BRN Discussion Ongoing

MDhere

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AAAARGGHH here i am overseas and my car has been borrowed by a family member and i find out today SOMEONE HAS STOLEN or its missing The FRONT GREEN AKIDA PLATE!!!!

Nooooooooo not my Akida plate!

Some bloody Brainchip fan may now have it on their wall!!! Unless someine is driving around with one plate or it fell off.

If anyone in South east qld finds it let me know :) Reward - 50 shares or a bottle of bubbles :)

Come back my green Akida plate :(
 
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Zedjack33

Regular
AAAARGGHH here i am overseas and my car has been borrowed by a family member and i find out today SOMEONE HAS STOLEN or its missing The FRONT GREEN AKIDA PLATE!!!!

Nooooooooo not my Akida plate!

Some bloody Brainchip fan may now have it on their wall!!! Unless someine is driving around with one plate or it fell off.

If anyone in South east qld finds it let me know :) Reward - 50 shares or a bottle of bubbles :)

Come back my green Akida plate :(
Looks like I’m going for a drive in the morning for a look. 🤪
 
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New Article on Artificial intelligence and BRN.......

The AI tech that's "truly revolutionary"

Patrick Poke
PATRICK
POKE
Livewire Markets
FOLLOW
CONTACT
Every once in a while, a stock comes along that truly captures the attention of retail investors. Whether it’s lithium mining, baby formula, or ‘Buy Now, Pay Later’, these stocks all have a few things in common. A huge addressable market, a revolutionary product or technology, and financial metrics that make institutional investors extremely sceptical.
Not all these stocks end up being world-beaters. But one ‘Afterpay’ can make up for a few ‘Blackmores’.
For the final entry in our reporting season coverage, I speak to Marc Kennis from Pitt Street Research about a stock with a “truly revolutionary” technology in the Artificial Intelligence sector that’s just started earning licencing fees from its product. And it was one of Livewire readers’ most-tipped small caps in our annual reader survey.
He tells us why he likes the stock, where his current valuation stands, and what it would take to move that valuation higher.

What were some of the and key points from the report that BrainChip recently published?

There was really just one, because mostly the annual report backward-looking if you're just talking about numbers. The interesting thing for me was that out of the $1.6 million in revenues, half of that was from licencing income. That's the first time that they're reporting licencing revenue, so that's a good start.
But really the interesting thing about BrainChip in the long term is the royalty revenues that will start to kick in once their technology goes into commercial production. So that's what we're looking for and that's still a year out, at least. I think that's what you want to see tick up over time.

So this was the first report that they achieved any kind of revenue?

They had some revenues before, but it was all these smaller demo packages of Akida. The first step is licence income from licences, and then the next step is royalties once customers have embedded their technology into their own products. They only had very small revenues before, this is the first time we're seeing these licencing revenues come through in a big way.

What was the market's reaction to the result? Was it in line with what you'd expect, considering what was in there?

Well, not really. If you look at what happened last week, the events in Ukraine were dominating the market. The share price response was in January. Initially, they announced the MegaChips deal late last year, and then you had the announcement by Mercedes itself that they're using Akida in their EQXX concept electric vehicle. Which is hopefully, a sign of good things to come later as the technology gets implemented in commercial production cars. That was when the share price started to spike.
There was a lot of noise in the market last week, so I don't think we really saw a response in the market from this particular announcement. Usually, with these early-stage tech companies, it's about the announcement of an actual deal, same with BrainChip. That's when the share price moves. When you're still early-stage, news of revenues is not really what moves the share price. Unless it's a huge surprise, but you hardly ever see that.

Based on what you are seeing now, would you buy, hold, or sell BrainChip?

When the stock was in the five to 10 cent range, we said 45 cents was realistic in our reports at Pitt Street Research. We got there. Then we upgraded the price target to $1.50, which we've reached.
In the broad technology selldown we’re seeing at the moment, BrainChip has come down as well. So, I think it's around $1.25 at the moment. We definitely see upside to about $1.50, and I suspect we'll need additional commercial announcements for the share price to go higher than that.
It's the same thing we've seen with Weebit Nano – you need announcements. You get a spike, the market gets carried away, and then the big selldowns from people that have been in early. That’s the way these early-stage tech companies trade on the market.

What are your expectations and outlook for the company, but also for the AI industry that BrainChip operates in more broadly?

