BRN Discussion Ongoing

[DingoBorat]

I think people need to stand back and look at where we are at, what we're doing, what the Company is trying to accomplish and totally disregard the share price.

I have a reasonable chunk of shares, but I feel extremely underweight.

I see the current share price as an opportunity and I'm working towards increasing my share holding substantially.

If you're grumbling, obviously you must feel you have enough, have no intention to buy more, or feel you have enough capital at "risk".

I have complete faith in the BrainChip team delivering to all shareholders in the future.

The more of a "share" in the Company you have, the more you and your Family (whatever that is to you) will have in the future.

The "price" you pay for that "share" is immaterial at this stage.

LOOK AT THE BIG PICTURE.

Obviously not financial advice and just my views.

There is no Life without Risk.

 

[Baron Von Ricta]

I see the potential here otherwise I’d have sold, but many (tech) companies have done very well despite poor global economics.

I’m just saying I and other expected more, and if we don’t want to crash and burn, we need to start seeing some revenue. We aren’t government funded R&D, we’re a publicly funded company and the expectation at this stage is commercial interest, revenue, and a ROI.

This is they the SP is dropping and this is why shorts are raising.

Show me some contracts!

 

[buena suerte :-)]

Apologies if already shared. Note the case study on page 6.

https://www.accenture.com/_acnmedia/PDF-145/Accenture-Neuromorphic-Computing-POV.pdf

JB you've done it again! Great read ... Thanks

 

[Diogenese]

Are you sure @Fact Finder is not ChatGPT?

After all where else would find such encyclopedic recall and analysis?

wouldn't you know it?!

Even after the homily I delivered the other day about the danger of defaming someone on the internet, immediately after comparing @Fact Finder and ChatGPT, I received a defamation suit from
...
ChatGpt!

 

[Fact Finder]

Apologies if already shared. Note the case study on page 6.

https://www.accenture.com/_acnmedia/PDF-145/Accenture-Neuromorphic-Computing-POV.pdf

Great find generously shared.

To assist I will add the following extract which makes clear that Accenture have most likely been testing either Loihi 2 or AKIDA technology as referenced at page 6:

“Some people approximate derivatives of spikes in order to use backpropagation (like SynSense) and some use another technique called spike timing dependent plasticity (STDP), which is closer to how biological brains function. STDP, however, is less mature as a technology (BrainChip uses this method for one–shot learning at the edge)”

SynSense | Cars That Think Like You- EETimes | SynSense

Cars That Think Like You - EETimes By Sally Ward-Foxton 07.22.2022 Car makers are checking out neuromorphic technology to implement AI–powered features such as keyword spotting, driver attention, and passenger behavior monitoring. Imitating biological brain processes is alluring because it...

www.synsense.ai

We know that SynSense has been working with BMW and Prophesee but as this extract from an article promoted by SynSense on its website makes clear it does not use STDP.

It also confirms what we know that Brainchip uses STDP but what it does not mention is that Brainchip owns the IP for the STDP based JAST Learning Rules which they converted from a license to full ownership in the first half of 2023 under the leadership of the CEO Sean Hehir. Some think this was a stroke of commercial brilliance.

What some might not know is that when Peter van der Made bought the original license CERCO had been discussing terms with Intel and Peter van der Made slipped in underneath and walked away with the prize.

So while Mike Davies and Intel use a form of STDP they are at a significant disadvantage absent the right to use the JAST Learning Rules.

If the vehicle manufacturer is Honda we know Valeo is involved so Brainchip has feet on the ground so to speak.

If Mercedes Benz is the vehicle manufacturer it cannot be anyone else unless this testing by Accenture was about year or so before the CES 2022 EQXX reveal when Intel was still working with Mercedes Benz before they switched to Brainchip.

The Accenture Brainchip podcast is going to be very interesting.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[supersonic001]

BrainChip on LinkedIn: 4 Bits Are Enough

New blog from our Founder & CTO Peter van der Made - 4 Bits Are Enough - With a focus on edge AI solutions that are extremely energy-sensitive and thermally…

www.linkedin.com

 

[miaeffect]

Just so long as the hiring of sales staff isn't a 'Hail Mary' from the company because the current staff have failed to get results.

Proof?
Stop misleading new investors.
Enough is enough.

 

[Fact Finder]

wouldn't you know it?!

Even after the homily I delivered the other day about the danger of defaming someone on the internet, immediately after comparing @Fact Finder and ChatGPT, I received a defamation suit from
...
ChatGpt!

I will be seeking to join my action against you to their proceedings so you might like to let your lawyers know.

 

[buena suerte :-)]

Proof?
Stop misleading new investors.
Enough is enough.

Yep that was a strange thing to say!!!!!

 

[Rise from the ashes]

View attachment 26755

Had to do a little digging on that as with most thing you post

 

[SebThatGermanChap]

I’m sick of hearing my own voice at this stage, and can see I’m ruffling feathers so I think I need to stop posting for a while.

I’ll be the first to congratulate the team if something positive is announced.

