BRN Discussion Ongoing

[Deleted member 1269]

Finally, I can't recall precisely what our CEO said at last years AGM but unless he specifically said he wanted to be judged on financial results or financial progress this past year then he has in fact overseen a growing company that has accomplished a lot. Those accomplishments are just not being reflected in an increasing stock price now because the market abhors a vaccuum of ever increasing revenue and income and as noted by Mr. Viana, the board chair, the stock will do what the stock does .... which we can all agree hasn't been pretty recently.

@dippY22, I want BrainChip to be as successful as every other shareholder, we all want the same thing.

But just a cut and paste from last years AGM -

Im my opinion, when the CEO is taking about but being judged on results specifically around commercialisation, this means financial results to me.

 

[Diogenese]

I am 98.2% sure this will be us.......DYOR!

Redirecting

View attachment 34838


"Arun Iyengar, CEO of Toronto-based tech firm Untethered AI, explains that traditional AI methods are a huge drain on the world’s energy resources.

“Just looking at January, if you look at the number of people that used ChatGPT and the amount of energy it took to serve them, it would be the same amount of energy to fully serve a town of 175,000 people,” he says.

That’s because it’s using methods established as far back as the 1940s by John von Neumann, widely considered the father of modern AI technology, which has powered all computer chips to date.

“Anytime you move data you burn energy. So the more distance you move data, the more power you’re burning to make that happen. And that’s why today’s implementations end up consuming so much power.”

Iyengar’s company, a semiconductor startup, has created a first-of-its-kind chip that aims to dramatically reduce AI’s energy use.

“We are basically putting the processing and the memory right next to each other. So the data movement is now contained in a very,
very short distance … that reduces the power or the energy required to do Artificial Intelligence by a factor of six to 10 times,” he says"

Ella and I are 99.9° % sure that Untether have their own in-house design:
US2021091794A1 COMPUTATIONAL MEMORY WITH ZERO DISABLE AND ERROR DETECTION

A processing element includes an input zero detector to detect whether the input from the neighbor processing element contains a zero. When the input from the neighbor processing element contains the zero, a zero disable circuit controls the input from the neighbor processing element and respective data of the memory to both appear as unchanged to the arithmetic logic unit for the operation. A controller of an array of processing elements adds a row of error-checking values to a matrix of coefficients, each error-checking value of the row of error-checking values being a negative sum of a respective column of the matrix of coefficients. The controller controls a processing element to perform an operation with the matrix of coefficients and an input vector to accumulate a result vector. Owing to the error-checking values, when a sum of elements of the result vector is non-zero, an error is detected.


Technology — Untether AI

https://www.untether.ai/technology


runAI200™ Represents a new breed of computing

At Untether AI, we re-wrote the rules for compute architectures. Designed from the ground up for AI inference workloads, the runAI200® architecture provides best-in-class performance for running neural networks; CNNs, RNNs, TCNs, Attention, Transformer, Unets, and DLRM.

At the heart of the unique at-memory compute architecture is a memory bank: 385KBs of SRAM with a 2D array of 512 processing elements. With 511 banks per chip, each device offers 200MB of memory, enough to run many networks in a single chip. And with the multi-chip partitioning capability of the imAIgine® Software Development Kit, larger networks can be split apart to run on multiple devices, or even across multiple tsunAImi® accelerator cards.

 

[Diogenese]

Just back to the NDA thing, when a company is shown Akida and registers a high degree of excitement yet secrecy about the ‘principle’ of the AI, and decides to do further testing for say a further 3-6 months without any contract signed, yet for whatever reason subsequently walks away, would this company be part of the 100 NDA’s? I’m guessing that we as shareholders aren’t privy to these situations.
Another part of my questioning is, do NDAs come and go and fall away quite regularly in the world of secrecy?

The walker-away would still be bound to maintain the confidentiality of all confidential information it received under the NDA.

