S&P 5007,709.96▼0.2% Nasdaq26,348.35▼0.1% Dow53,885.10▼0.8% Russell 2K3,001.55▼0.6% 10-Yr4.67%+5bp VIX15.15−0.66 WTI$78.07▲3.8% Gold$4,292.00▲1.1% EUR/USD1.152▼0.3% BTC$64,921▲0.0% Nikkei65,101▼1.8%
At close · Fri, Aug 7, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsChinaChina firms race to make brain-computer interfaces imp…

China firms race to make brain-computer interfaces implant in minutes

StairMed has raised more than 1.1 billion yuan in the past year and tested a minimally invasive BCI delivery technique in sheep, with no human trials yet.

Chinese start-ups and researchers are racing to commercialize brain-computer interfaces that can be implanted via blood vessels in just minutes, as Beijing seeks to build home-grown players to compete with Elon Musk’s Neuralink, according to SCMP Economy.

StairMed Technology, a Shanghai-based company involved in the effort, is developing a minimally invasive delivery method that enters through blood vessels in the neck and guides the device through the vascular system directly into the brain, using the vein-like approach described by its co-founder Zhao Zhengtuo at the Global Health Summit in Hong Kong on Saturday.

The company says it has raised more than 1.1 billion yuan, about US$163 million, over the past year, with investors including Tencent Holdings and Alibaba Group Holding, which owns the South China Morning Post.

StairMed unveiled a program in December, in partnership with a research team at the Chinese Academy of Sciences, to insert BCIs into a targeted brain region and anchor them outside the vessel wall, and it has tested the technique on sheep but has not yet begun human trials.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.