BRN Discussion Ongoing

[Sirod69]

i always try to understand you all not so easy, i learnt informatic at the year of 1990 long time ago

 

[Fact Finder]

Sean, as usual, was great in his presentation. Here are some notes that jumped at me:

Heavily engaged with a communications company - they don’t build chips, but may buy our IP and have chips built on their behalf.

We have the best kept secret. Next quarter we will begin to see moves on getting the word out in a loud and impactful way.

Watch the financials instead of waiting for BRN to talk about products. (Confidentiality!)

PCI boards: low 100s sold. Not our business model.

EAPs…virtually all still actively engaged.

7-8 years we will become the standard in edge Ai.

Not worried about financials. 19million in the bank.

My favorite…we will exit this year with around 100 head count…good scale and size to tackle the market…revenue growth will begin to outgrow expense growth. Sean and The Board have a line of sight to cash flow break even!

Let’s GO!

Sean, as usual, was great in his presentation. Here are some notes that jumped at me:

Heavily engaged with a communications company - they don’t build chips, but may buy our IP and have chips built on their behalf.

We have the best kept secret. Next quarter we will begin to see moves on getting the word out in a loud and impactful way.

Watch the financials instead of waiting for BRN to talk about products. (Confidentiality!)

PCI boards: low 100s sold. Not our business model.

EAPs…virtually all still actively engaged.

7-8 years we will become the standard in edge Ai.

Not worried about financials. 19million in the bank.

My favorite…we will exit this year with around 100 head count…good scale and size to tackle the market…revenue growth will begin to outgrow expense growth. Sean and The Board have a line of sight to cash flow break even!

Let’s GO!

Great post and very accurate however I think it is important to point out that the $19 million was stated by the interviewer who took that number from the financials of the company before the most recent LDA Capital call.

So two things the $19 million is US dollars so Aussie investors need to convert to understand its value.

The second is you have to add approximately $15 million less the commission which I think brought it back to $13.8 million for the LDA Capital call. (See the last 4C)

This is why Sean Hehir was so confident about Brainchip’s cash position.

My opinion only DYOR
FF


AKIDA BALLISTA

 

[Fact Finder]

View attachment 4152

Translation:

Thank you S69

I really enjoyed listening to SH, he is eloquent, strikingly very well versed with BRN technology and radiates with enthusiasm.

In addition, I had never seen Tony Dawe before in an interview, he spoke really well and his excitement was also contagious.

Thanks again, ............ and to @Slymeat for the questions

 

[Fact Finder]

If you have had the time to listen to Sean Hehir’s presentation then fresh in your memory should be the understanding that AKIDA technology is unique in the market place and it has ahead of all the world commercially mastered SNN computing.

With this in mind and probably another rocky day on the markets read the following and if you have time the whole paper from Valeo in 2019:

Exploring Deep Spiking Neural Networks for Automated Driving Applications​

01/11/2019
∙
by Sambit Mohapatra, et al.
∙
Hochschule Heilbronn
∙
Valeo
∙

0
∙

share
Neural networks have become the standard model for various computer vision tasks in automated driving including semantic segmentation, moving object detection, depth estimation, visual odometry, etc. The main flavors of neural networks which are used commonly are convolutional (CNN) and recurrent (RNN). In spite of rapid progress in embedded processors, power consumption and cost is still a bottleneck. Spiking Neural Networks (SNNs) are gradually progressing to achieve low-power event-driven hardware architecture which has a potential for high efficiency. In this paper, we explore the role of deep spiking neural networks (SNN) for automated driving applications. We provide an overview of progress on SNN and argue how it can be a good fit for automated driving applications

http://arxiv.org/pdf/1903.02080v1

In the words of the former CEO Mr. Dinardo it is “not if but when”.

In my opinion the answer to uncertain times is found in the science, the known facts and logic.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[TasTroy77]

Sean, as usual, was great in his presentation. Here are some notes that jumped at me:

Heavily engaged with a communications company - they don’t build chips, but may buy our IP and have chips built on their behalf.

We have the best kept secret. Next quarter we will begin to see moves on getting the word out in a loud and impactful way.

Watch the financials instead of waiting for BRN to talk about products. (Confidentiality!)

PCI boards: low 100s sold. Not our business model.

EAPs…virtually all still actively engaged.

7-8 years we will become the standard in edge Ai.

