According to a blog post posted on Wednesday by Neuralink, Musk's brain-computer interface company, Noland Arbaugh, the first human to receive a brain chip implant, had a problem with the implant, and the amount of data captured in the subject's brain had decreased. Some of the data is lost due to the detachment of some threads implanted in the brain. Despite the reduced capacity of the implants, the company completed a live demonstration of Arbaugh playing chess. According to people familiar with the matter, Neuralink believes one cause may be due to Arbaugh's intracranial pneumocele after surgery. This issue does not appear to pose a threat to its security. But the implant in Arbaugh's brain may face removal. Internally, Neuralink anticipates challenges with its first tests in human patients and remains optimistic that this issue can be addressed.

Elon Musk posted on the X platform that the first product of brain-computer interface company Neuralink is called "Telepathy". According to Musk, the product will be able to control a phone or computer with just a mind, and use them to control almost any device, and the initial users will be those who have lost the function of their limbs. As a result, the Bitcoin Inscription Consensus Layer Project Telepathy Governance Inscription TEL3 Floor Price rose to 434 sats.

According to a filing with the SEC, Musk's brain-computer interface company Neuralink received another $43 million in venture capital. Neuralink has not publicly disclosed its valuation, but in June it was revealed that the company was valued at about $5 billion, according to people familiar with the matter. Brain signal reading implants are a decades-old technology, and Neuralink's innovation lies in making the implants wireless and increasing the number of implanted electrodes. The company plans to implant chips for more than 22,000 people by 2030. (Finance Associated Press)