BRN Discussion Ongoing

[Boab]

There has been a bit of argy bargy today so I thought it would be good to remind people of what Sean said at the last AGM.
Below is the last part of his prepared speech.
I'm sure all parties will be listening intently.
Kind regards to all views.

We are:•
Aggressively sourcing and hiring world class tech talent.
•Filing new patents.
•Working diligently on documentation, look/feel, UI to make our technology easier to consume.
•Paying close attention to our competitors.
•Refining, expanding, and accelerating our roadmap and see opportunities beyond the edge
.For the short term, you can expect another major release of next generation IP and another reference chip prior to the next AGM
.Lastly before I turn the meeting back over to Antonio, let me briefly recap.It’s been nearly a half year of building a commercial engine that is just now starting to reveal its possibility.
Key priorities and initiatives include:
•Structuring Commercialization.
•Understanding our Market Ecosystem.
•Clarifying our Business Model.
•Ensuring Product-Market Fit.
•Focusing on Marketing.
•Expanding Sales.
Our work on the commercialization leg of the stool has made substantial progress but it is a journey of continuing improvement.But when you couple this commercial engine with our differentiated IP product, delivering proven and an exponential improvement on anything else available, plus a market which is moving to the edge, I am highly confident that the commercial results will come in a steady and sustainable fashion. Even with all this hard work on commercialization in the last 5 months, the company and myself should be judged not on effort, but results. With that said, I look forward to standing before you next year to share all the progress and results from this next critical chapter of BrainChip’s commercialization.
Thank you.

 

[alwaysgreen]

Just to clarify, because I was the one who mentioned that Tony Dawe said to me in an email that anyone who is using Akida would not keep it a secret for long and would use it in their marketing, here is the email.

The email was sent to me on March 2nd 2023.

 

[alwaysgreen]

There has been a bit of argy bargy today so I thought it would be good to remind people of what Sean said at the last AGM.
Below is the last part of his prepared speech.
I'm sure all parties will be listening intently.
Kind regards to all views.

We are:•
Aggressively sourcing and hiring world class tech talent.
•Filing new patents.
•Working diligently on documentation, look/feel, UI to make our technology easier to consume.
•Paying close attention to our competitors.
•Refining, expanding, and accelerating our roadmap and see opportunities beyond the edge
.For the short term, you can expect another major release of next generation IP and another reference chip prior to the next AGM
.Lastly before I turn the meeting back over to Antonio, let me briefly recap.It’s been nearly a half year of building a commercial engine that is just now starting to reveal its possibility.
Key priorities and initiatives include:
•Structuring Commercialization.
•Understanding our Market Ecosystem.
•Clarifying our Business Model.
•Ensuring Product-Market Fit.
•Focusing on Marketing.
•Expanding Sales.
Our work on the commercialization leg of the stool has made substantial progress but it is a journey of continuing improvement.But when you couple this commercial engine with our differentiated IP product, delivering proven and an exponential improvement on anything else available, plus a market which is moving to the edge, I am highly confident that the commercial results will come in a steady and sustainable fashion. Even with all this hard work on commercialization in the last 5 months, the company and myself should be judged not on effort, but results. With that said, I look forward to standing before you next year to share all the progress and results from this next critical chapter of BrainChip’s commercialization.
Thank you.

Unfortunately, the commercial results have not yet come in at a steady and sustainable fashion. I read into "sustainable" in that we are making a profit but we are yet to do so. Based on that statement alone, I had hoped that we would not need to dip into any external funding but we have. Hopefully it is the last time we require LDA's money.

 

[McHale]

There's of course always the general short funds, that just short broadly:

BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stock

BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stock

fintel.io

B.t.w., interesting that if you click into ROBT an AI and robotics fund, they own more Brainchip than they own nVidia:

ROBT - First Trust Nasdaq Artificial Intelligence and Robotics ETF - Portfolio Holdings, AUM (13F, 13G)

ROBT - First Trust Nasdaq Artificial Intelligence and Robotics ETF - Portfolio Holdings, AUM (13F, 13G)

fintel.io

Hi Frederick, this is easy and quick, the RBOT you are referring to here has no relationship to "bots", RBOT is an etf which is focussed upon the global robotics industry and other related entities. etf's are commonly referred to as a means of passive investing.

Whereas bots are actually computers which are programmed by highly skilled (and highly sought after) computer programmers known as quantitative analysts, these people write very complex code based on complex algorithms - they are not your average programmer. The bots are deployed at stock exchanges and they execute "high frequency trading" patterns, as a means of catalyzing SP movement on certain targeted stocks.

The instos which deploy these computer/bots, have very deep pockets, they also do not pay the usual execution fees retail investors pay - they get bulk rates.