Not worried about financials. 19million in the bank.

My favorite…we will exit this year with around 100 head count…good scale and size to tackle the market…revenue growth will begin to outgrow expense growth. Sean and The Board have a line of sight to cash flow break even!

Let’s GO!

Tony says
Tony " total addressable market for edge Ai devices are estimated to be 60 billion within 3 years so in terms of market share you don't need to get a big chunk of that total addressable market to start to see REAL REVENUE in the order of billions of dollars we will seek to grab ad much market share as we can while we are first in the market and while we are the first and only producer of Neuromorphic Ai chips "

 

[wilzy123]

OHHHH YEAHHHH BABY!

 

[Sirod69]

https://twitter.com/SiFive

is a partner from brainchip

 

[Shadow59]

OHHHH YEAHHHH BABY!

Just watched Sean's presentation. How awesome was that!
The Mercedes video shows how amazing using akida will be.
More funds came through last night....sigh!
Looks like more shares for me. AGAIN!
I just still can't believe where the share price is with all that is coming up! DYOR

 

[Fact Finder]

For anyone interested in Valeo research I just came across this link to multiple Valeo research papers that might be of general and possibly specific interest:

DeepAI

Artificially intelligent tools for naturally creative humans.

deepai.org

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Justchilln]

Sean never lets any at all slip when it comes to customers we are working with so when he says we are close to signing a license with a major telco in my opinion it’s pretty much a done deal and they have given him permission to talk about it.
All my opinion stay tuned.

 

[Bravo]

I have been thinking about the above post and the quote attributed to Mercedes Benz:

“Mercedes acknowledges that while neuromorphic computing is still in its infancy, it says similar systems will be available in a variety of consumer products within a few years”

Unless Mercedes Benz is the one using AKIDA technology in consumer products how can it possibly know this?

One answer might be that Brainchip disclosed to them the other EAP customers using the AKIDA technology in breach of the NDA's which seems entirely out of the question.

The only other plausible answer I can think of is that those who are partnered with Mercedes Benz in bringing the EQXX vehicle to life are definitely working with Brainchip and the knowledge of this became known as part of the EQXX development.

So which of these two possibilities seems the most likely keeping in mind that Brainchip's technology is unique, patent protected and 5 to 10 times more efficient according to Mercedes than any competitor in the Hey Mercedes key word space?

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FF,

Mucho palusiblo IMO!

For example, Mercedes revealed that LG Electrics was behind the infotainment screen in the Vision EQXX, so I can't ennvisage any way that the concept car would have come to life without LG, BrainChip and Mercedes working in cahoots so to speak.

That's LG Electrics as in consumer electronics, home and kitchen appliances, smart phones and TV's! Maybe LG let the cat out of the bag on some other consumer products they've been working on with Akida inside?

 

[Sirod69]

i´ll see what tomorrow is i go to bed...

 

[Fact Finder]

If you have had the time to listen to Sean Hehir’s presentation then fresh in your memory should be the understanding that AKIDA technology is unique in the market place and it has ahead of all the world commercially mastered SNN computing.

With this in mind and probably another rocky day on the markets read the following and if you have time the whole paper from Valeo in 2019:

Exploring Deep Spiking Neural Networks for Automated Driving Applications​

01/11/2019
∙
by Sambit Mohapatra, et al.
∙
Hochschule Heilbronn
∙
Valeo
∙

0
∙

share
Neural networks have become the standard model for various computer vision tasks in automated driving including semantic segmentation, moving object detection, depth estimation, visual odometry, etc. The main flavors of neural networks which are used commonly are convolutional (CNN) and recurrent (RNN). In spite of rapid progress in embedded processors, power consumption and cost is still a bottleneck. Spiking Neural Networks (SNNs) are gradually progressing to achieve low-power event-driven hardware architecture which has a potential for high efficiency. In this paper, we explore the role of deep spiking neural networks (SNN) for automated driving applications. We provide an overview of progress on SNN and argue how it can be a good fit for automated driving applications

http://arxiv.org/pdf/1903.02080v1

In the words of the former CEO Mr. Dinardo it is “not if but when”.

In my opinion the answer to uncertain times is found in the science, the known facts and logic.

