As anticipation builds for Neuralink’s upcoming livestream on August 28, Tesla and SpaceX CEO Elon Musk provided yet another exciting update for the event. According to Musk, the brain-machine interface startup will not only show a working Neuralink device on Friday; it will also show a “Version 2” of the machine that would be used by the company to embed implants into the brain.
The update was posted on Twitter after Musk was asked if Neuralink will also be showing an improved version of the custom implant robot that the startup featured in its July 2019 presentation. Both Elon Musk and Dr. Matthew MacDougall, head surgeon at Neuralink, have noted that the startup is working towards improving the brain-machine implant process until the procedure becomes as seamless as Lasik.
Musk, for its part, noted in his recent update that the V2 machine is not yet at Lasik level, though it is an improved version of the implant robot that the company showed last year. Ever the optimist, the Tesla and SpaceX CEO noted that the implantation process of Neuralink’s brain-machine interface could get pretty close to Lasik in the next few years. “Yes, will show V2. Still far from LASIK, but could get pretty close in a few years,” Musk wrote.
Elon Musk has been notably excited about Neuralink’s progress. In a tweet at the end of July, the Tesla CEO stated that Neuralink will be showing “neurons firing in real-time” on its August 28 presentation. These statements highlighted a point that Musk shared back in February, when he expressed excitement at what Neuralink will be presenting this year.
“Wait until you see the next version vs what was presented last year. It’s *awesome,* Musk wrote then. In an earlier tweet, Musk added that the “profound impact of high bandwidth, high precision neural interfaces is underappreciated. Neuralink may have this in a human as soon as this year. Just needs to be unequivocally better than Utah Array, which is already in some humans & has severe drawbacks.”
Neuralink’s long-term goals are nothing short of science-fiction, with the startup working on obtaining human symbiosis with artificial intelligence by connecting electrodes through the brain and reading its neuron signals en masse. The possibilities of the technology are pretty much endless, though the Tesla and SpaceX CEO has noted that Neuralink will be focusing on using its technology for medical purposes, at least for the short-term.
Some of these short-term goals were shared by Musk during an appearance at MIT research scientist Lex Fridman’s Artificial Intelligence Podcast. According to Musk, Neuralink’s tech will likely be able to help address a number of brain-related diseases. “I think at first (Neuralink) will solve a lot of brain-related diseases. Could be anything from like autism, schizophrenia and memory loss (Alzheimer’s). To be able to do this, you have to be able to interface with the neurons at a detail level, and you need to be able to fire the right neurons, read the right neurons and then effectively create a circuit [to] replace what’s broken with silicon, (which will) end up having the same functionality,” Musk said.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
