BRN Discussion Ongoing

[Bravo]

Shiver me timbers!

I think it might be worth looking a bit further into Lenovo! Here's an article published about 30 mins ago which talks about Lenovo's goal to be No. 1 in servers, storage equipment and other pieces of data center hardware. Lenovo Group are also the world's biggest maker of personal computers!

I have underlined a section of the article that I think is SUPER interesting.

The other this that's very encouraging, and I wasn't aware of it until now but Lenovo have been interest in neuromorphic computing for while. In 2020 Leonovo and Mercedes Benze joined the INRC neuromorphic community project. You can read all about that in Zednet the link below.

In addition I posted something a little while ago about Lenovo #19,140 and I noticed there was a LinkedIn post about Lenovo that Rob Telson just happened to have liked.

It could be something, it could be nothing. I must admit I'm starting to see AKIDA behind every pot plant these days.

Lenovo's new goal: Be No. 1 in servers and storage

Dominant PC maker also strives to be world's top data center vendor

asia.nikkei.com

Intel, partners make new strides in Loihi neuromorphic computing chip development

Lenovo and Mercedes-Benz have also signed up as new members in the INRC neuromorphic community project.

www.zdnet.com

 

[uiux]

So that NASA preso was from:

Date Acquired
September 21, 2021


I guess we can expect another this year around same date. Not bad.

 

[Foxdog]

Shiver me timbers!

I think it might be worth looking a bit further into Lenovo! Here's an article published about 30 mins ago which talks about Lenovo's goal to be No. 1 in servers, storage equipment and other pieces of data center hardware. Lenovo Group are also the world's biggest maker of personal computers!

I have underlined a section of the article that I think is SUPER interesting.

The other this that's very encouraging, and I wasn't aware of it until now but Lenovo have been interest in neuromorphic computing for while. In 2020 Leonovo and Mercedes Benze joined the INRC neuromorphic community project. You can read all about that in Zednet the link below.

In addition I posted something a little while ago about Lenovo #19,140 and I noticed there was a LinkedIn post about Lenovo that Rob Telson just happened to have liked.

It could be something, it could be nothing. I must admit I'm starting to see AKIDA behind every pot plant these days.

View attachment 15085




View attachment 15086


View attachment 15090

Lenovo's new goal: Be No. 1 in servers and storage

Dominant PC maker also strives to be world's top data center vendor

asia.nikkei.com

Intel, partners make new strides in Loihi neuromorphic computing chip development

Lenovo and Mercedes-Benz have also signed up as new members in the INRC neuromorphic community project.

www.zdnet.com

'It could be something, it could be nothing. I must admit I'm starting to see AKIDA behind every pot plant these days.'

Ah AKIDA, the Cato of neuromorphic computing

 

[uiux]

So that NASA preso was from:

Date Acquired
September 21, 2021


I guess we can expect another this year around same date. Not bad.

Try not to take another whole year to find that one @Fullmoonfever

 

[Fullmoonfever]

So that NASA preso was from:

Date Acquired
September 21, 2021


I guess we can expect another this year around same date. Not bad.

Yeah thinking same as from memory US FY is a calendar year not like ours.

 

[buena suerte :-)]

Shiver me timbers!

I think it might be worth looking a bit further into Lenovo! Here's an article published about 30 mins ago which talks about Lenovo's goal to be No. 1 in servers, storage equipment and other pieces of data center hardware. Lenovo Group are also the world's biggest maker of personal computers!

I have underlined a section of the article that I think is SUPER interesting.

The other this that's very encouraging, and I wasn't aware of it until now but Lenovo have been interest in neuromorphic computing for while. In 2020 Leonovo and Mercedes Benze joined the INRC neuromorphic community project. You can read all about that in Zednet the link below.

In addition I posted something a little while ago about Lenovo #19,140 and I noticed there was a LinkedIn post about Lenovo that Rob Telson just happened to have liked.

It could be something, it could be nothing. I must admit I'm starting to see AKIDA behind every pot plant these days.