Cheers,
Mark

For what it's worth, I'm appreciative of your narrative mate. Granted, it's leaning towards the pessimistic, but I think that's needed and warranted. It'd be a shame to see you pull back, but if it's for your wellbeing, then by all means.

 

[Fact Finder]

I also thought this tweet looked promising when I first saw it, but in the referenced article they state that transformers are superior to LSTM. And they go on to give an example of visual processing where the parallel processing of distant pixels, gives transformers another advantage.

I did not see that article as supporting BrainChip’s LSTM aspirations.

From the referenced article:
”Unlike RNNs and LSTMs that must read a string of text sequentially, transformers are significantly more parallelizable and can read in a complete sequence of words at once, allowing them to better learn contextual relationships between words in a text string.”

and

View attachment 26753

The thing is AKD2000 or ACE or whatever it’s called is to have both transformers and LSTM and while I am an old technophobe the reading I did on Transformers confirmed an interplay between them and LSTM.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Bravo]

Great find generously shared.

To assist I will add the following extract which makes clear that Accenture have most likely been testing either Loihi 2 or AKIDA technology as referenced at page 6:

“Some people approximate derivatives of spikes in order to use backpropagation (like SynSense) and some use another technique called spike timing dependent plasticity (STDP), which is closer to how biological brains function. STDP, however, is less mature as a technology (BrainChip uses this method for one–shot learning at the edge)”

SynSense | Cars That Think Like You- EETimes | SynSense

Cars That Think Like You - EETimes By Sally Ward-Foxton 07.22.2022 Car makers are checking out neuromorphic technology to implement AI–powered features such as keyword spotting, driver attention, and passenger behavior monitoring. Imitating biological brain processes is alluring because it...

www.synsense.ai

We know that SynSense has been working with BMW and Prophesee but as this extract from an article promoted by SynSense on its website makes clear it does not use STDP.

It also confirms what we know that Brainchip uses STDP but what it does not mention is that Brainchip owns the IP for the STDP based JAST Learning Rules which they converted from a license to full ownership in the first half of 2023 under the leadership of the CEO Sean Hehir. Some think this was a stroke of commercial brilliance.

What some might not know is that when Peter van der Made bought the original license CERCO had been discussing terms with Intel and Peter van der Made slipped in underneath and walked away with the prize.

So while Mike Davies and Intel use a form of STDP they are at a significant disadvantage absent the right to use the JAST Learning Rules.

If the vehicle manufacturer is Honda we know Valeo is involved so Brainchip has feet on the ground so to speak.

If Mercedes Benz is the vehicle manufacturer it cannot be anyone else unless this testing by Accenture was about year or so before the CES 2022 EQXX reveal when Intel was still working with Mercedes Benz before they switched to Brainchip.

The Accenture Brainchip podcast is going to be very interesting.

My opinion only DYOR
FF

AKIDA BALLISTA

Accenture and Intel

UPDATED 11:50 EST / SEPTEMBER 28 2022

SECURITY

Intel Project Amber pilot opens up with Leidos and Accenture onboard​

BY DUNCAN RILEY

SHARE
Intel Corp. today announced it’s opening up its “Project Amber” pilot program and already has two companies signed up: professional services firm Leidos Holdings Inc. and consulting giant Accenture plc.
Project Amber was announced in May and provides organizations with remote verification of trustworthiness in cloud, edge and on-premises environments. Designed to address growing security needs, the service focuses on trust and operates as an independent trust authority in the form of an innovative service-based security implementation code.
In the proof-of-concept pilot with Leidos, a company with a $13.7 billion market cap and 44,000 employees, the company built an attestation service for potential use in its QTC Mobile Medical Clinics. The service uses large, specially equipped vans to perform “in-the-field” medical exams and health information processing for U.S. veterans in rural and underserved areas. Leidos is looking at using Project Amber to play a role in meeting security challenges, including those caused by “internet of things” and medical IoT connected devices.
In the pilot, Leidos’ Health Group used Project Amber Attestation and Intel Software Guard Extensions to create an independently verified hardware root of trust and a trusted distributed compute foundation. The capabilities are designed to protect connected clinical workloads and data in storage, in process and in transmission.
Accenture has integrated Project Amber into a new AI-based framework for privacy-protecting data cooperatives. Well-designed cooperatives are said to let companies share data and collaborate and help reduce concerns around trust, compliance, privacy and data control or ownership.
The Accenture proof-of-concept allows healthcare institutions to expand their knowledge by privately and more securely sharing data and an AI model for disease detection and prevention training from multiple sources.
In earlier testing, Accenture also worked with Intel to demonstrate federated data learning for a practical use case, detecting sepsis. After evaluating different techniques, Accenture chose Intel SGX secure enclave technology to train and use AI models. The POC is a prototyped extension of Accenture Applied Intelligence’s AIP+ service, a collection of modular, pre-integrated AI services and capabilities designed to simplify the adoption of AI solutions.
For the broader service expansion, further pilots of Project Amber begin in the fourth quarter. General availability, including support for cloud software-as-service and edge SaaS licensing, is expected in the first half of 2023.

