BRN Discussion Ongoing

[GStocks123]

https://www.neurotum.com/post/the-second-neurotum-hackathon

 

[7für7]

I just asked ChatGPT regarding IR

“When a publicly listed company like BrainChip eliminates the position of Director of Global Investor Relations, it can carry several implications—depending on the company’s current situation. Here are some possible interpretations and examples from similar past cases:

⸻

1. Cost-Cutting Measure
• Meaning: The company is trying to reduce expenses—possibly due to lack of revenue or stagnating growth.
• Real-world example: Startups or small tech firms with limited income often cut roles that don’t directly contribute to product development. Investor Relations (IR) is usually among the first to go.

➡ Interpretation for BrainChip: This could signal that they’re tightening the belt—perhaps because the expected licensing revenues haven’t materialized yet.

⸻

Restructuring / Strategic Shift
• Meaning: Responsibilities are being consolidated or reassigned, often to the CFO or CEO. The IR function could be absorbed into a broader communications or marketing team.
• Real-world example: In growing firms, IR is sometimes handled directly by the CFO, especially when the company wants tighter control over external messaging.

➡ Interpretation: BrainChip may be aiming for a leaner, more centralized communication strategy—or simply trying to keep a closer hold on its public image.

⸻

Loss of Market Confidence or Messaging Clarity
• Meaning: If a company struggles to clearly communicate its vision to the market, a sudden IR departure might be seen as a loss of credibility—especially if there’s no successor lined up.
• Real-world example: Companies like Nikola Motors or WeWork faced similar situations—frequent turnover in IR roles often created uncertainty among investors.

➡ Interpretation: If BrainChip doesn’t announce a clear replacement or communication strategy, it could deepen market skepticism.

⸻

Personal or Role-Specific Reasons
• Meaning: Sometimes it’s more about the individual than the company. A change in leadership, direction, or personal decisions may lead to role eliminations.
• Real-world example: Frequent changes in leadership are common in tech startups and don’t always indicate deeper trouble.

⸻

Conclusion

In BrainChip’s current situation—where revenue remains unclear, licensing remains speculative, and the stock continues to trend downward—eliminating the IR role looks more like a cost-cutting signal than a strategic realignment.

Whether this is rational or risky depends entirely on what happens in the next few weeks:
• Will concrete licensing partners be announced?
• Will any revenue be disclosed?
• Or will management simply go quiet?

If none of these happen, the market will likely interpret this negatively.“

 

[Frangipani]

I like it! And like how they have finally put the words Mercedes-Benz in the customer section and not just the logo!

Hi MD........I would like to point out that I have placed two or possibly three posts over a number of years just after the
announcement was made by Mercedes in January 2022, where I referenced that I had asked Peter directly if we (Brainchip)
could comment on our relationship with Mercedes, and he advised me back then that Mercedes Benz were a customer, so it
shouldn't come as some sort of surprise, but I agree with you that the communication has finally been confirmed as such on
our official website.

All positive in my opinion.... kind regards Tech.

FYI: BrainChip’s use of that emblem-word-combo in the customer section is actually not as novel as you think it is.

While it is true that the words “Mercedes-Benz” didn’t show up in the “Trusted by…”-banner on the website prior to its overhaul, the combination of the Mercedes-Stern (that’s how we call the iconic logo in German; it literally means “Mercedes star”) and the words “Mercedes-Benz” had already been used in public by our company in the “BrainChip customers” context as early as May 2024, when Chris Jones (who has since left the company) gave a presentation at last year’s Embedded Vision Summit:


https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-427491

And the evidence of BrainChip publicly confirming that MB were a customer actually dates back to at least September 2023, when Sean Hehir referred to MB as one of their “Marquee EAP customers” in a presentation for Oppenheimer investors, the recording of which can be watched by anyone on YouTube.

Also have a look at the presentation slide preceding the one where our CEO talks about Mercedes-Benz being one of our Marquee EAP customers - voilà, both logo and brand name in combination:

So I don’t take the recent minor change on our website as a sign of an upcoming price-sensitive BRN-MB ASX announcement, as some here and elsewhere seem to expect or at least hope for.

As I’ve repeatedly stated before, I do not see Mercedes-Benz selling serial cars that boast neuromorphic technology any time soon. And I honestly don’t see how anyone could still expect the opposite, given what MB posted on LinkedIn in January in response to a BRN shareholder’s query in the comment section (“Regarding the second question, we’re currently looking into Neuromorphic Computing as part of a research project. Depending on the further development progress, integration could become possible within a timeframe of 5 to 10 years.” cf. https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-449452)

Speaking of the Mercedes-Stern: In mid-April, Mercedes-Benz quietly adopted a redesign of their iconic three-pointed star logo for their print and digital communication - a minimalist, monochrome flat version. It now comes in 2D white or 2D black rather than the familiar 3D metallic silver. However, vehicles will continue to be adorned by the classic three-dimensional emblem in chrome, which will also still be used as an architectural element at trade shows.

