BRN Discussion Ongoing

[DingoBorat]

That’s right look at lithium. Unfortunately this is how it is for now, nearly all companys have dropped upto 80% down. I’m just hoping our ceo statement is factual from earlier this year and we get to be break even and pay for all of our own shit. That will make me so fking happy. Remember all have a plan before investing. 2025 is when I will legit be upset if we haven’t done anything by then. For now BRN is in the right place at the right time educating our future clients and working on projects I assume to prove this e.g. nasa and our most recent nvisio.

Hey Izzy and @Dozzaman1977, Sean, definitely did not say, that we would be breakeven by the end of the year, with the increase to 100 employees.

We have to keep it real here, to avoid unrealistic expectations, in regards to near term revenue.

I've got no idea, what the increase in employees will cost the Company, but it's likely to increase our quarterly costs, to around US10 million, or more (from around 7 to 8 now).

It's this increase in costs, that he said "could" or "should" be covered, by revenue.
So ongoing costs, for the time being, would remain the same (7 to 8 million per quarter)..
For now..

He definitely, wouldn't have made a definitive "statement" about what revenue, was to be expected, he chooses his words carefully.

As we are an IP Company, with margins over 90%, revenues will eventually be and continue to grow, to possibly magnitudes greater than expenses.

It would be good, if someone could post the actual transcript, of that part of the interview, as there has been a lot of confusion, over what he said..

 

[Deleted member 118]

Hey Izzy and @Dozzaman1977, Sean, definitely did not say, that we would be breakeven by the end of the year, with the increase to 100 employees.

We have to keep it real here, to avoid unrealistic expectations, in regards to near term revenue.

I've got no idea, what the increase in employees will cost the Company, but it's likely to increase our quarterly costs, to around US10 million, or more (from around 7 to 8 now).

It's this increase in costs, that he said "could" or "should" be covered, by revenue.
So ongoing costs, for the time being, would remain the same (7 to 8 million per quarter)..
For now..

He definitely, wouldn't have made a definitive "statement" about what revenue, was to be expected, he chooses his words carefully.

It would be good, if someone could post the actual transcript, of that part of the interview, as there has been a lot of confusion, over what he said..

The company is really struggling to fill the last 5 positions, which I hope doesn’t doesn’t causes any delays for our customers, but at least it will keep our costs down, each position has been advertised for over 30 days and not one position filled, so that does ring some alarm bells with me, maybe they need someone dedicated to recruitment.

Ps that’s all my negativeness of my chest now.

 

[robsmark]

Hey Izzy and @Dozzaman1977, Sean, definitely did not say, that we would be breakeven by the end of the year, with the increase to 100 employees.

We have to keep it real here, to avoid unrealistic expectations, in regards to near term revenue.

I've got no idea, what the increase in employees will cost the Company, but it's likely to increase our quarterly costs, to around US10 million, or more (from around 7 to 8 now).

It's this increase in costs, that he said "could" or "should" be covered, by revenue.
So ongoing costs, for the time being, would remain the same (7 to 8 million per quarter)..
For now..

He definitely, wouldn't have made a definitive "statement" about what revenue, was to be expected, he chooses his words carefully.

It would be good, if someone could post the actual transcript, of that part of the interview, as there has been a lot of confusion, over what he said..

I think we need to find a source for this, because there conflicting opinions on what our CEO said. I remember it differently, but will happily retract my post in the previous thread if proven wrong.

 

[hotty4040]

Just made a chocolate and wallnut brownie cake for deserts later as well, just needs popping in the oven and served with either custard or ice cream View attachment 10557

And one man size pot of stew that has been slow cooking for 5 hours and about to add the potatoes already for my poker playing friends later.

View attachment 10558

Party time, in the extreme, R577. Just where ever you are, please invite me over for a round or 2 ( hoping of course that your playing the short hand game, which I love ) and a serve of what's on offer, with some nice hot chillies, and a can or 3 of my favorite guinness, I'd be in heaven again, absolutely. The aces will surely appear for you often I reckon. Enjoy everything. Your living like a king IMHO.

Akida Ballista >>>>>> Royal Flush in the making, and 4oak already <<<<<<


hotty...

