BRN Discussion Ongoing

[Slade]

Looking carefully at the announcement, we could have kept the license as it was for the short term, but we have $250k to spend to acquire it outright for the long run. As a business that is new to commercialisation, I would think this wouldn't be a priority purchase unless we have cash flow coming in, so.... how long? About two weeks

I agree with this. I believe that the license has been available for BrainChip’s exclusive purchase for quite some time and would have remained so. BrainChip has chosen now to purchase it. That gives me a great deal of confidence.

 

[wilzy123]

This may be true.

However, I also think it speaks volumes to the importance that the company places on the JAST learning rules. Why risk derailing your commercial prospects knowing full well you remain at the mercy of a licensing agreement, when you can acquire it and move on with confidence. Now wouldn't that instil at lot of confidence in not only the company itself but also their customers.

It's essentially only the WANCA's that won't appreciate the significance of today's announcement.

 

[M_C]

Looking carefully at the announcement, we could have kept the license as it was for the short term, but we have $250k to spend to acquire it outright for the long run. As a business that is new to commercialisation, I would think this wouldn't be a priority purchase unless we have cash flow coming in, so.... how long? About two weeks

They wouldn't buy that license unless....

1. They can afford to
2. There's revenue incoming
3.They see value in it which means big revenue incoming

Imo

 

[Dang Son]

Totally agree with you " Toasty ". .......... I'm quite confident imo, that the "Big Fish" would have wanted some absolute guarantee from BRN, that they had all IP base's covered by patents, before they committed themselves to any formal contracts/royalty issues and for nothing to stand in their way concerning their own product development lines / Tech.

I was thinking it might have been BRN delaying licences so as not to have our tech in market prior to this Patent Grant

 

[Fact Finder]

I smell military and law enforcement use here............

Hi @toasty & everyone else,

While I love speculation sometimes it is pointless to look past the nose on your face or my previous posts about the importance of the unannounced patent now included in the latest press release.

So here is the nose on everyone's face and as someone said about the WANCA's there will be some who will still die of dehydration even though they have been led to water. I have made it easier by highlighting something they might even pick up on:

“Beyond my laments, not all is lost. In October last year, Samsung partnered with Mercedes-Benz to help car owners control their smart homes via their cars.

Mercedes integrated the Samsung SmartThings platform into the Mercedes-Benz user experience (MBUX) voice assistant to let drivers remotely connect and control their SmartThings-powered smart gadgets.

Using natural language, such as “Hey Mercedes, did I forget to turn off my lights at home?” to “Hey Mercedes, is anyone at home?”, the MBUX Voice Assistant enables users to engage with their smart homes.”

Redirecting

thenextweb-com.webpkgcache.com

My opinion only but please read the whole article as AKIDA was probably the missing piece of Mercedes Puzzle so DYOR
FF

AKIDA BALLISTA

 

[alwaysgreen]

I think our sp is going to go on a little run this afternoon

 

[Fact Finder]

Hi @toasty & everyone else,

While I love speculation sometimes it is pointless to look past the nose on your face or my previous posts about the importance of the unannounced patent now included in the latest press release.

So here is the nose on everyone's face and as someone said about the WANCA's there will be some who will still die of dehydration even though they have been led to water. I have made it easier by highlighting something they might even pick up on:

“Beyond my laments, not all is lost. In October last year, Samsung partnered with Mercedes-Benz to help car owners control their smart homes via their cars.

Mercedes integrated the Samsung SmartThings platform into the Mercedes-Benz user experience (MBUX) voice assistant to let drivers remotely connect and control their SmartThings-powered smart gadgets.

Using natural language, such as “Hey Mercedes, did I forget to turn off my lights at home?” to “Hey Mercedes, is anyone at home?”, the MBUX Voice Assistant enables users to engage with their smart homes.”

Redirecting

thenextweb-com.webpkgcache.com

My opinion only but please read the whole article as AKIDA was probably the missing piece of Mercedes Puzzle so DYOR
FF

AKIDA BALLISTA

From little things big things grow:


Enhanced Samsung and Google integration will roll out next year.
"The partnership between Samsung and Google builds on multi-admin by “simplifying device sharing across apps and ecosystems on Android,” Jaeyeon Jung, corporate vice president and head of SmartThings’ mobile experience business at Samsung Electronics, told The Verge."

