BRN Discussion Ongoing

[Slade]

So everyone has been around the bush to come back to where I was above.

There was an unexpected additional 2 million dollars in revenue which the Company tells us in the half yearly report is primarily achieved from additional licence fees.

I have stated my opinion on where these licence fees could come from in the above post.

For those who do not remember it was disclosed by MegaChips that they had spent time before the IP agreement was finalised to train their engineering staff so that they could completely service their customer base with the design and implementation of AKIDA IP.

Big tick number one to Brainchip as this releases Brainchip engineers for other things and does not require additional staff and the associated on costs.

MegaChips far from shuffling papers has taken on the role of advertising and promoting AKIDA to its long established customer base which includes Nintendo and Sanyo thereby lending their credibility to the AKIDA IP a hugely valuable commodity for a startup from Australia selling revolutionary one of a kind technology in competition with the likes of Nvidia, Intel and IBM.

Second tick for Brainchip no cost associated with this or any need to deploy staff as MegaChips are doing it all.

My suggestion that MegaChips might be receiving fifty percent of the licence fee for doing all the above is perfectly reasonable, in fact as the real money is, as stated by Brainchip, to be made from the ongoing royalties I could easily make out a case that giving MegaChips the full licence fee is a great deal if they end up delivering Nintendo and Sanyo.

As for why it is a given that Brainchip would have to announce the IP licence/s if they entered them directly with the customer I would say that to an experienced investor this is obvious because the ASX rules require material agreements to be announced to the market.

Material relates to the particular company’s situation.

The CBA signing a contract for $2 million is not material to its billion dollar bottom line. In fact it would probably not even pay for the tea and coffee for staff each quarter and as such clearly would not move shareholder sentiment or affect CBA’s share price.

Where a company like Brainchip is concerned however a $2 million IP licence/s being close to half of its first half year revenue is obviously material no ‘ifs buts or maybes’. As such no getting around it it would have to be announced.

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FF, great to have you back.
There is another scenario that I have been thinking about. I feel that it’s quite conceivable that BrainChip has struck a deal with its partners ARM, Renesas, SiFive and MegaChips whereby we are giving them our larger EAP clients to take care of as part of a commercial deal (although not sure of ASX reporting requirements and timing). Therefore it could be that the license revenue that we have received from MegaChips is the full payment for our IP that will be used for a client that we have passed to them. I think this accounts for why things have gone so quiet on BrainChip’s commercial front. Feel this would provide a win-win-win. Possible?

 

[cosors]

No Way who was the emloyee sleeping in the backseat?

You're right, there's someone sitting in the back with a phone. The video on YouTube is in 4k and you can see the movements via the rearview mirror. My question is also whether autonomous driving is allowed completely without a driver in public traffic. No one less than Alphabet is advertising here.

 

[Sosimple]

During my sabbatical I was reading about Putins use of mercenaries in Ukraine and it occurred to me that shorters and manipulators have a great deal in common with mercenaries, This thought progressed on and I have compiled the following which some might find of interest. Please note that the definitions are taken from various websites and articles after canvassing multiple definitions in each category to see if there was one which largely expressed what might be considered a commonly accepted definition.

• 1. What is a mercenary:
• A mercenary, sometimes known as a soldier of fortune or hired gun, is a private individual, particularly a soldier, who takes part in military conflict for personal profit, is otherwise an outsider to the conflict, and is not a member of any other official military.[1][2] Mercenaries fight for money or other forms of payment rather than for political interests. Beginning in the 20th century, mercenaries have increasingly come to be seen as less entitled to protections by rules of war than non-mercenaries. The Geneva Conventions declare that mercenaries are not recognized as legitimate combatants and do not have to be granted the same legal protections as captured service personnel of the armed forces.[3] In practice, whether or not a person is a mercenary may be a matter of degree, as financial and political interests may overlap
• (My thoughts: When you think about the very early days of the stock market and the tulip bulb bubble being a shorter and manipulator just like being a mercenary was seen as a perfectly legitimate way to make money. There were no rules and no regulators. As time has progressed this has changed and while the regulators and rules are less than satisfactory like the rules that have grown up around mercenaries they have largely removed legal protections and outlawed the practice of market manipulation though it still like being a mercenary is unfortunately considered a legitimate way to make money.)

2. What Is a Trader?

“A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends.