As I have said before IMO bots are the real enemy, and according to info I have seen, are now responsible for 70% of SP movement on global bourses.

 

[Deleted member 118]

Just managed to add another 10,000 shares to my personal holdings.

 

[jtardif999]

@Tothemoon24

Some prev posts when I went digging a little on them as from memory someone picked up maybe Rob mentioned them in a video or something. Was very brief mention.

Posts not in date order but bits on Oculi fwiw.

BRN Discussion Ongoing

And twenty eight when you are lonely and bored

thestockexchange.com.au

BRN Discussion Ongoing

My reason for the question is the paragraph below that was written in the Akida 1500 tape out article: "The tape-out was completed using GlobalFoundries’ 22nm fully depleted silicon-on-insulator (FD-SOI) technology and is being described as a milestone in validating BrainChip’s IP across...

thestockexchange.com.au

BRN Discussion Ongoing

A son asks his father why does he speak so quietly at home? The father replies because there is artificial intelligence that listens to everything we say. The son laughs, the dad laughs, Alexa laughs.

thestockexchange.com.au

BRN Discussion Ongoing

End of this month. But This is one thing that blockchain technology will solve. Already using Bitcoin or any crypto (including stablecoins) you can transfer money and it will go instantaneously in 5 minutes or under (with most chains) over the weekend as well. Although of course, this is still...

thestockexchange.com.au

BRN Discussion Ongoing

My reason for the question is the paragraph below that was written in the Akida 1500 tape out article: "The tape-out was completed using GlobalFoundries’ 22nm fully depleted silicon-on-insulator (FD-SOI) technology and is being described as a milestone in validating BrainChip’s IP across...

thestockexchange.com.au

BRN Discussion Ongoing

End of this month. But This is one thing that blockchain technology will solve. Already using Bitcoin or any crypto (including stablecoins) you can transfer money and it will go instantaneously in 5 minutes or under (with most chains) over the weekend as well. Although of course, this is still...

thestockexchange.com.au

BRN Discussion Ongoing

Could be totally wrong but gist I get for their Oculi tech from the patent that @Diogenese also found is driven around the pixel identification and changes and they speak of the vision component primarily that needs to dovetail into an AI processing aspect maybe? Driven around threshold values...

thestockexchange.com.au

BRN Discussion Ongoing

Could be totally wrong but gist I get for their Oculi tech from the patent that @Diogenese also found is driven around the pixel identification and changes and they speak of the vision component primarily that needs to dovetail into an AI processing aspect maybe? Driven around threshold values...

thestockexchange.com.au

Anil mentioned Oculi in a presentation - I can’t remember which one/when, but he implied they had some sort of relationship without directly stating that there was. AIMO.

 

[buena suerte :-)]

Just imagine what it would like if the BRN management team and staff were to be reading these posts !!!!

 

[Easytiger]

There has been a bit of argy bargy today so I thought it would be good to remind people of what Sean said at the last AGM.
Below is the last part of his prepared speech.
I'm sure all parties will be listening intently.
Kind regards to all views.

We are:•
Aggressively sourcing and hiring world class tech talent.
•Filing new patents.
•Working diligently on documentation, look/feel, UI to make our technology easier to consume.
•Paying close attention to our competitors.
•Refining, expanding, and accelerating our roadmap and see opportunities beyond the edge
.For the short term, you can expect another major release of next generation IP and another reference chip prior to the next AGM
.Lastly before I turn the meeting back over to Antonio, let me briefly recap.It’s been nearly a half year of building a commercial engine that is just now starting to reveal its possibility.
Key priorities and initiatives include:
•Structuring Commercialization.
•Understanding our Market Ecosystem.
•Clarifying our Business Model.
•Ensuring Product-Market Fit.
•Focusing on Marketing.
•Expanding Sales.
Our work on the commercialization leg of the stool has made substantial progress but it is a journey of continuing improvement.But when you couple this commercial engine with our differentiated IP product, delivering proven and an exponential improvement on anything else available, plus a market which is moving to the edge, I am highly confident that the commercial results will come in a steady and sustainable fashion. Even with all this hard work on commercialization in the last 5 months, the company and myself should be judged not on effort, but results. With that said, I look forward to standing before you next year to share all the progress and results from this next critical chapter of BrainChip’s commercialization.
Thank you.

Good discussion, suggest Sean at the AGM should present:
Slide: Roadmap to steady and sustainable revenue, with the next critical steps and actions to achieve successful commercialisation time-boxed.
Slide: highlights and KPIs summarising the Board approved 3 year strategy and growth plan.

This information will enable shareholders to reset expectations, timeframes and their personal wealth plans, which should provide the board-approved commercial path that can be more objectively and positively debated and tracked here.