My opinion only DYOR
FF

AKIDA BALLISTA

The following LinkedIn account of this former Valeo now Qualcomm employee is very interesting particularly the following extracts as to what he did at Valeo and what he is doing at Qualcomm.
My opinion only DYOR
FF

AKIDA BALLISTA

Experience​

• 
  

  Principal Engineer​

  Qualcomm​

  Oct 2021 - Present7 months
• 
  

  Valeo​

  8 years 4 months

  • AI Architect for Automated Driving | Director level Technical Leader at Valeo​

    Jan 2019 - Oct 20212 years 10 months
    Tuam, Galway, Ireland
    ▪ One of the 5 leaders in AI Strategy Committee created to define & drive the AI strategy across
    the business group. Scope includes all aspects of automated driving and industrialization.
    ▪ Established extensive academic collaboration with the focus on using AI to impact our products,
    including top universities like Freiburg University, Alberta University & Indian Institute of Science.
    ▪ Engaged in research beyond visual perception including ultrasonic perception, lidar perception,
    fusion and reinforcement learning. Industry supervisor for 6 AI PhDs and 8 MS thesis.
    ▪ Impacted various product lines including interior cameras, ultrasonics & lidar for adoption of AI.
    ▪ Led the creation of the first fisheye camera dataset to encourage academic research (ICCV19
    
    https://ie.linkedin.com › senthilyoga...
    Senthil Yogamani - Principal Engineer - Qualcomm
    
    Galway Metropolitan Area · Principal Engineer· Qualcomm
    Principal Engineer at Qualcomm | AI Architect for Automated Driving ... Exploring Deep Spiking Neural Networks for Automated
    
    

 

[Sirod69]

in mercedes EQXX is Brainchip inside i know from Germany, where i live .... good night

 

[DJM263]

Video interview with BrainChip CEO, Sean Hehir

Thanks for Sharing @Sirod69, another 1,000 Eyes member..

I've been a long term holder since early 2015. This interview has given me much more resilience to the present negative noise around and I would highly recommend any holder to view if they have any sort of doubt or if you are considering to sell.

Now we just have to work out Who's the Communications Company

Akida BALLISTA

 

[Stable Genius]

The following LinkedIn account of this former Valeo now Qualcomm employee is very interesting particularly the following extracts as to what he did at Valeo and what he is doing at Qualcomm.
My opinion only DYOR
FF

AKIDA BALLISTA

Experience​

• 
  

  Principal Engineer​

  Qualcomm​

  Oct 2021 - Present7 months
• 
  

  Valeo​

  8 years 4 months

  • AI Architect for Automated Driving | Director level Technical Leader at Valeo​

    Jan 2019 - Oct 20212 years 10 months
    Tuam, Galway, Ireland
    ▪ One of the 5 leaders in AI Strategy Committee created to define & drive the AI strategy across
    the business group. Scope includes all aspects of automated driving and industrialization.
    ▪ Established extensive academic collaboration with the focus on using AI to impact our products,
    including top universities like Freiburg University, Alberta University & Indian Institute of Science.
    ▪ Engaged in research beyond visual perception including ultrasonic perception, lidar perception,
    fusion and reinforcement learning. Industry supervisor for 6 AI PhDs and 8 MS thesis.
    ▪ Impacted various product lines including interior cameras, ultrasonics & lidar for adoption of AI.
    ▪ Led the creation of the first fisheye camera dataset to encourage academic research (ICCV19
    
    View attachment 4157 https://ie.linkedin.com › senthilyoga...
    Senthil Yogamani - Principal Engineer - Qualcomm
    
    Galway Metropolitan Area · Principal Engineer· Qualcomm
    Principal Engineer at Qualcomm | AI Architect for Automated Driving ... Exploring Deep Spiking Neural Networks for Automated
    

Thanks FF.

That’s massive given he would have to have been working with Akida with Valeo.

The Qualcomm video posted by MC was all about EV ADAS cars. From memory the CEO stated he wanted to grow Qualcomm from $100B to $700B through cars and having them as an extension to the home.

Hoping we’re re a part of that and what you’ve posted indicates we’re a good chance!

The current SP is not a reflection of where we’ll be in 2025. I’m still accumulating.

Cheers!