KEY TAKEAWAYS

• Traders are individuals who engage in the short-term buying and selling of an equity for themselves or an institution.
• Among the drawbacks of trading are the capital gains taxes applicable to trades and the costs of paying multiple commission rates to brokers.
• Traders can be contrasted with investors, who seek long-term capital gains rather than short-term profits.
• Scalp traders, for example, hold positions for as little as a few seconds. Swing traders, on the other hand, seek positions that are held from several days to several weeks.”

(My thoughts: Traders are a legitimate part of the market and while they do not attempt to manipulate others to achieve their trading ambitions are to be encouraged as they will provide liquidity necessary for a market to function.)


3. What is a Profiteer

“The meaning of PROFITEER is one who makes what is considered an unreasonable profit especially on the sale of essential goods during times of emergency.

Profiteers make or seek to make an excessive or unfair profit, especially illegally or in a black market.”

(My thoughts: I am sure you would have heard the term as it very often associated with those who as the above states are profiting from times of emergency such as war. When people are panicked, and fearful profiteers buy up goods to create a scarcity then using this scarcity sell for inflated prices as they are never happy with a reasonable profit. The name profiteer well suits the trader manipulator in my opinion. Not happy to take the profit that the fundamental market conditions offer they conspire alone or with others to manipulate retail investors with fear and falsities sometimes engaging the assistance of corrupt elements of the financial press.)


4. What are speculators

Speculation sometimes gets confused with gambling. There is an important distinction, though. If a trader is using untested methods to trade, often based on hunches or feelings, it is highly likely they are gambling. If gambling, the trader is likely to lose over the long-run. Profitable speculation takes a lot of work, but with proper strategies, it is possible to gain a reliable edge in the marketplace.

Profitable speculators look for repeating patterns in the marketplace. They look for commonalities between many rising and falling prices, in an attempt to use that information to profit from future ups and downs in price. It is detailed work, and because prices are always moving and there are nearly infinite variables to consider, each speculator often develops their own unique way of trading.

Speculators are sophisticated investors or traders who purchase assets for short periods of time and employ strategies in order to profit from changes in its price.

Speculators are important to markets because they bring liquidity and assume market risk. Conversely, they can also have a negative impact on markets, when their trading actions result in a speculative bubble that drives up an asset's price to unsustainable levels.
If a speculator believes that a particular asset is going to increase in value, they may choose to purchase as much of the asset as possible. This activity, based on the perceived increase in demand, drives up the price of the particular asset. If this activity is seen across the market as a positive sign, it may cause other traders to purchase the asset as well, further elevating the price. This can result in a speculative bubble, where the speculator activity has driven the price of an asset above its true value.

The same can be seen in reverse. If a speculator believes a downward trend is on the horizon, or that an asset is currently overpriced, they sell as much of the asset as possible while prices are higher. This act begins to lower the price of the asset. If other traders act similarly, the price will continue to fall until the activity in the market stabilizes.

In this way, even many investors become speculators from time to time. They get caught up in the frenzy of the big ups and down. While they may have initiated their position with the intention of being long-term investors, if they start to buy and sell solely because they think other people are buying or selling, they have entered the realm speculation—possibly even gambling, if they are unsure of what they are doing—as opposed to investing.

(My thoughts: Those who practise the art of charting probably fit into this definition. I personally do not subscribe to charting as a science, but I do believe that discipline is necessary to being a successful investor of any description. I accept that charting provides for many a level of discipline by which they can frequently trade without emotion. The problem I have seen with charting is that for every genuine chartist there is a doppelganger manipulator seeking a following that they can use to manipulate the market to their advantage. The bigger the following the bigger the advantage. Having periodically read the charting thread here it does not appear to have that issue.)

