Kachoo
Regular
You did not mention the other important link. BRN have increased staffing levels by several folds over the last few years.When I read all the speculation regarding links to customers or concerns that Brainchip may have been replaced by another player on a known automotive project I remember the following:
1. AKIDA TM & IP are processor agnostic - meaning they can work with Nvidia, ARM or Qualcomm processors and any RISC-V;
2. AKIDA TM & IP are sensor agnostic - meaning every type of sensor from Cameras, DVS, LiDAR, Radar & Ultrasonics used in automotive applications;
3. The CEO Sean Hehir said the following at the AGM:
“When I started to evaluate joining BrainChip I started with the technology. Being a Silicon Valley based executive I had easy access to some of the world’s best technical minds who I engaged to evaluate the core technology. The overwhelming feedback was the technology is visionary in its design, unparalleled in flexibility, and transformative in performance.
As the engagement progressed, I met with many of the core team members and concluded that I had never met a more talented, dedicated, and focused group of individuals in all my years in the technology business.”
4. Mercedes Benz are still listed on Brainchips website as trusting Brainchip and are on record as describing Brainchip as the artificial intelligence experts and AKIDA as offering up to 10 times better performance than competitor solutions;
5. On NVISO’s presentation it shows AKIDA offering at least ten times better performance on fps than Jetson Nano 1000 -v- 100;
6. Both ARM and SiFive have partnered with Brainchip since the Mercedes Benz reveal and confirm the Brainchip claim that AKIDA is processor agnostic;
7. The CEO Sean Hehir stated in a presentation that they continue to work with Mercedes Benz and in the most recent presentations this month Mercedes Benz still features.
8. Brainchip has partnered with Prophesee and AKIDA TM & IP have been confirm as agnostic;
9. Brainchip announced Valeo as an EAP customer in 2020 and continues to state on the website that they are trusted by Valeo and Valeo also continues to appear in slides at Brainchip presentations;
10. Sensor Fusion is integral to the Mercedes’ Benz multi sensor redundancy approach to autonomy at highway speeds and AKIDA TM & IP offers this opportunity as it can process cameras, DVS, Radar, LiDAR and Ultrasonics;
So just as I said to @MC🐠 a couple of years ago it continues to be the case that I see dots joining Brainchip and its AKIDA TM & IP under every rock, behind every door and under every bed in the automotive industry and why would I not when it is “visionary in its design, unparalleled in flexibility, and transformative in performance.”
My opinion only DYOR
FF
AKIDA BALLISTA
We only hear of the upper management side of hiring.
This is directly proportional to work activity. When silicon valley is trimming staff BRN are adding staff. Why would they do that. We have more work to do or let's be reckless with our money?
I will point out that leadership criticism is high on activity reporting. Well this will only point to 2 options. 1 they are busy and working on confidential projects. 2 they have nothing decieded to hire more personal to make it look like they are busy and keep stretching the truth about the partnerships. Which one do you believe in.
I'm happy to wait and see how we perform the quarters from the next one into 2024. The timeline shifts are frustrating to all believe me I would rather we a 2 dollar sp the account would look richer. But even at that price I would not be a seller I have a much higher value that would trugger me to sell. Yes i would be happier mentally at a 2 dollar price but I also view it like this.
If I buy 4000 shares at 80 some cents because of the bear market and economic uncertainty today or next week. The value in say 3 years is 10 dollars my opinion then I just turned 3200 dollars to 40000 in my view that's amazing. If I can dedicate that amount not worry about my life style it's and amazing return. IMO
You can use whatever value you are comfortable with in your financial situation even if it's a doubles thats very good based on mutual funds and other investment tools. This ideology is based on my belief in the tech and the adoption of Akida. Which is evident at the begging of this long winded post lol.
Regardless of this journey it has tought me lots like many other I would say. I feel I have grown and learnt so much from the value that posters have provided and the links read and research I did on the company and personnel involved.
Many poster have impacted in the way I view and process the data before me. Thanks.