Has it been mentioned on the ASX as an announcement? Anywhere? Anyone who has shares in BRN (mostly) hold them on the ASX.Have I missed it? Why isn't anyone here talking about BrainChip Tapes Out AKD1500 Chip in GlobalFoundries 22nm FD SOI Process??
Maybe we got a yellow card for the Ford incident.Thanks wilzy. Yep it’s there but could also do it as a seperate announcement just like when Akida 1000 was done (my recall). Different ways to communicate good news etc and why have to read through a 8 page report. WBT consider tape outs as a seperate announcement (milestone) just so investors don’t miss it. All good, just different from my point of view only.
I agree. TSMC handled the first iteration of Akida and established a partnership with us to promote/sell our product. Now a change of horse, mid race as it were, to Global Foundries. Things that make you go "hmmm". Maybe something to do with these??
Completing tapeout of Akida 1500 could be considered to be the IT equivalent of converting a resource estimate from "inferred" to "proven". The initial circuit design "estimated" that it was feasible.Here we go again! The company has made very clear that it will not be putting out announcements unless strictly required to by the letter of law of the ASX, meaning a material event. The BRN crew is ultra cautious about being forced to show their hand by the ASX and I, for one, accept that give everything we all constantly say about the character of that organisation.
I think Sean has provided a low-key summary in the 4c of what people were asking for.
The manipulators were always going to have a crack once the 4c was released and it wouldn't surprise me to see a heap of crap articles, downramping etc to try and push SP below 60c over the next week.
For LTHs, the 4c is reasonable, the tape-out good news and all seems to be building and heading in the right direction. I think there's a hint in the final line "We remain positive on future market penetration and broad adoption of BrainChip’s technology."
All good. Akida ballista
Have I missed it? Why isn't anyone here talking about BrainChip Tapes Out AKD1500 Chip in GlobalFoundries 22nm FD SOI Process??
But is MorseMicro a “communications” company? (Rhetorical)Completing tapeout of Akida 1500 could be considered to be the IT equivalent of converting a resource estimate from "inferred" to "proven". The initial circuit design "estimated" that it was feasible.
Then there was the quickly forgotten nearology item about MegaChips and MorseMicro, reinforced by the discovery that several MorseMicro engineers are following BrainChip.
MicroMorse was founded by the inventors of WiFi, so they would have better insight than most into how the next generation on micro-networks should develop.
MorseMicro has the potential to provide the communications network for the connected IoT.
It is quite possible that Akida could improve the operation of the MorseMicro ultra-low-power, ultra-long-range WiFi, and both being under the auspices of MegaChips enhances the possibility of a collaboration.
Previous specs published show AKD1500 with LSTM and transformer networks, however, the tape-out announcement doesn't specifically mention these two features but rather it says " The AKD1500 uses the latest features of BrainChip's extremely energy-efficient, event-based, Akida™ AI IP."
I wonder why LSTM and transformer networks weren't mentioned specifically? I know it mentions GlobalFoundries' leaky boat technology but what else could the latest features from Akida IP be if not LSTM and transformer networks?
View attachment 28234
Good to see its a definite NO! To...HI Guys & Gals regarding my earlier post a 'good old fashioned'ASX announcement!!...
I have received this message from Tony and he has asked me to share this with you all and hopes it answers many questions and doubts we are having re ASX announcements.
Very much appreciated and many thanks to you Tony.
Hi BienSuerte
Happy new year to you.
I picked on your comment on TSE and I've been deluged by similar comments today from other shareholders, so please allow me to clarify and share my thoughts with you and others on TSE.
Firstly, to ensure you don't miss out on any news from BrainChip, I recommend you go to our website and subscribe to receive all updates so when we release press releases or ASX announcements you wont miss anything important, and you wont have to rely solely on the "1000 Eyes".
Secondly, while the tapeout of Akida1500 reference chip represents an important progression in the development of our IP portfolio and demonstrates our ability to customise our neuromorphic chip architecture to meet specific end-user requirements, the news itself has no immediate revenue or financial implications, and is therefore neither material nor price sensitive. Todays share price reaction to this news would appear to bare that point out. The threshold for these matters is "materiality" and its not always as clear cut as it seems from the outside.