5. What is an investor.

• An investor is a person that allocates capital with the expectation of a future financial return (profit) or to gain an advantage (interest).[1][2] Through this allocated capital most of the time the investor purchases some species of property.[3] Types of investments include equity, debt, securities, real estate, infrastructure, currency, commodity, token, derivatives such as put and call options, futures, forwards, etc. This definition makes no distinction between the investors in the primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns a stock is a shareholder.
• (My thoughts: Many here will have already thought they fit into this category but no as you will see shortly. Those who have followed my rants over some years will know that I have a hobby horse and it is that retail investors are treated as a subspecies not worthy of standing in even the shadow of the institutional or so-called sophisticated investors of this world.
• I have not really taken great issue with any of the above definitions but in this case I found all the definitions of an investor lacking across the many articles and documents I have read.
• None included those who founded and built a business yet Warren Buffet the quintessential investor would be omitted without such being included in the definition. The family that founded Walmart would be excluded. Peter van der Made and Anil Mankar are the original investors in Brainchip. In fact Elon Musk is an investor in Tesla and Space X etc; An investor can provide capital both in the form of cash and in the form of human capital as a result of their investment of their skills, ideas, inventions and business acumen in my opinion.
• I have a theory that the institutional and sophisticated investors leave out this group as they do not want to diminish the value that they give to themselves as it would highlight to all the world that they are no different and add no more value than those they define as retail investors.
• Also those retail shareholders who take up shares in a capital raise and thereby provide capital to the business would clearly need to be recognised in the above definition as “an Investor” elevating them above the group they deride as only being retail investors. Those retail shareholders who buy and convert options are also providing capital to the business and would need to be included.)

6. What is a retail investor?

“Retail investors are non-professional investors, "your average mom-and-pop investor," says Jack Janasiewicz, portfolio manager and lead portfolio strategist at Natixis Investment Managers Solution. They typically have a main source of income in addition to their investments.

Retail investors cover a wide range of knowledge and income levels, yet there are several key characteristics of a retail investor. Most importantly, retail investors are investing with their own personal finances and trade in amounts much smaller than professional investors. Any fluctuations in their portfolio affects their wealth directly, as opposed to a broker or hedge fund manager, who are making decisions on behalf of their clients.

Because fluctuations in the stock market are directly related to their net worth, retail investors are often subject to loss aversion, where the fear of losing something is greater than the desire to gain something. Tommy Mancuso, the founder and president of The BAD Investment Company, says that as a result of loss aversion, "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

(My thoughts:

Well, here we are the Retail Investors.

What a useless lot we are if you read and accept the above definition which is typical across all the literature.

Those of you who took up the shares in the Brainchip capital raise to keep Brainchip afloat do not rate as a normal investor even though you provided capital to the business at a critical time in its development.

Those of you who joined Peter van der Made from the company in a reverse take over to create Brainchip do not rate even though you provided capital to kick off the company and have remained calm and rational across a whole range of market conditions over many years now approaching a decade.

Those of you who joined and bought into the company at its inception providing capital do not rate as an investor even though you have done the same.

Those of you who held all the way down to 3 cents and remained calm and rational do not rate as an investor.

We are all lumped together as mum and pop investors ruled by fear and ignorance who largely act irrationally.

I personally do not accept this definition and those with an ounce of common sense having been exposed to the WANCA class of so called sophisticated institutional expert investors most likely also reject this description.

I am a pop though I answer to the name grandpa and pa and could if I so wished join their made up club but being a normal person and not a WANCA I do not need to label myself to gain status amongst this group of spivs, chancers and manipulators to succeed in the markets.

All I need to do is my own research, check every opinion that attracts me to ensure it is supported, and stick to my plan based on my personal circumstances.

Retail investor or not, all that matters, is that my plan works for me and in my opinion that is all that should matter to you as well.

If you need constant reassurance and cannot sleep comfortably at night when global forces which are obvious for all to see take control of the markets then you need to sit down and seriously review your plan.

And now to my overall point.

We are all here to advance each other as shareholders of Brainchip and to the extent of our available time and ability to add to the collective knowledge and wisdom of the 1,000 Eyes.

We are not here to reinforce the so called sophisticated investor/WANCA view of us that "when there are moments of volatility, you might see a little bit of irrational decision from a retail investor whereas an institution's going to have a little more thought-out process."

The fact that this view of us exists encourages every one of the above categories to see us as their personal plaything to manipulate and profit from.

Mindless posts that fit the ‘are we there yet category’ or ‘I am scared will I lose all my money’ do nothing to dissuade the WANCA’s of this view of our group and the deterioration in the quality here has been a product of these WANCA's plying their trade by feeding off genuine posters expressing these types of thoughts.

I AM NOT about shutting down legitimate debate far from it.

I AM about having self respect and showing that retail investors are no less important a group in the market than any other and in fact retail investors are the only reason the share market survives.

We are gaining the respect of the company as a group and it was a hard won victory which was facilitated by @zeebot opening the TSEx forum.