2D statt 3D? Was hat es mit dem neuen Logo von Mercedes auf sich?

Mercedes-Benz zeigt seinen berühmten Stern ab sofort im 2D-Look – digital flach, analog glänzend. Was hinter dem Designwechsel steckt.

www.ingenieur.de

For those interested who do not speak German, here is a link to an article in English:

Mercedes-Benz Unveils New Logo: A Shift to Digital Simplicity

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

themunicheye.com

---

But now back to our Marquee EAP customers.

@manny100 has repeatedly posted about periodically confirming with our company that we retain a “commercial relationship” with all the Marquee brands listed on our website.

Here’s one such post, which is about six weeks old, so the info provided should have been fairly up-to-date at the time:

I continue to consider the terms “commercial relationship” or “commercial engagement” wishy-washy, as they’ve never been properly defined and - as far as I am aware of - seem to have been used only in private communication between our company and enquiring shareholders, not in public presentations or on our website.

(And generally speaking, I personally wouldn’t automatically expect all customers listed on a company’s website to be current customers - after all, why not use illustrious names of past customers as well when promoting your own brand?)

What is very interesting now is the fact that with the launch of the redesigned BrainChip website, one previously confirmed Marquee EAP customer has suddenly vanished into thin air: For some reason, VORAGO Technologies is no longer listed as a customer of ours on the landing page (even though it still gets a mention on the Investor Relations page, which is possibly pre-mid-December 2024 copy and paste content, though, that hasn’t been updated, given the Frontgrade Gaisler IP license is not yet reflected, cf. https://investor.brainchip.com/):

Another sloppy mistake that hasn’t yet been rectified or is there more to it?

As I remarked a week or so ago, the Partners section on the BrainChip landing page is still missing EDGX, MulticoreWare, MYW.AI and NEUROBUS - and also ANT61, by the way, which strangely doesn’t even show up under Solutions Enablement Partners (like the others do).

It seems odd, though, that VORAGO was simply forgotten, as the Customers section is not exactly huge.

So, let’s assume it was deliberately removed, then.
… But why now, after all these years?

To the best of my knowledge there has never been a SBIR II phase involving both VORAGO and Akida.
Yet, VORAGO continued to be listed as one of our marquee brands for years:

Correct me if I am wrong, but so far, we haven’t heard anything about a SBIR II phase of that Vorago Technologies (previously Silicon Space Technology Corporation) proposal with Jim Carlquist as principal investigator, and a search on NASA’s website didn’t yield any relevant results beyond said SBIR I CNN RNN project, for which BrainChip received a one-time payment of US$ 50,000 from NASA on 21 Dec 2020 according to
https://www.usaspending.gov/award/CONT_AWD_80NSSC21P0633_8000_-NONE-_-NONE-

Maybe VORAGO never formally updated BrainChip on their progress, so our company considered it an ongoing “commercial relationship” of an EAP customer until they were recently formally notified by VORAGO that they would no longer pursue further research based on the completed SBIR I phase?

I noticed that the launch of our redesigned website coincided with an announcement of a strategic collaboration between VORAGO and Frontgrade Technologies (the US parent company of our Sweden-based partner Frontgrade Gaisler), but that doesn’t explain why VORAGO would simultaneously have ceased to be a BrainChip customer?

Frontgrade Technologies and VORAGO Announce Strategic Collaboration to Advance Space Computing Solutions for Autonomous Applications | Frontgrade

Relationship focuses on co-developing high-performance, radiation-hardened computing systems for next-generation space missions

www.frontgrade.com

 

[Rach2512]

Revolutionizing Eye Tracking With Event-Based Sensing

Event based sensing for wearables provides a low size, weight and power consumption solution for eye tracking in wearable devices like AR/VR headsets and smart glasses.

www.forbes.com

Some snippets

Mentions Sony is a customer of Tobii.

 

[DK6161]

View attachment 86184

This week marks the end of my four year tenure as Director, Global… | Tony Dawe, GAICD

This week marks the end of my four year tenure as Director, Global Investor Relations at Brainchip. My position has been made redundant and I leave with a sense of optimism for my future. I wish the Board, employees and 46,000 passionate BRN shareholders all the very best. I wanted to...

www.linkedin.com

Learning

Global investors relations.
Wow! how's the relationship with shareholders, mate?
Definitely a well earned holiday from doing SFA.

