Elon Musk announced the successful implantation of Neuralink's first brain chip in a human, showcasing the startup's advancement in brain-chip technology.

Musk shared that the recipient of the brain chip implant, done on Sunday, is recovering well. This marks a significant milestone for Neuralink in its mission

The US Food and Drug Administration (FDA) granted Neuralink clearance last year to conduct its initial trial for testing the brain-chip implant on humans

The ongoing Prime study by Neuralink focuses on evaluating the safety of both the brain chip implant and the surgical robot

Neuralink faced challenges on the regulatory front, with Reuters reporting fines for breaching US Department of Transportation (DoT) regulations related to hazardous material transportation