Remember the stability in the Brainchip share register was recognised by the company in this half yearly report and recognised as reducing costs in this area. I credit this to the work of the 1,000 Eyes and how it has brought retail shareholders together and made manipulation very difficult. I personally believe this is not something to be thrown away lightly.)

My anonymous opinion only so DYOR

Fact Finder



AKIDA BALLISTA.

Thank you FactFinder
Your words are a beacon of light for us, the small, individual, private share holder.
Best wishes to all

 

[Fact Finder]

Hundreds and Thousands.

Then these aren’t yours. Pity looks like I will have to hand them in to the Police.

 

[Reuben]

Is this fake or is this already possible? And what about the Jaguar? Is that retrofitted? What do you guys think?
https://waymo.com/

Btw, the car is Jaguar - which is owned by TATA

 

[Bravo]

Do not axolotl questions.

I donut axolotl questions, if I donut want to get any answers.

 

[Fredsnugget]

Good to see you back FF. Knew you were still lurking from your little likes here and there, but glad your out of the shadows. Hope the break did you good

 

[Diogenese]

Then these aren’t yours. Pity looks like I will have to hand them in to the Police.

Wull ... 'undreds and farzands of the cream ones?!

 

[Diogenese]

I donut axolotl questions, if I donut want to get any answers.

Your point again, I fear.

 

[Teach22]

So everyone has been around the bush to come back to where I was above.

There was an unexpected additional 2 million dollars in revenue which the Company tells us in the half yearly report is primarily achieved from additional licence fees.

I have stated my opinion on where these licence fees could come from in the above post.

For those who do not remember it was disclosed by MegaChips that they had spent time before the IP agreement was finalised to train their engineering staff so that they could completely service their customer base with the design and implementation of AKIDA IP.

Big tick number one to Brainchip as this releases Brainchip engineers for other things and does not require additional staff and the associated on costs.

MegaChips far from shuffling papers has taken on the role of advertising and promoting AKIDA to its long established customer base which includes Nintendo and Sanyo thereby lending their credibility to the AKIDA IP a hugely valuable commodity for a startup from Australia selling revolutionary one of a kind technology in competition with the likes of Nvidia, Intel and IBM.

Second tick for Brainchip no cost associated with this or any need to deploy staff as MegaChips are doing it all.

My suggestion that MegaChips might be receiving fifty percent of the licence fee for doing all the above is perfectly reasonable, in fact as the real money is, as stated by Brainchip, to be made from the ongoing royalties I could easily make out a case that giving MegaChips the full licence fee is a great deal if they end up delivering Nintendo and Sanyo.

As for why it is a given that Brainchip would have to announce the IP licence/s if they entered them directly with the customer I would say that to an experienced investor this is obvious because the ASX rules require material agreements to be announced to the market.

Material relates to the particular company’s situation.

The CBA signing a contract for $2 million is not material to its billion dollar bottom line. In fact it would probably not even pay for the tea and coffee for staff each quarter and as such clearly would not move shareholder sentiment or affect CBA’s share price.

Where a company like Brainchip is concerned however a $2 million IP licence/s being close to half of its first half year revenue is obviously material no ‘ifs buts or maybes’. As such no getting around it it would have to be announced.

My opinion only DYOR
FF

AKIDA BALLISTA

I was wrong!! and I’m not too proud to admit it.

I said last night that the only people that “need“ @Fact Finder here are those that have not done their DD.

The above post proves that the bloke is a complete wordsmith.
We have a few posters here that make you stop and ‘listen’ to what they have to say but with all due respect no-one can articulate it like this bloke.

Welcome back FF, I hope you’re here to stay.

 

[Thed]

This is correct.

Based on past releases about $2 million OF the $4.8 million is unexplained and attributable predominately to licence fees.

As $2 million is a substantial amount if it has arisen from a licence/s for AKIDA technology directly entered by Brainchip with a customer/s there is no NDA known to man that would sideline the obligation of Brainchip to make a price sensitive announcement on the ASX. There has been no announcement ask Rocket if you want confirmation of this fact.

Logic therefore suggests that MegaChips is the most likely source of this additional licence fee or fees as its agreement allowed for it to sell licences of the AKIDA IP.

The unknown is how many licences and who are the customers.

We know Renesas paid around $500,000 to licence 2 nodes of AKIDA IP.

We know MegaChips paid somewhere from $1.5 million to $2 million for a full AKD1000 IP licence.

