BRN Discussion Ongoing

[Wags]

The 8 bit floating point discussion relates to the type of data to be used to store the model libraries for use in AI/NNs - that is an information byte is a string of eight ones and zeros, eg, 10010011.

The first bit is the sign, 1 for minus, zero for plus.

The next 4 bits are the exponent (the power to which 2 is raised), adjusted to accommodate fractional numbers (negative exponents).

The last 3 bits are the mantissa (plus the implied 1 to the left of the 3 bits). [Thrifty lot, these engineers, aren't they?]*
As I was going down the stair,
I met a man(tissa) who wasn't there.
He wasn't there again today ...

BrainChip has developed a number of model libraries adapted to Akida's 1-to-4 bit format.
The CNN2SNN functionality of Akida is able to adapt CNN models to Akida format.
https://doc.brainchipinc.com/user_guide/akida_models.html

Overview​

Brainchip akida_models package is a model zoo that offers a set of pre-built akida compatible models (e.g Mobilenet, VGG or AkidaNet), pretrained weights for those models and training scripts.

See the model zoo API reference for a complete list of the available models.

akida_models also contains a set of quantization blocks and layer blocks that are used to define the above models.

Command-line interface for model creation​

In addition to the programming API, the akida_models toolkit provides a command-line interface to instantiate and save models from the zoo.

Instantiating models using the CLI makes use of the model definitions from the programming interface with default values. To quantize a given model, the CNN2SNN quantize CLI should be used.


The beauty of Akida is that it can learn on the job without having to reprogramme the whole dataset.

*FN: This thrift of Silicon real estate originates well before USB sticks were $1 per megabit.

PS: 8-bit FP model library is designed for use with CPU?GPU based processors - MetaTF can convert those model libraries for use in Akida.

Thankyou @Diogenese for the reply.

It's good and comforting to have smart people like you to lean on with this highly specialised and technical info, thankyou.

I sort of get the difference between the 4 and 8bit scenario. It just amplifies how clever and ahead of the game Peter and Anil are, and have been for many years.

Like I said earlier, it seems to me Nvidia and Intel, by way of this "industry specification" with Arm, have run the white flag up the pole in terms of technical ability. Simply put, they can't match Akida in performance

Ok, how else can we shaft this Aussie mob from taking a major chunk of our market share?. Use our combined size and horsepower to control the market, create a specification that they can't comply with, and spread the word??? tell the world Brainchip doesn't comply with the industry specification. (Edit) That should slow them down for awhile, whilst we figure out what their secret sauce is, and how to get around it.

I have absolutely no doubt in my mind who has the better product.

Brainchip's goal of creating the defacto standard, based on performance, cost and ease of adoption, supported by good morals, the research centre in Perth, and the sponsorships to universities, hopefully prevails.

Akida Ballista

 

[alwaysgreen]

All this talk of getting traction in the US markets. Low liquidity, low share price/market cap etc.

You know what will increase the share price? Revenue. That is it. We are already trading at an extremely high P/E ration because of numerous factors (amazing technology, patents, great management team, confirmed partnerships, EAP customers, potential earnings) but I believe the only thing that will move our share price north now, in all markets, will be revenue. And lots of it!

I truly believe it will happen. If and when is the question. Just have patience. Don't put the cart before the horse.

 

[Fact Finder]

When I stepped away a few months ago I stated that I held the view that Brainchip’s success was no longer in doubt.

This view has in my opinion been further validated by one recently disclosed FACT in the half yearly report which stated that an additional $2 million approximately was received predominately made up of additional licence fees from MegaChips.

We know as a matter of FACT from the two ASX announcements regarding MegaChips that it was committed to pay about $2 million for its own AKIDA IP licence.

We know that Renesas paid somewhere in the order of half to one million dollars for its licence of two nodes of AKIDA IP.

So we can extrapolate that the about $2 million dollars in licence fees received from MegaChips OVER AND ABOVE its $2 million involves one or more AKIDA IP licence fees being paid by one or more customers of MegaChips.

Those of us who have been on this journey for years know that what we have wanted and what others have constantly criticised Brainchip for not achieving is conversion of sales leads into paying customers.

Even today we have posters legitimately hoping for an ASX price sensitive announcement that Valeo, Ford, Mercedes Benz or the like have moved from EAP to customer by purchasing an AKIDA IP licence.

