US EditionChina’s Brain Startups Take on Musk’s Neuralink in New Tech Race
China's government supports brain implant startups through streamlined regulation and insurance reimbursements, aiming for global leadership by 2030 while US funding declines by 20%, experts say.
5 Articles
5 Articles
For years, U.S. companies like Elon Musk’s Neuralink have led the industry with state-of-the-art procedures that implant chips into patients’ brains. But American leadership in the cutting-edge field of brain technology is becoming increasingly challenged as Chinese startups emerge with the support of a full-machine drive policy. A wave of high-powered Asian startup clinical trials is changing that narrative. A video released in May by Shanghai …
China advances brain implant technology
China has a major advantage when it comes to making advances in brain implants: a whole government approach that cuts through red tape. That is helping companies like Shanghai StairMed Technology make inroads against US players like Elon Musk’s Neuralink. “The US still holds the lead when it comes to full system-level development,” StairMed’s founder Zhengtuo Zhao told Bloomberg. “But we’re catching up quickly, and leading in some specific areas…
China’s Brain Implant Startups Take On Musk’s Neuralink in New Tech Race
America’s leadership in the cutting-edge field of brain technology is being challenged as Chinese startups rise with the support of a full-throttle policy drive. For years, US companies like Elon Musk’s Neuralink Corp. have led the industry with state-of-the-art procedures implanting chips into patients’ brains. A wave of clinical trials by Chinese startups this year […] The post China’s Brain Implant Startups Take On Musk’s Neuralink in New Tec…
A look at China's brain-computer interface industry as startups like BrainCo grow with state support; CCID says the sector is worth ~$450M, growing 20% annually
Bloomberg: A look at China's brain-computer interface industry as startups like BrainCo grow with state support; CCID says the sector is worth ~$450M, growing 20% annually — Despite a late foray into the brain technology industry, Chinese startups have made rapid strides in recent years to challenge US companies.
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