As AKIDA IP is scalable in this fashion then the $2 million could be four (4x) sales of $500,000 or one (1x) sale of $2 million.

However we need to remember MegaChips is providing all the resources to achieve the sale and service the customers so they must be receiving a fee or a percentage of each licence they sell. We have not been given the details of this financial arrangement.

So if they are receiving fifty percent of the fee to cover their services and remitting the balance to Brainchip then the potential customer payments remitted rise to eight x $250,000 or two x $1 million or other combinations thereof.

These numbers are based on logic and fact nothing more but in my opinion need to be considered seriously in assessing the potential significance of this report.

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FF hope you and your family are well and nice to see you back

 

[Fact Finder]

Are chip stocks in demand again?
AMD - Advanced Micro Devices, BrainChip Holdings, NVIDIA Stock
24.08.22

BRAINCHIP HOLDINGS - TOP SHAREHOLDERS AND US UNIVERSITIES
The semiconductor company BrainChip Holdings (WKN: A14Z7W ISIN: AU000000BRN8 Ticker: 24Y) has caused a stir in the chip and automotive industry with the announcement of its cooperation with Mercedes Benz on the EQXX. This is also reflected in the shareholder structure and institutional investors have bought the shares. With approx. 10.03%, the Citicorp Nominees from Australia has the most individual shares, ahead of the computer specialist and multi-millionaire Peter Adrian van der Made with 9.12%. In third, fourth and fifth place are the financial institutions Merrill Lynch (Australia) with 5.54%, HSBC Custody (Australia) with 4.67% and BNP Paribas (Australia) with 4.33%.

The share has long since arrived on the radar of large investors, who are certainly holding the share primarily for long-term strategic reasons. Brainchip's innovative high-performance processor has an enormous advantage over the competition. It is energy-saving and, thanks to the neuromorphic architecture, can solve arithmetic tasks faster and learn independently. However, after the stock price exaggerated in January 2022, the stock bounced back by around 69% and has stabilized between EUR 0.52 and EUR 0.78 in the last few months. The price is currently quoted at EUR 0.66. From September, however, more attention could come again, because then Brainchip will start the University AI Accelerator Program. Five US universities with AI institutes will be equipped with the AKD1000 processor on a Linux base system and should gain experience and expand the later possible applications.

Sind Chipaktien wieder gefragt? AMD - Advanced Micro Devices, BrainChip Holdings, NVIDIA Aktie

Die deutsche Wirtschaft ist durch die Sanktionen gegen Russland und massiven Energiepreissteigerungen schwer angeschlagen. Das Stimmungsbild der Unternehmer verschlechtert sich seit Februar 2022 von Monat zu Monat und die Erzeugerpreise erreichen mit über 37,2% Preisanstieg ein neues...

www.derfinanzinvestor.de

I read many opinions here about the press release that Brainchip was officially engaged with universities and Kristopher Carlson was to deliver part of the course content.

I read one particularly detailed post (apologies to the poster for not presently recalling your name) setting out their research regarding Carnegie Melon’s exalted position in the technology academic world and I thought why is there such a subdued response to what I thought was sensational news.

I then thought perhaps I am wrong about its importance as there seemed to be overall a sort of ‘that’s nice’ approach from the majority and so I put it to one side until reading the following just now in the article posted by @Sirod69 :

“In the past semester, the AI start-up had successfully completed a pilot phase at Carnegie Mellon University. John Paul Shen, professor at the Department of Electrical and Computer Engineering at Carnegie Mellon, said about the program:

‘Our students had a great experience in using the Akida development environment and analyzing the results of the
experience in using the Akida hardware. We look forward to continuing and expanding this program in 2023.’

The successful completion of the pilot phase at Carnegie Mellon and the official launch of the program in five US universities is an absolute respectable success for an Australian chip developer.

After all, according to the magazine U.S. News & World Report the best AI course in the country - even before the elite tech universities MIT and Stanford.

Without question, BrainChip is once again setting an exclamation mark in the industry. Most recently, the AI specialist had succeeded in a strong coup in May with the inclusion in the AI Partner Program of market giant ARM.”

Leave aside the future benefits of students entering the workforce; leave aside the academic peer reviewed articles that will result; just think about how as recognised by the above writer this achievement will be viewed by customers particularly the top tech companies where graduates of Carnegie Mellon have been head hunted from for decades because of its high status in the tech world not to mention how this endorsement will play with Governments and Defence Departments around the World.

