BRN Discussion Ongoing

[Learning]

Can't wait for the Podcast.

Jean-Luc Chatelain on LinkedIn: BrainChip Talks AI Innovation with Accenture’s Managing Director and…

As I mentioned in this podcast, I strongly believe that a neuromorphic approach to AI acceleration will be transformative especially in embedded environments…

www.linkedin.com

Learning 🏖

 

[Taproot]

A couple of FACTS to ponder:

1.
Market cap: $77.87 Billion
As of January 2023 Mercedes-Benz has a market cap of $77.87 Billion. This makes Mercedes-Benz the world's 175th most valuable company by market cap according to our data

Mercedes Benz issued a press release saying they were working with Brainchip. Brainchip has published that press release on their website.


2.
ARM is owned by Japanese conglomerate Softbank, who's portfolio also includes 400 other companies, such as office-sharing firm WeWork, Uber-competitor Grab and used-car company Auto1. The company has a total market cap of $76.61 billion as of March 2022, making it among the top 200 most valuable companies worldwide.30 June 2022
View attachment 26710
https://www.cityindex.com › en-uk

ARM IPO: Everything you need to know about ARM - City Index​

ARM announced via a press release by Brainchip and is extensively covered on ARM partner website. ​

3.

Market capitalization of Intel (INTC)​

Market cap: $121.49 Billion​

As of January 2023 Intel has a market cap of $121.49 Billion. This makes Intel the world's 109th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth

INTEL announced via a press release by Brainchip and the relationship is documented on Intel’s website.

All of the above were not announced on the ASX. All three have no quantifiable economic consequence allowing an announcement on the ASX.

The engagements with ARM and Intel have greater economic potential by a significant margin than the relationship with Mercedes Benz.

In addition to the above at least Renesas, Socionext, VVDN, Prophesee and Nviso are promoting AKIDA technology powered products at CES 2023.

If you have done your own research you will be aware of much more including the quality of people around the globe joining Brainchip and the things like the University program uptake.

If it had been that since Mercedes Benz CES2022 nothing had happened at all there would likely be reasonable cause for complaint.

Clearly and transparently that however is far from the situation that shareholders are presented with today.

To suggest that there is more bad news coming when there has not been objectively any bad news is a blatant untruth.

If there has been any bad news in the last month it was that Rise’s furry friend was unwell but even there that had a happy ending.

I read someone here making a joke of the idea there is manipulation well this is straight from the HC play book. There is no manipulation. Do you really think anything I say here will affect the price. You all know how it works and yet you let these fleas in to play their mind games and erode your confidence.

Quite frankly if you cannot see what amazing progress has been made in the last 12 months because you are fixated on the day to day manipulated share price you should not be investing in the stock market.

My opinion only DYOR
FF

AKIDA BALLISTA

PS: I cannot turn off the Bold type so do not think I am shouting I am extremely calm but also extremely disappointed that the once strong community here has allowed these fleas to take up residence and flourish.

Accenture (ACN) - Market capitalization

As of June 2024 Accenture has a market cap of $192.32 Billion. This makes Accenture the world's 62th most valuable company according to our data.

companiesmarketcap.com

Over the past few days has gone up to 181B

 

[alwaysgreen]

Just for some perspective for those who do not know the difference between good news which is Brainchip and bad news which is not Brainchip.

Yesterday other grandparents we know shared that their little ailing granddaughter of 12 months had been finally diagnosed with Cockaynes Syndrome:

Cockayne Syndrome: Symptoms, Treatment & Outlook

Cockayne syndrome is a rare genetic disorder that causes premature aging, sensitivity to light and dwarfism. Symptoms vary and can affect multiple body systems.

my.clevelandclinic.org

This is what bad news looks like.

My opinion only DYOR
FF

AKIDA BALLISTA

This is terrible and my sincere condolences' to the family. There is nothing worse for a family than seeing a child battle a serious health issue. I know from experience.

In saying that, this a stock forum. By definition this is a place for people to express their opinions on the stock of a company that they own. People are able to express their disappointment when their stock prices go down. They are not terrible people for doing so. They are allowed to be both disappointed at their capital being reduced and can still have empathy for others. They shouldn't be made to feel inadequate for posting their opinion on the company and the share price value.

 

[Taproot]

Accenture (ACN) - Market capitalization

As of June 2024 Accenture has a market cap of $192.32 Billion. This makes Accenture the world's 62th most valuable company according to our data.

companiesmarketcap.com

Over the past few days has gone up to 181B

If Accenture decide that Brainchip is the "go to" for neuromorphic computing, then we will have hit the Gravy Train Motherlode !!

