What I realise is if the company was progressing the shorts wouldn’t be playing such a hard game , they have no fear due to the lack of market traction.
If the company didn’t have to constantly borrow money to stay afloat, there wouldn’t be the abundance of shares available to short .
Hi TTM,
The ASX has no way of evaluating not just the potential, but the very real technical advantages of Akida/TENNs. PvdM's original revolutionary concept of a silicon SNN, itself a worldbeater, has been improved on by TENNs. Chris Eliasmith (ABR_) applied converging orthogonal polynomials (don't ask me!) in software (genius). Rudy and Olivier implemented it in silicon - again pure genius.
Implementing these functions in silicon is much more energy efficient and has much lower latency.
Added to this is the fact that TENNs can operate on smaller models using small MACs (4*4 or 8*8) compared with 16*16 or 32*32, further improving power efficiency. I'm assuming we still also have the N-of-M input (activation) compression from Akida 1.
All these concepts are, of course, second nature to your average Australian day-trader.
It is usual for pre-revenue mineral explorers to be valued on their potential as determined from the drill assays, measured/indicated/inferred.
Given the virtually unlimited future market for AI processors, BRN's "measured" potential could be estimated by comparison with the technical comparison with competitors. At the edge, going on what we know of the competition, Akida/TENNs would appear to be at the top of the pile on the crucial metrics of power consumption, latency and accuracy.
I guess there is some tradeoff between accuracy (bit count) and power efficiency, and that is why we are building a protfolio of products:
pico for ultra-low power,
the 4-bit 1500 for very low power,
the 8-bit Akida 2 for greater precision,
the 16/32 bit Akida 3 for very high precision,
the 32 bit GenAI for "language models" .
We have been forced to develop this portfolio as the market began to realize what it needed from AI.
The market awakening to its needs only began a couple of years ago, so our advances on the technical front have been nothing short of astounding.
In this rapidly evolving market, the marketers have had their work cut out for them, as the customers awoke to their expanding AI needs.
This has left BRN with a lack of viable income in the short term during the market evolution, but when they get to their destination, they'll find us there ready and waiting.
his ridiculous statement has done more harm than good , simply laughable & a prime example of how removed he is from the market’s & share holders expectations.