View attachment 15085




View attachment 15086


View attachment 15090

Lenovo's new goal: Be No. 1 in servers and storage

Dominant PC maker also strives to be world's top data center vendor

asia.nikkei.com

Intel, partners make new strides in Loihi neuromorphic computing chip development

Lenovo and Mercedes-Benz have also signed up as new members in the INRC neuromorphic community project.

www.zdnet.com

" I must admit I'm starting to see AKIDA behind every pot plant these days" ................ they can have that effect ..

 

[Fact Finder]

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

Further to my above post I have been researching Carnegie Mellon alumni and have provided a link to those which the University according to Wiki can claim as part of their academic success story:

https://en.m.wikipedia.org/wiki/List_of_Carnegie_Mellon_University_people

Reading such a list makes clear to me that I have just been making up the numbers here on Earth. LOL

I have chosen the following incredibly accomplished women as an example of who will likely be impressed by AKIDA being added to the curriculum at Carnegie Mellon and who may well have discussed the inclusion of AKIDA given her role as a trustee:

Dina Dublon (born 1953) is a senior lecturer at Harvard Business School[1] and current member of the boards of directors at Microsoft,[2]Accenture,[3] T. Rowe Price,[4] and PepsiCo.[5]She also serves as a trustee of Carnegie Mellon University and on the boards of several non-profit organizations, including the Global Fund for Women[6] and the Women's Refugee Commission,[7] where she is a co-chair. She was, from 1998 until her retirement in 2004, the executive vice president and chief financial officer for JPMorgan Chase.

Dina Dublon
Born	1953 (age 68–69) Brazil
Education	Hebrew University of Jerusalem(BA) Carnegie Mellon University(MS)

Dublon was born in Brazil. She holds a bachelor's degree in economics and mathematics from the Hebrew University in Jerusalem and a master's degree from the Business School at Carnegie Mellon University. She is the recipient of many awards and honors, and was included on Fortunemagazine's list of the “50 Most Powerful Women in American Business.”[8]She has also received The International Center in New York's Award of Excellence.

In 2019, Dublon was elected as an independent director of the T.Rowe Price Group, along with Robert J. Stevens.[9]

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Makeme 2020]

" I must admit I'm starting to see AKIDA behind every pot plant these days" .... they can have that effect ..

That looks like GREEN WEED.....LOL

 

[Fact Finder]

Further to my above post I have been researching Carnegie Mellon alumni and have provided a link to those which the University according to Wiki can claim as part of their academic success story:

https://en.m.wikipedia.org/wiki/List_of_Carnegie_Mellon_University_people

Reading such a list makes clear to me that I have just been making up the numbers here on Earth. LOL

I have chosen the following incredibly accomplished women as an example of who will likely be impressed by AKIDA being added to the curriculum at Carnegie Mellon and who may well have discussed the inclusion of AKIDA given her role as a trustee:

Dina Dublon (born 1953) is a senior lecturer at Harvard Business School[1] and current member of the boards of directors at Microsoft,[2]Accenture,[3] T. Rowe Price,[4] and PepsiCo.[5]She also serves as a trustee of Carnegie Mellon University and on the boards of several non-profit organizations, including the Global Fund for Women[6] and the Women's Refugee Commission,[7] where she is a co-chair. She was, from 1998 until her retirement in 2004, the executive vice president and chief financial officer for JPMorgan Chase.

Dina Dublon
Born	1953 (age 68–69) Brazil
Education	Hebrew University of Jerusalem(BA) Carnegie Mellon University(MS)

Dublon was born in Brazil. She holds a bachelor's degree in economics and mathematics from the Hebrew University in Jerusalem and a master's degree from the Business School at Carnegie Mellon University. She is the recipient of many awards and honors, and was included on Fortunemagazine's list of the “50 Most Powerful Women in American Business.”[8]She has also received The International Center in New York's Award of Excellence.

In 2019, Dublon was elected as an independent director of the T.Rowe Price Group, along with Robert J. Stevens.[9]

My opinion only DYOR
FF

AKIDA BALLISTA

Just in case like me you did not know who Robert J. Stevens was well:

Robert J. Stevens (born 1951), is a retired executive chairman of Lockheed Martin. He was the chairman, president and chief executive officer (CEO) of Lockheed Martin from 2004 until 2013, when Marillyn Hewson became CEO and president.