 

[gilti]

Well if the headquarters and pretty much thr rest of team is in the USA it does. Who's left in Aus

Shareholders

 

[Mccabe84]

Shareholders

They dont seem to care about them

 

[CHIPS]

Well if the headquarters and pretty much thr rest of team is in the USA it does. Who's left in Aus?

My first thought, when I read that Tony left, was that it saves the company money.
My second thought was ... I know this ... I lived it in the past ... when I worked for companies that "let people go" just to sell the company shortly after. Company buyers do not want the headcount and all the responsibilities connected to it, but only the product and its most important development staff.

For 5 USD or more, I would be fine with it. If the buyer is NVIDIA, I would then buy loads of their stock right away.

 

[Pom down under]

Sorry to crash your thread guys but is anyone here having their posts deleted or is it just people on the AVZ threads?

Not just posts on our channel but entire threads being wiped out without any input from the moderators. Messages to @zeeb0t are going unanswered leading us to think that he may have been locked out or the site has been sold?

Again, sorry to interrupt, have a good night.

""Deleting files from a forum is classified as interfering with a carriage service.

Nobody is doing this for fun. I believe this is an orchestrated attack.

"Hacking a forum could potentially fall under Australian laws related to using a carriage service to menace, harass, or cause offence. Under Section 474.17 of the Criminal Code Act 1995 (Cth), it is an offence to use a carriage service in a way that is menacing, harassing, or offensive. Since a carriage service includes internet-based communications, hacking a forum could be considered unlawful if it involves unauthorized access, disruption, or harm to others.

Additionally, cybercrime laws in Australia cover offences such as unauthorized access to restricted data and impairment of electronic communication, which could apply to hacking. The penalties for such offences can be severe, including imprisonment."

Regarding the mass deletion of posts on the AVZ forum""

Yes I’ve had many deleted

 

[Pom down under]

Found a few videos of this years AGM maybe there are more

The Mayne Report - 5 questions lodged at 2025 Brainchip hybrid AGM

 

[IloveLamp]

https://www.cadence.com/en_US/home/tools/silicon-solutions/ai-ip-platform/tensilica-neuroedge-ai-co-processor.html

#cadence #tensilica #intelligentsystemdesign | Amol Borkar

A few weeks ago, Cadence introduced the Tensilica NeuroEdge AI Co-Processor. A new class of processor in the Tensilica family. Designed for seamless integration with Cadence's own Neo NPUs, a customer’s homegrown NPU, or even third-party NPU IP. Watch me explain how this innovative processor...

www.linkedin.com

#xr #ai | Ziad Asghar | 20 comments

It was great to be at Nasdaq for the opening bell as a part of Qualcomm 40th anniversary with Qualcomm leadership team. If there is one aspect that stands out over these forty years, it is innovation. We are creating #XR and #AI technologies to drive the spatial computing revolution...

www.linkedin.com

 

[Frangipani]

#xr #ai | Ziad Asghar | 20 comments

It was great to be at Nasdaq for the opening bell as a part of Qualcomm 40th anniversary with Qualcomm leadership team. If there is one aspect that stands out over these forty years, it is innovation. We are creating #XR and #AI technologies to drive the spatial computing revolution...

www.linkedin.com

View attachment 86228 View attachment 86229

The AWE Steve Brightfield mentions in his comment is next week’s Augmented World Expo in Long Beach, CA, where BrainChip will be exhibiting and demoing the TENNs Eye-Tracking Model:

https://www.awexr.com/

Ready-to Use Akida Neural Network Models

BrainChipTM provides a set of pre-trained, documented and supported network architectures. Here is a variety of models that are available in our model library in the Developer Hub: Download the Akida 1 Model Brochure Download the Akida 2 Model Brochure Explore Akida’s Model Library

brainchip.com

Learn more about AWE - a leading VR events provider

Find out more about a series of major conferences and exhibitions (USA, EU, Asia) featuring the leading XR companies and speakers and the best networking in XR

www.awexr.com

 

[Mccabe84]

My first thought, when I read that Tony left, was that it saves the company money.
My second thought was ... I know this ... I lived it in the past ... when I worked for companies that "let people go" just to sell the company shortly after. Company buyers do not want the headcount and all the responsibilities connected to it, but only the product and its most important development staff.

For 5 USD or more, I would be fine with it. If the buyer is NVIDIA, I would then buy loads of their stock right away.

Interesting.

I would be more than happy with 5 USD.

 

[Baneino]

Interesting.

I would be more than happy with 5 USD.

