BRN Discussion Ongoing

[Slymeat]

The words or word 'BrainChip' will be ubiquitous in the press as the whiff of Musk blows across all media outlets.

Musk says brain chip to begin human trials soon – and plans to get one himself

World’s richest man says human trials will begin within six months during presentation at health tech company Neuralink

www.theguardian.com

But I fear Musk’s chip, that is implanted into the brain, being referred to as a “brain chip” will have negative connotations to BrainChip as people mistakenly associate the two. And being ubiquitous will be bad! That’s why I am so happy that our marketing is using Akida pretty much all the time now.

 

[Vojnovic]

But I fear Musk’s chip, that is implanted into the brain, being referred to as a “brain chip” will have negative connotations to BrainChip as people mistakenly associate the two. And being ubiquitous will be bad! That’s why I am so happy that our marketing is using Akida pretty much all the time now.

Yes, even now when you enter "Brainchip" into the search engine, you have to sift through a sea of dystopian posts about "Brain Chip". Hence why I always start my searches in Google with "Brainchip -elon -neuralink".
Not to mention how confusing it would get if Elon incorporated our Brainchip into his Brain Chip... or how frightening the prospect of a monkey uprising!

 

[Mugen74]

A scary thought

 

[Diogenese]

A little distraction from BRN but still in the Edge AI sphere.
IMO I think we should dig into whatever patents they claim have to see if there are any infringements against BRN

A press release by Atlazo in Jan 2021 reads:

Atlazo Launches the World's First Edge AI System-On-Chip (SoC) for Tiny Devices​

Atlazo Launches the World's First Edge AI System-On-Chip (SoC) for Tiny Devices

/PRNewswire/ -- Atlazo, Inc. today announced the launch of its first-generation AI SoC, AZ-N1, for smart tiny devices. The device is industry's first fully...

www.prnewswire.com

Skip forward to August 2022 and the news headline reads:

Four Charged with $150 Million Fraud on San Diego Technology Company​

Four Charged with $150 Million Fraud on San Diego Technology Company

www.justice.gov

Atlazo :
US11488002B2 Binary neural network accelerator engine methods and systems

Disclosed are methods, apparatus and systems for a binary neural network accelerator engine. One example circuit is designed to perform a multiply-and-accumulate (MAC) operation using logic circuits that include a first set of exclusive nor (XNOR) gates to generate a product vector based on a bit-wise XNOR operation two vectors. The result is folded and operated on by another set of logic circuits that provide an output for a series of adder circuits. The MAC circuit can be implemented as part of binary neural network at a small footprint to effect power and cost savings.

An XNOR gate is an "all or nothing" two-input device.
Its output is "1" if both inputs are "1" or if both inputs are "0".
If one input is "1" and the other input is "0", the output is "0".

 

[MrNick]

But I fear Musk’s chip, that is implanted into the brain, being referred to as a “brain chip” will have negative connotations to BrainChip as people mistakenly associate the two. And being ubiquitous will be bad! That’s why I am so happy that our marketing is using Akida pretty much all the time now.

Agreed, he won't be able to use our company name as it stands due to IP conflicts. Agree again, 'Akida' is the key USP. The utter cynic in me has even contemplated him buying the business to eleviate the naming conflict and be able to 'own' the terminology 'brainchip'. He's a loose canon and they often fly off at maverick directions to enable and support their professional domination. Either way, we've been around for a long time and we know where our technology is heading, so he may have to engage a few brain cells to swerve the ubiquitous choice of industry going forward. Finally, I really don't like the idea of one of his few remaining colleagues getting hold an Akida dev kit... the connotations and repercussions for BC could be detrimental.