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Wallace]

---

Hi all,

Looks like HC have “forgotten” to post the BRN announcement today in their notifications. Two in two days was obviously too much for them… wonder who it is that is shorting?

Loving everyone’s work on here, I don’t post much but read everyday. Great to be a shareholder.

 

[Shoota02]

Sorry if posted!
Not only Brainchip still Employing brings a smile to see USA, Europe and Japan all needing roles filled..

 

[Fullmoonfever]

Given as per the original announcement of the JAST licence ~ 5 yrs ago that the terms weren't released, the other consideration on the licence would be that there was a predefined exclusivity timeframe with say, first option to purchase on expiry.

Glad they have formalised it either way.

 

[SharesForBrekky]

Sorry if posted!
Not only Brainchip still Employing brings a smile to see USA, Europe and Japan all needing roles filled..

Japan? Is Brainchip planning to set up an office in Japan? Interesting to see what Brainchip's plans are here.

 

[Fact Finder]

Japan? Is Brainchip planning to set up an office in Japan? Interesting to see what Brainchip's plans are here.

They probably need someone to work in the office/research centre set up by Sony and Prophesee.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Xray1]

They wouldn't buy that license unless....

1. They can afford to
2. There's revenue incoming
3.They see value in it which means big revenue incoming

Imo

Your figure of $250K is incorrect .... from the announcement BRN paid 250K Euro's which equals about $390,000.00 AUD

 

[Xray1]

Your figure of $250K is incorrect .... from the announcement BRN paid 250K Euro's which equals about $390,000.00 AUD

I note that the last 4C said that:

" BrainChip incurred $0.77M in third party licenses and hardware related to the development of next-generation Akida engineering samples."

So now that we know where $390,000 AUD ended up. I wonder what they purchased with the remaining $AUD 380,000 ??!!!

 

[SharesForBrekky]

They probably need someone to work in the office/research centre set up by Sony and Prophesee.

My opinion only DYOR
FF

AKIDA BALLISTA

Haha, must be a privilege for Sony & Prophesee to have Brainchip staff present in their offices.

 

[Space Cadet]

I note that the last 4C said that:

" BrainChip incurred $0.77M in third party licenses and hardware related to the development of next-generation Akida engineering samples."

So now that we know where $390,000 AUD ended up. I wonder what they purchased with the remaining $AUD 380,000 ??!!!

Without going and looking I think BRN report in $US.

SC

 

[buena suerte :-)]

I think our sp is going to go on a little run this afternoon

Yes Please ...

 

[Diogenese]

You can lead horses to water.............
Just watching again this presentation from Simon Thorpe in June 2019.
First noticed by me when put up by Uiux on the crapper 2 years ago.
Worth another look for anyone still grappling with the basics......

Thanks for the refresher Hoppy,

This slide is particularly important in the rate coding v rank coding debate and the backpropagation v feedforward debate.

D. Firing rate per se cannot be used during visual processing to code analog values with any real precision.

E. Coding of analog values could however be achieved by making use of the arrival times of spikes from different sources - the earliest arriving signals could be given priority (N-of-M coding)

Tragically, some of our competitors cling to rate coding.

Rate coding uses more computer operations and is thus slower and more power hungry. N-of-M coding provides a huge saving in computer operations, thus saving time and power.

G. Although feedback pathways between different layers are present, there may not be time to use them during normal visual processing.

This is because the minimum time to pass through the 10 layers of the visual recognition pathway in the brain is 1/10 seconds, which averages out at 1/100 seconds per layer (synapse/neuron), ie, backpropagation isn't used in object recognition in the brain.

Another tragedy for some of our competitors.

Backpropagation will slow the process and use more power because it requires more compute operations.

 

[Diogenese]

Japan? Is Brainchip planning to set up an office in Japan? Interesting to see what Brainchip's plans are here.

We are friends with MegaChips.

 

[Fact Finder]

We are friends with MegaChips.

You just cannot help yourself can you.