperson did not immediately respond to a request for comment from Business Insider ahead of publication. A spokesperson for Neuralink did not respond to a request for comment from BI or Reuters. Musk said the company kicked off human trials earlier this year and successfully implanted its first chip in a patient.

Persons: —, Elon Musk's Neuralink, Neuralink, Elon Musk, Musk Organizations: Service, US Food and Drug, Reuters, Business, FDA, Elon, US Department of Agriculture, Bloomberg, Occupational Safety, Health Administration, The Boring Company, SpaceX Locations: California, Texas, Las Vegas

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 faced many challenges in its bid to implant humans with brain chips. Here are the key takeaways.
▼ + stars: | 2024-02-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Elon Musk's firm Neuralink said it's successfully implanted a brain chip in its first human patient. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's futuristic company Neuralink has implanted a brain chip into its first human patient. In 2019, Musk said Neuralink was aiming for approval for human trials by the end of 2020. In November last year, the company faced renewed scrutiny over the deaths of Neuralink's test monkeys.

Persons: Elon, Neuralink, it's, —, Musk, Gary Gensler, Stephen Hawking Organizations: Service, Elon, FDA, Reuters, Food and Drug Administration, Wired, SEC

☆ Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer said Thursday he believes Jensen Huang — the co-founder and CEO of leading artificial intelligence chipmaker Nvidia — is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has long been invested in Nvidia. Cramer has espoused the brilliance of Huang for years and even re-named his dog Nvidia. Ahead of earnings this time, Cramer equated Huang to popstar Taylor Swift , saying their success is unparalleled in their respective fields. And Musk is creating, singlehandedly, a way to be able to deliver things," Cramer continued.

Persons: CNBC's Jim Cramer, Jensen Huang —, Nvidia —, Elon Musk, Jensen, Cramer, Huang, Leonardo da Vinci, popstar Taylor Swift, Musk, Barnum Organizations: Nvidia, SpaceX, Trust, CNBC, Microsoft, Apple, Cramer's Trust, Ringling Bros, Barnum, Bailey Locations: Santa Clara , California

☆ Elon Musk says first Neuralink patient can control a computer mouse through thinking
▼ + stars: | 2024-02-20 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

A patient implanted with Neuralink's brain technology can now control a computer mouse just by thinking, the company's founder Elon Musk said. "[The] patient seems to have made a full recovery with no ill effects that we are aware of and is able to control the mouse, move the mouse around the screen just by thinking," Musk said in a Spaces session on social media platform X.Neuralink is the billionaire's startup, which says it has developed a brain implant designed to help humans use their neural signals to control external technologies. The company aims to restore lost capabilities such as vision, motor function and speech. Neuralink was not immediately available for comment.

Persons: Elon Musk, Musk, Neuralink

☆ First Neuralink human trial subject can control a computer mouse with brain implant, Elon Musk says
▼ + stars: | 2024-02-20 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk says Neuralink’s first human trial participant can control a computer mouse with their brain, nearly one month after having the company’s chip implanted. Trial patients will have a chip surgically placed in the part of the brain that controls the intention to move. Like existing brain-machine interfaces, the company’s implant would collect electrical signals sent out by the brain and interpret them as actions. Before Neuralink’s brain implants hit the broader market, they’ll need regulatory approval. Elon Musk's Neuralink aims to one day let humans control computers with their minds.

Persons: New York CNN — Elon Musk, ” Musk, “ We’re, we’re, ”, Musk, Neuralink, Stephen Hawking, Elon Musk's, Gabby Jones, Sychron, –, Madhok, Jen Christensen Organizations: New, New York CNN, Bloomberg, Getty, Reuters Locations: New York

☆ Elon Musk says Neuralink's first patient can move a computer mouse 'by just thinking'
▼ + stars: | 2024-02-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Elon Musk claims Neuralink's first human patient can move a computer mouse by thinking. The neurotech firm implanted its device into the first human patient in January. Neuralink's brain-chip implant, Telepathy, was approved for human trials by the FDA last May. AdvertisementElon Musk said Neuralink’s first human patient to receive a brain-chip implant can now move a computer mouse cursor using their mind alone. The FDA initially rejected Neuralink’s request last March to start human trials, Reuters reported, over concerns that included the chip possibly overheating.

Persons: Elon Musk, —, Musk, “ We’re, we’re, Neuralink, Neuralink’s, Neuralink didn’t Organizations: FDA, Service, Food and Drug Administration, Reuters, Business

NEW YORK (AP) — The New York Times was honored Monday with George Polk Awards for Foreign Reporting and Photojournalism for its coverage of the war between Israel and Hamas. They were among Polk Awards winners announced Monday in 13 categories. In all, five of the prestigious journalism prizes were for coverage of the Israel-Gaza and Russia-Ukraine wars. The winners will be honored in April as the university marks the 75th anniversary of the awards. That prize was established by journalist Jane Freiman Schanberg to honor long-form investigative or enterprise journalism and comes with a $25,000 award.