 

[Quercuskid]

Announcement but not what we were after

 

[Quercuskid]

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Brainchip Holdings Ltd ABN 64 151 159 812
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Appendix 3Y Change of Director’s Interest Notice
Appendix 3Y Change of Director’s Interest Notice
Rule 3.19A.2
Name of Director Sean Hehir
Date of last notice 30 November 2022
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct and Indirect
Mr Hehir is a beneficial holder of shares on
01 December 2022
Fully Paid Ordinary Shares
Nil.
917,025 Fully Paid Ordinary Shares Between $0.725 and $0.765 per trade.
Appendix 3Y Page 1
Direct or indirect interest
Date of change
Class
Number acquired Number disposed
+ See chapter 19 for defined terms. 01/01/2011
Nature of indirect interest
Note: Provide details of the circumstances giving rise to the relevant interest.
(including registered holder)
vesting under the Company’s Employee Share Plan Trust.
No. of securities held prior to change
2,000,000
Fully Paid Ordinary Shares
5,081,730
Restricted Stock Units
Note: If consideration is non-cash, provide details and estimated valuation
Value/Consideration

Appendix 3Y
Change of Director’s Interest Notice
On market sale for the purpose of meeting
No. of securities held after change
1,082,975
Fully Paid Ordinary Shares
5,081,730
Restricted Stock Units
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back
Nature of change
taxation obligation as a result of previous vesting of RSUs
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
Detail of contract N/A Nature of interest N/A
Name of registered holder N/A (if issued securities)
Date of change N/A N/A
No. and class of securities to which
Note: Details are only required for a contract in relation to which the interest has changed
interest related prior to change
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A Part 3 – +Closed period
Were the interests in the securities or contracts detailed N/A above traded during a +closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade N/A to proceed during this period?
If prior written clearance was provided, on what date was this N/A provided?
+ See chapter 19 for defined terms. Appendix 3Y Page 2
01/01/2011

 

[FrederikSchack]

https://www.google.com/amp/s/www.sc...-objects-in-the-sky-and-its-a-big-problem/amp

Sorry if already posted, saying BlueWalker 3 a recently launched satellite is now one of the brightest objects in the sky, which means that all but the brightest stars can now be outshone by the satellite's glare, according to the International Astronomical Union Center for the Protection of the Dark and Quiet Sky from Satellite Constellation Interference (IAU CPS). 'It's like exactly what astronomers don't want" astronomer Meredith Rawls, from the University of Washington in Seattle, told Science. 'It'll show up as a super bright streak in images and potentially saturate camera detectors at observatories."

Could Prophesee and Akida solve this issue?

BlueWalker 3, that´s AST SpaceMobile... Ok, not currently invested in them, I want to get closer to commercialization, but this could be a show stopper (either loss of license or light pollution).

 

[mkm109]

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Brainchip Holdings Ltd ABN 64 151 159 812
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Appendix 3Y Change of Director’s Interest Notice
Appendix 3Y Change of Director’s Interest Notice
Rule 3.19A.2
Name of Director Sean Hehir
Date of last notice 30 November 2022
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct and Indirect
Mr Hehir is a beneficial holder of shares on
01 December 2022
Fully Paid Ordinary Shares
Nil.
917,025 Fully Paid Ordinary Shares Between $0.725 and $0.765 per trade.
Appendix 3Y Page 1
Direct or indirect interest
Date of change
Class
Number acquired Number disposed
+ See chapter 19 for defined terms. 01/01/2011
Nature of indirect interest
Note: Provide details of the circumstances giving rise to the relevant interest.
(including registered holder)
vesting under the Company’s Employee Share Plan Trust.
No. of securities held prior to change
2,000,000
Fully Paid Ordinary Shares
5,081,730
Restricted Stock Units
Note: If consideration is non-cash, provide details and estimated valuation
Value/Consideration

