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Factbox: Neuralink: what you need to know about Elon Musk's brain chip company

Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that would enable the paralyzed to walk and the blind to see.

Here is more on what Neuralink does.

WHAT IS NEURALINK DEVELOPING?

Founded in 2016 by Musk and a group of engineers, Neuralink is building a brain chip interface that can be implanted within the skull, which it says could eventually help disabled patients to move and communicate again, and also restore vision.

Neuralink's device has a chip that processes and transmits neural signals that could be transmitted to devices like a computer or a phone.

The company hopes that a person would potentially be able to control a mouse, keyboard or other computer functions like text messaging with their thoughts.

"First @Neuralink product will enable someone with paralysis to use a smartphone with their mind faster than someone using thumbs," Musk said in April 2021.

Neuralink also believes its device will eventually be able to restore neural activity inside the body, allowing those with spinal cord injuries to move limbs. The San Francisco and Austin-based company also aspires to cure neurological conditions such as Alzheimer's and dementia.

WHAT PROGRESS HAS NEURALINK MADE?

Neuralink has produced several examples of testing aspects of its technology successfully on animals, including a video in 2021 that showed a macaque playing a simple videogame after being implanted with a brain chip. In a presentation webcast last week, the company showcased improvements in the speed and capabilities of the chip.

WHAT HURDLES FOR NEURALINK NEXT?

Neuralink has yet to secure U.S. regulatory approval to move to human trials - unlike competitor Synchron, which has less ambitious goals for its medical advances. Neuralink has missed Musk's publicly stated deadlines to start human trials and this year submitted its application to the Food and Drug Administration to begin them. Musk said last week he believes Neuralink can start human clinical trials in six months.

CONTROVERSY AROUND ANIMAL TESTING

The company is facing a federal probe for potential animal-welfare violations at a time when its staff has complained that the testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters and sources familiar with the investigation and company operations.

In all, the company has killed about 1,500 animals, including more than 280 sheep, pigs and monkeys, following experiments since 2018.

Source: Reuters

Factbox: Neuralink: what you need to know about Elon Musk's brain chip company

Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that would enable the paralyzed to walk and the blind to see.

Here is more on what Neuralink does.

WHAT IS NEURALINK DEVELOPING?

Founded in 2016 by Musk and a group of engineers, Neuralink is building a brain chip interface that can be implanted within the skull, which it says could eventually help disabled patients to move and communicate again, and also restore vision.

Neuralink's device has a chip that processes and transmits neural signals that could be transmitted to devices like a computer or a phone.

The company hopes that a person would potentially be able to control a mouse, keyboard or other computer functions like text messaging with their thoughts.

"First @Neuralink product will enable someone with paralysis to use a smartphone with their mind faster than someone using thumbs," Musk said in April 2021.

Neuralink also believes its device will eventually be able to restore neural activity inside the body, allowing those with spinal cord injuries to move limbs. The San Francisco and Austin-based company also aspires to cure neurological conditions such as Alzheimer's and dementia.

WHAT PROGRESS HAS NEURALINK MADE?

Neuralink has produced several examples of testing aspects of its technology successfully on animals, including a video in 2021 that showed a macaque playing a simple videogame after being implanted with a brain chip. In a presentation webcast last week, the company showcased improvements in the speed and capabilities of the chip.

WHAT HURDLES FOR NEURALINK NEXT?

Neuralink has yet to secure U.S. regulatory approval to move to human trials - unlike competitor Synchron, which has less ambitious goals for its medical advances. Neuralink has missed Musk's publicly stated deadlines to start human trials and this year submitted its application to the Food and Drug Administration to begin them. Musk said last week he believes Neuralink can start human clinical trials in six months.

CONTROVERSY AROUND ANIMAL TESTING

The company is facing a federal probe for potential animal-welfare violations at a time when its staff has complained that the testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters and sources familiar with the investigation and company operations.

In all, the company has killed about 1,500 animals, including more than 280 sheep, pigs and monkeys, following experiments since 2018.

Source: Reuters

Factbox: Neuralink: what you need to know about Elon Musk's brain chip company

Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a brain chip that would enable the paralyzed to walk and the blind to see.

Here is more on what Neuralink does.

WHAT IS NEURALINK DEVELOPING?

Founded in 2016 by Musk and a group of engineers, Neuralink is building a brain chip interface that can be implanted within the skull, which it says could eventually help disabled patients to move and communicate again, and also restore vision.

Neuralink's device has a chip that processes and transmits neural signals that could be transmitted to devices like a computer or a phone.

The company hopes that a person would potentially be able to control a mouse, keyboard or other computer functions like text messaging with their thoughts.

"First @Neuralink product will enable someone with paralysis to use a smartphone with their mind faster than someone using thumbs," Musk said in April 2021.

Neuralink also believes its device will eventually be able to restore neural activity inside the body, allowing those with spinal cord injuries to move limbs. The San Francisco and Austin-based company also aspires to cure neurological conditions such as Alzheimer's and dementia.

WHAT PROGRESS HAS NEURALINK MADE?

Neuralink has produced several examples of testing aspects of its technology successfully on animals, including a video in 2021 that showed a macaque playing a simple videogame after being implanted with a brain chip. In a presentation webcast last week, the company showcased improvements in the speed and capabilities of the chip.

WHAT HURDLES FOR NEURALINK NEXT?

Neuralink has yet to secure U.S. regulatory approval to move to human trials - unlike competitor Synchron, which has less ambitious goals for its medical advances. Neuralink has missed Musk's publicly stated deadlines to start human trials and this year submitted its application to the Food and Drug Administration to begin them. Musk said last week he believes Neuralink can start human clinical trials in six months.

CONTROVERSY AROUND ANIMAL TESTING

The company is facing a federal probe for potential animal-welfare violations at a time when its staff has complained that the testing is being rushed, causing needless suffering and deaths, according to documents reviewed by Reuters and sources familiar with the investigation and company operations.

In all, the company has killed about 1,500 animals, including more than 280 sheep, pigs and monkeys, following experiments since 2018.

Source: Reuters

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Understanding Intellectual Property: Types, Examples, and Importance - P8

Shidonna Raven
17 hours ago
1 min read

Reviewed by

Khadija Khartit

Fact checked by

Fact checked by Jared Ecker

Updated August 05, 2025

Source: Investopedia

Photo / Image Source: Unsplash,

Overview of Intellectual Property Categories

Intellectual property can consist of many types of intangibles.

Trade Secrets

A trade secret is a company's process or practice that isn't public information and provides an economic benefit or advantage to the company or holder of the trade secret. Companies must actively guard trade secrets, which usually come from their research and development (R&D). This is why some employers require the signing of non-disclosure agreements (NDAs).

Examples of trade secrets could be a design, pattern, recipe, formula, or proprietary process. Trade secrets are used to create a business model that differentiates the company's offerings to its customers by providing a competitive advantage.

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