Let the WANCA’s ignore the significance at their peril.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

Hi FF, great to have you back.
There is another scenario that I have been thinking about. I feel that it’s quite conceivable that BrainChip has struck a deal with its partners ARM, Renesas, SiFive and MegaChips whereby we are giving them our larger EAP clients to take care of as part of a commercial deal (although not sure of ASX reporting requirements and timing). Therefore it could be that the license revenue that we have received from MegaChips is the full payment for our IP that will be used for a client that we have passed to them. I think this accounts for why things have gone so quiet on BrainChip’s commercial front. Feel this would provide a win-win-win. Possible?

Hi @Slade
I have delayed responding as I have a clear memory of both Rob Telson and Sean Hehir stating that an advantage of the agreement with MegaChips was the ability to pass on to them potential customers to manage the giving of life to the design win taking the pressure off scarce resources at Brainchip.

Unfortunately I cannot recall in which of the many interviews and podcasts they made this statement.

Perhaps someone else can assist.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Proga]

Hi @Slade
I have delayed responding as I have a clear memory of both Rob Telson and Sean Hehir stating that an advantage of the agreement with MegaChips was the ability to pass on to them potential customers to manage the giving of life to the design win taking the pressure of scarce resources at Brainchip.

Unfortunately I cannot recall in which of the many interviews and podcasts they made this statement.

Perhaps someone else can assist.

My opinion only DYOR
FF

AKIDA BALLISTA

Might have been mention but TMH video in HC covered BRN's Revenue climbs 529pc in H1 2022. It says "the company said the YOY increase reflects their partnership with Megachips"

Unfortunately I cannot recall in which of the many interviews and podcasts they made this statement - I know how you feel. They tend to blur into one

 

[TechGirl]

Great work T,

I too think this is a big step for our Company.

It's impressive that CMU has already successfully completed a pilot session this year.

From our press release

"The Program successfully completed a pilot session at Carnegie Mellon University this past spring semester and will be officially launching with Arizona State University in September. There are five universities and institutes of technology expected to participate in the program during its inaugural academic year."

BrainChip Empowers Next Generation of Technology Innovators with Launch of the University AI Accelerator Program

Empower your tech innovation journey with BrainChip's University AI Accelerator Program. Unleash the future here!

brainchip.com

You inspired me last night to do a bit of digging so I thought I would look into the Professor John Paul Shen, who said this

"We have incorporated experimentation with BrainChip’s Akida development boards in our new graduate-level course, “Neuromorphic Computer Architecture and Processor Design” at Carnegie Mellon University during the Spring 2022 semester,” said John Paul Shen, Professor, Electrical and Computer Engineering Department at Carnegie Mellon. “Our students had a great experience in using the Akida development environment and analyzing results from the Akida hardware. We look forward to running and expanding this program in 2023"

It didn't take much digging for my socks to be blown off, impressive man

John Shen​

Professor, Electrical and Computer Engineering​

Contact

Bio​

John Paul Shen was a Nokia Fellow and the founding director of Nokia Research Center - North America Lab. NRC-NAL had research teams pursuing a wide range of research projects in mobile Internet and mobile computing. In six years (2007-2012), NRC-NAL filed over 100 patents, published over 200 papers, hosted about 100 Ph.D. interns, and collaborated with a dozen universities. Prior to joining Nokia in late 2006, John was the Director of the Microarchitecture Research Lab at Intel. MRL had research teams in Santa Clara, Portland, and Austin, pursuing research on aggressive ILP and TLP microarchitectures for IA32 and IA64 processors. Prior to joining Intel in 2000, John was a tenured Full Professor in the ECE Department at CMU, where he supervised a total of 17 Ph.D. students and dozens of M.S. students, received multiple teaching awards, and published two books and more than 100 research papers. One of his books, “Modern Processor Design: Fundamentals of Superscalar Processors” was used in the EE382A Advanced Processor Architecture course at Stanford, where he co-taught the EE382A course. After spending 15 years in the industry, all in the Silicon Valley, he returned to CMU in the fall of 2015 as a tenured Full Professor in the ECE Department, and is based at the Carnegie Mellon Silicon Valley campus.

