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VALEO STILL TRUSTS BRAINCHIP IN DECEMBER, 2022

In 2020 the following article appeared:


BrainChip signs joint development agreement for Akida neuromorphic chip with Valeo​

By
George Tchetvertakov
-
June 9, 2020
BrainChip Valeo ASX BRN develop next-generation AI autonomous vehicles driver assistance systems
BrainChip and Valeo plan to develop next-generation AI for autonomous vehicles and driver assistance systems.
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Artificial intelligence device company BrainChip Holdings (ASX: BRN) has taken an affirmative step towards integrating its Akida neuromorphic chip into autonomous vehicles after signing a binding joint development agreement with European automotive supplier Valeo Corporation.
The agreement means both companies will collaborate to develop a new wave of tech solutions based on artificial intelligence (AI) and reduced power consumption within the overarching theme of miniaturisation that’s taking the tech industry by storm.
According to BrainChip, the Akida chip is a neural networking processor that “brings artificial intelligence to the edge” above and beyond what existing technologies can do.

The company said its Akida solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities that include continuous learning and inference.
In April this year, BrainChip introduced its first event-based neural-network intellectual property and neuromorphic system-on-chip (SoC) device – the AKD1000 – which enables AI capability in edge AI systems at ultra-low power consumption.
Alongside AKD1000, the Akida neural processor represents the next generation of AI that canto overcome the limitations of legacy AI chips, which require too much power and bandwidth to handle the needs of today’s applications. Moreover, Akida is expected to move the technology forward in a significant leap, allowing AI to do more with less.
“Our AKD1000 is able to deliver the portability, connectivity and processing power needed for AI edge applications without retraining the entire network,” BrainChip chief development officer Anil Mankar said.

Development agreement​

This latest agreement between BrainChip and Valeo has been hailed as a validation of the company’s Akida device by a Tier-1 sensor supplier and “considered to be a significant development”, according to BrainChip.
In a statement to the market this morning, BrainChip said Valeo will utilise Akida and collaborate on the development of neural network processing solutions, for integration in autonomous vehicles (AVs).
The terms of the deal stipulate that both companies must reach specific performance milestones, with BrainChip stating it expects to receive payments to cover its expenses, subject to the completion of, as yet, undisclosed milestones.

The dawn of Akida​

As part of the ongoing design of driver assistance systems and AVs, the issue of timely data processing is paramount.
Accurate real-time data processing is essential for AVs to be deemed safe and reliable; however, the amount of data being generated continues to increase exponentially, thereby making efficient data processing elusive and problematic.
BrainChip is hoping to reconcile the need for greater processing ability with greater amounts of data by developing what it calls “neuromorphic” technology that can handle more data quicker while using less power than existing components.
Neuromorphic engineering was first developed by US scientist Carver Mead in the 1980s and refers to the use of very-large-scale integration (VLSI) systems containing electronic analogue circuits to mimic neuro-biological architectures present in the nervous system.
According to BrainChip, by combining the Akida neural network processor with sensors, the resulting system can achieve ultra-low power, minimum latency, maximum reliability and incremental learning.
“This is a major advancement over current architectures which require large amounts of data to be transmitted to a CPU or GPU, which has the burden of processing all data from all sensors and then combining the results to make a decision or retrain the network for new classifiers,” the company said.
Today’s news pushed BrainChip shares up by 36% to $0.12 per share in morning trade.”

And from the Brainchip website the following adopted and published article:


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AI player BrainChip on a roll; signs two contracts within a month
via KalkineMedia
Artificial Intelligence is expected to have a firm grip on the market in the upcoming future. A recent report published in May 2020 by the Australian Government highlighted that there is a variety of high-profile demonstrations of Artificial Intelligence and significant progress has been made in fields of self-driving cars, gameplaying machines and virtual assistant. Further, AI has had a considerable role to play in managing the current COVID-19 crisis.
During the last decade, there have been five vital areas where significant growth has been witnessed. These include:
  • Image understanding
  • Intelligent decision making
  • Artificial creativity
  • Natural Language Processing
  • physical automation
The scope of AI is not exhaustive. However, the above five regions have shown a significant change in the past ten years.
ASX-listed BrainChip Holdings Ltd (ASX:BRN) is one such technology company that is engaged in developing innovative neuromorphic processor that brings AI to the edge in a manner that is beyond the abilities of other neural network devices. The solution is high-speed, small, low power. It allows a broad range of edge abilities comprising continual learning, local training, and interpretation.
BRN, during April 2020, introduced its AKD1000 to spectators at the Processor Virtual Conference by the Linley Group. The AKD1000’s neural processor is capable of running a normal Convolutional neural network by transforming it into event-based, letting it to execute incremental learning and transfer it on a chip.
CNN or Convolutional neural network is a type of deep neural network used for analysing images. These have specially designed architecture that makes them comparatively easy to train, even for relatively deep networks.
After the introduction of AKD1000, BrainChip has recently signed two agreements, post which the Company noted a significant improvement in its share price in the past couple of weeks. BRN shares, which settled at A$0.058 on 22 May 2020 reached A$0.120 on 9 June 2020, representing a growth of ~106.9%.
On 9 June 2020, the share price skyrocketed after the release of the Company’s announcement related to its Joint agreement with Valeo Corporation. The stock settled at A$0.110 on 10 June 2020, down 8.333%.
Let us look at the two recent deals signed by the Company that led to the stock rally.
Joint Agreement with Tier-1 Automotive Supplier
On 8 June 2020, Brainchip Holdings Ltd entered a joint development pact using BRN’s Akida neuromorphic SoC with Valeo Corporation, a Tier-1 European automotive supplier of sensors as well as systems for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV).
Under the agreement, certain performance milestones & payments that are anticipated to include the Company’s expenditures. The term of the deal is specified by the accomplishment of performance goals & the accessibility of the Akida devices. Each party has the option to end the agreement for convenience with specific notification.
The confirmation of the Company’s Akida device by a Tier-1 supplier of sensors & systems to the automotive industry is believed to be significant progress.
In ADAS & AV applications, the real-time processing of data is vital for security as well as dependability of the autonomous systems. From the automotive industry, the suppliers, as well as the manufacturers, have acknowledged that the advanced & highly efficient neuromorphic nature of the Akida SoC makes it ideally fit to process data at the “Edge” for their advanced system solutions.
With the integration of the Akida neural network processor with sensors, the subsequent system can attain ultra-low power, min. latency, max. reliability & incremental learning.
The Akida neural processor’s game-changing high performance & ultra-low power utilisation allows smart sensor combination by resolving power and footprint difficulties for a range of sensor technologies. Further, it consumes less power than alternative AI solutions and simultaneously maintaining the necessary performance as well as accuracy in a fraction of the physical space.
Agreement with Ford Motor Company for the Evaluation of AkidaTM Neural Processor
On 24 May 2020, the Company signed a joint agreement with Detroit-based Company for evaluation of the Akida neural network System-on-Chip for Advanced Driver Assistance Systems & Autonomous Vehicle applications.
The evaluation agreement was binding on execution which was signed into with Ford Motor Company and is not the subject of a fixed term. The deal is based upon a partnership to assess Akida as it relates to the automotive industry & payments under the agreement proposed to cover related expenses and received periodically during the evaluation process.
Akida NSoC has an advanced and highly efficient neuromorphic nature, and the partners in the collaboration have also realised that these features provide a broad range of potential solutions to complex problems such as driver behaviour assessments and real-time object detection.
The Akida NSoC exemplifies ground-breaking Neural Processing computing tools for Edge AI systems and gadgets. Each Akida NSoC has 10 billion synapses and 1.2 million neurons, demonstrating orders of magnitude improved effectiveness than other neural processing devices available.
The unique combination of meagre power, high performance and on-chip learning enables for real-time processing at the sensor along with continuous learning. The objective is to facilitate personalisation of every driver’s understanding in real time & constant updates to the system with the change in the environmental conditions”

Leaving all speculation to one side the known FACTS make clear that two and a half years after the Agreement was entered with Valeo Brainchip AKIDA is being described by Edge Impulse as Science Fiction, Mercedes Benz is shouting its advantages, Prophesee is captivated, Nviso is excited, ARM and Intel have partnered and ISL has been awarded by the US Airforce and Valeo trusts Brainchip so as there has been no required ASX announcement it is the case that Brainchip has made every ‘specific performance milestone.’

Now for good measure throw in the dots and speculation and you should all be having a Big Kev moment.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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Yes it was definitely removed from the video as I watched it live and it was so obvious that both of the Valeo CTO were caught off gaurd and the both looked at each other in astonishment as the question was asked are Valeo using brainchip IP.
Big green tick 👌
It's a damned if you or damn if you don't choice in removing that part of the footage. I suppose a lot more people would have viewed the presentation after the fact, but for those who saw it live and who at least have a couple of working neurons and synapses would know what's going on..
 