Persons: George Polk, Photographers Samar Abu Elouf, Yousef Masoud, “, ”, John Darnton, Elon Musk, Osher, Julia Cardi, Joshua Kaplan, Justin Elliott, Alex Mierjeski, Brett Murphy, ProPublica, Clarence Thomas, Jason Motlagh, Jane Freiman Schanberg, Luke Mogelson, Anna Werner, Brett Kelman, Fred Schulte, Holly K, Hacker, Daniel Chang, Julie Pace, Bob Woodward, Christiane Amanpour, Dean Baquet Organizations: New York Times, Foreign, Hamas, Photographers, University, Polk, CBS, Tesla, SpaceX, Supreme, New, The Gazette, Colorado Springs, Sydney Schanberg, Reuters, Yorker, CBS News, KFF Health, Food, Drug, Long, Long Island University, Journalism, Digital Media, Associated Press, Julie Pace , Washington Post, CNN Locations: Israel, Gaza, Long, Russia, Ukraine, New York, Haiti, Long Island, Manhattan, Julie Pace ,

☆ Mark Zuckerberg won't be lining up for a brain chip like Elon Musk's Neuralink anytime soon
▼ + stars: | 2024-02-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg is in no rush to try out Elon Musk's Neuralink brain-computer interface. The Meta CEO said on a podcast Friday, "I wouldn't want to use Version 1 of that." Musk said last month that Neuralink had its first human patient receive a brain chip implant. AdvertisementMark Zuckerberg is wary of trying out brain chip implants for now. The Meta CEO discussed brain-computer interfaces on an episode of the "Morning Brew Daily" podcast released Friday.

Persons: Mark Zuckerberg, Elon Musk's, Musk, Neuralink, —, wilder Organizations: Service

Elon Musk continues his flight from “the First State”Another Elon Musk-led company has moved its home base from Delaware as the tech billionaire continues to criticize the state after a judge there voided his nearly $56 billion payday at Tesla. Moving the incorporation of SpaceX, Musk’s privately held rocket giant, to Texas will help bolster the Lone Star State’s standing with business. Musk is making good on his threat to pull out of the state. It comes shortly after he relocated the incorporation of Neuralink, his brain implant company, to Nevada. Musk endorsed that view, writing that having a Delaware incorporation is a “guarantee of spurious litigation.”

Persons: Elon Musk, Elon, Musk’s, Tesla, ” Organizations: Tesla, SpaceX, Lone Star Locations: Delaware, Texas, Neuralink, Nevada, America

☆ SpaceX files to relocate to Texas after Elon Musk's spat with Delaware over pay package
▼ + stars: | 2024-02-15 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +3 min

SpaceX has filed to relocate its business incorporation from Delaware to Texas. The move follows a Delaware judge's decision to void CEO Elon Musk a $55 billion Tesla pay package. AdvertisementSpaceX, which was incorporated in the famously corporation-friendly Delaware, filed to relocate its business incorporation with the Texas Secretary of State, Bloomberg reported. SpaceX CEO Elon Musk publicly railed against the Diamond State and a judge's decision to void his $55 billion Tesla pay package. "The public vote is unequivocally in favor of Texas," Musk wrote on February 1.

Persons: Elon Musk, —, Musk, B7FLByL2dY — Elon, Tesla, Charles Elson Organizations: SpaceX, Service, Texas, State, Bloomberg, Diamond State, Business, Weinberg, Corporate, University of Delaware, Wall Street Locations: Delaware, Texas, Neuralink, Nevada, it's, Brownsville, Austin, Silicon Valley

☆ Elon Musk doubles down on his promise to ditch Delaware. SpaceX is headed for Texas incorporation
▼ + stars: | 2024-02-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —SpaceX wants to move its business incorporation location from Delaware to Texas, according to a Wednesday filing to the Texas Secretary of State. The move by the Elon Musk-owned company comes after a Delaware state judge struck down Musk’s 2018 Tesla pay package, siding with a shareholder who had challenged it as excessive. “SpaceX has moved its state of incorporation from Delaware to Texas!” Musk posted on X Wednesday. “Never incorporate your company in the state of Delaware,” Musk posted on X in January. After the pay package ruling, Musk said he is seeking shareholder approval to incorporate Tesla, another company that he leads, in Texas.