"I truly believe that BrainChip can easily reach a valuation of $30 per share in the long term – and that’s not just wishful thinking, it’s based on solid fundamentals and a unique technological position."
Neuromorphic architecture is the future
BrainChip is the global leader in neuromorphic AI chips. Its Akida processor enables edge computing with ultra-low power, real-time learning, and no cloud dependency – a game-changing alternative to traditional von Neumann architectures (like those used by Nvidia or AMD).
→ In a world that’s rapidly adopting billions of edge sensors (IoT, defense, healthcare, automotive), autonomous edge AI isn't optional – it’s inevitable.
Huge long-term revenue potential
According to projections from Fintel.io, BrainChip is expected to generate around $469 million in revenue by 2025. With a conservative price-to-sales (P/S) ratio of 15 (typical for high-growth IP-driven tech), this suggests a valuation of ~$7 billion.
→ Divided by ~2.4 billion shares, that’s about $2.90 per share – without accounting for further growth.
But with a projected 40% CAGR in Edge AI markets through 2032, and the possibility of Akida becoming a standard in autonomous systems, a P/S multiple of 30+ is entirely reasonable → making $30 per share a realistic long-term outcome.
3. Strategic partnerships are already in place
BrainChip is working with Airbus Defense & Space, ARM, Socionext, and others. These aren’t just “news headlines” – they reflect real industry validation from top-tier players.
4. Strong IP moat & unique technology
Akida is not just another AI accelerator – it’s a fundamentally different processing paradigm, inspired by the human brain (Spiking Neural Networks).
→ This kind of technological shift only happens every few decades. Early investors in Nvidia (2003) or Tesla (2012) know how this plays out. Visionäres Potenzial (denken Sie an 2030+)
If BrainChip gains traction across automotive, defense, medical, consumer, and industrial AI, a $50–100 billion market cap is not out of reach.
→ With ~2.4 billion shares outstanding, that translates to $20–$40 per share. If buybacks or acquisitions occur, $
30 is well within reason.


If BrainChip reaches €30 per share, the company would be worth approximately:

€72 billion

or $77.8 billion USD



---

Context / Comparison:

As of 2025:

NVIDIA: over $2 trillion USD

AMD: around $300–400 billion USD

Palantir: approximately $80–100 billion USD



At €30 per share, BrainChip would be valued in the range of global tech giants – a realistic target if Akida becomes a foundational technology in sectors like automotive, defense, heal
thcare, and industrial AI.

Of course this is my opinion not investment advice.

Kind regards from Germany

 

[ndefries]

My first thought, when I read that Tony left, was that it saves the company money.
My second thought was ... I know this ... I lived it in the past ... when I worked for companies that "let people go" just to sell the company shortly after. Company buyers do not want the headcount and all the responsibilities connected to it, but only the product and its most important development staff.

For 5 USD or more, I would be fine with it. If the buyer is NVIDIA, I would then buy loads of their stock right away.

This is more and more a US business. The listing in the US is the final step. Having IR at head office preparing investor presentation and supporting the potential relisting in partnership with the CFO would be the plan.

 

[7für7]

Since we’re already writing fantasy scenarios… why not make it 10 US dollars?

And uh… just asking…on what basis is a price like that even remotely realistic?
Even 5 dollars?

Just asking for Tony.

Yeeeeehaaaaa GO BRAINCHIP!!!!

 

[ceej]

He said his role was made redundant. If that is the case then there wouldn't be a re-hire.

Could be redundant in aust and going forward positioned in US?

 

[Bravo]

What have we here?

Arm says new Zena platform can cut car development time by 50%

A significant part of the issue lies in the long and tedious automotive development process, particularly in how technology is adopted into modern vehicle platforms. Traditionally, automakers...

www.techspot.com

Arm CPU Tech Aimed at AI-Defined Vehicles​

The new Zena Compute Subsystem platform is designed to work seamlessly with other SoC components, providing automakers with development speed and flexibility as they move toward new, more powerful electronic architectures.

David Zoia, Senior Contributing Editor
June 4, 2025
4 Min Read

Arm says new Zena Compute Subsystem technology to help power the transition to AI-defined vehicles.

Semiconductor technology specialist Arm is launching a new central processing unit (CPU) platform it says will cut engineering demand for automakers 20% and trim vehicle-development time 12 months as the industry moves past the software-defined-vehicle stage and toward artificial-intelligence-defined vehicle architectures.

The AI-defined vehicle, a concept that appeared to surface for the first time late last year, is the next leap eyed in automotive electronics. Like SDV platforms, AI-defined vehicles will feature centralized, high-powered computers stocked with updatable software, but in this case the software will be AI-driven and allow for more advanced automated-driving functionality and sophisticated interaction between the vehicle and its occupants.