 

[Dhm]

Largely for my benefit, but possibly for others as well I took the following screenshots relating to Arm Cortex-M because I knew diddly squat about it's purpose in the ecosystem. They come from the most accurate and honest website in the world, Wikipedia.

 

[Proga]

I think you need to recheck your figures and post back more accurate figures based on the last half yearly statement

Tell me @Dozzaman1977, what do you think the answer is to save time?

 

[Wags]

It could be something, it could be nothing. I must admit I'm starting to see AKIDA behind every pot plant these days.

@Bravo , it's been said before, stay away from the POT

 

[Dozzaman1977]

Tell me @Dozzaman1977, what do you think the answer is to save time?

Page 10
Section 4 a, b and c
Of the consolidated financial statement for the half year end 2022 shows all the company expenses itemised and compared to the previous corresonding period

 

[Bravo]

@Bravo , it's been said before, stay away from the POT

I thought it was catnip! No wonder everything's been looking a bit weird!

 

[Proga]

Page 10
Section 4 a, b and c
Of the consolidated financial statement for the half year end 2022 shows all the company expenses itemised and compared to the previous corresonding period

I know. Answer the question

 

[Dozzaman1977]

I know. Answer the question

Certainly not 40 million
The company does not have 20 million in wage costs per year (10 million half year) like you have stated
The company does not have 20 million research and other costs per year (10 million half year) like you have stated.
I've shown you the page number on the half year financial accounts where the expenses are itemised
You should be quite capable of adding up the expense totals

 

[Fullmoonfever]

Still digging on Megachips and found this which gives a visual of how the process works.

Not a bad insight fwiw.

Not sure of date.

 

[Fullmoonfever]

Also Megachips ASSP catalogue which breaks down all the components and uses / target mkt.

Is a bit dated from 2015 (can't find more recent yet) so won't include Akida references but handy anyway as pretty comprehensive.

Was looking into distributors as well as would expect they may get possible enquiries via that channel and found Edom Technologies, Sunject & iPro Line Cards for Winter 2021 as a start with their vendors

Megachips comes under Kinetic and Prophesee also on the list as well as Renesas for Sunjet.

 

[Fullmoonfever]

Short Yole write up from Apr which reads quite positively.

MegaChips focuses on edge AI with custom ASIC solutions

Japan’s largest ASIC company expands to U.S. market. MegaChips, the leading custom ASIC company in Japan, today announced the launch of its AI Partner Program, which allows companies to integrate powerful AI capabilities without requiring in-house AI experts, allowing vendors to focus on their...

www.yolegroup.com

MegaChips focuses on edge AI with custom ASIC solutions​

APRIL 22, 2022

Japan’s largest ASIC company expands to U.S. market. MegaChips, the leading custom ASIC company in Japan, today announced the launch of its AI Partner Program, which allows companies to integrate powerful AI capabilities without requiring in-house AI experts, allowing vendors to focus on their key strengths and ensuring top quality for the final product.
The AI Partner Program marks the entry of MegaChips into the global Edge AI chips market, which was valued at $9 billion in 2020, and is projected to reach $59.6 billion by 2030 – an average growth rate of 21.2%.
“The AI chip industry is going through many changes, including a pivot from a saturated data center market to emerging use cases for integrated processors, such as the ones you’d find in smart devices”, asserts Adrien Sanchez, Technology & Market Analyst, Computing at Yole Développement (Yole). “Edge AI chips benefit companies by allowing them to analyze data from connected devices without sending massive amounts of data into the cloud, which often results in massive costs and potential security risks.” (1)
For systems companies, some benefits of the MegaChips AI Partner Program include a dedicated team of engineers that work collaboratively with customers to identify the best ways to implement desired AI functionalities, custom “proof of concept” demonstrations, and optimization strategy in context of a complete system. For IP and ASSP vendors, MegaChips eliminates the need for hiring in-house back-end chip implementation teams.
MegaChips is also announcing its expansion into the U.S. market after extensive success in Japan. MegaChips is now delivering its full-service ASIC solution in the U.S. and offering off-the-shelf access to industry-standard IP components and secure, inhouse design services along with full manufacturing support.
“MegaChips is thrilled to offer the most turn-key solution for enterprise companies looking to implement AI technology,” said Douglas Fairbairn, Director of Business Development. “The expansion to the United States is an excellent opportunity for us to bring our edge AI expertise to some of the most innovative technology companies. Be it sensing, voice and image recognition, or other applications, MegaChips is the first and best choice for implementing Edge AI from ideation to silicon