I'm very bullish on this one, because if you dig into the technology, it's truly revolutionary. What BrainChip have achieved in hardware, so far, other companies have only achieved that in software. That means if you're software-based, the parameters are set by the person or team that programs the algorithm. If you're looking at software-based AI, it's all down to what are you trying to achieve with that particular algorithm, and the imagination of the coder.
What BrainChip is doing is creating an environment where the chip can learn for itself. It can pick up trends and patterns that whoever would've programmed something like this would never have thought of. So it's truly revolutionary. A very dynamic type of technology.
You can implement it in all sorts of Edge applications already. But I think the application range is probably much broader than that.
We called the report back in August, "Welcome to the Revolution," because I think that's what they have, and I think down the line, they'll have a whole host of licences, and with the revenue stream to accompany that at some stage. I'm pretty bullish on BrainChip.

Are there any other points that you want to make about the company?

Stocks like BrainChip are not always well understood by the market. You see a lot of commentary out there that doesn't really bear any sort of proper relationship with what we're trying to achieve.
I think over time, the Australian market, especially the institutional investors (instos) – initially the small cap instos, and then as the company grows, larger cap instos - will need to get their heads around this technology. That's really the interesting part, and I think that's where the opportunity is for BrainChip.
The logical place for a stock like this is to be traded in the US or Europe. As we've seen with other companies – Afterpay is a good example – people are trying to get their heads around this sort of technology. Then you see overseas companies who are interested in the technology, and in the case of Afterpay, there was an acquisition.

But until that happens, as the company grows in market cap, these instos in Australia will need to get their heads around the technology. And that's really where the opportunity is for BrainChip, as well as the challenge.
I think a lot of insto. investors still consider BrainChip as speculative and not really serious, and I'll think they'll be proven wrong at some point.

The technology is proven, they've got the commercial deals to back that up, and there will be more to come, I suspect. That growth will be very interesting to watch in the next couple of years.
New Article on Artificial intelligence and BRN.......

The AI tech that's "truly revolutionary"

Patrick Poke
PATRICK
POKE
Livewire Markets
FOLLOW
CONTACT
Every once in a while, a stock comes along that truly captures the attention of retail investors. Whether it’s lithium mining, baby formula, or ‘Buy Now, Pay Later’, these stocks all have a few things in common. A huge addressable market, a revolutionary product or technology, and financial metrics that make institutional investors extremely sceptical.
Not all these stocks end up being world-beaters. But one ‘Afterpay’ can make up for a few ‘Blackmores’.
For the final entry in our reporting season coverage, I speak to Marc Kennis from Pitt Street Research about a stock with a “truly revolutionary” technology in the Artificial Intelligence sector that’s just started earning licencing fees from its product. And it was one of Livewire readers’ most-tipped small caps in our annual reader survey.
He tells us why he likes the stock, where his current valuation stands, and what it would take to move that valuation higher.

What were some of the and key points from the report that BrainChip recently published?

There was really just one, because mostly the annual report backward-looking if you're just talking about numbers. The interesting thing for me was that out of the $1.6 million in revenues, half of that was from licencing income. That's the first time that they're reporting licencing revenue, so that's a good start.
But really the interesting thing about BrainChip in the long term is the royalty revenues that will start to kick in once their technology goes into commercial production. So that's what we're looking for and that's still a year out, at least. I think that's what you want to see tick up over time.

So this was the first report that they achieved any kind of revenue?

They had some revenues before, but it was all these smaller demo packages of Akida. The first step is licence income from licences, and then the next step is royalties once customers have embedded their technology into their own products. They only had very small revenues before, this is the first time we're seeing these licencing revenues come through in a big way.

What was the market's reaction to the result? Was it in line with what you'd expect, considering what was in there?

Well, not really. If you look at what happened last week, the events in Ukraine were dominating the market. The share price response was in January. Initially, they announced the MegaChips deal late last year, and then you had the announcement by Mercedes itself that they're using Akida in their EQXX concept electric vehicle. Which is hopefully, a sign of good things to come later as the technology gets implemented in commercial production cars. That was when the share price started to spike.
There was a lot of noise in the market last week, so I don't think we really saw a response in the market from this particular announcement. Usually, with these early-stage tech companies, it's about the announcement of an actual deal, same with BrainChip. That's when the share price moves. When you're still early-stage, news of revenues is not really what moves the share price. Unless it's a huge surprise, but you hardly ever see that.

Based on what you are seeing now, would you buy, hold, or sell BrainChip?

When the stock was in the five to 10 cent range, we said 45 cents was realistic in our reports at Pitt Street Research. We got there. Then we upgraded the price target to $1.50, which we've reached.
In the broad technology selldown we’re seeing at the moment, BrainChip has come down as well. So, I think it's around $1.25 at the moment. We definitely see upside to about $1.50, and I suspect we'll need additional commercial announcements for the share price to go higher than that.
It's the same thing we've seen with Weebit Nano – you need announcements. You get a spike, the market gets carried away, and then the big selldowns from people that have been in early. That’s the way these early-stage tech companies trade on the market.

