Elon Musk is a man with high ambitions. His latest venture, Neuralink, is aiming to merge the human brain with computers, he announced on Thursday.

"There are a bunch of concepts in your head that then your brain has to try to compress into this incredibly low data rate called speech or typing," Musk says in an interview with the blog Wait But Why. "That's what language is: your brain has executed a compression algorithm on thought, on concept transfer."

The billionaire entrepreneur told the blog's reporter Tim Urban that he wants Neuralink to implant small brain electrodes to first fight brain conditions that stem from things like strokes and cancer lesions. He hopes in eight to 10 years--pending regulatory approval-the technology will be ready for people without disabilities to help fight artificial intelligence from surpassing the human brain.

"The pace of progress in this direction matters a lot," Musk told Urban. "We don't want to develop digital super-intelligence too far before being able to do a merged brain-computer interface."

Musk's news comes just one day after Facebook announced it's been working on a "brain computer interface" for several months. At the company's F8 developer conference on Wednesday, Regina Dugan, who runs Facebook's secretive hardware arm Building 8, explained the technology could help people type 100 words a minute from their minds.