Appendix 3Y
Change of Director’s Interest Notice
On market sale for the purpose of meeting
No. of securities held after change
1,082,975
Fully Paid Ordinary Shares
5,081,730
Restricted Stock Units
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back
Nature of change
taxation obligation as a result of previous vesting of RSUs
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
Detail of contract N/A Nature of interest N/A
Name of registered holder N/A (if issued securities)
Date of change N/A N/A
No. and class of securities to which
Note: Details are only required for a contract in relation to which the interest has changed
interest related prior to change
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A Part 3 – +Closed period
Were the interests in the securities or contracts detailed N/A above traded during a +closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade N/A to proceed during this period?
If prior written clearance was provided, on what date was this N/A provided?
+ See chapter 19 for defined terms. Appendix 3Y Page 2
01/01/2011

“
Nature of change
taxation obligation as a result of previous vesting of RSUs” BRN sold 900k+ shares to cover tax implications of the 2000k shares

 

[alwaysgreen]

Looking forward to the MF article...

Why the Brainchip CEO is selling out!

It's no coincidence that Motley Fool and Mother Fuckers have the same initials.

 

[MrNick]

“
Nature of change
taxation obligation as a result of previous vesting of RSUs” BRN sold 900k+ shares to cover tax implications of the 2000k shares

It's a good job the 1000 eyes have their brainchips in this morning. MF'ers getting fake news as per...

 

[HopalongPetrovski]

Announcement but not what we were after

"On market sale for the purpose of meeting taxation obligation as a result of previous vesting of RSUs"

Nothing to be sad about.
We knew this was coming.
Nothing to see here, just a bit of ordinary housekeeping.

 

[MrNick]

"On market sale for the purpose of meeting taxation obligation as a result of previous vesting of RSUs"

Nothing to be sad about.
We knew this was coming.
Nothing to see here, just a bit of ordinary housekeeping.

 

[Fact Finder]

Yes, even now when you enter "Brainchip" into the search engine, you have to sift through a sea of dystopian posts about "Brain Chip". Hence why I always start my searches in Google with "Brainchip -elon -neuralink".
Not to mention how confusing it would get if Elon incorporated our Brainchip into his Brain Chip... or how frightening the prospect of a monkey uprising!

I have not been experiencing this problem. I thought would try a Google search and it took 7 pages of Brainchip entries before the first Musk one popped up. Must be the way I type. Anyway the exercise was not wasted as I found the following link which is now one to be kept an eye on by the 1,000 eyes in case anything interesting comes up covering heavy rail and Loyal Wingman in the future:

BrainChip - Advanced Manufacturing Growth Centre​

https://www.amgc.org.au › members › brainchip


The Akida™ neuromorphic processor from BrainChip is a versatile neuromorphic processor chip that can be used in a vast variety of sensor classification"

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fullmoonfever]

Looking forward to the MF article...

Why the Brainchip CEO is selling out!

It's no coincidence that Motley Fool and Mother Fuckers have the same initials.

Apparently at least some "Fools" are long on BRN.

They disclose no supposed short positions on the Co.

Global / US site:

The Motley Fool

The Motley Fool provides leading insight and analysis about stocks, helping investors stay informed.

www.fool.com

Other Positions Held by 10 or Fewer Fools

Aus site:

Fool Disclosure - ASX

www.fool.com.au

Other Long Positions Held by 2 or Fewer Fools

 

[FrederikSchack]

I stumbled upon this article explaining neuromorphic AI:
"Combined with the high costs and complexity of the technology, the accuracy issue leads many to prefer traditional software."

"Neuromorphic computing software has not caught up with the hardware."

"Neuromorphic computers aren't available to nonexperts. Software developers have not yet created application programming interfaces, programming models and languages to make neuromorphic computers more widely available."

So I felt compelled to write to the guy:

Dear Nick Barney,


It´s always nice to see somebody explaining neuromorphic computing and I think it´s very relevant. Conventional AI models are hitting a brick wall of exponential increasing needs of processing power, that neuromorphic computing can solve. Also considering our environment, neuromorphic computing is a much more future proof solution.