What are your expectations and outlook for the company, but also for the AI industry that BrainChip operates in more broadly?

I'm very bullish on this one, because if you dig into the technology, it's truly revolutionary. What BrainChip have achieved in hardware, so far, other companies have only achieved that in software. That means if you're software-based, the parameters are set by the person or team that programs the algorithm. If you're looking at software-based AI, it's all down to what are you trying to achieve with that particular algorithm, and the imagination of the coder.
What BrainChip is doing is creating an environment where the chip can learn for itself. It can pick up trends and patterns that whoever would've programmed something like this would never have thought of. So it's truly revolutionary. A very dynamic type of technology.
You can implement it in all sorts of Edge applications already. But I think the application range is probably much broader than that.
We called the report back in August, "Welcome to the Revolution," because I think that's what they have, and I think down the line, they'll have a whole host of licences, and with the revenue stream to accompany that at some stage. I'm pretty bullish on BrainChip.

Are there any other points that you want to make about the company?

Stocks like BrainChip are not always well understood by the market. You see a lot of commentary out there that doesn't really bear any sort of proper relationship with what we're trying to achieve.
I think over time, the Australian market, especially the institutional investors (instos) – initially the small cap instos, and then as the company grows, larger cap instos - will need to get their heads around this technology. That's really the interesting part, and I think that's where the opportunity is for BrainChip.
The logical place for a stock like this is to be traded in the US or Europe. As we've seen with other companies – Afterpay is a good example – people are trying to get their heads around this sort of technology. Then you see overseas companies who are interested in the technology, and in the case of Afterpay, there was an acquisition.

But until that happens, as the company grows in market cap, these instos in Australia will need to get their heads around the technology. And that's really where the opportunity is for BrainChip, as well as the challenge.
I think a lot of insto. investors still consider BrainChip as speculative and not really serious, and I'll think they'll be proven wrong at some point.

The technology is proven, they've got the commercial deals to back that up, and there will be more to come, I suspect. That growth will be very interesting to watch in the next couple of years.
Firstly thank you for sharing this interview with Marc Kennis of Pitt Street Research who authored the paid analyst report on Brainchip last year and who has interviewed Peter van der Made at least twice over the last year or so and has disclosed his financial interest in Brainchip.

When I first read this posted interview I contacted the company and can now say that this interview was not paid for or solicited by Brainchip and they were unaware it had been given.

The views being expressed by Mark Kennis are his own and as such would warrant greater weight than if they were being given as a result of a commission from Brainchip.

I personally love the fact that he has stepped up in this fashion and had an intelligent swipe at that side of the institutional market place that says things like “what’s a neuromorphic chip anyway” or “the way I see it if it really worked it would not be on the ASX”.

Once again thanks Makeme it is a must read.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Quatrojos

Regular

1646138825897.png



Ralph Etienne-Cummings directs the Computational Sensory-Motor Systems Laboratory at Johns Hopkins University. His research spans a range of electrical and computer engineering topics. Including, but not limited to, mixed-signal VSLI systems, computational sensors, computer vision, neuromorphic engineering, smart structures, mobile robotics, and neuroprosthetic devices. His research has convinced him of the need for neuromorphic computing.


Etienne-Cummings is associated with UWA
 
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edski

Emerged

Fact Finder

A question for you FF.....Do you sleep, or are you a robot or an AI computer yourself?
Appreciate all your efforts!
 
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chapman89

Founding Member
Also Professor Ryad Benosman is speaking at the Embedded Vision Summit in May 17-29


I wonder who’s event-based Neuromorphic processor they’re using? Hmm.
64BBDE84-87FA-46CE-A971-268074514C53.jpeg
 
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chapman89

Founding Member
Also Professor Ryad Benosman is speaking at the Embedded Vision Summit in May 17-29


I wonder who’s event-based Neuromorphic processor they’re using? Hmm.

So he was a cofounder of GrAi Matter labs & Phrophessee but has nothing to do with them anymore, instead he’s working on Event-Based Neuromorphic Silicon Retina ATIS and several other neuromorphic AI related platforms, and was involved with the neuromorphic event based camera which is now running on the ISS!





 

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chapman89

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D

Deleted member 118

Guest
I’m a little surprised that there has been zero comment on the podcast released overnight?

Are we unimpressed?

Or am I looking at the wrong thread?!

