Neurotech startup: brain–computer interfaces, fast-growing, Elon Musk-backed
The Boring Company has raised $3 billion in a funding round led by the United Arab Emirates, valuing the company at $23 billion. The round boosts plans to dig more than 150 kilometers of tunnels in the UAE, with other investors including Andreessen Horowitz, Sequoia, and Baron Capital. The funding follows recent activity in Las Vegas and Nashville as the company pushes to turn Musk’s tunneling vision into a global transit network.
Elon Musk has told Walter Isaacson that AI and robotics will slash spending and drive a multi-planetary economy, where currency becomes obsolete and value is measured in mass and energy. He says leadership in Washington is reluctant to curb wasteful spending, and his own time in government was a learning experience.