CTRL Labs

“Coincidentally, Meta bought that for a little under a billion dollars, started by this guy Reardon.”

“Facebook made an initial entreaty. We rejected it. They effectively nearly tripled their offer. It became more financially attractive”

“What I realized was what I should have done, which was a colossal and historic mistake, was make sure that we gave some interim liquidity. Because if we had put a few million dollars in that founder's pocket early on, the ability to stay the course would have …”

“We are only very thinly a hardware company. We are overwhelmingly a neurosciences and machine learning company.”

“Okay, so this is somebody wearing our band that's decoding the activity of the neurons that drive the hand, so that happens through the forearm.”

“We figured out how to actually reconstruct the activity of the motor neurons that drove that electrical activity in the muscles themselves. This is activity that actually happens long before The muscles actually move, you know, long in the computational sense …”

“We started shipping our developer kits last Friday after, boy, over three years of work.”

“We didn't start the company thinking about robotics at all, and those opportunities have all kind of inbound to us and actually led to some of our investments.”

“More than 10,000, less than a 100,000.”

“We interview, we do video conferences and interview every single applicant.”

“This is a, Pretty significant breakthrough that we're able to get to single neurons without basically penetrating into your skull.”

“Yeah, so our revenue model is based on us charging effectively a subscription for modeling work, but in fact, what we are pushing right now is one in which it's a free license to the hardware and a free license to the initial models, and we want to get paid Fo…”

“This is a very personal model that is custom to just you. When you put on the band after you've trained it, if you put it on somebody else, it doesn't work at all. It is, and it's not like design. That's just the way neural interfaces are required to work. The…”

“You need, like I said, 30,000 neurons to drive these hand movements, but it's mostly because you need those neurons to sort of gain up the signal. But we only need, like, a dozen to be able to actually understand what the actual movement intent was, rather tha…”

“I can put a band on you and after 10 minutes I will know enough from those signals that I can pull you out of a population of 7.4 billion people after 10 minutes of training data and do that in about 800 milliseconds.”

“Today it takes you know, an order an hour or so to do text training.”

“I do believe that computing is moving from trapped in these little boxes, either a phone or a computer, and computing's moving to everywhere. It's everywhere around us, whether it's your Amazon Echo or different displays around your home, and who knows what's …”