The Arm Zena Compute Subsystems platform is designed specifically for automotive applications. It consists primarily of 16 Arm CPUs, a safety island and a security enclave that can be paired with any GPUs (graphics processing units) and NPUs (neural processing units), and other components of an OEM’s choosing, to produce a complete system on a chip (SoC) that is both scalable and flexible. The identical platform can be deployed for advanced automated-driving functions, as well as for in-vehicle infotainment and vehicle system controls.

“The AI-defined vehicle will be the future of Arm,” Dipti Vachani, senior vice president and general manager of Automotive, says during a media backgrounder tied to the launch of the Zena CSS for testing. “(And) the Arm platform will be necessary to deploy the AI-defined vehicle.”
News of cutbacks to development programs for next-generation battery-electric-vehicle platforms – once earmarked to lead the transition to SDVs and beyond – and fits and starts in OEM efforts to develop more sophisticated software-driven electronics architectures, have led to some uncertainty as to when the transition to smart vehicles may occur. But Vachani believes Arm has made the right bet with the Zena CSS technology that is geared to driving such a transformation.

“The movement to AI in the car is absolutely happening,” she says, noting every automaker is looking to move up ADAS capability toward more fully autonomous vehicles and integrate AI into the user experience inside the cabin. “So, AI workloads are becoming table stakes.
“No one is debating whether or not AI is going into the car,” she adds. “That’s going to happen. It’s not if, but when. It’s more a conversation of, ‘What’s it going to look like? What’s my brand stand for and how do I want my consumers to experience AI in my car?’”

That dilemma is where Zena CSS can shine, Vachani says, because the platform allows for OEMs to customize their SoCs any way they want and simply add multiple boards to meet their processing power demands, leaving more time for their engineers to focus on differentiating the technology according to their brand objectives.

OEMs are demanding three things when it comes to development of these new AI-defined vehicle architectures, the Arm executive says: They want the flexibility to innovate and the ability to scale the technology across vehicle platforms and their various brands, as well as shorter development times in order to speed new products to market.

“It’s amazing to me that we’re (now) launching more new technology into the car than we see in other industries,” Vachani says, noting automakers long have been criticized for lagging behind in releasing new software features.

Zena CSS comes pre-validated and integrated with other SoC technology, the key to allowing automakers to potentially cut a year off development time. It is compatible with SOAFEE (Scalable Open Architecture for Embedded Edge) standards, so it will work seamlessly with software and systems that meet that protocol, Arm says, giving automakers access to a smorgasbord of software and services offered by third-party developers that can be incorporated more easily into their future vehicles.
Zena “is huge for the SOAFEE ecosystem,” Vachani says.

Arm says Zena CSS has already been delivered to select partners for testing and it expects to ship demonstration units more broadly in September. The company declines to speculate when it might see production applications.

Suraj Gajendra, vice president of automotive products and software solutions, sums up Arm’s play this way: “The movement to AI is absolutely happening. We are ahead of the game here. We have sort of predicted where this is going, and there needs (to be) some foundations that have to be set on how technology will evolve to support these use cases in the future. And that’s what Arm has been part of.”Arm’s semiconductor IP is licensed by a number of chipmakers and has been a factor in the automotive market for more than 20 years. The U.K.-based company says its technology is deployed by 94% of the world’s automakers and the top 15 automotive processor suppliers. Its revenues have nearly tripled in the past five years, Vachani says.

Arm CPU Tech Aimed at AI-Defined Vehicles

The new Zena Compute Subsystem platform is designed to work seamlessly with other SoC components, providing automakers with development speed and flexibility as they move toward new, more powerful electronic architectures.

www.wardsauto.com

 

[Beebo]

This is more and more a US business. The listing in the US is the final step. Having IR at head office preparing investor presentation and supporting the potential relisting in partnership with the CFO would be the plan.

Can’t happen soon enough!

 

[7für7]

Can’t happen soon enough!

“Soon enough” Oh sure… a US listing will obviously fix everything.
Still, no sustainable business model, barely any visible revenue, no real proof-of-value in the market? No worries! Just slap the logo on NASDAQ, and boom…trust, investors, billions. Because… you know, Uuuu sss aaa!!!

I mean, who needs actual paying customers when you’ve got a potential listing on PowerPoint, right?

But seriously…do you even realize what that would mean for your shares if we just jumped into the US market like that?
Would you be happy holding 5 shares after a massive reverse split just to see us at 4 bucks… only to crash to 1 dollar once Wall Street tears us apart?

Think about it before wishing for this fantasy.
Unless, of course, you’re shorting – then it makes perfect sense.