Techinvestor17
Regular
No, the rebalance Ann will this fridayHi All. If I see correctly, new ASX 200 rebalancing is in March 2023 (which is this month). Do we think we keep our slot?
No, the rebalance Ann will this fridayHi All. If I see correctly, new ASX 200 rebalancing is in March 2023 (which is this month). Do we think we keep our slot?
I believe the leftie razor gang has got wind of, that a sizable proportion of the 42000 BRN shareholders will be millionaires and billionaires in the near future and just like all stand over organizations want their cut.I mentioned a few days ago that the government was running the change to superannuation tax rules up the flag pole despite promises to the contrary.
The present line is that it will only affect 80,000 superannuates however this is in its first year of operation.
Just like stamp duty on real estate in NSW it will not be indexed to adjust for inflation and so over time this number will greatly increase.
In the real world in which we all live someone today commencing work at the age of 20 years will have about 40+ years before they enter retirement. The implications for a ceiling of $3 million over 40 years can be evidenced by if you are an oldie like myself recalling what you paid for your first home about 45 years ago. In our case it was $38,000. It came on the market two or three years ago now and I noticed that the owners were then asking over $900,000.
Some here will not have given much thought to their retirement but the following graph using Monte Carlo calculations suggests that having $2 million in superannuation today and wanting to have an annual pension of $84,000 based on average returns will give you only a 30% chance of your $2 million lasting until your average life expectancy:
There are lots of these tables out there on the web but the reality is the younger you retire the more money you need to have tucked away because while $3 million might seem like a lot now in 40 + years it will be a bag of lollies.
Those retirees who retired last year would have sat down with their accountants or advisers and calculated what they needed to live a comfortable life in retirement based upon the known rules and government promises. Overnight those calculations became meaningless for 80,000 Australians.
Now before you decide that these 80,000 are all fat cats or filthy rich consider this Australia has almost 3 million small business owners providing approximately 97% of all jobs in our economy. Amongst this three million business owners are:
"Medium-scale enterprises are about 56,835 in number (employing about 20 to 199 people),"
Then ask yourself if you were one of these 56,835 medium scale business owners would you want the stress and responsibility this involves if you could not at least retire with a 100% certainty that your superannuation would see you out and give you a life style that made it all worthwhile.
On the above figures to guarantee this and have a good buffer against inflation and tax law changes you would want four or five million dollars in my opinion.
Anyway these changes will not be made until after the next election so you have plenty of time to take advice, do your numbers and complain to your local member if you feel that this proposed change might not be particularly fair or reasonable for you or your loved ones.
My opinion only DYOR
FF
AKIDA BALLISTA
You'd have to expect revenue from mobile phone sales by 2024. AKIDA is surely part of this.
Just on patents.Not sure this has been mention.
Another patent by BrainChip recently published.
View attachment 30936
US20230026363A1 - Spiking neural network - Google Patents
Disclosed herein are system, method, and computer program product embodiments for an improved spiking neural network (SNN) configured to learn and perform unsupervised extraction of features from an input stream. An embodiment operates by receiving a set of spike bits corresponding to a set...patents.google.com
Learning 🏖
Your gunna need a bigger safe if you want to protect your family home from a capital gains tax.I believe the leftie razor gang has got wind of, that a sizable proportion of the 42000 BRN shareholders will be millionaires and billionaires in the near future and just like all stand over organizations want their cut.
Also believe that the home safe market is going to have exponential growth over the next couple of years.
Beneficial AI, Essential AI, Ubiquitous AI..An article giving an insight into where Qualcomm believe the future is heading:
Qualcomm Technologies demonstrates generative AI on Android phone | Edge Industry Review
This is a significant milestone as it proves that AI models can be run efficiently on edge devices without any reliance on the cloud or an internet connection.www.edgeir.com
"This is a significant milestone for Qualcomm AI Research as it proves that AI models can be run efficiently on edge devices without any reliance on the cloud or an internet connection."
"Our vision of the connected, intelligent edge is happening before our eyes as large AI cloud models begin gravitating toward running on edge devices, faster and faster,” adds Qualcomm. “What was considered impossible only a few years ago is now possible."
Whether Brainchip is involved here or not, great to see a big boy like Qualcomm publicly stating the future of edge devices is looking bright.