Education​

Ph.D.
Electrical Engineering
University of Southern California

M.S.
Electrical Engineering
University of Southern California

B.S.
Electrical Engineering
University of Michigan

Research​

Modern Processor Design and Evaluation​

With the emergence of superscalar processors, phenomenal performance increases are being achieved via the exploitation of instruction-level parallelism (ILP). Software tools for aiding the design and validation of complex superscalar processors are being developed. These tools, such as VMW (Visualization-Based Microarchitecture Workbench), facilitate the rigorous specification and validation of microarchitectures.

Architecture and Compilation for Instruction-Level Parallelism​

Microarchitecture and code transformation techniques for effective exploitation of ILP are being studied. Synergistic combinations of static (compile-time software) and dynamic (run-time hardware) mechanisms are being explored. Going beyond a single instruction stream is necessary to achieve effective use of wide superscalar machines, as well as tightly coupled small-scale multiprocessors.

Dependable and Fault-Tolerant Computing​

Techniques are being developed to exploit the idling machine resources of ILP machines for concurrent error checking. As ILP machines get wider, the utilization of the machine resources will decrease. The idling resources can potentially be used for enhancing system dependability via compile-time transformation techniques.

Keywords​

• Wearable, mobile, and cloud computing
• Ultra energy-efficient computing for sensor processing
• Real-time data analytics
• Mobile-user behavior modelling and deep learning

John Shen - Electrical and Computer Engineering - College of Engineering - Carnegie Mellon University

Distinguished Service Professor of Electrical and Computer Engineering at Carnegie Mellon University.

www.ece.cmu.edu

I also checked out his Linkedin page see screenshot, I especially like the sentence at the bottom

View attachment 14406

Home | CMU-NCA Lab

www.ncal.sv.cmu.edu

NCAL: Neuromorphic Computer Architecture Lab​

• Home
• People
• Documents

"Energy-Efficient, Edge-Native, Sensory Processing Units​

with Online Continuous Learning Capability"​

The Neuromorphic Computer Architecture Lab (NCAL) is a new research group in the Electrical and Computer Engineering Department at Carnegie Mellon University, led by Prof. John Paul Shen and Prof. James E. Smith.

RESEARCH GOAL: New processor architecture and design that captures the capabilities and efficiencies of brain's neocortex for energy-efficient, edge-native, on-line, sensory processing in mobile and edge devices.

• Capabilities: strong adherence to biological plausibility and Spike Timing Dependent Plasticity (STDP) in order to enable continuous, unsupervised, and emergent learning.
• Efficiencies: can achieve several orders of magnitude improvements on system complexity and energy efficiency as compared to existing DNN computation infrastructures for edge-native sensory processing.

RESEARCH STRATEGY:

1. Targeted Applications: Edge-Native Sensory Processing
2. Computational Model: Space-Time Algebra (STA)
3. Processor Architecture: Temporal Neural Networks (TNN)
4. Processor Design Style: Space-Time Logic Design
5. Hardware Implementation: Off-the-Shelf Digital CMOS

1. Targeted Applications: Edge-Native Sensory Processing
Targeted application domain: edge-native on-line sensory processing that mimics the human neocortex. The focus of this research is on temporal neural networks that can achieve brain-like capabilities with brain-like efficiency and can be implemented using standard CMOS technology. This effort can enable a whole new family of accelerators, or sensory processing units, that can be deployed in mobile and edge devices for performing edge-native, on-line, always-on, sensory processing with the capability for real-time inference and continuous learning, while consuming only a few mWatts.

2. Computational Model: Space-Time Algebra (STA)
A new Space-Time Computing (STC) Model has been developed for computing that communicates and processes information encoded as transient events in time -- action potentials or voltage spikes in the case of neurons. Consequently, the flow of time becomes a freely available, no-cost computational resource. The theoretical basis for the STC model is the "Space-Time Algebra“ (STA) with primitives that model points in time and functional operations that are consistent with the flow of Newtonian time. [STC/STA was developed by Jim Smith]

3. Processor Architecture: Temporal Neural Networks (TNN)
Temporal Neural Networks (TNNs) are a special class of spiking neural networks, for implementing a class of functions based on the space time algebra. By exploiting time as a computing resource, TNNs are capable of performing sensory processing with very low system complexity and very high energy efficiency as compared to conventional ANNs & DNNs. Furthermore, one key feature of TNNs involves using spike timing dependent plasticity (STDP) to achieve a form of machine learning that is unsupervised, continuous, and emergent.