1646164000172.gif
 
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MDhere

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butcherano

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Baisyet

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So this solution is software based then? It was an interesting response from him though @chapman89. On the one hand he hasn’t heard of Brainchip. But then on the other hand he acknowledges that what Akida is capable of is a “miracle”.
I viewed his comment as stating no one has managed to merge living biological spiking neurons with silicon.

This is correct Brainchip’s AKIDA has 1.2 million neuron equivalents and 10 billion synapse equivalents.

Brainchip initially created the ADE which was a software emulation of AKIDA technology and they used it to prove AERO. This is what he is doing in his research and does not need silicon to run his experiments.

I am sure he knows about AKIDA, Brainchip and Peter van der Made. He may not have involvement in the day to day running of these other companies but he retains equity.

Brainchip is a competitor. He is not going to promote AKIDA or Brainchip particularly as Peter van der Made has been dismissive of his achievements.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Fact Finder

A question for you FF.....Do you sleep, or are you a robot or an AI computer yourself?
Appreciate all your efforts!
Sorry for the delay in responding but I was asleep and just saw your comment. LOL FF
 
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Just came across this article Egde Impluse posted on their Linked page.

Reading this article it is clear these engineers obtained their neural edge technology from elsewhere as they were engaged with developing the sensors. The timelines allow for AKIDA to be in play but Intel works with Princeton as does NASA so time will tell.

Perhaps Dio can find something amongst their patents that might provide a clue.

Great article and shows the extent of Edge opportunities is very much like an iceberg as Rob Telson keeps repeating.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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buena suerte :-)

BOB Bank of Brainchip
New Article on Artificial intelligence and BRN.......

The AI tech that's "truly revolutionary"

Patrick Poke
PATRICK
POKE
Livewire Markets
FOLLOW
CONTACT
Every once in a while, a stock comes along that truly captures the attention of retail investors. Whether it’s lithium mining, baby formula, or ‘Buy Now, Pay Later’, these stocks all have a few things in common. A huge addressable market, a revolutionary product or technology, and financial metrics that make institutional investors extremely sceptical.
Not all these stocks end up being world-beaters. But one ‘Afterpay’ can make up for a few ‘Blackmores’.
For the final entry in our reporting season coverage, I speak to Marc Kennis from Pitt Street Research about a stock with a “truly revolutionary” technology in the Artificial Intelligence sector that’s just started earning licencing fees from its product. And it was one of Livewire readers’ most-tipped small caps in our annual reader survey.
He tells us why he likes the stock, where his current valuation stands, and what it would take to move that valuation higher.

What were some of the and key points from the report that BrainChip recently published?

There was really just one, because mostly the annual report backward-looking if you're just talking about numbers. The interesting thing for me was that out of the $1.6 million in revenues, half of that was from licencing income. That's the first time that they're reporting licencing revenue, so that's a good start.
But really the interesting thing about BrainChip in the long term is the royalty revenues that will start to kick in once their technology goes into commercial production. So that's what we're looking for and that's still a year out, at least. I think that's what you want to see tick up over time.

So this was the first report that they achieved any kind of revenue?

They had some revenues before, but it was all these smaller demo packages of Akida. The first step is licence income from licences, and then the next step is royalties once customers have embedded their technology into their own products. They only had very small revenues before, this is the first time we're seeing these licencing revenues come through in a big way.

What was the market's reaction to the result? Was it in line with what you'd expect, considering what was in there?

Well, not really. If you look at what happened last week, the events in Ukraine were dominating the market. The share price response was in January. Initially, they announced the MegaChips deal late last year, and then you had the announcement by Mercedes itself that they're using Akida in their EQXX concept electric vehicle. Which is hopefully, a sign of good things to come later as the technology gets implemented in commercial production cars. That was when the share price started to spike.
There was a lot of noise in the market last week, so I don't think we really saw a response in the market from this particular announcement. Usually, with these early-stage tech companies, it's about the announcement of an actual deal, same with BrainChip. That's when the share price moves. When you're still early-stage, news of revenues is not really what moves the share price. Unless it's a huge surprise, but you hardly ever see that.

Based on what you are seeing now, would you buy, hold, or sell BrainChip?

When the stock was in the five to 10 cent range, we said 45 cents was realistic in our reports at Pitt Street Research. We got there. Then we upgraded the price target to $1.50, which we've reached.
In the broad technology selldown we’re seeing at the moment, BrainChip has come down as well. So, I think it's around $1.25 at the moment. We definitely see upside to about $1.50, and I suspect we'll need additional commercial announcements for the share price to go higher than that.
It's the same thing we've seen with Weebit Nano – you need announcements. You get a spike, the market gets carried away, and then the big selldowns from people that have been in early. That’s the way these early-stage tech companies trade on the market.