 

[Fact Finder]

Haven't looked much into TATA & your post prompted a look.

On Arijit Mukherjee and the below may been posted previously(?) I see he also co-authored a white paper as per snip below.

Is on the TCS website and whilst doesn't appear dated it can be seen that the links on the bottom of pages to some reference material they quote has access dates late Feb 22 which suggests maybe a Mar 22 release earliest?

Creating Futuristic Edge Systems with Neuromorphic Computing

As AI techniques on classical processor architecture become a concern, explore neuromorphic computing to create futuristic systems with intelligence at the edge.

www.tcs.com

View attachment 10561

The following is so new it is not even on Tata Powers web site. I have read at least ten articles and not one explains what the Ai component of the Ai smart sensor is beyond the letters “Ai”.

Tata Power launches new AI-Powered smart home automation energy solutions on this World Environment Day

tata power launches new ai-powered smart home automation energy solutions,world environment day,

www.gadget-innovations.com

In the process of trying to find details I did see a lot of articles publicising the Tata Renesas partnership.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[mrgds]

Time for a "GREEN BABY ROCKETS YEAH" @wilzy12 .................
Heres my "GREEN BABY, ............ YEAH"

 

[Fact Finder]

Organic AI

AnotherBrain creates Organic AI. It's a new kind of artificial intelligence inspired from how the human brain works which is much more powerful that already existing AI technologies.

anotherbrain.ai

AnotherBrain develops a new generation of artificial intelligence: Organic AITM. It is bio-inspired and close to how cortex works. Our technology is frugal in energy and data, it learns autonomously, and can explain its decisions. Embedded on an ASIC chip, this human-friendly technology works in real time without using the cloud and offers new possibilities for industries such as Supply Chain/Manufacturing, Automotive, Defense or IoT.​

Our goal is to bring a true (or so called “general”) intelligence for people and companies that will be able to adapt and react appropriately in unexpected situations. With this Organic AITM, we hope to make life easier for people, but also to respond to the major societal stakes (healthcare, defense, environment, security) and to expand the field of possibilities for humankind.

Are they breaching our patents or using our IP? Or have they found another way to do learning on chip?

When you dig into their website you discover:

“To overcome productivity problems manufacturers experienced due to visual quality control, AnotherBrain has developed a solution embedding AI algorithms that can imitate an operator’s thinking methods.
Our solution allows to address all types of defects on all types of products.”

They are software.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

The company is really struggling to fill the last 5 positions, which I hope doesn’t doesn’t causes any delays for our customers, but at least it will keep our costs down, each position has been advertised for over 30 days and not one position filled, so that does ring some alarm bells with me, maybe they need someone dedicated to recruitment.

Ps that’s all my negativeness of my chest now.

Well those who are holding Nvidia, Google and Amazon need to panic as well as they too are struggling to recruit.

There is a world wide shortage of engineers and data scientists.

By the way there is a salmonella alert for European chocolate out today.

 

[Slade]

My prediction for what it’s worth. We will be above $1 by the end of the month and won’t look back.

 

[Dozzaman1977]

Hey Izzy and @Dozzaman1977, Sean, definitely did not say, that we would be breakeven by the end of the year, with the increase to 100 employees.

We have to keep it real here, to avoid unrealistic expectations, in regards to near term revenue.

I've got no idea, what the increase in employees will cost the Company, but it's likely to increase our quarterly costs, to around US10 million, or more (from around 7 to 8 now).

It's this increase in costs, that he said "could" or "should" be covered, by revenue.
So ongoing costs, for the time being, would remain the same (7 to 8 million per quarter)..
For now..

He definitely, wouldn't have made a definitive "statement" about what revenue, was to be expected, he chooses his words carefully.

As we are an IP Company, with margins over 90%, revenues will eventually be and continue to grow, to possibly magnitudes greater than expenses.

It would be good, if someone could post the actual transcript, of that part of the interview, as there has been a lot of confusion, over what he said..

Your wrong, how about you actually watch and listen to the interview, the question the interviewer asked, and Sean's answer about the timeline he believes the breakeven will occur.
There are no" defina
tes" in business or in life.