4. Processor Design Style: Space Time Logic Design
Conventional CMOS logic gates based on Boolean algebra can be re-purposed to implement STA based temporal operations and functions. Temporal values can be encoded using voltage edges or pulses. We have developed a TNN architecture based on two key building blocks: neurons and columns of neurons. We have implemented the excitatory neuron model with its input synaptic weights as well as a column of such neurons with winner-take-all (WTA) lateral inhibition, all using the space time logic design approach and standard digital CMOS design tools.

5. Hardware Implementation: Standard Digital CMOS Technology
Based on the STA theoretical foundation and the ST logic design approach, we can design a new type of special-purpose TNN-based "Neuromorphic Sensory Processing Units" (NSPU) for incorporation in mobile SoCs targeting mobile and edge devices. NSPUs can be a new core type for SoCs already with heterogeneous cores. Other than using off-the-shelf CMOS design and synthesis tools, there is the potential for creating a new custom standard cell library and design optimizations for supporting the design of TNN-based NSPUs for sensory processing.



And the Course Syllabus - Spring 2022 18-743: “Neuromorphic Computer Architecture & Processor Design”

BrainChip is listed on the course

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View attachment 14408

It's great to be a share holder

I read many opinions here about the press release that Brainchip was officially engaged with universities and Kristopher Carlson was to deliver part of the course content.

I read one particularly detailed post (apologies to the poster for not presently recalling your name) setting out their research regarding Carnegie Melon’s exalted position in the technology academic world and I thought why is there such a subdued response to what I thought was sensational news.

I then thought perhaps I am wrong about its importance as there seemed to be overall a sort of ‘that’s nice’ approach from the majority and so I put it to one side until reading the following just now in the article posted by @Sirod69 :

“In the past semester, the AI start-up had successfully completed a pilot phase at Carnegie Mellon University. John Paul Shen, professor at the Department of Electrical and Computer Engineering at Carnegie Mellon, said about the program:

‘Our students had a great experience in using the Akida development environment and analyzing the results of the
experience in using the Akida hardware. We look forward to continuing and expanding this program in 2023.’

The successful completion of the pilot phase at Carnegie Mellon and the official launch of the program in five US universities is an absolute respectable success for an Australian chip developer.

After all, according to the magazine U.S. News & World Report the best AI course in the country - even before the elite tech universities MIT and Stanford.

Without question, BrainChip is once again setting an exclamation mark in the industry. Most recently, the AI specialist had succeeded in a strong coup in May with the inclusion in the AI Partner Program of market giant ARM.”

Leave aside the future benefits of students entering the workforce; leave aside the academic peer reviewed articles that will result; just think about how as recognised by the above writer this achievement will be viewed by customers particularly the top tech companies where graduates of Carnegie Mellon have been head hunted from for decades because of its high status in the tech world not to mention how this endorsement will play with Governments and Defence Departments around the World.

Let the WANCA’s ignore the significance at their peril.

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FF,

Is this the post you were referring to? Someone brilliantly brilliant must have posted it.

• #27,172

 

[Fullmoonfever]

Was having another quick skim on Megachips and distributor channel for a few mins while had time and this random pops up in my search.

Interesting career so far and his employer timelines are out a fraction to BRN though would expect some of the connections we have would have been bubbling along in the background for a while prior to formal Anns.

Appears well connected and be nice if had some exposure to Akida in the journey for future referencing....maybe we should have grabbed him

 

[Fullmoonfever]

Haven't seen this site before but also just came up in a search...nice little consolidation of some info / links fwiw

https://onscope.com/ipowner/en/owner/profile/184691-brainchip-inc.html

 

[Bravo]

Knock Knock

Who’s there?

Donut

Donut who?

Donut ask, it’s a secret!

@Violin1 did you just give me a sad face emoji for my “knock knock” joke or did you press the wrong button by accident?

 

[Proga]

Is this fake or is this already possible? And what about the Jaguar? Is that retrofitted? What do you guys think?
https://waymo.com/

thanks @cosors. I noticed it stopped in traffic in a keep clear zone at the 1m32s mark and you can see someone in the backseat holding up a phone recording in the revision mirror. Felt a bit giddy watching it at 4x normal speed or whatever it was

 

[Fact Finder]

Hi FF,

Is this the post you were referring to? Someone brilliantly brilliant must have posted it.

• #27,172

Absolutely and they also do not have any problems with short term memory. Sorry TechGirl it is a great post.
Regards
FF