As we've discussed in person, and I've discussed at countless retail investor engagements and in thousands of emails, we are adhering to the ASX Continuous Disclosure Guidelines and the Listing Rules. The decision to make an ASX announcement or a media release is discussed by our Board of Directors and our Executive Leadership Team and guided by the advice of our Company Secretary. I certainly have input into those discussions, but ultimately its a decision made by the CEO. We don't make these decisions lightly and we certainly do consider the expectations of shareholders and the market in those debates, but ultimately we are guided by the law and especially by the ASX, especially in regard to "ramping announcements". To have made an ASX announcement about the tape out of Akida1500 would have been a ramping announcement, as defined by the ASX.
I know that everyone has their own opinions on these matters, but opinions aren't facts. The fact is we are disclosing everything we are required to disclose and we are applying a conservative interpretation of the ASX continuous disclosure obligations, because we have run afoul of these obligations in the past and under previous management we ended up on an ASX watch list for repeated ramping announcement violations. We are not doing that again and we have sought advice from the ASX Compliance Team to satisfy ourselves that we are operating in compliance with their rules. This is not only good corporate governance but also a way of minimising our risk of regulatory intervention.
I know its probably a vain hope on my part that this note will end this discussion for good, but I hope it at least proves that we do listen to our shareholders and we are aware of their views and expectations. Please feel free to share this note on the BRN Discussion thread and I look forward to catching up with you at our next TSE-BRN Investor function in Perth. My best wishes to you and your lovely wife.
Regards
Tony Dawe
Bookmarked for the next time this happens. Poor Tony having to repeat himself over and over again, and well done to the company for doing exactly as they should have doneHI Guys & Gals regarding my earlier post a 'good old fashioned'ASX announcement!!...
I have received this message from Tony and he has asked me to share this with you all and hopes it answers many questions and doubts we are having re ASX announcements.
Very much appreciated and many thanks to you Tony.
Hi BienSuerte
Happy new year to you.
I picked on your comment on TSE and I've been deluged by similar comments today from other shareholders, so please allow me to clarify and share my thoughts with you and others on TSE.
Firstly, to ensure you don't miss out on any news from BrainChip, I recommend you go to our website and subscribe to receive all updates so when we release press releases or ASX announcements you wont miss anything important, and you wont have to rely solely on the "1000 Eyes".
Secondly, while the tapeout of Akida1500 reference chip represents an important progression in the development of our IP portfolio and demonstrates our ability to customise our neuromorphic chip architecture to meet specific end-user requirements, the news itself has no immediate revenue or financial implications, and is therefore neither material nor price sensitive. Todays share price reaction to this news would appear to bare that point out. The threshold for these matters is "materiality" and its not always as clear cut as it seems from the outside.
As we've discussed in person, and I've discussed at countless retail investor engagements and in thousands of emails, we are adhering to the ASX Continuous Disclosure Guidelines and the Listing Rules. The decision to make an ASX announcement or a media release is discussed by our Board of Directors and our Executive Leadership Team and guided by the advice of our Company Secretary. I certainly have input into those discussions, but ultimately its a decision made by the CEO. We don't make these decisions lightly and we certainly do consider the expectations of shareholders and the market in those debates, but ultimately we are guided by the law and especially by the ASX, especially in regard to "ramping announcements". To have made an ASX announcement about the tape out of Akida1500 would have been a ramping announcement, as defined by the ASX.
I know that everyone has their own opinions on these matters, but opinions aren't facts. The fact is we are disclosing everything we are required to disclose and we are applying a conservative interpretation of the ASX continuous disclosure obligations, because we have run afoul of these obligations in the past and under previous management we ended up on an ASX watch list for repeated ramping announcement violations. We are not doing that again and we have sought advice from the ASX Compliance Team to satisfy ourselves that we are operating in compliance with their rules. This is not only good corporate governance but also a way of minimising our risk of regulatory intervention.