 

[Xray1]

Good discussion, suggest Sean at the AGM should present:
Slide: Roadmap to steady and sustainable revenue, with the next critical steps and actions to achieve successful commercialisation time-boxed.
Slide: highlights and KPIs summarising the Board approved 3 year strategy and growth plan.

This information will enable shareholders to reset expectations, timeframes and their personal wealth plans, which should provide the board-approved commercial path that can be more objectively and positively debated and tracked here.

IMO ....... To avoid any negativity at the upcoming AGM, I think that Sean H and the Co should at least come up with another IP licence and a 4C showing healthy signs of overall revenue improvements ... after all Sean H did state at the last AGM that: ...." the company and myself should be judged not on effort BUT RESULTS " .....
Will this statement be seen potentially as Sean H falling upon his own sword as a failure to deliver on this AGM statement as a CEO ??? !!!!

 

[Boab]

IMO ....... To avoid any negativity at the upcoming AGM, I think that Sean H and the Co should at least come up with another IP licence and a 4C showing healthy signs of overall revenue improvements ... after all Sean H did state at the last AGM that: ...." the company and myself should be judged not on effort BUT RESULTS " .....
Will this statement be seen potentially as Sean H falling upon his own sword as a failure to deliver on this AGM statement as a CEO ??? !!!!

Whatever happens Sean has a multi year plan that has been approved by the board as per last nights podcast.

 

[HopalongPetrovski]

Good discussion, suggest Sean at the AGM should present:
Slide: Roadmap to steady and sustainable revenue, with the next critical steps and actions to achieve successful commercialisation time-boxed.
Slide: highlights and KPIs summarising the Board approved 3 year strategy and growth plan.

This information will enable shareholders to reset expectations, timeframes and their personal wealth plans, which should provide the board-approved commercial path that can be more objectively and positively debated and tracked here.

I understand why we as investors would like that, but can't imagine Sean or any other CEO wanting to box themselves too tightly in, in such a manner.
Merely predicting tomorrows weather, consistently and with a high degree of accuracy is difficult enough and the further out your attempt, the more grey area and fuzziness you'll want to build into your forecast.
The lumpiness in regards to revenue Sean continues to cite is the best face they can show at this point in time.
Frankly, they don't know.
Sure, they can put together their best guesses and produce a lot of pretty graphics and graphs, but who here, is willing to tell me what the weather conditions will be at the time and place of our upcoming AGM? And you have the benefit of 200 years of data along with a fairly likely assumption that we won't all be invaded by Martians or Chinese by then.
We are still in the gestation phase of commerciality.
The scans look good, but until the outcome is achieved we are all still on the nest.
As much as we all want to be there yet, unfortunately I just don't think we are.
I am still an advocate of the Company, the sector, our expanding offerings and the management team we have put in place.
To my ears, Sean is still talking sense, still executing on a viable strategy and running a quiet and efficient ship.
I remember the long slog just looking for Sean.
That was a good 12-18 months just to find and entice the right person, with the requisite skill set and experience to Brainchip.
Realistically, he has only had his hands on the levers for the absolute minimum period that I would have expectations for the type of results we are all hoping for. Whilst it can be an uncomfortable ride for us holders with our gaze primarily fixated on the day to day share price the realities of building a business in an innovative field right out there on the bleeding edge, is, just like Rome, not built in a day.

AKIDA BALLISTA
AKIDA EVERYWHERE.
GLTAH

 

[stockduck]

I would love to know if the Akida IP is "embedded" or integrated into these processes...just a tiny little message about it would be nice.....
but I suggest, there are a lot of possibilities to manage that process.

Siemens and Microsoft drive industrial productivity with generative artificial intelligence | Press | Company | Siemens

Siemens and Microsoft are harnessing the collaborative power of generative artificial intelligence (AI) to help industrial companies drive innovation a ...

press.siemens.com

https://assets.new.siemens.com/siemens/assets/api/uuid:ab296c74-350a-4096-8a1e-d66ad3efd895/HQDIPR202304126680EN.pdf

 

[IloveLamp]

CARLsim: GPU-accelerated Spiking Neural Network (SNN) simulator

 

[manny100]

Yes but it's pretty inconsiderate for some to gloat about the cheap prices that they bought at. Indeed many may well have bought on the hype that pervades this site. Think about that for a second. Early buyers quite comfortable with their current 10x gain happily joining dots and constantly ramping are now showing no sympathy or consideration for those who may have bought on the hype that they (the rampers) helped to create. I've done plenty of research by the way, much of which points to no substantial revenue and no new IP contracts for many months. Realistic is looking at the situation from different angles and not through blinkered, rose coloured glasses.