 

[TechGirl]

Just for some perspective for those who do not know the difference between good news which is Brainchip and bad news which is not Brainchip.

Yesterday other grandparents we know shared that their little ailing granddaughter of 12 months had been finally diagnosed with Cockaynes Syndrome:

Cockayne Syndrome: Symptoms, Treatment & Outlook

Cockayne syndrome is a rare genetic disorder that causes premature aging, sensitivity to light and dwarfism. Symptoms vary and can affect multiple body systems.

my.clevelandclinic.org

This is what bad news looks like.

My opinion only DYOR
FF

AKIDA BALLISTA

Couldn’t agree more FF and sorry to hear that very sad news

About 3 weeks ago I went to my Aunts funeral she was 68, 1 year ago she found out her breast cancer was back, she was very loving and caring and we all miss her

And on Christmas Day my beautiful cousin was rushed to surgery to have 3/4 of her bowel removed as they discovered she had cancer now she has to get well before she can start chemotherapy, she is 40 with 2 kids and a very loving husband, she was due to go on holidays on Boxing Day and just like that her whole life changed

This is what bad news looks like

 

[Pmel]

This is terrible and my sincere condolences' to the family. There is nothing worse for a family than seeing a child battle a serious health issue. I know from experience.

In saying that, this a stock forum. By definition this is a place for people to express their opinions on the stock of a company that they own. People are able to express their disappointment when their stock prices go down. They are not terrible people for doing so. They are allowed to be both disappointed at their capital being reduced and can still have empathy for others. They shouldn't be made to feel inadequate for posting their opinion on the company and the share price

Good to know that . But some people just bash you for it. If you dont like the post move on.

 

[Fact Finder]

Yesterday there was discussion regarding the chip that further funding via the LDA Capital call is required for and I was certain that it was the AKD2000 or ACE chip because of the consistent narrative from Brainchip going back to the last Pitt Street Research interview that Peter van der Made did end 2021 as Acting CEO before Sean Hehir took up the position.

The more I have thought about the need for additional funding against the narrative and communications with the CFO Ken Scarince at the time of the June quarter 2022 4C the more I have come to the idea as suggested by I think at least two other posters that there has been some change.

What that change might be is difficult to tell.

At the AGM the CEO Sean Hehir talked about the release of the AKD2000/ACE IP and the possibility of producing a reference chip to demonstrate the IP.

The language on its face has changed and the need for extra funding is potentially out of kilter with the previous narrative.

It could be a number of things even an expected order for volume production of a chip not based on the AKD2000/ACE IP. Someone suggested AKD1500.

The AKD2000/ACE IP with transformers and LSTM would meet lots of market requirements but in particular automotive.

In this market sector the trend is for automotive makers to develop their own chips and this is most certainly the published approach by Mercedes Benz so all they would want is the IP.

Anyway I am now no longer certain primarily because the need for extra funding in my mind points to some sort of change???

Just realised I left this out. There have been comments by Peter van der Made and Anil Mankar about much smaller chips 4nm and 5nm which as we know are considerably more expensive. Could it be that a customer say an Accenture wants to see the current AKIDA 1.0 the beast the science fiction reduced from 28 nm to 5nm??? This would need more funding??? Too many possible ideas to be certain. Maybe the podcast will give us a clue.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Space Cadet]

Maybe Akida Controlling Everything!

Akida Cognitive Edge

Or Not

SC

 

[Xray1]

A Nasdaq listing would be a death sentence at our size, genuinely the last announcement I want to see. We could hit multiple times our current MC on the ASX if we can demonstrate some sales.

Just maybe, this and the next 4C may show us explosive sales & revenues hitting the right spot and thus in turn escalating us to new commercialisation directions and development pathways.

 

[Space Cadet]

Akida
Cognitive
Edge or Engine

Beat me to it Haha. Couple of days behind. Been busy.

SC

 

[Fact Finder]

Just maybe, this and the next 4C may show us explosive sales & revenues hitting the right spot and thus in turn escalating us to new commercialisation directions and development pathways.

I love this but if this was likely would they have needed the extra funds to produce the chip and add more sales staff???

I am not ruling out income as such but huge explosive income I think does not make sense.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Techinvestor17]

Yesterday there was discussion regarding the chip that further funding via the LDA Capital call is required for and I was certain that it was the AKD2000 or ACE chip because of the consistent narrative from Brainchip going back to the last Pitt Street Research interview that Peter van der Made did end 2021 as Acting CEO before Sean Hehir took up the position.

The more I have thought about the need for additional funding against the narrative and communications with the CFO Ken Scarince at the time of the June quarter 2022 4C the more I have come to the idea as suggested by I think at least two other posters that there has been some change.

What that change might be is difficult to tell.