I know its probably a vain hope on my part that this note will end this discussion for good, but I hope it at least proves that we do listen to our shareholders and we are aware of their views and expectations. Please feel free to share this note on the BRN Discussion thread and I look forward to catching up with you at our next TSE-BRN Investor function in Perth. My best wishes to you and your lovely wife.
Regards
Tony Dawe
Great response. Thanks Tony and thanks @BienSuerte for posting. I do think most of it has been said before but it seems to need to keep repeating. All Tony missed out was......patience grasshopper......HI Guys & Gals regarding my earlier post a 'good old fashioned'ASX announcement!!...
I have received this message from Tony and he has asked me to share this with you all and hopes it answers many questions and doubts we are having re ASX announcements.
Very much appreciated and many thanks to you Tony.
Hi BienSuerte
Happy new year to you.
I picked on your comment on TSE and I've been deluged by similar comments today from other shareholders, so please allow me to clarify and share my thoughts with you and others on TSE.
Firstly, to ensure you don't miss out on any news from BrainChip, I recommend you go to our website and subscribe to receive all updates so when we release press releases or ASX announcements you wont miss anything important, and you wont have to rely solely on the "1000 Eyes".
Secondly, while the tapeout of Akida1500 reference chip represents an important progression in the development of our IP portfolio and demonstrates our ability to customise our neuromorphic chip architecture to meet specific end-user requirements, the news itself has no immediate revenue or financial implications, and is therefore neither material nor price sensitive. Todays share price reaction to this news would appear to bare that point out. The threshold for these matters is "materiality" and its not always as clear cut as it seems from the outside.
As we've discussed in person, and I've discussed at countless retail investor engagements and in thousands of emails, we are adhering to the ASX Continuous Disclosure Guidelines and the Listing Rules. The decision to make an ASX announcement or a media release is discussed by our Board of Directors and our Executive Leadership Team and guided by the advice of our Company Secretary. I certainly have input into those discussions, but ultimately its a decision made by the CEO. We don't make these decisions lightly and we certainly do consider the expectations of shareholders and the market in those debates, but ultimately we are guided by the law and especially by the ASX, especially in regard to "ramping announcements". To have made an ASX announcement about the tape out of Akida1500 would have been a ramping announcement, as defined by the ASX.
I know that everyone has their own opinions on these matters, but opinions aren't facts. The fact is we are disclosing everything we are required to disclose and we are applying a conservative interpretation of the ASX continuous disclosure obligations, because we have run afoul of these obligations in the past and under previous management we ended up on an ASX watch list for repeated ramping announcement violations. We are not doing that again and we have sought advice from the ASX Compliance Team to satisfy ourselves that we are operating in compliance with their rules. This is not only good corporate governance but also a way of minimising our risk of regulatory intervention.
I know its probably a vain hope on my part that this note will end this discussion for good, but I hope it at least proves that we do listen to our shareholders and we are aware of their views and expectations. Please feel free to share this note on the BRN Discussion thread and I look forward to catching up with you at our next TSE-BRN Investor function in Perth. My best wishes to you and your lovely wife.
Regards
Tony Dawe
HI Guys & Gals regarding my earlier post a 'good old fashioned'ASX announcement!!...
I have received this message from Tony and he has asked me to share this with you all and hopes it answers many questions and doubts we are having re ASX announcements.
Very much appreciated and many thanks to you Tony.
Hi BienSuerte
Happy new year to you.
I picked on your comment on TSE and I've been deluged by similar comments today from other shareholders, so please allow me to clarify and share my thoughts with you and others on TSE.
Firstly, to ensure you don't miss out on any news from BrainChip, I recommend you go to our website and subscribe to receive all updates so when we release press releases or ASX announcements you wont miss anything important, and you wont have to rely solely on the "1000 Eyes".
Secondly, while the tapeout of Akida1500 reference chip represents an important progression in the development of our IP portfolio and demonstrates our ability to customise our neuromorphic chip architecture to meet specific end-user requirements, the news itself has no immediate revenue or financial implications, and is therefore neither material nor price sensitive. Todays share price reaction to this news would appear to bare that point out. The threshold for these matters is "materiality" and its not always as clear cut as it seems from the outside.