What are your expectations and outlook for the company, but also for the AI industry that BrainChip operates in more broadly?

I'm very bullish on this one, because if you dig into the technology, it's truly revolutionary. What BrainChip have achieved in hardware, so far, other companies have only achieved that in software. That means if you're software-based, the parameters are set by the person or team that programs the algorithm. If you're looking at software-based AI, it's all down to what are you trying to achieve with that particular algorithm, and the imagination of the coder.
What BrainChip is doing is creating an environment where the chip can learn for itself. It can pick up trends and patterns that whoever would've programmed something like this would never have thought of. So it's truly revolutionary. A very dynamic type of technology.
You can implement it in all sorts of Edge applications already. But I think the application range is probably much broader than that.
We called the report back in August, "Welcome to the Revolution," because I think that's what they have, and I think down the line, they'll have a whole host of licences, and with the revenue stream to accompany that at some stage. I'm pretty bullish on BrainChip.

Are there any other points that you want to make about the company?

Stocks like BrainChip are not always well understood by the market. You see a lot of commentary out there that doesn't really bear any sort of proper relationship with what we're trying to achieve.
I think over time, the Australian market, especially the institutional investors (instos) – initially the small cap instos, and then as the company grows, larger cap instos - will need to get their heads around this technology. That's really the interesting part, and I think that's where the opportunity is for BrainChip.
The logical place for a stock like this is to be traded in the US or Europe. As we've seen with other companies – Afterpay is a good example – people are trying to get their heads around this sort of technology. Then you see overseas companies who are interested in the technology, and in the case of Afterpay, there was an acquisition.

But until that happens, as the company grows in market cap, these instos in Australia will need to get their heads around the technology. And that's really where the opportunity is for BrainChip, as well as the challenge.
I think a lot of insto. investors still consider BrainChip as speculative and not really serious, and I'll think they'll be proven wrong at some point.

The technology is proven, they've got the commercial deals to back that up, and there will be more to come, I suspect. That growth will be very interesting to watch in the next couple of years.
WOW .... that's a great read and a must read !! very well put together interview and really highlights the massive potential BRN has ( of course us chippers know that already! :) ) I think we are just a couple of serious announcements away from the Instos starting to pour their $$$$$ into this revolutionary company and in turn we will see the SP really starting to head north also the listing on the ASX200 and the Nasdaq will see dramatic SP increase. Looking forward to some more exciting podcasts/interviews/exhibitions/ etc.. and not forgetting the next addition from our very watchable and knowledgeable MATE The ASX investor :)

Thanks for finding and sharing Makeme great post :)
 
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The following is interesting if for no other reason than it shows how the mainstream is warming to the need to embrace the Edge:


Mirabilis is attempting to build a business based on assisting companies to design in the optimum level of Ai Edge acceleration into their own edge hardware.

Something to explore is whether they have a tie up with Renesas or MegaChips?

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Yak52

Regular
US Markets closed at AUD$1.32 or USD$0.96c

Close ASX yesterday @$1.27 pre-market higher currently.
Expecting SP to at least hold or increase due to downtrend in "shorting" interest. Could be a nice green day hopefully.

Yak52
 
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butcherano

Regular
I viewed his comment as stating no one has managed to merge living biological spiking neurons with silicon.

This is correct Brainchip’s AKIDA has 1.2 million neuron equivalents and 10 billion synapse equivalents.

Brainchip initially created the ADE which was a software emulation of AKIDA technology and they used it to prove AERO. This is what he is doing in his research and does not need silicon to run his experiments.

I am sure he knows about AKIDA, Brainchip and Peter van der Made. He may not have involvement in the day to day running of these other companies but he retains equity.

Brainchip is a competitor. He is not going to promote AKIDA or Brainchip particularly as Peter van der Made has been dismissive of his achievements.

My opinion only DYOR
FF

AKIDA BALLISTA
Yeah...really good point @Fact Finder. I jumped to the conclusion that he hadn't heard of Brainchip because it almost sounded like he was describing exactly what Akida does in the same sentence that he said it doesn't exist yet. But looking back at it, @uiux has dug up some good info on R.B. Benosman previously and he has links to Bernabe Linares-Barranco who was involved with JAST. And then it was the first Linkedin post from Benosman that Peter replied to, although never received a response. So I agree that he would be familiar with Brainchip and Akida.

Original conversation with Peter's comment below for anyone else that forgot about this one. There's actually some other familiar names in this conversation that are also aware of Akida (Adrian van Schaik from the foosball article the other day).

 
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