I believe that you´re not aware of a fully working and commercially available neuromorphic chip called Akida from Brainchip. It has a working IDE and can accept existing DNN models. There´s even an Akida 2 on the horizon.


It will be sold primarily as IP licenses for a few dollars for a complete chip and can be licensed as IP blocks for individual parts of the design, but can also be purchased as a a PCIe board, a Shuttle computer or a Raspberry Pi kit:

Akida™ PCIe Board

Specifications ARM Cortex-M4 32-bit 300MHz (Subblock of Akida) RAM: 256M x 16 bytes LPDDR4 SDRAM @ 2400MT/s FLASH: Quad SPI 128Mb NOR 12.5MHz Onboard Akida core current monitor Operates under Linux on arch or x 86-64 architectures Installation and Bringup GPIO: 2 LED's Interfaces: 5GT/s PCI...

shop.brainchipinc.com

Akida™ Development Kit - Raspberry Pi

Specifications SoC: Broadcom BCM2711C0 quad-core ARM Cortex-A72 (ARMv8-A) 64-bit @ 1.5GHz GPU: Broadcom VideoCore VI RAM: 1GB, 2GB, 4GB, or 8GB LPDDR4 SDRAM Networking: GB Ethernet and Optional WI-FI Includes Akida on PCle Board installed in the development kit Includes Meta TF Software...

shop.brainchipinc.com

Akida™ Development Kit - Shuttle PC

Specifications Storage – SATA / M.2 1x 2.5" bay for SATA hard disk or SSD, max. 9.5 mm 1x M.2-2280M slot (supports PCIe x4 NVMe or SATA) 1x M.2-2230AE for an optional WLAN card Connectors HDMI 2.0a D-Sub VGA 4x USB 3.2 Gen1 4x USB 2.0 1x USB 2.0 internal USB stick 2x audio (line out, mic) Intel...

shop.brainchipinc.com

Further amongst the very compelling advantages of Akida is the one-shot-learning on device, I´m not aware of any other system that can do this.


Brainchip contracts with MegaChips and Rensas, further they are recently incorporated into the ARM ecosystem. It´s already integrated into several prototypes, one of them is the new Mercedes Vision EQXX, but you can study the included chart.


So neuromorphic computing is in production, available, powerful and being adopted by the market place.


Best regards,
Frederik Grøn Schack

 

[Vojnovic]

I have not been experiencing this problem. I thought would try a Google search and it took 7 pages of Brainchip entries before the first Musk one popped up. Must be the way I type. Anyway the exercise was not wasted as I found the following link which is now one to be kept an eye on by the 1,000 eyes in case anything interesting comes up covering heavy rail and Loyal Wingman in the future:

BrainChip - Advanced Manufacturing Growth Centre​

https://www.amgc.org.au › members › brainchip


The Akida™ neuromorphic processor from BrainChip is a versatile neuromorphic processor chip that can be used in a vast variety of sensor classification"

My opinion only DYOR
FF

AKIDA BALLISTA

It does if you filter by "past hour". Then, all you see is monkeys.
Glad to hear it wasn't a wasted exercise - a great find indeed! Coincidentally, I was just working on the IP section in an MoU that talked about "Serendipitous Discovery"

 

[Xhosa12345]

Looking forward to the MF article...

Why the Brainchip CEO is selling out!

It's no coincidence that Motley Fool and Mother Fuckers have the same initials.

Yeah only thing ill say is (my understanding) tax on this isnt due on this until 2023 tax return, payable likely may 2024. So he has sold the tax amount to put aside the cash until that time.

As he us taxed on the value at the time of conversion, he sold the shares to cover the tax at the same prices. This is an astute and conservative way to do it.

If he thought share price was going to fly he could have sold less shares later to get the same cash....around the time his tax is due.

All imo and assuming he is australian tax resident. If hes not, then different rules would apply which may explain why he has to pay the tax now.