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View attachment 24769
What’s with Robert Mitro claiming to be co founder, chairman and CEO of Brainchip? Am I missing something here 🤡
Yes the word ‘Emeritus’ meaning past or retired. Robert Mitro was a friend and business associate of Peter van der Made and he remains one of the three largest shareholders. He assisted Peter van der Made with the business end of gaining funding and the reverse takeover to list Brainchip and eventually due to health issues stepped down as CEO.

He attended last years AGM from the USA as he did pre Covid and by chance I and another shareholder had lunch with him afterwards.

He spoke in glowing terms of the new CEO Sean Hehir and as he always has continuously praised Peter van der Made’s genius.
My opinion only DYOR
FF

AKIDA BALLISTA
 
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FJ-215

Regular
Yes the word ‘Emeritus’ meaning past or retired. Robert Mitro was a friend and business associate of Peter van der Made and he remains one of the three largest shareholders. He assisted Peter van der Made with the business end of gaining funding and the reverse takeover to list Brainchip and eventually due to health issues stepped down as CEO.

He attended last years AGM from the USA as he did pre Covid and by chance I and another shareholder had lunch with him afterwards.

He spoke in glowing terms of the new CEO Sean Hehir and as he always has continuously praised Peter van der Made’s genius.
My opinion only DYOR
FF

AKIDA BALLISTA
Love that talk he gave, was it 2019? RM stole the floor. So Good.
 
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I was lucky enough to watch it live.

Absolute Gold!!!

When that question dropped they looked at each other like a couple of naughty school boys. IIRC Clement (right of screen) recovered and reaffirmed that their tech was all developed in house but then blurted out that if they were using any third party tech they would disclose it at a later time (words to that effect)
I have to say I am getting pretty darn excited again about this investment here. We are on the cusp of a new chapter with brainchip one filled with awe, amazement, much joy and happiness and of course a shitload of extra profit coming our way.
 
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I know Samsung has been spoken about at various times but I hadn't actually seen a direct neuromorphic study or reference by them till now.

Maybe has been posted before(?) or not.

They have their R&D division I just found...SAIT.

Here I found one section which clearly spells out essentially what we can offer them quite quickly for testing etc.

I wonder.


Screenshot_2022-12-18-21-37-06-26_4641ebc0df1485bf6b47ebd018b5ee76.jpg
 
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JK200SX

Regular
Interesting. MarketingMan has only had 2 posts on this forum, and he last visited 3rd March. Yet his one post was bang on the money and would make Nostradamus very happy.

I wonder if MarketingMan is someone, lets just say someone who is actually in the business of marketing our beloved AKIDA? :)

1671373278681.png
 
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AusEire

Founding Member.
When I talk about Brainchip at home all I get is Brainfarts in return
If it's any consolation, my wife thinks I'm part of a cult because I talk so much about Brainchip 😂😂
 
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D

Deleted member 118

Guest
 
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D

Deleted member 118

Guest
If it's any consolation, my wife thinks I'm part of a cult because I talk so much about Brainchip 😂😂
 
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AusEire

Founding Member.
I'll be watching out for a flying green baby from 40k ft this morning. It'll be my only indicator that the day is going well 🤪😂

Happy Christmas all.
I'll enjoy a pint or six for you all while at home in Ireland.

Akida Ballista baby 🔥🔥
 
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Gies

Regular
I'll be watching out for a flying green baby from 40k ft this morning. It'll be my only indicator that the day is going well 🤪😂

Happy Christmas all.
I'll enjoy a pint or six for while at home in Ireland.

Akida Ballista baby 🔥🔥
I'll be watching out for a flying green baby from 40k ft this morning. It'll be my only indicator that the day is going well 🤪😂

Happy Christmas all.
I'll enjoy a pint or six for while at home in Ireland.

Akida Ballista baby 🔥🔥
66D59D3F-7743-4409-A256-A5B992783BF9.jpeg
 
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Esq.111

Fascinatingly Intuitive.
Good Morning Chippers,

Feeling good about today.

Australia, America & Europe have had time to digest and quantify all the great news last week.

Wooo hooo.

Regards,
Esq.
 
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IloveLamp

Top 20
GREAT FIND GENEROUSLY SHARED Mt09 MANY THANKS.