As we've discussed in person, and I've discussed at countless retail investor engagements and in thousands of emails, we are adhering to the ASX Continuous Disclosure Guidelines and the Listing Rules. The decision to make an ASX announcement or a media release is discussed by our Board of Directors and our Executive Leadership Team and guided by the advice of our Company Secretary. I certainly have input into those discussions, but ultimately its a decision made by the CEO. We don't make these decisions lightly and we certainly do consider the expectations of shareholders and the market in those debates, but ultimately we are guided by the law and especially by the ASX, especially in regard to "ramping announcements". To have made an ASX announcement about the tape out of Akida1500 would have been a ramping announcement, as defined by the ASX.
I know that everyone has their own opinions on these matters, but opinions aren't facts. The fact is we are disclosing everything we are required to disclose and we are applying a conservative interpretation of the ASX continuous disclosure obligations, because we have run afoul of these obligations in the past and under previous management we ended up on an ASX watch list for repeated ramping announcement violations. We are not doing that again and we have sought advice from the ASX Compliance Team to satisfy ourselves that we are operating in compliance with their rules. This is not only good corporate governance but also a way of minimising our risk of regulatory intervention.
I know its probably a vain hope on my part that this note will end this discussion for good, but I hope it at least proves that we do listen to our shareholders and we are aware of their views and expectations. Please feel free to share this note on the BRN Discussion thread and I look forward to catching up with you at our next TSE-BRN Investor function in Perth. My best wishes to you and your lovely wife.
Regards
Tony Dawe
Thank you for sharing @BienSuerteHI Guys & Gals regarding my earlier post a 'good old fashioned'ASX announcement!!...
I have received this message from Tony and he has asked me to share this with you all and hopes it answers many questions and doubts we are having re ASX announcements.
Very much appreciated and many thanks to you Tony.
Hi BienSuerte
Happy new year to you.
I picked on your comment on TSE and I've been deluged by similar comments today from other shareholders, so please allow me to clarify and share my thoughts with you and others on TSE.
Firstly, to ensure you don't miss out on any news from BrainChip, I recommend you go to our website and subscribe to receive all updates so when we release press releases or ASX announcements you wont miss anything important, and you wont have to rely solely on the "1000 Eyes".
Secondly, while the tapeout of Akida1500 reference chip represents an important progression in the development of our IP portfolio and demonstrates our ability to customise our neuromorphic chip architecture to meet specific end-user requirements, the news itself has no immediate revenue or financial implications, and is therefore neither material nor price sensitive. Todays share price reaction to this news would appear to bare that point out. The threshold for these matters is "materiality" and its not always as clear cut as it seems from the outside.
As we've discussed in person, and I've discussed at countless retail investor engagements and in thousands of emails, we are adhering to the ASX Continuous Disclosure Guidelines and the Listing Rules. The decision to make an ASX announcement or a media release is discussed by our Board of Directors and our Executive Leadership Team and guided by the advice of our Company Secretary. I certainly have input into those discussions, but ultimately its a decision made by the CEO. We don't make these decisions lightly and we certainly do consider the expectations of shareholders and the market in those debates, but ultimately we are guided by the law and especially by the ASX, especially in regard to "ramping announcements". To have made an ASX announcement about the tape out of Akida1500 would have been a ramping announcement, as defined by the ASX.
I know that everyone has their own opinions on these matters, but opinions aren't facts. The fact is we are disclosing everything we are required to disclose and we are applying a conservative interpretation of the ASX continuous disclosure obligations, because we have run afoul of these obligations in the past and under previous management we ended up on an ASX watch list for repeated ramping announcement violations. We are not doing that again and we have sought advice from the ASX Compliance Team to satisfy ourselves that we are operating in compliance with their rules. This is not only good corporate governance but also a way of minimising our risk of regulatory intervention.
I know its probably a vain hope on my part that this note will end this discussion for good, but I hope it at least proves that we do listen to our shareholders and we are aware of their views and expectations. Please feel free to share this note on the BRN Discussion thread and I look forward to catching up with you at our next TSE-BRN Investor function in Perth. My best wishes to you and your lovely wife.
Regards
Tony Dawe