Why because the way in which the Brainchip sales pipeline works is that purchase of the AKIDA IP licence comes at the end when a company has reached the point where it has a proof of concept prototype and is going to bring a product containing AKIDA IP to market and in due course start remitting royalties to Brainchip in perpetuity.

The now known FACT is that via MegaChips one or more early access customers have reached that point and paid an AKIDA IP licence fee and are bringing a product to market containing AKIDA IP.

This is what the journey has been all about.

Obviously we do not know who these now committed customers are but we do have the following from MegaChips as to where they were targeting the use of AKIDA IP.

We also have from the CEO Sean Hehir that to understand the progress being made we need to look to revenue.

Well I have and in doing so I have been informed that MegaChips has been successful in selling AKIDA IP to one or more customers who will be bringing a product to market powered by AKIDA and in due course royalties will flow to Brainchip in perpetuity.

My opinion only DYOR
FF

AKIDA BALLISTA


MAIN MENU

Artificial Intelligence / Machine Learning​

Megachips is dedicated to bringing a broad range of solutions to customers building products requiring “Edge AI” capability. Megachips has partnered with two leading Edge AI/IP vendors to enable us to deliver the optimal solutions with comprehensive design and manufacturing support.

AI Enablement Program​

MegaChips has introduced a unique program to support both systems companies embedding AI into their products and IP companies who need to demonstrate their unique capabilities to their customers.
Features and Benefits of the Program – for systems companies

• Dedicated team of engineers and FAE’s to work with our customers to identify the best way to implement their desired AI functionality
• A variety of software and hardware demonstrations which feature the implementation of different AI algorithms on different platforms
• The ability to develop custom “proof of concept” demonstrations to illustrate and validate a customers desired functionality
• Help customer optimize AI solution in context of complete system – including foundry process node

Features and Benefits of the Program – for IP vendors

• Opportunity to partner with MegaChips in joint sales and marketing programs
• Allow the IP vendor to focus on their key strengths.
• Eliminate the need for the IP vendor to find and hire a back-end chip implementation team and develop relationships with foundries, assembly vendors, etc.
• Provide strong partnership based on our AI system and implementation skills
• Help IP vendor choose the best process node based on the target market and cost of implementation of final customer’s SoC
• Ensure top quality for the final product

Brainchip features a unique neuromorphic processor which takes advantage of the sparse data streams associated with most edge applications to provide a very low power solution while maintaining high performance. The small footprint of the Brainchip IP makes it an ideal solution for low power, high volume applications.
Megachips’ engineering team is fully trained on Brainchip software and hardware and is prepared to work directly with our customers to evaluate the performance of the Brainchip Solution in your product.
Once selected MegaChips will work closely with our customers throughout the product development cycle, including licensing the SDK hardware and software, provide NN model consulting, and ensure the final design can be efficiently implemented into silicon.

Key Features​

• Very low power – microwatts to milliwatts
• On chip learning – no need to retrain in the cloud
• Complete development system support
• Silicon-proven IP
• Software Development Kit available

Key Applications​

• Keyword spotting
• Always on detection
• Gesture recognition

• Network packet inspection
• Person/object classification
• Object detection

 

[Slade]

When I stepped away a few months ago I stated that I held the view that Brainchip’s success was no longer in doubt.

This view has in my opinion been further validated by one recently disclosed FACT in the half yearly report which stated that an additional $2 million approximately was received predominately made up of additional licence fees from MegaChips.

We know as a matter of FACT from the two ASX announcements regarding MegaChips that it was committed to pay about $2 million for its own AKIDA IP licence.

We know that Renesas paid somewhere in the order of half to one million dollars for its licence of two nodes of AKIDA IP.

So we can extrapolate that the about $2 million dollars in licence fees received from MegaChips OVER AND ABOVE its $2 million involves one or more AKIDA IP licence fees being paid by one or more customers of MegaChips.

Those of us who have been on this journey for years know that what we have wanted and what others have constantly criticised Brainchip for not achieving is conversion of sales leads into paying customers.

Even today we have posters legitimately hoping for an ASX price sensitive announcement that Valeo, Ford, Mercedes Benz or the like have moved from EAP to customer by purchasing an AKIDA IP licence.

