Also Sean stated at the AGM. Words to the effect. Judge me on the financials next AGM. IMO
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
alwaysgreen
Top 20
Thank you for absolutely murdering and dismembering the pessimist in me
DingoBorat
Slim
It's pretty obvious it's being shorted as we speak (large red volume bars).
As there is absolutely no reason, to push down like that, at the present time.
It will indeed be a big bonfire, if significant news drops.
I doubt very much, that they are getting the "selling volume" that they desperately need..
Fullmoonfever
Top 20
Just catching up on the goss as been busy.
See the convo round Merc and was surfing the new models.
Whilst not sure Akida will be in any (like most comments) I did find a couple of things interesting as below fwiw.
E Class
Me Connect EQ
www.mercedes-benz.co.uk
New A Class MBUX 2
GLE AMG
See the convo round Merc and was surfing the new models.
Whilst not sure Akida will be in any (like most comments) I did find a couple of things interesting as below fwiw.
E Class
Me Connect EQ
A-Class Saloon | Mercedes-Benz
Discover the new Mercedes-Benz A-Class Saloon. The compact entry into the world of premium saloons from Mercedes-Benz.
www.mercedes-benz.co.uk
New A Class MBUX 2
GLE AMG
Proga
Regular
AG,
Are you implying Akida will be used in the MBUX for all EQS released recently like the AMG EQS53? Try to find out. (don't worry just read the other 10 posts about it) I'm pretty sure it will be integrated in all models from 2024 just not the MBUX which just happens to matchup with Nadels timelines from FF's post
“If we look at a five-year strategic plan, our outer three years probably look different than our inner two,” Nadel says. “In the inner two we we’re still going to focus on chip vendors and designers and tier-one OEMs. But the outer three, if you look at categories, it’s really going to come from basic devices, be they in-car or in-cabin. be they in consumer electronics that are looking for this AI enablement. We need to be in the ecosystem. Our IP is de facto and the business model wraps around that.”
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Hi DB,
You've sent me on a trip down memory lane:
BrainChip Announces: Unsupervised Visual Learning Achieved (2016)
https://brainchip.com/brainchip-announces-unsupervised-visual-learning-achieved/
ALISO VIEJO, CA — (Marketwired) — 02/23/16 —
BrainChip Holdings Limited (ASX: BRN), developer of a revolutionary new Spiking Neuron Adaptive Processor (SNAP) technology that has the ability to learn autonomously, evolve and associate information just like the human brain, is pleased to report that it has achieved a further significant advancement of its artificial intelligence technology.
The R&D team in Southern California has completed the development of an Autonomous Visual Feature Extraction system (AVFE), an advancement of the recently achieved and announced Autonomous Feature Extraction (AFE) system. The AVFE system was developed and interfaced with the DAVIS artificial retina purchased from its developer, Inilabs of Switzerland. DAVIS has been developed to represent data streams in the same way as BrainChip’s neural processor, SNAP.
Highlights
- Capable of processing 100 million visual events per second
- Learns and identifies patterns in the image stream within seconds — (Unsupervised Feature Learning)
- Potential applications include security cameras, collision avoidance systems in road vehicles and Unmanned Aerial Vehicle’s (UAV’S), anomaly detection, and medical imaging
- AVFE is now commercially available
- Discussions with potential licensees for AVFE are progressing
In traditional systems, a computer program loads a single frame from a video camera and searches that frame for identifying features, predefined by a programmer. Each section of the image is compared to a template until a match is found and a percentage of the match is returned, along with its location. This is a cumbersome operation.
An AVFE test sequence was conducted on a highway in Pasadena, California for 78.5 seconds. An average event rate of 66,100 events per second was recorded. The SNAP spiking neural network learned the features of vehicles passing by the sensor within seconds (see Figure 1). It detected and started counting cars in real time. The results of this hardware demonstration shows that SNAP can process events emitted by the DAVIS camera in real time and perform unsupervised learning of temporally correlated features.
AVFE can be configured for a large number of uses including surveillance and security cameras, collision avoidance systems in road vehicles and Unmanned Aerial Vehicle’s (UAV’S), anomaly detection, medical imaging, audio processing and many other applications.
Peter van der Made, CEO and Inventor of the SNAP neural processor said, “We are very excited about this significant advancement. It shows that BrainChips neural processor SNAP acquires information and learns without human supervision from visual input. The AVFE is remarkable and capable of high speed visual perception and learning, that has wide spread commercial applicability.”