At the AGM the CEO Sean Hehir talked about the release of the AKD2000/ACE IP and the possibility of producing a reference chip to demonstrate the IP.

The language on its face has changed and the need for extra funding is potentially out of kilter with the previous narrative.

It could be a number of things even an expected order for volume production of a chip not based on the AKD2000/ACE IP. Someone suggested AKD1500.

The AKD2000/ACE IP with transformers and LSTM would meet lots of market requirements but in particular automotive.

In this market sector the trend is for automotive makers to develop their own chips and this is most certainly the published approach by Mercedes Benz so all they would want is the IP.

Anyway I am now no longer certain primarily because the need for extra funding in my mind points to some sort of change???

Just realised I left this out. There have been comments by Peter van der Made and Anil Mankar about much smaller chips 4nm and 5nm which as we know are considerably more expensive. Could it be that a customer say an Accenture wants to see the current AKIDA 1.0 the beast the science fiction reduced from 28 nm to 5nm??? This would need more funding??? Too many possible ideas to be certain. Maybe the podcast will give us a clue.

My opinion only DYOR
FF

AKIDA BALLISTA

Not sure if this supports any of your theories but I contacted Ken some time ago to enquire about the treasury management as there’s a large cash balance with no interest revenue being disclosed so the only assumption you can make is that the funds sent in a interest bearing account. His response was that they believe their treasury management was adequate so I’m assuming the reason is that they need the funds in the short term or need to access them at a moments notice.

 

[Stable Genius]

Why Edge AI for EV Battery Management

Article #6 of the "Why Edge?" Series. A short guide to how Edge AI can boost electric vehicle performance and safety when applied to the Battery Management System (BMS).

www.wevolver.com

This article is sponsored by Syntiant but Akida could obviously do it as well; better!

It’s about EV battery management and a growing market!

 

[buena suerte :-)]

Maybe

Advanced Combat Engine

or

Akida Computational Event

Akida
Creative
Excellence

 

[SERA2g]

I’m excited by this new Podcast.

I’ve been reviewing Accenture’s web page and they are a MASSIVE company.

Just look at their partners page for starters: https://www.accenture.com/au-en/services/technology/ecosystem



I can’t see any reason why anyone from Accenture would talk to a small Australian start up unless they saw value in doing so. Regardless of the friendship between Sean and Jean-Luc Chatelain. Sean was hired because of his many years in the industry, experience and Rolodex of connections from SVEN. He’s going to know a lot within that circle. Being a Fortune 500 company why wouldn’t our CEO get involved. I can’t wait to hear from him!

Accenture provides AI services so they would be very interested in Brainchip and how Brainchip can benefit them and their customers.
I think it‘s a given Accenture will be using their vast resources to try and get a competitive advantage over their competition and that bodes very well for us!

View attachment 26698

I couldn’t believe all the disparaging talk about RT today. Who do we think is delivering with all of these great partnerships: Easter Bunny?

RT is very experienced and IP sales is his area of expertise!

Not being in the IP contract field I can only imagine how intricate the negotiations would be. Of course every company will be trying to get Akida for as little as possible and RT has to negotiate a deal acceptable for both parties. As a start up haggling with some of the larger corporations I imagine it has been very difficult for him, introducing a new, initially untested product with science fiction qualities. Luckily once he can convince them of the products capabilities it can speak for itself but I’m sure it’s not been easy!

I’m not a fan of the super-hero question either. But I get RT wants to be fun, approachable, humble and trustworthy. Everyone has a super-hero of some description so the question is a great leveller and even though it’s at the end of his talk it gives them an opportunity to have a not so serious laugh at themselves and if they’re smart to Segway or link their super-hero into their product or brand!

Like most things in life trust and relationships are important so I hope RT stays in his position for as long as he wants so when a large corporation rings Brainchip (24/7) they get a known and trusted voice. I also hope they keep employing more sales staff because that’s the only way we are going to make sales; with sales staff! To be looking for two positions in Japan is again very exciting. There’s obviously growing interest in that region so we need to capitalise on it!


The daily SP fluctiations are of little interest to me. I could be wrong but I’m sure I can see a finish line in several years time when Brainchips business is mature, ubiquitous and the SP is many multiples of what it is now. I’m enjoying watching the business grow regardless of the SP.
When I say finish line; that for me is when I can sell enough to retire on…. and watch the rest grow and live off the dividends. I think this company could keep growing for at least the next decade. I will only sell my shares if I see something wrong with the fundamentals of the company: not the SP!