Why because the way in which the Brainchip sales pipeline works is that purchase of the AKIDA IP licence comes at the end when a company has reached the point where it has a proof of concept prototype and is going to bring a product containing AKIDA IP to market and in due course start remitting royalties to Brainchip in perpetuity.

The now known FACT is that via MegaChips one or more early access customers have reached that point and paid an AKIDA IP licence fee and are bringing a product to market containing AKIDA IP.

This is what the journey has been all about.

Obviously we do not know who these now committed customers are but we do have the following from MegaChips as to where they were targeting the use of AKIDA IP.

We also have from the CEO Sean Hehir that to understand the progress being made we need to look to revenue.

Well I have and in doing so I have been informed that MegaChips has been successful in selling AKIDA IP to one or more customers who will be bringing a product to market powered by AKIDA and in due course royalties will flow to Brainchip in perpetuity.

My opinion only DYOR
FF

AKIDA BALLISTA


MAIN MENU

Artificial Intelligence / Machine Learning​

Megachips is dedicated to bringing a broad range of solutions to customers building products requiring “Edge AI” capability. Megachips has partnered with two leading Edge AI/IP vendors to enable us to deliver the optimal solutions with comprehensive design and manufacturing support.

AI Enablement Program​

MegaChips has introduced a unique program to support both systems companies embedding AI into their products and IP companies who need to demonstrate their unique capabilities to their customers.
Features and Benefits of the Program – for systems companies

• Dedicated team of engineers and FAE’s to work with our customers to identify the best way to implement their desired AI functionality
• A variety of software and hardware demonstrations which feature the implementation of different AI algorithms on different platforms
• The ability to develop custom “proof of concept” demonstrations to illustrate and validate a customers desired functionality
• Help customer optimize AI solution in context of complete system – including foundry process node

Features and Benefits of the Program – for IP vendors

• Opportunity to partner with MegaChips in joint sales and marketing programs
• Allow the IP vendor to focus on their key strengths.
• Eliminate the need for the IP vendor to find and hire a back-end chip implementation team and develop relationships with foundries, assembly vendors, etc.
• Provide strong partnership based on our AI system and implementation skills
• Help IP vendor choose the best process node based on the target market and cost of implementation of final customer’s SoC
• Ensure top quality for the final product

Brainchip features a unique neuromorphic processor which takes advantage of the sparse data streams associated with most edge applications to provide a very low power solution while maintaining high performance. The small footprint of the Brainchip IP makes it an ideal solution for low power, high volume applications.
Megachips’ engineering team is fully trained on Brainchip software and hardware and is prepared to work directly with our customers to evaluate the performance of the Brainchip Solution in your product.
Once selected MegaChips will work closely with our customers throughout the product development cycle, including licensing the SDK hardware and software, provide NN model consulting, and ensure the final design can be efficiently implemented into silicon.

Key Features​

• Very low power – microwatts to milliwatts
• On chip learning – no need to retrain in the cloud
• Complete development system support
• Silicon-proven IP
• Software Development Kit available

Key Applications​

• Keyword spotting
• Always on detection
• Gesture recognition
• Network packet inspection
• Person/object classification
• Object detection

Thanks FF. It’s always good to be reminded of the facts. Very reassuring.

 

[JDelekto]

When I stepped away a few months ago I stated that I held the view that Brainchip’s success was no longer in doubt.

This view has in my opinion been further validated by one recently disclosed FACT in the half yearly report which stated that an additional $2 million approximately was received predominately made up of additional licence fees from MegaChips.

We know as a matter of FACT from the two ASX announcements regarding MegaChips that it was committed to pay about $2 million for its own AKIDA IP licence.

We know that Renesas paid somewhere in the order of half to one million dollars for its licence of two nodes of AKIDA IP.

So we can extrapolate that the about $2 million dollars in licence fees received from MegaChips OVER AND ABOVE its $2 million involves one or more AKIDA IP licence fees being paid by one or more customers of MegaChips.

Those of us who have been on this journey for years know that what we have wanted and what others have constantly criticised Brainchip for not achieving is conversion of sales leads into paying customers.

Even today we have posters legitimately hoping for an ASX price sensitive announcement that Valeo, Ford, Mercedes Benz or the like have moved from EAP to customer by purchasing an AKIDA IP licence.