It hasn't been all plain sailing. Just a couple of years ago, we were flying by the seat of our pants:
https://s3.amazonaws.com/content.st...f/Product+Development+and+Business+Update.pdf
Sydney, Australia – 28 February, 2019: BrainChip Holdings Ltd (ASX: BRN), the leading neuromorphic computing company, today provided a product development and business update. Akida product development Since inception BrainChip has been committed to providing an artificial intelligence solution as an integrated circuit. The Company’s acquisition of Spikenet Technologies in September of 2016 has provided software validation of a spiking neural network (SNN) specific to image processing. The Spikenet research and engineering team have proved invaluable in the area of image processing and have provided significant insight for the development of Akida.
The Company announced the Akida Development Environment (ADE) and Architecture in the fourth quarter of 2018. The ADE allows users to fully simulate the implementation of the Akida IC and determine benchmark performance in terms of accuracy and power consumption in AI Edge applications. Importantly, this allows OEM equipment design prior to the IC introduction.
The development of Akida is proceeding well, with refinements from inputs of early access potential customers. The Company has implemented the Akida NPC in a Field Programmable Gate Array (FPGA) for internal use in evaluation. This is an important step in the process of developing a complex IC as it provides verification of the logic design, thereby improving prospects for a successful implementation prior to incurring manufacturing expenses.
The Company has determined that an Application Specific Integrated Circuit (ASIC) vendor that provides full services, from the layout of the design through all subsequent manufacturing processes, will be most cost effective, [### Socionext ###] reduce risk and accelerate time-tomarket for Akida in AI Edge applications. The Company expects to select an ASIC vendor in the first quarter of 2019 and commence logic circuit design in the first quarter of 2019.
BrainChip has made great strides in the Akida design, creating a device that is very compact, flexible, provides low-latency and is low-power for AI Edge applications. The device can be user-configured for both convolutional and fully-connected networks applicable to a broad range of visual, data, and sensor applications. Akida will deliver up to 1.2 million neurons and over 10 billion synapses in a low-power chip, expandable to a far greater capacity by utilizing off-chip memory.
The details of the design are proprietary and are described in the Company’s currently pending provisional patent. The Company is working on a series of patents covering all aspects of the unique Akida design in detail.
Restructuring and Expense Control
The Company is implementing a restructuring and series of expense controls to focus resources primarily on the Akida product development.
With regard to BrainChip Studio, end-user engagement has provided the Company deep knowledge of customer expectations and insight regarding the human capital and sales process required to be successful. However, the Company underestimated the time and effort to support end-users and the time to achieve revenue from the ongoing trials. The insights gained from end-user engagement has reinforced the Company’s view that focusing on OEM customers provides many benefits including a significant reduction in direct cost and opportunity cost savings.
Taking these valuable learnings into account, the Company has shifted its focus from end-user sales, to OEM relationships. This allows the primary focus of the the organisation to be on the completion of the Akida IC. Because the Company’s success with OEM partners is highly dependent on their own success in marketing their platform, the Company intends to partner with those OEMs best able to bring the innovation of a low-power, high-accuracy spiking neural network to its customer base. The business model for BrainChip Studio includes license and revenue sharing while Akida includes product, license and royalty revenue.
With regard to restructuring and reduction in expenses, BrainChip Studio end-user sales and marketing roles will be eliminated, and discretionary spending will be reduced. In total, the changes implemented in this restructuring are expected to result in a decrease of 10% to 15% of overall planned spending. The restructuring will not affect research or engineering development resources. In addition, certain key management personnel have agreed to accept a temporary reduction in their salaries until such time as the board considers the Company to be in a position to revert to their current market based remuneration.
The ending of Studio sales and marketing would not have eliminated their contractual obligations to support existing customers.
"Certain key management personnel have agreed to accept a temporary reduction in their salaries", and to burn the candle at both ends for over a year, but I remember the furore over at the other place about the allocation of bonus shares - not to mention the sale of shares by PvdM and Anil.
When @TECH talks about the quality of the Brainchip team, this shows their mettle.
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David holland
Regular
When do you think then
D
Deleted member 118
Guest
Bravo
If ARM was an arm, BRN would be its biceps💪!
Intriguing...Elbit's X-Sight helmet uses AI and Augmented Reality.
