BRN Discussion Ongoing

Pmel

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BrainShit

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So sounds like they haven't incorporated AKIDA, into the cupcake server yet, as was previously thought?
Akida is optional.... like the others as well.

Akida_integrated.png


BrainShit@thestockexchange:~$ sudo su
update msg prev DingoBorat
 
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IloveLamp

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IloveLamp

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1000014920.jpg
 
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IloveLamp

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Edge AI Capabilities

Edge AI brings machine learning and deep learning models to IoT devices, enabling them to process and analyze data locally. This approach provides several advantages, including reduced latency, improved privacy, and more efficient use of network resources.

Depending on the AI models deployed, the capabilities of edge AI extend to real-time object detection, anomaly detection, predictive maintenance, and even natural language processing.

This proves particularly advantageous when low-latency responses are crucial, such as autonomous vehicles, industrial automation, and healthcare. Additional benefits include remote or resource-constrained environments where continuous cloud connectivity may not be feasible.


As this technology continues to evolve, it will unlock new opportunities across various domains, reshaping the way we interact with our connected world.
1000014922.jpg
 
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Damo4

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Sorry if already posted





 
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Gies

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TECH

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Good morning all,

Check out the link below, someone may have already posted this I'm not sure to be honest, but it's great to see that Brainchip
is confirmed as a Gold Sponsor, there are a couple of photos of Rob at last years conference.

On another point, I was in a shop yesterday and I was told that one of Brainchip's customers (singular) is in our next generation, I
walked away and thought, did I just hear that right ? I was talking about shares and this person whom I didn't recognize blurted that out.
Strange, very strange, no company was identified.

Rumors good old rumors. Tech :whistle:


 
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IMG_1557.jpeg
 
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buena suerte :-)

BOB Bank of Brainchip
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7für7

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Will we have a price sensitive announcement this week? 👁️👄👁️ will we see a gain in the market or will we continue hovering around the stock space like the guy between time and space in the movie interstellar? Naaaahhh I’m just kidding! 🫵😂
It’s an exciting week! Let’s see what we will get on this exhibition! 🦾
 
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RobjHunt

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I can’t see our little nipper on the email I received this morning.

1712706470981.png
 
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RobjHunt

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View attachment 60558 View attachment 60557

So I made a comment on this guys post where he talked about the power hungry cloud and looking for greener solutions.

I mentioned Brainchip briefly and how they are tackling these problems and he responded with “thanks for sharing, I haven’t come across Brainchip. Curious to learn more” I responded with a link to Akida second generation with the slides of what our partners are saying about the technology.

Looking at his LinkedIn, he is the head of R&D for a massive city development in Saudi Arabia worth 500 billion dollars.

Here’s to hoping he clicks the link and likes what he sees 🤗🙏🥳🫠
Bloody great job mate! Nicely seen, cheers.
 
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RobjHunt

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Those 1dollar trades are trying to hold us back right? Esqy?
 
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Esq.111

Fascinatingly Intuitive.
Morning RobjHunt,

Certainly not helping.

Be good to have @Yak52 back on line , he was rather good at deciphering these rubbish trades & general manipulative behaviour.

Regards,
Esq.
 
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RobjHunt

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I’m with ya there. Now 36.5’s are coping a hammering. Is this mushroom farming at it’s best? C‘mon Dover move!
 
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buena suerte :-)

BOB Bank of Brainchip
Morning RobjHunt,

Certainly not helping.

Be good to have @Yak52 back on line , he was rather good at deciphering these rubbish trades & general manipulative behaviour.

Regards,
Esq.
Agreed Esqy.. @Yak52 was good with the analytic posts ...Drop by and see us again..:cool:(y)
 
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Good morning all,

Check out the link below, someone may have already posted this I'm not sure to be honest, but it's great to see that Brainchip
is confirmed as a Gold Sponsor, there are a couple of photos of Rob at last years conference.