 

[Fact Finder]

I think you need to recheck your figures and post back more accurate figures based on the last half yearly statement

I could not stand the suspense so I took off my shoes and socks and guessed a bit but 4. a,b & c add up to approximately $10 million and I multiplied that by two in my head so cannot show the working but it came to $20 million. To check my workings I went to the last Annual Report produced below showing in bold the total then was $21,234,175 which included all those extra expenses with Socionext and TSMC to make that little plastic & metal thing that everyone is so obsessed with here. Of course Brainchip has cut out this expense going forward as they are now IP only.

From the Annual Report:
REVIEW OF OPERATIONS
The financial results of the Group are presented in US dollars, unless otherwise referenced. Although the pandemic remains an ongoing global challenge, there has been minimal impact on our business other than certain restrictions when meeting and engaging with our customers face-to-face, and the supply of certain core components used in the construction of development kits.

Overview
The Group made a net loss after income tax for the year ended 31 December 2021 of $20,981,309 (2020: $26,822,049). The current year loss included non-cash losses of $1,375,950 resulting from the fair valuation of the LDA financial liabilities (derivatives) recognised due to the agreed pricing mechanism and the put option premium. Revenues for the year ended 31 December 2021 of $1,588,483 increased 1,215% from $120,829 in 2020. The Company executed a license contract in December 2021 as well as multiple Early Access Programme (“EAP”) product sales and engineering support services agreements during the year. Directors’ Report BrainChip Holdings Ltd 2021 Annual Report

5 REVIEW OF OPERATIONS (Continued)
Total operating expenses for the year ended 31 December 2021 of $21,234,175 increased 89% from $11,242,032 incurred in the year ended 31 December 2020.
This increase was attributable to:
1) Research & development (R&D) expenses of $9,133,213 for the current period increased 77%, or $3,980,974 from a year ago. R&D costs comprise employee expense, contractor and other research and development costs, and amortisation of capitalised R&D intangible assets. Movements in R&D costs are summarised as follows: a) 41% increase in employee expenses reflecting the expansion of headcount into both Australia (2 additional) and India (5 additional) plus merit increases to staff who supported the achievements of the Company throughout 2020 and 2021, offset by increased credits received or receivable from government authorities; and b) recognition of $4,067,000 of third-party pre-development services being the final progressive payments to Socionext related to the fabrication of the AkidaTM device (2020: $1,050,000);
2) Selling & marketing (S&M) expenses of $2,486,927 for the current period increased 74%, or $1,060,426 from a year ago. The increase reflects management’s focus on the promotion and marketing of product, and the targeting of potential customers through the engagement of external marketing consultants and expansion of the S&M headcount;
3) General & administrative (G&A) expenses of $5,251,834 for the current period increased 63% overall, or $2,024,187 from the same period a year ago as a result of: a) the appointment of a new CEO in November 2021 as well as the termination expense of the previous CEO effective from March 2021, plus additional headcount in the administrative team; b) an increase in directors fee expense as a result of a full year of fees in 2021 with an additional board member appointed; c) increased legal and professional costs supporting employment and selling functions, and d) increased listing related expenses as a result of increased shareholder activities during the current year; and
4) Share-based payment expense of $4,362,201 for the current period increased 204%, or $2,926,556 from the same period a year ago. Share-based payments expense is non-cash in nature, and represents the current period vesting expense for options, restricted stock units and performance rights issued to directors, employees and consultants, offset by the value of options that have been forfeited during the year.

From the recent Half Yearly Report

7. LOSS PER SHARE 30 June 2022 30 June 2021 US$ US$ Net loss attributable to ordinary shareholders for basic and diluted earnings per share (8,255,802) (9,298,244) US cents per share US cents per share Basic and diluted loss per share (0.46) [2022 ~v~ 2021] (0.55)

It is also interesting that the attributed net loss per share fell to 46 cents over the last half yearly report when it was 55 cents per share.

My opinion only DYOR
FF

AKIDA BALLISTA