"It also continuously tracks the landscape to warn pilots of potential obstacles such as power lines, antennas and other interferences, without prior mapping". It also includes an "integrated array of sensor systems" and includes the "AI-powered mission computer for real-time data fusion and machine learning of obstacles and threats, and for running operational applications".
It also says here that it "enables air forces from around the world to integrate sensors made by different companies, as well as to use varying configurations and develop and install additional applications on the mission computer".
This is one for Tony Dawe, if he isn't onto it already!
Published: JULY 8, 2022 06:00
"It also continuously tracks the landscape to warn pilots of potential obstacles such as power lines, antennas and other interferences, without prior mapping". It also includes an "integrated array of sensor systems" and includes the "AI-powered mission computer for real-time data fusion and machine learning of obstacles and threats, and for running operational applications".
It also says here that it "enables air forces from around the world to integrate sensors made by different companies, as well as to use varying configurations and develop and install additional applications on the mission computer".
This is one for Tony Dawe, if he isn't onto it already!
Published: JULY 8, 2022 06:00
alwaysgreen
Top 20
I'm suggesting we won't see Akida in any Merc's this year and probably not next year. 2024 will see it rolled out. All speculation on my behalf.
The car industry is notoriously slow at rolling out tech. Thankfully Mr Musk has forced them to up their game a little.
DingoBorat
Slim
That's one of the things I love about this Company, they aren't afraid, or too big, to change tack if needed and are more than willing, to put it the hard work to achieve success.
What happens though, if the "genius" part of the equation, is a fair whack more, than 1%??
D
Deleted member 118
Guest
And I thought our 5% total shorted was a lot
www.marketwatch.com
Short Interest - MarketWatch
These are the companies with the largest proportions of shares available for trading currently sold short.
www.marketwatch.com
Bravo
If ARM was an arm, BRN would be its biceps💪!
This article is stacked full of interesting info.
It says"Sony, which has dominated the image sensor market for many years, has by its own calculation lost 10 percentage points of market share, dropping from 53% to 43% over the past two years.To reverse this decline, it has launched an aggressive campaign to expand capacity, upgrade its technology and diversify from smartphones into automotive, virtual reality and other applications"...HELLO AKIDA!
It also, talks about Japanese camera maker Canon who "announced that it had developed a new single-photon avalanche diode-type image sensor that can “see in the dark” – can take high-resolution color photos in the darkest night or in other low-light environments in which CMOS image sensors do not work as well". So we best hop into bedsies with Canon as well, if we aren't already!
Scott Foster July 7, 2022
asiatimes.com
It says"Sony, which has dominated the image sensor market for many years, has by its own calculation lost 10 percentage points of market share, dropping from 53% to 43% over the past two years.To reverse this decline, it has launched an aggressive campaign to expand capacity, upgrade its technology and diversify from smartphones into automotive, virtual reality and other applications"...HELLO AKIDA!
It also, talks about Japanese camera maker Canon who "announced that it had developed a new single-photon avalanche diode-type image sensor that can “see in the dark” – can take high-resolution color photos in the darkest night or in other low-light environments in which CMOS image sensors do not work as well". So we best hop into bedsies with Canon as well, if we aren't already!
Scott Foster July 7, 2022
Sony, Samsung duel for image sensor lead - Asia Times
TOKYO - The market for image sensors has become extremely competitive as Sony fights to maintain its lead, Samsung seeks to extend recent gains,
asiatimes.com
Fact Finder
Top 20
I have a portfolio of once highly speculative stocks and I was discussing with another poster recently off line how each of these stocks have all derisked to the point where no longer is it likely they could fail and like Brainchip are when’s not ifs and the only question is how large will the returns be at the point of when.
They have all validated their platforms, proven their technology or found what they were looking for in barrels but all remain pre- income.
The other similarity they all have is the persistent manipulation accompanied by relentless mindless trolling on HC.
As a straight forward retail investor there is absolutely no point once you have reached the derisked stage of even looking at the share price unless you decide you want to buy more or there has been a price sensitive announcement because a short bot manipulated price is not a true market indicator of the value of your investment.
The true value remains north of $1.50 plus probably around $1.70 at this point. The next IP licence will determine how far north of $1.70 we will then head as we gap up with north of $2.34 seeming reasonable.