Yes but in a year or 2 those buying around these prices and higher will be patting themselves on the back for their astute buying.
The 'sads' will be long forgotten.

 

[Makeme 2020]

Yes but in a year or 2 those buying around these prices and higher will be patting themselves on the back for their astute buying.
The 'sads' will be long forgotten.

Only a year or two.

 

[Makeme 2020]

Yes but in a year or 2 those buying around these prices and higher will be patting themselves on the back for their astute buying.
The 'sads' will be long forgotten.

I can't wait for 2022.
Hang on I can't wait for 2023.
Now it's I can't wait for 2025.
What's next 2030...

 

[Schnitzel lover]

Good presentation.

A few notes below based on my interpretation and understanding only. These are not intended as advice, guidance, recipe instructions etc. Recommend waiting for the recording and tuning in for yourself.

Cheers.

Presentation

• Edge AI – The Right compute model
• Customer Driven. Market Driven. Generations Ahead.
• Akida - in the market now, real customers and gaining traction.
• Chips, boards & systems available which people can try.
• New chip available late Summer, early Fall
• Market likes what they did with the first chip, have put additional technology into the second.
• Sean has brought on board a number of high-level industry leaders.
• Closed a set of licences already (assume MegaChips and Renesas).
• Can’t build a product without an ecosystem.
• Auto industry has a lot of interest in AI, and a lot of interest in BrainChip.
• BrainChip seeing a lot of interest from healthcare as well.
• Power consumption from data centres is unsustainable. Must move to edge market.
• Market getting stronger every single day.
• BrainChip seeing absolute interest in all markets – industrial, auto, health, home/consumer.
• Fully digital and event based is critical – allows customers to move/deploy to any technology.
• Easy to convert existing models to Akida IP.
• Gen 1 product focused on grey boxes (ie. Akida-E)
• Gen 2 product focuses on addressing orange and blue boxes (ie. Akida-S & P). This results in more functions and more Customers.
• Tech partners – lubricates the sales cycle.
• Customers want to know that varying foundries can be used.
• Selling some chips as a secondary revenue stream.
• MegaChips can build chips on behalf of other Customers.
• Renesas releasing chip in coming months.
• Neuromorphic standard will emerge over coming years - BrainChip intend to be part of that standard.
• Primary revenue is IP licensing.
• Royalties are powerful revenue streams.
• Big market, favourable trend in the edge.
• Gen 2 - Very strong positive reviews from analysts, very strong interest from Customers.
• Working with marquee brands.
• Strong team.
• Real product, real market, real Customers. Attractive business model.

Q&A

• Gen 2 – On pace for Q3 release, maybe earlier - development going well. BrainChip developing hardware and software at same time. Too early to sign customers but seeing high interest level from new prospects and existing customers.
• Future earnings guidance – not at this time. IP licensing model is lumpy and includes a long sales cycle. Hard to predict but as BrainChip matures they will provide forecasts. Complex evaluation cycles ongoing, all going well but can’t time exactly when these will land.
• When will break even be achieved – Similar to above, BrainChip is not forward projecting. Sean has a multi-year board approved plan.
• Akida 1500 – expected to sell some of these to integrators. AKD1000 chip is essentially a demo chip. Never intended to be a revenue stream itself.

Does the following note suggest the Renesas tape out for first in product chip is just a low scale smaller volume release?

“AKD1000 chip is essentially a demo chip. Never intended to be a revenue stream itself.”

 

[Makeme 2020]

Does the following note suggest the Renesas tape out for first in product chip is just a low scale smaller volume release?

“AKD1000 chip is essentially a demo chip. Never intended to be a revenue stream itself.”

Renesas was bringing a product with Akida to market end of 2022.
Now it's end of 2023
Next announcement will be end of 2024.
Where does it end.???

 

[Schnitzel lover]

Renesas was bringing a product with Akida to market end of 2022.
Now it's end of 2023
Next announcement will be end of 2024.
Where does it end.???

I’m not fussed on timelines anymore.. The reality is that if this is as good as it seems it will face ridicule all the way to the reveal, where its breakthrough commercial success and future success is obvious beyond a doubt.

So that just leaves you with your personal investing profile and risk management.

Thanks for the informative posts and @Evermont for the effort to summarise the preso

 

[Makeme 2020]

I’m not fussed on timelines anymore.. The reality is that if this is as good as it seems it will face ridicule all the way to the reveal, where its breakthrough commercial success and future success is obvious beyond a doubt.

So that just leaves you with your personal investing profile and risk management.

Thanks for the informative posts and @Evermont for the effort to summarise the preso

Yeah looks like 2030, Why haven't they signed any more IP licences