Good morning gents and ladies. I am holidaying in Bali at the moment so was watching US TV sadly. An intertidal was conduits about the collapse of Silicon Valley Bank and its effects on start ups etc. They were describing it as a catastrophe and a black Swan event particularly for small start ups in particular. This should not affect Brainchip as we have the LDA moonrise but it may affect some of our partnerships maybe. Has anyone heard about this? My knowledge of the financial side is as great as my technical knowledge of stuff. Three fifths of five eighths of not a lot.
Thanks guys.
If you don't have dreams, you can't have dreams come true!
Will not affect Prophesee as they raised $50 million just prior to Christmas.
Nviso raised not long ago as well.
Emotion3D is a going concern.
Biotome specialises in Government Grants.
Tata, Intel, ARM, SiFive, Edge Impulse, Renesas, MegaChips, Socionext will probably be OK.
All the DARPA, NASA connections being defence specialists will have no issues.
As for the speculative connections well we specialise in Fortune 500 and household named companies like Samsung, LG, Google, Apple etc so they will likely be there tomorrow.
The 100’s of one trick startups trying to jump on the Ai Edge band wagon will likely collapse only to rise again when the next technology ‘black’ rises by which time Brainchip will have covered the globe.
My opinion only DYOR
FF
AKIDA BALLISTA