My opinion only so DYOR
and ignore the shorts & bots
FF
AKIDA BALLISTA
robsmark
Regular
I don’t think anyone here will disagree with this post FF, the question is though, where is the next commercial agreement? We are more than 18 months into our commercialisation phase now and have had two signed contracts, the most recent was almost eight months ago.
We can all see the potential here, that why we’re invested, but the SP does remain important. The reason it’s getting manipulated by bots is because of this lack of formal progression. If new customers were jumping on the bus every month, would the bots be selling or buying? My guess is the latter.
You can argue that Renesas and MegaChips are selling on our behalf, and that is possible, but without revenue how are we as shareholders or potential investors make informed investment decisions?
I think this company will do great things, and will one day see my family in a financial position the previous generation would have thought to be impossible, but nobody can argue that the current financial status from a SH perspective is grim. Shorts higher then they’ve ever been, SP a third of what it was six months ago, with new new customers announced or revenue in sight… Can you blame the market opportunists for playing the game?
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Fact Finder
Top 20
“WHEN DEPLOYED AT SCALE”
The most undervalued and least referred to words used by one of the great Automotive makers of the last 100 years when speaking about AKIDA technology solutions.
Argo the creator of a yet to be fully approved autonomous vehicle platform is valued at about $US12.4 billion and Ford and VW have invested $US3.6 billion in Argo.
Does Argo have a place in medicine, white goods, security, space, military, IOT, 5G, 6G, toys, companion robots, retail, remote monitoring, heavy rail maintenance etc; etc;
My opinion only DYOR
FF
AKIDA BALLISTA
The most undervalued and least referred to words used by one of the great Automotive makers of the last 100 years when speaking about AKIDA technology solutions.
Argo the creator of a yet to be fully approved autonomous vehicle platform is valued at about $US12.4 billion and Ford and VW have invested $US3.6 billion in Argo.
Does Argo have a place in medicine, white goods, security, space, military, IOT, 5G, 6G, toys, companion robots, retail, remote monitoring, heavy rail maintenance etc; etc;
My opinion only DYOR
FF
AKIDA BALLISTA
Fullmoonfever
Top 20
Just catching up on the goss as been busy.
See the convo round Merc and was surfing the new models.
Whilst not sure Akida will be in any (like most comments) I did find a couple of things interesting as below fwiw.
E Class
View attachment 10905
Me Connect EQ
View attachment 10906
A-Class Saloon | Mercedes-Benz
Discover the new Mercedes-Benz A-Class Saloon. The compact entry into the world of premium saloons from Mercedes-Benz.
New A Class MBUX 2
View attachment 10907
GLE AMG
View attachment 10909
Recent podcast by CEO of Merc.
Not had chance to listen but skimmed the transcript.
That and the podcast below.
Snipped a couple of bits and whilst mentions MBUX & Hey Mercedes he does also speak about some tech from the EQXX not being integrated for a couple of years....apparently.
How Mercedes-Benz CEO Ola Källenius is refocusing for an electric future
An electric G-Wagon is coming.
How Mercedes-Benz CEO Ola Källenius is refocusing for an electric future
<p>Mercedes-Benz CEO Ola Källenius became CEO in 2019 but has been working for Mercedes since 1993 in almost every part of the company. During that period, Mercedes spent time getting a lot bigger; the company famously merged with Chrysler for a time, forming a giant called DaimlerChrysler. But...
Absolutely correct ........... let's hope it all starts of with this upcoming 4C
DingoBorat
Slim
Just an off the cuff thought, but the percentage of shares available to short, would be directly proportional to the percentage of shares owned, by institutional investors.
So it makes sense, that as their positions grow, the shares available for borrowing, would also grow.
They are not increasing their positions to lose and are more than likely, very long on Brainchip.
Are their algorithms, working to accumulate, or distribute BRN shares?
Many shorters, will end up being fodder, but they will have served their purpose.
Shorting of BRN, will never end, no matter how successful we are.
It will just be done at higher and higher price levels.
The current 90 million odd shorts, means at least that, probably more, shares in institutional hands.
The lament of "no shares" available to short, by shorters in the past, was before ASX300 and ASX200 inclusion.
Institutions, could care less, if the current batch of shorters get deep fried to a burnt crisp on news.
The shares will be re lent out to new shorters, at a higher price.
Company’s like Tesla, Amazon, Google, Samsung, Apple etc, are still being shorted and so will we, when we reach their levels.
Enjoy the roller coaster
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