Temporal multiplexing of perception and memory codes in IT cortex - Nature
Briefly

Recent research on the sensory code for visual object identity in the IT cortex indicates objects are encoded in a low-dimensional object space, allowing efficient representation using a small number of neurons.
Neurons have the capability to linearly project objects onto specific axes, defined by weightings of a small set of parameters, enabling detailed reconstructions of various objects using only a few hundred neurons.
Read at Nature
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