Why because the way in which the Brainchip sales pipeline works is that purchase of the AKIDA IP licence comes at the end when a company has reached the point where it has a proof of concept prototype and is going to bring a product containing AKIDA IP to market and in due course start remitting royalties to Brainchip in perpetuity.

The now known FACT is that via MegaChips one or more early access customers have reached that point and paid an AKIDA IP licence fee and are bringing a product to market containing AKIDA IP.

This is what the journey has been all about.

Obviously we do not know who these now committed customers are but we do have the following from MegaChips as to where they were targeting the use of AKIDA IP.

We also have from the CEO Sean Hehir that to understand the progress being made we need to look to revenue.

Well I have and in doing so I have been informed that MegaChips has been successful in selling AKIDA IP to one or more customers who will be bringing a product to market powered by AKIDA and in due course royalties will flow to Brainchip in perpetuity.

My opinion only DYOR
FF

AKIDA BALLISTA


MAIN MENU

Artificial Intelligence / Machine Learning​

Megachips is dedicated to bringing a broad range of solutions to customers building products requiring “Edge AI” capability. Megachips has partnered with two leading Edge AI/IP vendors to enable us to deliver the optimal solutions with comprehensive design and manufacturing support.

AI Enablement Program​

MegaChips has introduced a unique program to support both systems companies embedding AI into their products and IP companies who need to demonstrate their unique capabilities to their customers.
Features and Benefits of the Program – for systems companies

• Dedicated team of engineers and FAE’s to work with our customers to identify the best way to implement their desired AI functionality
• A variety of software and hardware demonstrations which feature the implementation of different AI algorithms on different platforms
• The ability to develop custom “proof of concept” demonstrations to illustrate and validate a customers desired functionality
• Help customer optimize AI solution in context of complete system – including foundry process node

Features and Benefits of the Program – for IP vendors

• Opportunity to partner with MegaChips in joint sales and marketing programs
• Allow the IP vendor to focus on their key strengths.
• Eliminate the need for the IP vendor to find and hire a back-end chip implementation team and develop relationships with foundries, assembly vendors, etc.
• Provide strong partnership based on our AI system and implementation skills
• Help IP vendor choose the best process node based on the target market and cost of implementation of final customer’s SoC
• Ensure top quality for the final product

Brainchip features a unique neuromorphic processor which takes advantage of the sparse data streams associated with most edge applications to provide a very low power solution while maintaining high performance. The small footprint of the Brainchip IP makes it an ideal solution for low power, high volume applications.
Megachips’ engineering team is fully trained on Brainchip software and hardware and is prepared to work directly with our customers to evaluate the performance of the Brainchip Solution in your product.
Once selected MegaChips will work closely with our customers throughout the product development cycle, including licensing the SDK hardware and software, provide NN model consulting, and ensure the final design can be efficiently implemented into silicon.

Key Features​

• Very low power – microwatts to milliwatts
• On chip learning – no need to retrain in the cloud
• Complete development system support
• Silicon-proven IP
• Software Development Kit available

Key Applications​

• Keyword spotting
• Always on detection
• Gesture recognition
• Network packet inspection
• Person/object classification
• Object detection

I'm wondering if there would even be signed agreements between BrainChip and automotive manufacturers like Ford or Mercedes. While Mercedes did announce at CES that their redesigned MBUX system was using Akida, I tend to think that they are going through a Tier-1 supplier such as Valeo or Renesas.

Because the OEMs are purchasing those modules from the suppliers, the agreements might be through the suppliers themselves and we may not directly know which manufacturers are using Akida in their vehicles unless they decide to announce it (as Mercedes did). Even someone doing a "tear-down" won't necessarily know if Akida IP is inside unless the components themselves are advertised as using it.

Because of the level at which BrainChip is marketing its IP, it can cover a very large base of products with a small number of licensees. The bad news for those expecting to see a lot of announcements is that they may be few and far between, but depending on the company licensing the IP, we might see a steady growth of revenue over time.

I think that is where we need to remain focused: announcements of IP used by component suppliers and agreements with companies that create neuromorphic sensors that can bundle BrainChip's IP with their products. Well, that and announcements of new patents that will hopefully keep competition a step behind and further de-risk our investment.

All my opinion, of course, but this is how I see it playing out.