Intel, Accenture offer open-source AI kits to push adoption

Think ML is hard to implement? That excuse is getting harder to make as you avoid the rush

www.theregister.com

Intel Project Amber pilot opens up with Leidos and Accenture onboard - SiliconANGLE

Intel Project Amber pilot opens up with Leidos and Accenture onboard - SiliconANGLE

siliconangle.com

 

[Rise from the ashes]

Temperature and aggression

It is observed that hot weather and violence go hand in hand. This fact can be derived from a variety of sources, from a variety of centuries, and fro…

www.sciencedirect.com

 

[miaeffect]

Read my post in context you FW. This is a possible alternative unless you have irrefutable proof otherwise.

But here's a start for you and all new investors who you've apparently taken under your wing: Revenue = sales = sales staff doing their jobs!

 

[Diogenese]

The thing is AKD2000 or ACE or whatever it’s called is to have both transformers and LSTM and while I am an old technophobe reading I did on Transformers confirmed an interplay between them and LSTM.

My opinion only DYOR
FF

AKIDA BALLISTA

I imagine transformers as Big Long-Short Term Memory with added logic (BLSTMWAL).

 

[Fact Finder]

Read my post in context you FW. This is a possible alternative unless you have irrefutable proof otherwise.

But here's a start for you and all new investors who you've apparently taken under your wing: Revenue = sales = sales staff doing their jobs!

I would like to be charitable but two things stick out for me in the post you see as reasonable.

1. It takes absolutely no account of the known fact that Prophesee has been working with Sony since 2020 and has finalised a deal just recently to bring a Sony Prophesee powered camera lens to mass market sometime this year. Despite this Prophesee still engaged in a $50 million capital raise second half 2022 to cover operating expenses. At least three years to develop product and an unknown further period before product hits the market.

2. I received a DRO HC notification today. I follow them because of possible AKIDA involvement. The release stated that they hoped to reach break even going concern status in 2023 after six years of pursuing commercialisation.

So taking these caste iron golden clad facts how is it you can claim that two years on your timetable into commercialisation that the sales staff at Brainchip are not doing their job or is this another one of the uneducated fabricated opinions that has been thrown around here since the shorts took renewed interest.

Also you might note that the Renesas timetable is identical to the Sony timetable.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[skutza]

I don't want to be waiting for years here. We need to see contracts signed and actual revenue - soon. At least enough to pay company expenses and be a 'going concern'.

I agree, my thought in this was we've got close now to the OEM'S I suppose catching up. They've played around, now understand, made their products and now showing them off. Some have finished these steps and are ahead of the game, now the can start selling!!!

 

[HopalongPetrovski]

View attachment 26754

YES, and thank you JB.
Perhaps I am delirious from the unaccustomed sunshine and heat here in marvellous Melbourne and should be sedated, but.......
This, along with the fact of our Podcast, hosted by Sean tomorrow has really got my spidey sense tingling.....but in a good way.
The sustained shorting attack, the call up of extra capital for new tech, getting past all the CES retail fluffery with new undercover announcements, Tech's cryptic strawberries and cream (we're playing Wimbledon???), the panic some are exhibiting here................it feels somewhat like the water getting sucked out before a Tsunami.
I don't know if we'll get an announcement sometime before the podcast is released or what it may say............. Keystone investor???
Pure speculation on my behalf. I know nothing.....nothing!
But feels like a powerful wave is on it's way.
Just in case.........be ready.
GLTAH

 

[Foxdog]

I would like to be charitable but two things stick out for me in the post you see as reasonable.

1. It takes absolutely no account of the known fact that Prophesee has been working with Sony since 2020 and has finalised a deal just recently to bring a Sony Prophesee powered camera lens to mass market sometime this year. Despite this Prophesee still engaged in a $50 million capital raise second half 2022 to cover operating expenses. At least three years to develop product and an unknown further period before product hits the market.

2. I received a DRO HC notification today. I follow them because of possible AKIDA involvement. The release stated that they hoped to reach break even going concern status in 2023 after six years of pursuing commercialisation.

So taking these caste iron golden clad facts how is it you can claim that two years on your timetable into commercialisation that the sales staff at Brainchip are not doing their job or is this another one of the uneducated fabricated opinions that has been thrown around here since the shorts took renewed interest.

Also you might note that the Renesas timetable is identical to the Sony timetable.

My opinion only DYOR
FF

AKIDA BALLISTA

Respectfully FF I am not claiming that the sales staff are not doing their jobs. However, I'm not ruling it out either. In the absence of revenue producing engagements with customers and the associated ASX announcements, which would required, I think both scenarios are still possible. Regardless of how unpalatable my previous post may seem it's merely looking at both sides of the coin. You have said yourself that the tipping point is when revenue outpaces operating expenses. I think we all expected this to occur Y/E 2022 regardless of said economic headwinds. Hopefully this expectation is realised in the next 4C and we can say the sales team are doing their jobs. Until then the coin will continue to have two sides.