On another point, I was in a shop yesterday and I was told that one of Brainchip's customers (singular) is in our next generation, I
walked away and thought, did I just hear that right ? I was talking about shares and this person whom I didn't recognize blurted that out.
Strange, very strange, no company was identified.

Rumors good old rumors. Tech :whistle:


You'ld think, that the mystery "company" has something to do with the Generative A.I. focus, of "AKIDA" 3.0?..

If there is a mystery company and Gen A.I. will be the focus, of the yet to be named, 3rd Generation..
 
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Esq.111

Fascinatingly Intuitive.
Chippers ,

This is off topic yet plays into were AKIDA could , and more than likely will be utilised.

BlackRock , who is also a holder in BRN , have the smarts & capitol to truly run a muck on a global scale, and they do.

From memory , TATA ( A BrainChip partner through two separate entity's ) also has division which dabbles in this field.

Contents​

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Aladdin (BlackRock)​

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From Wikipedia, the free encyclopedia

Aladdin
Aladdin (Asset, Liability and Debt and Derivative Investment Network)[1] is an electronic system built by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. In 2013, it handled about $11 trillion in assets (including BlackRock's $4.1 trillion assets), which was about 7% of the world's financial assets, and kept track of about 30,000 investment portfolios.[2] As of 2020, Aladdin managed $21.6 trillion in assets.[3]
Senior Managing Director Sudhir Nair is the current Global Head of BlackRock's Aladdin program.[4]

Use case[edit]​

One of BlackRock's four data centers where Aladdin is operated is located in Wenatchee, Washington state. The network in Wenatchee consists of around 6000 computers. The software uses these computers to analyze global economic data, stock market prices and numerous other economic factors. For example, sudden changes in government, weather conditions or possible disasters are also taken into account when evaluating portfolios.[5] Aladdin is the analysis system used by BlackRock to evaluate individual investments. Its purpose is to help with risk management and it is not making trades. Aladdin is based on a pool of historical data that uses Monte Carlo simulation to select large, randomly generated samples from the very large number of possible future scenarios. This generates a statistical picture of different scenarios for equities and bonds under different future conditions. A portfolio can also be subjected to a stress test. For example, the impact of a global pandemic or a Lehman Brothers type of insolvency crisis on a portfolio of assets can be simulated in this way.[2] Clients using Aladdin include CalPERS (California Public Employees' Retirement System) with assets of US$260 billion, Deutsche Bank with around €900 billion and Prudential plc with around US$700 billion.[6] The Bank of Israel is also using Aladdin since 2019.[7]

History[edit]​

Aladdin began in 1988 on a single workstation from Sun Microsystems. Purchased by Charles Hallac (1964-2015), this workstation stood between a refrigerator and a coffee machine in the company's one-room office at the time. Hallac is regarded as the initial architect of Aladdin.[8][9][10] The first mathematical models for Aladdin were developed by Hallac and Benett W. Golub. Among other things, these were models for mortgage securities (collateralized mortgage obligations, CMOs), which were a new financial product at the time. Aladdin's first major deployment was in 1994 for an order from General Electric (GE).[11] BlackRock was asked to analyze the problematic mortgage portfolio of the investment bank Kidder, Peabody & Co, which had been a GE subsidiary since 1986. At the time, the portfolio was considered one of the most complex in the world. With the help of Aladdin, BlackRock was able to complete this order without any problems and Kidder, Peabody & Co was sold to Paine Webber in the same year. Golub and other BlackRock employees realized that the analyses and models originally created using Aladdin for their own purposes were also of interest to clients. A new business division was created and in 2000 the use of Aladdin was officially offered to clients.
As a result of the 2007–2008 financial crisis, risk management became a focal point for financial investments. Very few asset managers had the appropriate personnel and expertise for this. BlackRock's offer to use Aladdin's analysis tools and databases for risk assessment met market demand and brought BlackRock a very broad customer base.[12] The financial crisis and Aladdin played a significant role in BlackRock's dominant market position today. The US government also placed its trust in Aladdin's risk management during the financial crisis[13] and handed over "toxic assets" worth US$ 130 billion to the financial services provider for management.[14] These "junk securities" came from the government and the US Federal Reserve, from the liquidation of Bear Stearns and American International Group. In the further course of the financial crisis, BlackRock was allowed to value the balance sheet items of the now nationalized mortgage banks Fannie Mae and Freddie Mac and manage the repurchase of mortgage-backed securities for the US Federal Reserve in the amount of US$ 1.25 trillion. The government contracts, including those from the UK and Greece, gave BlackRock access to information that in turn flowed into Aladdin.

