A new AI-powered beanie can convert internal speech into text using brain signals, offering a less intrusive approach to brain-computer interfaces.
This is the largest early-stage funding in China’s brain computer interface industry.
A source close to the company says the round assigns Science a post-money valuation of $1.25 billion.
China’s brain-computer interface industry is rapidly scaling from research to commercialization, driven by strong policy support, expanding clinical trials, and growing investor interest.

This article is part of our special report Top Tech 2026.Brain Chip Helps Blind People SeeElon Musk says his company Neuralink is aiming to restore partial sight to fully blind patients in 2026. The company plans to test its newest and most powerful i…