 

[Fact Finder]

The following LinkedIn account of this former Valeo now Qualcomm employee is very interesting particularly the following extracts as to what he did at Valeo and what he is doing at Qualcomm.
My opinion only DYOR
FF

AKIDA BALLISTA

Experience​

• 
  

  Principal Engineer​

  Qualcomm​

  Oct 2021 - Present7 months
• 
  

  Valeo​

  8 years 4 months

  • AI Architect for Automated Driving | Director level Technical Leader at Valeo​

    Jan 2019 - Oct 20212 years 10 months
    Tuam, Galway, Ireland
    ▪ One of the 5 leaders in AI Strategy Committee created to define & drive the AI strategy across
    the business group. Scope includes all aspects of automated driving and industrialization.
    ▪ Established extensive academic collaboration with the focus on using AI to impact our products,
    including top universities like Freiburg University, Alberta University & Indian Institute of Science.
    ▪ Engaged in research beyond visual perception including ultrasonic perception, lidar perception,
    fusion and reinforcement learning. Industry supervisor for 6 AI PhDs and 8 MS thesis.
    ▪ Impacted various product lines including interior cameras, ultrasonics & lidar for adoption of AI.
    ▪ Led the creation of the first fisheye camera dataset to encourage academic research (ICCV19
    
    View attachment 4157 https://ie.linkedin.com › senthilyoga...
    Senthil Yogamani - Principal Engineer - Qualcomm
    
    Galway Metropolitan Area · Principal Engineer· Qualcomm
    Principal Engineer at Qualcomm | AI Architect for Automated Driving ... Exploring Deep Spiking Neural Networks for Automated
    

It is interesting that the Brainchip slide that references the five senses in Sean Hehir’s presentation also lists ‘ultrasonics’ and in this fellows CV he includes during his time at Valeo

“▪ Impacted various product lines including interior cameras, ultrasonics & lidar for adoption of AI”

While I have found papers covering research in this area the fact that Valeo is a confirmed EAP in my opinion creates a large dot as to where AKIDA and ultrasonics have been secretly meeting.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[GazDix]

Managed to listen to Sean's interview on the go.

My favourite quotes:

'Get it into the hands of customers this year, next year and the year after that'.
# about customers - 'We are like their kryptonite'
'We have a relationship with a communications company that we didn't think there was a use case for'.
'We have one of the best kept secrets in the world'.
'I am competitive in nature'.
'We are not worried about cash whatsoever'.
'I am just wanting to get the word out. That is what is keeping me up at night'.


I also really liked Tony's voice as well. Would have a beer with him.

 

[TECH]

Listened to the latest presentation, Sean comes across extremely well...he is definitely the right man for the job, Peter and Anil made a first class appointment there.

Tony also spoke very clearly and drove home the point about predicted market growth over a 2 to 5 year time frame, and as stated, we would be crazy not to go for it, whether that's a 1% piece of the pie or 60% plus piece, we are clear leaders, and have the technology to sell, finding top quality sales people isn't an easy gig, this is a highly, revolutionary, specialised engagement that requires a special skillset, fast learners focused on the key points, then let the engineering guns, Anil and Kris carry the heavy burden, while Peter is years in advance with his brilliant visions, just remember, our Perth team is where all this future potential lies in advancement of our first commercialised product, AKD 1000.

Sean made a number of points that caught my attention.

As many of us, possibly all the long termers haver come to realise that, we may only hear about a few EAP's over the next, say 5 years, the message is going to be in the revenue earnings per quarter, as mentioned a few days ago, the future figures will do all the talking.

The other point was dealing with a Communications Company, as such.

I personally believe that we have and are dealing with BROADCOM INC

Going back to when Lou was at the helm, just call it a strong gut feeling, sometimes I'm right on the money

Rather than complaining about the current share price, buy some, the technology is advancing each and every day, whether that be by collaboration between our engineers and EAP engineers or back at the Research and Innovation Centre in Perth, nothing is standing still believe me.

Over and out....Tech (Perth)

 

[Quiltman]

A primary role of the CMO is to distil a complex idea/product/company proposition into a simple phrase that can be understood by all, that captures the essence of the organisation, its reason for being, and how it will deliver added value to the market in which it operates.

I think Jerome has already nailed it in his LinkedIn profile when describing the BrainChip organisation :

BrainChip neuromorphic AI is truly transformative and will be the computational foundation of smart sensing in all edge devices. This computing revolution has begun...

It sends a chill down your bones !
And every piece of communication, such as the Sean interview on Strawman, builds on this promise & framework.

GLTAH ... not that much luck is required, just patience.