Popular references[edit]​

Adam Curtis's 2016 documentary HyperNormalisation cites the Aladdin system as an example of how modern technocrats attempt to manage the complications of the real world.

Technology[edit]​

Aladdin uses the following technologies: Linux, Java, Hadoop, Docker, Kubernetes, Zookeeper, Splunk, ELK Stack, Apache, Nginx, Sybase ASE, Snowflake,[15] Cognos, FIX, Swift object storage, REST, AngularJS, TREP.[citation needed]
It was built/upgraded using Julia, i.e. "analytics modules for" were written in Julia.[16][17] It has also been reported that it was written originally in C++, Java and Perl.[18]

See also[edit]​

References[edit]​

  1. ^ "BlackRock: The $4.3 trillion force". Fortune. 7 July 2014. Retrieved 6 November 2015.
  2. ^ Jump up to:a b "The monolith and the markets". The Economist. economist.com. 7 December 2013. Retrieved 6 November 2015.
  3. ^ Rebecca Ungarino. Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager popping up in the Biden administration, Business Insider, December 30, 2020
  4. ^ "Sudhir Nair". BlackRock. Retrieved 2022-12-12.
  5. ^ "Millionenstrafe für Blackrock – DW – 20.03.2015". dw.com (in German). Retrieved 2024-03-21.
  6. ^ "Prudential's fund arms to use BlackRock's Aladdin platform". Reuters. Retrieved 2024-03-21.
  7. ^ "Risk management technology: BlackRock's Aladdin Risk - Central Banking". www.centralbanking.com. 2022-03-31. Retrieved 2024-03-21.
  8. ^ "BlackRock executive Charles Hallac dies at 50". www.ft.com. Retrieved 2024-03-21.
  9. ^ "Charles Hallac, BlackRock's Co-President, Dies at 50". www.bloomberg.com. Retrieved 2024-03-21.
  10. ^ "Charles Hallac (In Memoriam)". BlackRock. Retrieved 2024-03-21.
  11. ^ "At BlackRock, a Wall Street Rock Star's $5 Trillion Comeback". New York Times. Retrieved 2024-03-21.
  12. ^ Buchter, Heike (2015-08-17). BlackRock: Eine heimliche Weltmacht greift nach unserem Geld (in German). Campus Verlag. ISBN 978-3-593-50458-2.
  13. ^ "The Fed Asks for BlackRock's Help in an Echo of 2008". New York Times. Retrieved 2024-03-21.
  14. ^ Andrews, Suzanna. "Larry Fink's $12 Trillion Shadow". Vanity Fair.
  15. ^ "BlackRock To Launch the "Aladdin Data Cloud" Powered by Snowflake". BlackRock. Retrieved 2022-12-12.
  16. ^ "BlackRock Analytics Platform". juliacomputing.com. Retrieved 2020-09-17.
  17. ^ "BlackRock's Julia-Powered Aladdin Platform Featured in New York Times – Julia Computing". juliacomputing.com. 2019-08-10. Archived from the original on 2019-08-10.
  18. ^ At Blackrock, machines are rising over managers to pick stocks (nytimes.com) Y Combinator


Regards,
Esq.
 
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