I appreciate the SP may be of interest to others if you have a short term outlook, so I get why that could be stressful if you have a deadline. Of course I would love a breakout vertical price jump which would then stabilise. We all know by now that will only happen when consistent revenue kicks in; and I’m very confident that it will. And it will come in from multiple sources. It’ll be like the banker in Monopoly collecting the cash every time a player (company) lands on Mayfair loaded with hotels! It will just take time. I’m very comfortable watching this exciting company grow.

Be kind, and enjoy this exciting ride, I am!

fantastic post mate, well done.

 

[Fact Finder]

Why Edge AI for EV Battery Management

Article #6 of the "Why Edge?" Series. A short guide to how Edge AI can boost electric vehicle performance and safety when applied to the Battery Management System (BMS).

www.wevolver.com

This article is sponsored by Syntiant but Akida could obviously do it as well; better!

It’s about EV battery management and a growing market!

One might speculate that Mercedes Benz is ahead of the curve here saying ‘neuromorphic computing ( meaning AKIDA) when deployed at scale’.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Xray1]

I love this but if this was likely would they have needed the extra funds to produce the chip and add more sales staff???

I am not ruling out income as such but huge explosive income I think does not make sense.

My opinion only DYOR
FF

AKIDA BALLISTA

Who know's what's actually happening behind Co doors ........... I saw a program on SBS TV in Sydney this morning called " Peer to Peer " it was a discussion with the CEO of Accenture ....... one of the largest Co's in the USA. Just think what just that business association could mean to BRN alone.
IMO ..... Explosive income is such a subjective view point based upon an individuals own personal perceptions.

 

[VictorG]

Yesterday there was discussion regarding the chip that further funding via the LDA Capital call is required for and I was certain that it was the AKD2000 or ACE chip because of the consistent narrative from Brainchip going back to the last Pitt Street Research interview that Peter van der Made did end 2021 as Acting CEO before Sean Hehir took up the position.

The more I have thought about the need for additional funding against the narrative and communications with the CFO Ken Scarince at the time of the June quarter 2022 4C the more I have come to the idea as suggested by I think at least two other posters that there has been some change.

What that change might be is difficult to tell.

At the AGM the CEO Sean Hehir talked about the release of the AKD2000/ACE IP and the possibility of producing a reference chip to demonstrate the IP.

The language on its face has changed and the need for extra funding is potentially out of kilter with the previous narrative.

It could be a number of things even an expected order for volume production of a chip not based on the AKD2000/ACE IP. Someone suggested AKD1500.

The AKD2000/ACE IP with transformers and LSTM would meet lots of market requirements but in particular automotive.

In this market sector the trend is for automotive makers to develop their own chips and this is most certainly the published approach by Mercedes Benz so all they would want is the IP.

Anyway I am now no longer certain primarily because the need for extra funding in my mind points to some sort of change???

My opinion only DYOR
FF

AKIDA BALLISTA

BRN still had funding for approx 4 qtrs.
The only conclusion I reach is BRN has a new obligation to a new or existing client.
As you said it may be for mass production of a new chip, whatever the chip spec is not important. The fact that the call was made is important and leads to two possible scenarios.
1. If BRN didn't need the money for new client obligations then why would they place the call knowing they have sufficient runway to the end of 2023. By placing the call so early without needing the funds would only see the sp dive. It is highly improbable this is the reason for the call.
2. BRN has a contractual obligation to supply chips to a client and need the funds for production.

My guess is MERC has expanded its use of Akida and are possibly aiming to release the tech earlier then 2025 in the EQXX.

If BRN's production slot with TSCM still exists, I think it will be used very soon.

Either way, A change is gonna come.

 

[buena suerte :-)]

BRN still had funding for approx 4 qtrs.
The only conclusion I reach is BRN has a new obligation to a new or existing client.
As you said it may be for mass production of a new chip, whatever the chip spec is not important. The fact that the call was made is important and leads to two possible scenarios.
1. If BRN didn't need the money for new client obligations then why would they place the call knowing they have sufficient runway to the end of 2023. By placing the call so early without needing the funds would only see the sp dive. It is highly improbable this is the reason for the call.
2. BRN has a contractual obligation to supply chips to a client and need the funds for production.

My guess is MERC has expanded its use of Akida and are possibly aiming to release the tech earlier then 2025 in the EQXX.

If BRN's production slot with TSCM still exists, I think it will be used very soon.

Either way, A change is gonna come.

I didn't think we 'mass produced' chips anymore? "We are not a chip company we are an IP company" (Sean Hehir AGM May 2022)

 

[VictorG]

I didn't think we 'mass produced' chips anymore? "We are not a chip company we are an IP company" (Sean Hehir AGM May 2022)

I know that, but if MERC stayed with the Akida chip rather than using Akida IP, I'm sure BRN would oblige.