Of course if he thought share price was going to tank he couldve turfed the lot.... which is also important

 

[Space Cadet]

I have not been experiencing this problem. I thought would try a Google search and it took 7 pages of Brainchip entries before the first Musk one popped up. Must be the way I type. Anyway the exercise was not wasted as I found the following link which is now one to be kept an eye on by the 1,000 eyes in case anything interesting comes up covering heavy rail and Loyal Wingman in the future:

BrainChip - Advanced Manufacturing Growth Centre​

https://www.amgc.org.au › members › brainchip


The Akida™ neuromorphic processor from BrainChip is a versatile neuromorphic processor chip that can be used in a vast variety of sensor classification"

My opinion only DYOR
FF

AKIDA BALLISTA

US looking closely at Loyal wingman. Decision not far off.

https://www.aero-mag.com/mq-28-next-generation-air-dominance-24082022

SC

 

[alwaysgreen]

I stumbled upon this article explaining neuromorphic AI:
"Combined with the high costs and complexity of the technology, the accuracy issue leads many to prefer traditional software."

"Neuromorphic computing software has not caught up with the hardware."

"Neuromorphic computers aren't available to nonexperts. Software developers have not yet created application programming interfaces, programming models and languages to make neuromorphic computers more widely available."

So I felt compelled to write to the guy:

Dear Nick Barney,


It´s always nice to see somebody explaining neuromorphic computing and I think it´s very relevant. Conventional AI models are hitting a brick wall of exponential increasing needs of processing power, that neuromorphic computing can solve. Also considering our environment, neuromorphic computing is a much more future proof solution.


I believe that you´re not aware of a fully working and commercially available neuromorphic chip called Akida from Brainchip. It has a working IDE and can accept existing DNN models. There´s even an Akida 2 on the horizon.


It will be sold primarily as IP licenses for a few dollars for a complete chip and can be licensed as IP blocks for individual parts of the design, but can also be purchased as a a PCIe board, a Shuttle computer or a Raspberry Pi kit:

Akida™ PCIe Board

Specifications ARM Cortex-M4 32-bit 300MHz (Subblock of Akida) RAM: 256M x 16 bytes LPDDR4 SDRAM @ 2400MT/s FLASH: Quad SPI 128Mb NOR 12.5MHz Onboard Akida core current monitor Operates under Linux on arch or x 86-64 architectures Installation and Bringup GPIO: 2 LED's Interfaces: 5GT/s PCI...

shop.brainchipinc.com

Akida™ Development Kit - Raspberry Pi

Specifications SoC: Broadcom BCM2711C0 quad-core ARM Cortex-A72 (ARMv8-A) 64-bit @ 1.5GHz GPU: Broadcom VideoCore VI RAM: 1GB, 2GB, 4GB, or 8GB LPDDR4 SDRAM Networking: GB Ethernet and Optional WI-FI Includes Akida on PCle Board installed in the development kit Includes Meta TF Software...

shop.brainchipinc.com

Akida™ Development Kit - Shuttle PC

Specifications Storage – SATA / M.2 1x 2.5" bay for SATA hard disk or SSD, max. 9.5 mm 1x M.2-2280M slot (supports PCIe x4 NVMe or SATA) 1x M.2-2230AE for an optional WLAN card Connectors HDMI 2.0a D-Sub VGA 4x USB 3.2 Gen1 4x USB 2.0 1x USB 2.0 internal USB stick 2x audio (line out, mic) Intel...

shop.brainchipinc.com

Further amongst the very compelling advantages of Akida is the one-shot-learning on device, I´m not aware of any other system that can do this.


Brainchip contracts with MegaChips and Rensas, further they are recently incorporated into the ARM ecosystem. It´s already integrated into several prototypes, one of them is the new Mercedes Vision EQXX, but you can study the included chart.


So neuromorphic computing is in production, available, powerful and being adopted by the market place.


Best regards,
Frederik Grøn Schack

Will be interesting to see his response.