Persons: Musk, ”, Neuralink, ” Musk, “, Tesla, Madok, Allison Morrow Organizations: New, New York CNN, SpaceX, State, Elon Musk, United States ’, Bloomberg, Texas Locations: New York, Delaware, Texas, Nevada

☆ SpaceX files to move incorporation site from Delaware to Texas
▼ + stars: | 2024-02-14 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +1 min

SpaceX has filed to change its incorporation location to Texas from Delaware, according to public filings with the Texas Secretary of State. Neuralink, another one of Musk's companies, has also begun moving its location of incorporation from Delaware to Nevada. He has also promised that Tesla will hold a shareholder vote to get approval to move the company's site of incorporation to Texas. "SpaceX has moved its state of incorporation from Delaware to Texas!" Musk is expected to file for appeal to the Delaware State Supreme Court regarding his pay package.

Persons: Elon Musk, Tesla, Musk, didn't, Elon Organizations: SpaceX, USSF, U.S . Space Force, Missile Defense Agency, Texas, State, Elon, Delaware, Court, Twitter Locations: Cape Canaveral , Florida, U.S, Texas, Delaware, Nevada

☆ How Elon Musk's war on Delaware could change the way corporations make some of their biggest decisions
▼ + stars: | 2024-02-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

It remains to be seen what Tesla will do about Elon Musk's pay just a few weeks after a Delaware judge voided his $56 billion compensation package, the largest CEO pay package in public corporate history. But Musk has already made some big decisions, including a declaration of a war on the state of Delaware. "Never incorporate your company in the state of Delaware" Musk posted on X shortly after the decision. "Put simply, neither the Compensation Committee nor the Board acted in the best interests of the Company when negotiating Musk's compensation plan. But even as those figures have risen, Musk's compensation would be an "outlier among outliers," said Matteo Tonello, managing director at The Conference Board.

Persons: Elon Musk, Tesla, Elon Musk's, Musk, Chancellor Kathaleen McCormick, McCormick, Charles Elson, Todd Maron, Elson, Matteo Tonello Organizations: Elon, Twitter, Fortune, Weinberg, Corporate, Tesla, Company, The Conference Board Locations: Krakow, Poland, Delaware, Texas, Nevada

☆ Sergey Brin's ex-wife was the primary funder of an RFK Jr.-supporting Super Bowl ad panned by some in the Kennedy family
▼ + stars: | 2024-02-14 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Read previewThe Robert F. Kennedy Jr. -supporting Super Bowl ad that shook up the Kennedy family was backed by a tech-connected figure. This story is available exclusively to Business Insider subscribers. Advertisement"She's a very strong supporter of Robert F. Kennedy Jr.," Tony Lyons, a co-chairman of American Values 2024, told Business Insider on Tuesday. Kennedy, as Business Insider has previously reported, has made numerous false claims about vaccines and vaccine safety. Shanahan played a part in putting together the archival footage for the Kennedy ad.

Persons: —, Robert F, Kennedy Jr, Kennedy, Nicole Shanahan, Sergey Brin, ” Shanahan, John F, Tony Lyons, Bobby Kennedy, Shanahan, Bobby Shriver, Kennedy’s, Lyons, husband Brin, Elon Musk, Brin, Musk, Neuralink Organizations: Service, The New York Times, Times, Business, RFK, PAC, People Magazine

☆ Tesla board silent as investors await next steps after Elon Musk's $56 billion pay package revoked
▼ + stars: | 2024-02-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +7 min

Antonio Masiello | Getty ImagesTwo weeks after a Delaware court ruled that Tesla must rescind Elon Musk's $56 billion pay package, the company's board remains mum on what the decision means for shareholders or what's next for the mercurial CEO. CNBC sent requests for additional information to Tesla investor relations, Musk and some board members. "Given the high stakes involved, it is likely that Tesla will appeal the decision," Kastiel said in an email. In the absence of a successful appeal, "any new compensation arrangement with him will have to be assessed" in light of McCormick's decision, Kastiel said. Kastiel also said that the decision likely makes Musk and Tesla more vulnerable to other types of lawsuits.

Persons: Elon Musk, Antonio Masiello, Tesla, Chancellor Kathaleen McCormick, Musk, Richard Tornetta, Kimbal, Robyn Denholm, JB Straubel, Greg Varallo, Bernstein Litowitz Berger, Grossmann, Varallo, Kobi, Kastiel wasn't, Kastiel, Eric Talley, Talley, wasn't, He's, Walter Isaacson, CNBC's, you'll, Isaacson, Ann Lipton, Lipton, — Organizations: Tesla Inc, Fratelli, Getty, Elon Musk's, SEC, CNBC, Tel Aviv University, Washington University Law, Nasdaq, Columbia Law School, SpaceX, Tesla, Tulane Law Locations: Italy, Rome, Delaware, Texas, Tesla, Nevada, California

☆ Musk shifts Neuralink incorporation from Delaware to Nevada as he rails against $55 billion pay ruling
▼ + stars: | 2024-02-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

Elon Musk has pulled his brain implant company out of Delaware amid legal frustrations. "Never incorporate your company in the state of Delaware," he wrote on X, formerly Twitter. AdvertisementElon Musk has shifted the incorporation location of his brain-chip implant company Neuralink out of Delaware, reincorporating it in Nevada, Bloomberg reported. It comes after a series of frustrating legal setbacks for Musk in "The First State," including a judge striking down the Tesla CEO's $55 billion pay package. Musk previously moved the incorporation location of X to Nevada from Delaware after he changed its name, Bloomberg reported.

