Neuralink CEO, Elon Musk, is confident that his brain-interface technology company will start implanting its microchips in humans next year.

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Neuralink was co-founded by Musk in 2016, with the goal to develop a chip that could be safely implanted in people's brains to simultaneously record and stimulate brain activity.

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When ready, Neauralink will use its chips to help treat people with serious health problems, such as spinal cord injuries and neurological disorders.

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During a live-streamed interview at The Wall Street Journal CEO Council Summit earlier this week, Musk was questioned about Neuralink’s plans for next year, and he didn’t hold back on details.

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"Neuralink's working well in monkeys and we're actually doing just a lot of testing and just confirming that it's very safe and reliable and the Neuralink device can be removed safely," Musk revealed.

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"We hope to have this in our first humans — which will be people that have severe spinal cord injuries like tetraplegics, quadriplegics — next year, pending FDA approval," he added.

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