 

[DingoBorat]

Over 10 million shorts taken out Friday.
The most ever since I've been checking.

The shorters are shit scared and know they are running out of time to cover.

They are pushing for capitulation

 

[Cardpro]

Does anyone know whether we need to arrange for a contract if some company were to adopt akida through ARM / Sifive or whether the revenue would just flow through from ARM / Sifive?

 

[Cardpro]

Over 10 million shorts taken out yesterday.
The most ever since I've been checking.

The shorters are shit scared and know they are running out of time to cover.

They are pushing for capitulation

Burns me because they would've earned so much money based on the past announcement history of BrainChip come on management we know you guys are working hard but give us more good news and let the market know haha

 

[DingoBorat]

Over 10 million shorts taken out yesterday.
The most ever since I've been checking.

The shorters are shit scared and know they are running out of time to cover.

They are pushing for capitulation

I'm guessing those shorts were also used Friday?..
I'm very interested to see what shorts were taken out and are being used today..
I'm going to guess it's dropped down to 1 or 2 million.

The big closing market sale Friday of around 35 million shares, was also interesting..

I'm hanging out to see the new short aggregate data, over the next couple of days (which always lags new "reported" shorts data).

We are already at the highest level ever, with over 91 million aggregate uncovered shorts.

The higher the aggregate, the better, especially with foundational patent news close..


Also BRN now showing in Top 5 declines!!
LKE too (Top Gainer) the ASX must have finally worked out how to punch in the codes ...

 

[Gemmax]

I'm guessing those shorts were also used yesterday?..
I'm very interested to see what shorts were taken out and are being used today..
I'm going to guess it's dropped down to 1 or 2 million.

The big closing market sale yesterday of around 35 million shares, was also interesting..

I'm hanging out to see the new short aggregate data, over the next couple of days (which always lags new "reported" shorts data).

We are already at the highest level ever, with over 91 million aggregate uncovered shorts.

The higher the aggregate, the better, especially with foundational patent news close..


Also BRN now showing in Top 5 declines!!
LKE too (Top Gainer) the ASX must have finally worked out how to punch in the codes ...

So. BRN doesn’t show in the top five gainers when it earns a spot but shows in the decliners.
How convenient!!

 

[DingoBorat]

I'm guessing those shorts were also used yesterday?..
I'm very interested to see what shorts were taken out and are being used today..
I'm going to guess it's dropped down to 1 or 2 million.

The big closing market sale yesterday of around 35 million shares, was also interesting..

I'm hanging out to see the new short aggregate data, over the next couple of days (which always lags new "reported" shorts data).

We are already at the highest level ever, with over 91 million aggregate uncovered shorts.

The higher the aggregate, the better, especially with foundational patent news close..


Also BRN now showing in Top 5 declines!!
LKE too (Top Gainer) the ASX must have finally worked out how to punch in the codes ...

People may not be happy to see us in the Top 5 declines today, on the first day of the ASX website, recognising our status as a member of the S&P/ASX200..

But it is still exposure, that we weren't getting before!

Our share price, relative to most other companies in the index, is very low.
So our percentage changes will be big and we will be showing predominantly, in both the Top 5 Gains and the Top 5 declines.

Exposure, Exposure, Exposure!

 

[JDelekto]

Does anyone know whether we need to arrange for a contract if some company were to adopt akida through ARM / Sifive or whether the revenue would just flow through from ARM / Sifive?

Hopefully, @FactFinder or someone else who is an expert in this space can weigh in, but in my opinion, I do not think there is a requirement for a reseller of our IP to require a licensee to also have a contract with the supplier of that IP. I think a company that has a contract like MegaChips, for example, is required to identify any products containing the BrainChip IP to pay royalties, but I do not think that a company buying MegaChips products has any type of direct contract with BrainChip (unless perhaps they are paying for any training or support).

While a company does have a responsibility to disclose any information that directly or indirectly could affect the share price, it is unreasonable to think that a company like BrainChip would know with whom MegaChips is doing business and in what products their resulting IP would be used. These could be considered trade secrets to which BrainChip would not necessarily be privy. I also think the logistics for such a practice would be impractical; how exactly deep through the supply chain does one go?