So Renesas in a sign of deep and long term commitment to Brainchip’s AKIDA Technology specifically acquire the tools to support AKIDA:

“Renesas Electronics is to acquire US startup Reality Analytics Inc. (Reality AI) for its embedded edge AI tools in an all-cash transaction”

As a result as Anil Mankar has mentioned many times Renesas is tapping out a 22nm chip via a third party foundry with the intention to test the market at 40nm and above in house depending on market demand:

“Our next move is to more advanced technology nodes to push the microcontrollers into the gigahertz regime and that’s where the is overlap with microprocessors. The way I look at it is all about the system performance.”


“Now you have accelerators for driving AI with neural processing units rather than a dual core CPU. We are working with a third party taping out a device in December on 22nm CMOS,” said Chittipeddi.

Brainchip and Renesas signed a deal in December 2020 to implement the spiking neural network technology. Tools are vital for this new area. “The partner gives us the training tools that are needed,”

So the journey to every sensor being made intelligent continues.

My opinion only DYOR
FF

AKIDA BALLISTA
Nikkei Asia: TSMC fab in Japan at center of Sony's image sensor kingdom.

The move is just the first step in Sony's grand plan to bolster output of CMOS image sensors across Kyushu. At the group's Nagasaki facility, a fab that just opened last year is already undergoing a second expansion to bring additional facilities online as early as next year.

Sony also operates chip plants in Oita and Kagoshima prefectures, also in Kyushu.

This production network will rely on logic chips from TSMC's new fab, slated to begin full production in 2025 and to be run by a joint venture with Sony and Denso.

With the smartphone market having peaked in 2016 and 2017, and many consumers having upgraded to 5G handsets, demand for sensors in phones may slow, forcing Sony to cultivate new buyers for sensors.

The planned plant is expected to churn out sensors for smartphones, but it may have to start producing sensors for autonomous driving and factory automation applications down the road.

On top of this, setting up local infrastructure such as housing and schools for employees and their families will be important, as is talent acquisition.

Japan's chip sector fell behind foreign rivals after failing to keep investing in the development of next-generation products in the 2010s. But the global supply chain crises brought on by the pandemic has built momentum for a domestic revival with the newly formed Rapidus, a government-backed chipmaker set up by such top companies as NEC, Toyota Motor and Sony.

How public-private efforts can develop Kyushu into Japan's "Silicon Island" will hold the key to whether the country's much-anticipated chip-industry renaissance will materialize
 
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Hi @Gies

Are you showing us how they make Heineken or that celebrating drunk German Brainchip shareholders are leaving beer bottles all over the ski fields. 😂🤣😂🤡🤣😂

Merry Christmas.

Regards
FF

AKIDA BALLISTA
 
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Hi
I know Samsung has been spoken about at various times but I hadn't actually seen a direct neuromorphic study or reference by them till now.

Maybe has been posted before(?) or not.

They have their R&D division I just found...SAIT.

Here I found one section which clearly spells out essentially what we can offer them quite quickly for testing etc.

I wonder.


View attachment 24778
@Fullmoonfever

Over at the other place in 2020/21 after the CEO said a large Sth Korean technology company was extensively testing AKIDA I proposed it was Samsung because at that time they were the only ones who had a unit as you have referenced above with back then over 100 engineers devoted to neuromorphic research.

Then fuel was added to this when Anil Mankar publicly thanked Samsung for lending Brainchip a DVS camera for research purposes and then Samsung white goods appeared in Brainchip promotional videos.

I personally believe Samsung will eventually be revealed as a customer and would have been by now but for the imprisonment of their CEO by a corrupt government who were trying to takeover Samsung. They were forced to release him and put him back in charge after Samsung employees basically went on what we would call a go slow.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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IloveLamp

Top 20
Screenshot_20221219_081928_LinkedIn.jpg
Screenshot_20221219_081918_LinkedIn.jpg
 
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Deadpool

Did someone say KFC
Nearly had a coronary episode when I saw this headline.
Obviously not us but just maybe we might have some collaboration??
Another fine example of an Aussie company kicking ass.

 
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How about a little nostalgia:

“As a leading provider of ASICs worldwide, we are pleased to offer our customers advanced technologies driving new innovations,” said Noriaki Kubo, Corporate Executive Vice President of Socionext Inc. “The Akida family of products allows us to stay at the forefront of the burgeoning AI market. BrainChip and Socionext have successfully collaborated on the Akida IC development and together, we aim to commercialize this product family and support our increasingly diverse customer base.”


My opinion only DYOR
FF

AKIDA BALLISTA
 
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