I did highlight it here from Sean originally.Just on patents.
I don’t think anyone mentioned that the Annual Report disclosed that Brainchip has 14 granted patents with THIRTY (30) now awaiting approval/grant.
Once they start to tick over we should be getting news from Brainchip on an at least weekly basis for quite some time.
My opinion only DYOR
FF
AKIDA BALLISTA
Let's review… done the maths!
Rebalance Notification of the Changes in the ASX200 will occur tomorrow (friday 3rd march)Hi All. If I see correctly, new ASX 200 rebalancing is in March 2023 (which is this month). Do we think we keep our slot?
Lots of scenarios.Doubt that Prophesee or Qualcomm would be buying BRN IP via Renesas and/or MegaChips.
Should have asked him in a scenario where Qualcomm will use Prophesee tech with BRN IP, who would need to be licenced?
It will be either Prophesee or Qualcomm.
BrainChip Expands Its Ecosystem with Teksun to Bring the Akida Processor to Next-Generation AIoT Devices
3/1/2023
LAGUNA HILLS, CA / ACCESSWIRE / March 1, 2023 / BrainChip Holdings Ltd (ASX:BRN)(OTCQX:BRCHF)(ADR:BCHPY), the world's first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that Teksun has joined its Essential AI Ecosystem. The partnership will begin the process of incorporating BrainChip's neuromorphic technology into a broad range of AI-featured devices that demand efficient and cost-effective performance.
Teksun focuses on end-to-end IoT & AI product development and enables differentiated intelligent solutions, such as predictive and preventative maintenance in industrial applications, analytics and diagnostics for digital healthcare, automotive, and vision-based devices for security and surveillance, to name a few. The partnership between the two companies will demonstrate and proliferate BrainChip's technology through Teksun product development channels.
"Teksun is committed to innovation and dedicated to providing our customers with the most advanced IoT solutions," said Brijesh Kamani - Founder & CEO of Teksun. "With BrainChip's Akida processor, we will be able to deliver next-generation AIoT devices that are faster, more efficient, and more intelligent than ever before and not just meet, but exceed the expectations of our customers."
The Akida neural processor Al IP is an event-based technology that is inherently lower power when compared to conventional neural network accelerators. BrainChip IP supports incremental learning, on-chip learning, and high-speed inference with unsurpassed performance in micro watt to milli-watt power budgets. Among the markets that BrainChip's Essential AI technology will impact are the next generation of intelligent vehicles, smart homes of today and tomorrow, medicine, and industrial IoT.
"The Akida processor is a revolutionary computing architecture that is designed to process neural networks and machine learning algorithms at ultra-low power for edge computing applications, where resources and bandwidth are at a premium," said Sean Hehir, BrainChip CEO. "Teksun is a leader in the IoT industry, and we are confident that our partnership will enable them to deliver advanced solutions that will change the way we live, work, and interact with technology."
About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY)
BrainChip is the worldwide leader in edge AI on-chip processing and learning. The company's first-to-market, fully digital, event-based AI processor, AkidaTM, uses neuromorphic principles to mimic the human brain, analyzing only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Akida uniquely enables edge learning local to the chip, independent of the cloud, dramatically reducing latency while improving privacy and data security. Akida Neural processor IP, which can be integrated into SoCs on any process technology, has shown substantial benefits on today's workloads and networks, and offers a platform for developers to create, tune and run their models using standard AI workflows like Tensorflow/Keras. In enabling effective edge compute to be universally deployable across real world applications such as connected cars, consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor, is the future, for its customers' products, as well as the planet. Explore the benefits of Essential AI at www.brainchip.com.
Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc
Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006
Media Contact:
Mark Smith
JPR Communications
818-398-1424
Investor Relations:
Thinking more about this email and I am left a little confused.
300 Engineers beavering away integrating AKIDA technology at the Edge:
AI & Machine Learning Services | AI and ML Services | Product Engineering Company
We have fostered a broad spectrum of AI and ML Services right from the NLP to the knowledge virtualization to Smart Analytics, Predictive Analysis, RPA, and many more.teksun.com
A reasonably positive development.
By the way when you open the link and scroll down and down and down you will discover QUALCOMM.
My opinion only DYOR
FF
AKIDA BALLISTA