Jeff Bezos, Bill Gates team up to beat rival Elon Musk's Neuralink

Tech billionaire Elon Musk is busy celebrating the successes of Neuralink, his neurotechnology company, which successfully managed to implant its first brain chip in a paralysed patient Noland Arbaugh, LADbible reported.

However, soon he’ll not be the only one as tech tycoons Jeff Bezos and Bill Gates are also entering the race after teaming up to rival Musk’s Neuralink.

Synchron Inc began operating in 2012 and is part of the brain-computer interface (BCI) industry. The company has announced to launch an online registry for people wanting to participate in the trials.

Thomas Oxley — chief executive Synchron — has announced that approximately 120 trials will take place.

As per the reports, seven patients from United States and Australia have had the devices installed in them.

The New York-based company aims to develop the technology based on needs of people who have mobility issues.

Oxley in a statement said: "There's a lot of interest so we don't want it to come in a big bottleneck right before the study we'll be doing."

Adding in, he said: "I've seen moments between patient and partner, or patient and spouse, where it’s incredibly joyful and empowering to have regained an ability to be a little bit more independent than before. It helps them engage in ways that we take for granted."

As the race to commercialise BCIs is gathering pace, we'll have to wait and see who ultimately wins — Neuralink or Synchron Inc.