Persons: Elon Musk, —, Musk, reincorporate Tesla, Tesla, Neuralink Organizations: Service, Bloomberg, Fortune Locations: Delaware, Nevada, reincorporating, Texas

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla. Neuralink, which has its physical headquarters in Fremont, California, became a Nevada company on Thursday, according to state records. Delaware records also list the company's legal home as Nevada. “Never incorporate your company in the state of Delaware,” he wrote in one post after the court ruling. Musk, a co-founder of the privately held Neuralink, is listed as company president in Nevada documents.

Persons: Elon, Neuralink, Musk, Tesla, ”, “, Erik Gordon, Kathaleen St, Jude McCormick, McCormick, ‘, ’ ” McCormick, Musk’s, shouldn’t Organizations: Tesla, Austin, University of Michigan, Delaware, Musk, Forbes Locations: Delaware, Nevada, Fremont , California, Texas, “ Delaware, —

☆ Peter Thiel's 'Olympics on steroids' says it's considering letting athletes compete wearing Apple's Vision Pro
▼ + stars: | 2024-02-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Read previewThe CEO of the Enhanced Games — dubbed the "Olympics on steroids" by some — said that in addition to allowing performance-enhancing drugs, they are also open to athletes using tools like Apple's Vision Pro. "Imagine a javelin thrower using Vision Pro," he said, referring to the recently launched mixed-reality Apple headset. Earlier this week, retired Australian swimmer James Magnussen said he'd accepted an offer to compete at the Enhanced Games, making him the first athlete to do so. D'Souza said that the use of AR, VR, and mixed-reality technology might not be approved in time for the first Enhanced Games. Ultimately, the Enhanced Games are about "the future, technology, about progress," D'Souza said, contrasting it with the Olympic Games, which he described as being about Ancient Greece and the past.

Persons: —, Peter Thiel, Aron D'Souza, D'Souza, Elon Musk, James Magnussen, he'd, Magnussen, there's, that's Organizations: Service, Business, Olympic Games Locations: Greece

☆ 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

☆ Elon Musk's Neuralink implanted its first brain chip in a human's skull. Here's what we know about the surgery.
▼ + stars: | 2024-02-05 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Elon Musk said Neuralink successfully implanted its first brain chip in a human. Here's everything we know about the surgery that replaces a portion of your skull. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk said his brain-chip startup implanted its device in its first human patient on Monday. Here's what we know about the process, according to videos from the startup, as well as media reports.

Persons: Elon Musk, Neuralink, —, Musk Organizations: Service, Elon, US Food and Drug Administration

☆ Elon Musk hopes Neuralink test results will soon reveal that a patient controlled a phone with their thoughts
▼ + stars: | 2024-02-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

A progress report on the first human implanted with a Neuralink chip is due soon, Elon Musk said. Musk hoped the results would show the patient was able to control technology with their thoughts. The first human patient was implanted with a product called Telepathy last week, Musk said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElon Musk says more information about the first human Neuralink patient is coming this week.

Persons: Elon Musk, Musk, —, Lola Organizations: Service, Fab, Business

☆ Sorry Elon, Americans don't want a brain chip: poll
▼ + stars: | 2024-02-05 | by ( Walt Hickey | ) www.businessinsider.com time to read: +3 min

Elon Musk last week announced his company Neuralink has implanted its first chip in a human test subject. AdvertisementInterest from potential test subjects is rather slim, as is: just 2% would "definitely" consider getting a computer chip implanted in their brain "within the next year," below the margin of error for the poll. Overall, just 5% of respondents would at all consider getting a chip in the next year. Men were more than three times as likely as women (13% vs 4%) to be down for a commercially produced brain chip eventually. All told, 19% of respondents who said they read Dune would get a commercially available brain chip, and 11% of respondents who said they read Dune would get one this year.

Persons: Elon, —, Elon Musk, Richard Foreman Jr, it's, Flowers, Algernon, Frank Herbert's, Algernon — Organizations: Service, Democrats, Independents, Summit Entertainment Locations: Silicon

☆ 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

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