The Wall Street Journal's Rolfe Winkler first reported Monday that Elon Musk has recently launched a new company with its wholehearted dedication to linking human brains with computers. Internal sources recently told The WSJ that the company, called Neuralink, is developing "neural lace" technology that would allow people to communicate directly with machines.

Source added that people won't be needing a physical interface to communicate with the machine, reports The Verge. As per WSJ report, the Neural lace involves implanting electrodes in the brain so people could upload or download their thoughts to or from a computer. The report suggests that Elon Musk's product (Neuralink) could allow humans to achieve higher levels of cognitive function.

What else on Neuralink? Elon Musk first described the potential product at Vox Media's Code Conference in 2016, saying that it would allow humans to achieve "symbiosis" with machines. He said that the neural lace could prevent people from becoming "house cats" to artificial intelligence. Elon Musk said at the Vox code conference that he does not loves the idea of people being a house cat, and is constantly in search for one of the solutions to this. He added that he feels one of the solutions that seems maybe the best is to add an AI layer.

Elon Musk also said that he was preparing for an announcement regarding his neural lace concept on Twitter in January. However, the WSJ reports that Neuralink's first products could involve using implants to treat disorders like epilepsy or major depression. According to The WSJ, Musk has taken an "active role" in setting up Neuralink, which was registered as a medical research company in California last July, reports Express.

As per reports, Elon Musk is financing Neuralink primarily by himself. Neuralink is also exploring a possible investment from Founders Fund, a venture capital firm founded by Peter Thiel, according to The WSJ report.

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