 

[DingoBorat]

When you dig into their website you discover:

“To overcome productivity problems manufacturers experienced due to visual quality control, AnotherBrain has developed a solution embedding AI algorithms that can imitate an operator’s thinking methods.
Our solution allows to address all types of defects on all types of products.”

They are software.

My opinion only DYOR
FF

AKIDA BALLISTA

Yes, but in 2019, they raised 19 million Euro, in an effort to implement onto ASIC..

France’s AnotherBrain raises €19 million Series A for their “OrganicAI”.

Deep learning company AnotherBrain has announced the first closing of their Series A, to the…

tech.eu

OrganicAI™ is currently delivered as software, but the company plans to make the technology available soon on an AI-chip.

Their tech looks pretty good, so we should be digging, to see if they've managed to produce a chip..

 

[DingoBorat]

Your wrong, how about you actually watch and listen to the interview, the question the interviewer asked, and Sean's answer about the timeline he believes the breakeven will occur.

If you can point me to the interview, I will transcribe what he said.

I know, in my own mind, I am not wrong.

I carefully listened and re listened, to what he said at the time.

And also remember, that there was confusion over what he said, even when the interview, was still fresh.

 

[Fact Finder]

Yes, but in 2019, they raised 19 million Euro, in an effort to implement onto ASIC..

France’s AnotherBrain raises €19 million Series A for their “OrganicAI”.

Deep learning company AnotherBrain has announced the first closing of their Series A, to the…

tech.eu

OrganicAI™ is currently delivered as software, but the company plans to make the technology available soon on an AI-chip.

Their tech looks pretty good, so we should be digging, to see if they've managed to produce a chip..

Well if they have you would think it would be on their website. No mention of a date by which it will turn up.

I don’t see them as other than another startup making claims which means in terms of chip development at least three years behind.

@Diogenese woild be able to find a patent given they have been making their claims for more than 18 months now.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Proga]

This is a great video, a must watch, especially the first few minutes.

Mercedes Chief Software Officer Magnus Ostberg saying that just “1 standardised chip that will do all by 2024”

Thanks chapman. That was great timing. Confirmed part of what I said yesterday - The 2024 release will involve the Akida full package which includes not only the lidar but the driver and passenger monitoring systems, infotainment (hey Mercedes), drivetrain and probably a few others which I haven't thought about. It will be standard in all vehicles not only the above 2.

 

[Fact Finder]

If you can point me to the interview, I will transcribe what he said.

I know, in my own mind, I am not wrong.

I carefully listened and re listened, to what he said at the time.

And also remember, that there was confusion over what he said, even when the interview, was still fresh.

My recollection accords with your recollection for what it is worth.

My opinion only DYOR
FF

AKIDA BALLISTA

PS: Also agree with @TECH on the next 4C not containing any income to speak of.

 

[DollazAndSense]

When you dig into their website you discover:

“To overcome productivity problems manufacturers experienced due to visual quality control, AnotherBrain has developed a solution embedding AI algorithms that can imitate an operator’s thinking methods.
Our solution allows to address all types of defects on all types of products.”

They are software.

My opinion only DYOR
FF

AKIDA BALLISTA

I was at work so I jumped the gun without deeper digging! I get too exited whenever I see something that could have Akida in it, ha.

https://www.eetimes.eu/ai-needs-brain-inspired-technology-for-real-intelligence/

“But in the brain, you have functions called cortical columns. If you understand what those columns are doing, which is known science, then you can reproduce these functions — either through networks of neurons, neural networks, which is very difficult, or directly by classical electronics. At AnotherBrain, we are using classical electronics to reproduce functions that are the functions of the cortical column.”

Instead of considering the human brain at the microscopic/neuron level, as in deep learning, AnotherBrain is replicating the brain’s behavior at a more macroscopic scale, wherein large neuronal populations have a dedicated function such as the perception of motion or curvature. “We are focused on the creation of an ecosystem rather than just the technology,” said Maisonnier.