In the software world, for example, I could purchase a 3rd party component package that adds all sorts of fancy widgets to my product. The license agreement would allow me to sell my product, and if required, I may need to add in the fine print (of my application's "about box") that I am using that software component. However, I do not need to have all my customers that buy my product sign any type of license agreement with the 3rd party vendor. Furthermore, I may mix & match different components from different vendors, so someone might know my software uses component(s) from "Company A", but not necessarily which was used.

I think that how we know BrainChip's IP is being used is through its revenue stream; and even then, we may not know from which company with whom we have an agreement the revenue flow, nor how much by a licensee. They might, however, categorize their revenue as IP sales, service agreements, training, etc. I do not know the exact requirements for this, so this is just a guess on my part. It is just what makes sense to me logically.

 

[DingoBorat]

So. BRN doesn’t show in the top five gainers when it earns a spot but shows in the decliners.
How convenient!!

No, it looks like they've fixed the issue..

Coincidence, after being reported to ASIC?

I honestly don't think ASIC would be that quick.. But maybe the ASX got wind of it?

Is it also a coincidence, that over 10 million shorts, were taken out and used Friday?

 

[alwaysgreen]

The price manipulation is so frustrating.

We need to compare to another growth stock for perspective though.

Tesla went from $407 then 4 months later down to $265. Back up to $361 a month later. Down to $265 2 months later and it now sits at around $300 3 months later.

Growth stocks are roller coasters unfortunately and not for those with weak stomachs.

 

[DingoBorat]

The price manipulation is so frustrating.

We need to compare to another growth stock for perspective though.

View attachment 16958

Tesla went from $407 then 4 months later down to $265. Back up to $361 a month later. Down to $265 2 months later and it now sits at around $300 3 months later.

Growth stocks are roller coasters unfortunately and not for those with weak stomachs.

Those values seem appropriate!

Tesla was heavily shorted over those periods and still is.

Tesla Has First Profitable Year, but Competition Is Growing (Published 2021)

The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.

www.nytimes.com

They only started making a profit, a couple of years ago and yet had a massive market capitalisation already, during that journey.
Hence why the shorters found them attractive..

 

[Proga]

No, it looks like they've fixed the issue..

Coincidence, after being reported to ASIC?

I honestly don't think ASIC would be that quick.. But maybe the ASX got wind of it?

Is it also a coincidence, that over 10 million shorts, were taken out and used yesterday?

I'm surprised it took the ASX so long. Displaying wrong and deceptive information on their website in which investors may use as a tool for investing is a big no no.

 

[mrgds]

The price manipulation is so frustrating.

We need to compare to another growth stock for perspective though.

View attachment 16958

Tesla went from $407 then 4 months later down to $265. Back up to $361 a month later. Down to $265 2 months later and it now sits at around $300 3 months later.

Growth stocks are roller coasters unfortunately and not for those with weak stomachs.

Tesla has had two stock splits in the last two years,
Tesla s/p would equate too ( not saying it would be ) $4,500 per share if the stock splits didn"t happen
Good for shareholders, as i first bought 50 shares, and now have 750, ...................... BRN may do the same down the track, ( ? )

AKIDA BALLISTA

 

[Bravo]

Artificial intelligence can be used to detect COVID-19 infection in people’s voices by means of a mobile phone app. Sounds like a possible use case for AKIDA 2.0 with LSTM.

Extract

They found that one model called Long-Short Term Memory (LSTM) outperformed the other models. LSTM is based on neural networks, which mimic the way the human brain operates and recognises the underlying relationships in data. It works with sequences, which makes it suitable for modelling signals collected over time, such as from the voice, because of its ability to store data in its memory.

“These results show a significant improvement in the accuracy of diagnosing COVID-19 compared to state-of-the-art tests such as the lateral flow test,” Aljbawi said.

AI to detect COVID-19 infection in people's voices

Simple voice recordings and fine-tuned AI algorithms can potentially help determine which patients have COVID-19 infection.

www.hospitalhealth.com.au

 

[alwaysgreen]

We need to see a bit of a turnaround in the price if we are going to maintain position in the ASX200. Our market cap is starting to slip and we are currently at position 207.

 

[db1969oz]

We need to see a bit of a turnaround in the price if we are going to maintain position in the ASX200. Our market cap is starting to slip and we are currently at position 207.

No doubt the shorters are aiming for this in the current attack.