 

[Dozzaman1977]

Sean Hehir interview with the strawman 28/03/2022
At the 42.18 minute mark the Strawman asked a question basically when will brainchip be in a position of breakeven .
Quote Seans answer "Remember when i talked building up to 100 people or so this year, we think at that point we actually at a pretty good size scale and were are going to say after that the revenue growth will start to outgrow the expense growth pretty rapidly, thats the model that were going to start to see in leverage"
Now the captions in the interview at this time says "start to grow the expense growth" but if you listen closely to Sean in the interview he says "start to outgrow the expense growth"
He also states " He has a model"
He also states "Line of sight"
I believe this is the correct time frame for when Brainchip will reach the breakeven (from end 2022 into early 2023) if nothing out of the ordinary has happened internally since
IMO Sean would have a Strategic business plan in place with a timeline of objectives based on internal information including hiring a CMO and business expansion etc etc
Things change thats business, but going to trust what our CEO has stated in the interview which was less than 2 months old.

 

[TheUnfairAdvantage]

Sean Hehir interview with the strawman 28/03/2022
At the 42.18 minute mark the Strawman asked a question basically when will brainchip be in a position of breakeven .
Quote Seans answer "Remember when i talked building up to 100 people or so this year, we think at that point we actually at a pretty good size scale and were are going to say after that the revenue growth will start to outgrow the expense growth pretty rapidly, thats the model that were going to start to see in leverage"
Now the captions in the interview at this time says "start to grow the expense growth" but if you listen closely to Sean in the interview he says "start to outgrow the expense growth"
He also states " He has a model"
He also states "Line of sight"
I believe this is the correct time frame for when Brainchip will reach the breakeven (from end 2022 into early 2023) if nothing out of the ordinary has happened internally since
IMO Sean would have a Strategic business plan in place with a timeline of objectives based on internal information including hiring a CMO and business expansion etc etc
Things change thats business, but going to trust what our CEO has stated in the interview which was less than 2 months old.

Funny. Just finished watching the interview to get clear in my mind what was said.



That’s the link to the interview.

Now. Agree what was said where it was said. Interpretation might be a little different though. Let’s say whilst recruiting and ramping sales and marketing, expenditure was growing at say 50%. What I think Sean is saying that revenue growth will outgrow expenditure growth i.e revenue growth will be more than 50% quarter on quarter. Who knows what the revenue growth factor is, but the percentage growth will be higher than the growth rate of expenditure. Not convinced he was referring to $ in the context of the conversation and answer.

 

[DingoBorat]

Sean Hehir interview with the strawman 28/03/2022
At the 42.18 minute mark the Strawman asked a question basically when will brainchip be in a position of breakeven .
Quote Seans answer "Remember when i talked building up to 100 people or so this year, we think at that point we actually at a pretty good size scale and were are going to say after that the revenue growth will start to outgrow the expense growth pretty rapidly, thats the model that were going to start to see in leverage"
Now the captions in the interview at this time says "start to grow the expense growth" but if you listen closely to Sean in the interview he says "start to outgrow the expense growth"
He also states " He has a model"
He also states "Line of sight"
I believe this is the correct time frame for when Brainchip will reach the breakeven (from end 2022 into early 2023) if nothing out of the ordinary has happened internally since
IMO Sean would have a Strategic business plan in place with a timeline of objectives based on internal information including hiring a CMO and business expansion etc etc
Things change thats business, but going to trust what our CEO has stated in the interview which was less than 2 months old.

"Remember when i talked building up to 100 people or so this year, we think at that point we actually at a pretty good size scale and were are going to say after that the revenue growth will start to outgrow the expense growth pretty rapidly, thats the model that were going to start to see in leverage"

I think you're interpereting, what he said, incorrectly.

The "expense growth" is the increase in costs of the new employees, not previous expenses, of 7 to 8 million dollars per quarter.

My interpretation, is that he's saying the "revenue growth" will begin to outgrow, these "increased" expenses.

Expecting around 10 million dollars US, in the December quarterly, is entirely unrealistic, in my opinion..

 

[Saap25]

Can someone throw more light on this ETF special trade - cross trade at 4.50pm today ?

04:50pm AEST

--

-2,147,483,648

--

ETXT