 

[Deadpool]

Well if it does as I’ve a 7 year plan on retiring when Im 60 I’ll guess i will be living in a

 

[Bravo]

@dippY22, I want BrainChip to be as successful as every other shareholder, we all want the same thing.

But just a cut and paste from last years AGM - View attachment 34844

Im my opinion, when the CEO is taking about but being judged on results specifically around commercialisation, this means financial results to me.

Hi @caroorac,

There are many research papers delving into entrepreneurial approaches in commercialising new technologies. Key findings are that relationships with partners and other supporting companies/organisations need to be formed earlier than previous literature suggested hence the early focus on communication and partnership is highlighted as being a critical factor for rapid commercialisation success.

This usually involves an ecosystem model which brings together compatible technology companies, experienced business leaders, researchers, etc.


This is an extract from @SERA2g post #54,500, which might help show the results of this commercialisation process in BrainChip's case.

 

[Tezza]

I was thinking and yes it hurt! If Sean is to be judged on results (his words) and financials are poor, all companies that have signed on have ndas in place, what will Sean be able to say to give current shareholders and more importantly potential shareholders confidence?

 

[Diogenese]

Hi @caroorac,

There are many research papers delving into entrepreneurial approaches in commercialising new technologies. Key findings are that relationships with partners and other supporting companies/organisations need to be formed earlier than previous literature suggested hence the early focus on communication and partnership is highlighted as being a critical factor for rapid commercialisation success.

This usually involves an ecosystem model which brings together compatible technology companies, experienced business leaders, researchers, etc.


This is an extract from @SERA2g post #54,500, which might help show the results of this commercialisation process in BrainChip's case.

View attachment 34846

SiFive, nViso, ARM, Prophesee, Edge Impulse, AI Labs, IFS, Blue Ridge, Teksun, emotion3D, three Unis, ... and none of these made it into the MF article?

 

[Deleted member 1269]

I was thinking and yes it hurt! If Sean is to be judged on results (his words) and financials are poor, all companies that have signed on have ndas in place, what will Sean be able to say to give current shareholders and more importantly potential shareholders confidence?

For me personally, there is nothing Sean can "say" to give me confidence. I'm afraid his words are hollow for me. I need cold hard evidence. Not EAPs, not potential clients under NDAs, not partnerships, but deals that are resulting in actual revenue. It's time for action not words in my opinion.

 

[Bravo]

For me personally, there is nothing Sean can "say" to give me confidence. I'm afraid his words are hollow for me. I need cold hard evidence. Not EAPs, not potential clients under NDAs, not partnerships, but deals that are resulting in actual revenue. It's time for action not words in my opinion.

Did you read my reply to your first post @caroorac? I'm interested in how you would describe all of partnerships and ecosystem building that occurred between this AGM and last. If you don't equate that activity to a result, then what else would you describe it as being?

 

[Bravo]

For me personally, there is nothing Sean can "say" to give me confidence. I'm afraid his words are hollow for me. I need cold hard evidence. Not EAPs, not potential clients under NDAs, not partnerships, but deals that are resulting in actual revenue. It's time for action not words in my opinion.

You don't have to take my word for it. Here are some other sources of information, if you'd like to read up on it.

Council Post: Why Ecosystem Readiness Is Key For The Success Of New Products

An ecosystem is like a domino structure: You must make sure that all the entities in the ecosystem support your business initiative in order to succeed.

www.forbes.com

Collaboration and ecosystems are the future of business | World Economic Forum

Successful Ecosystem Collaboration for a Purpose-driven Growth

Read how a successful ecosystem collaboration can help businesses achieve purpose-driven growth and prioritize ESG culture for long-term business viability. 

www.tcs.com

 

[Deleted member 118]

You write like shareman.

Plenty hanging around here currently

 

[Bravo]

 

[Tothemoon24]

With all the worries of some they’re lucky the AGM is arriving to put forward their concerns .

Footnote ;
Please check the AGM dress code before attending.
Long shorts or short longs are yet to be determined.

 

[Deleted member 118]

With all the concerns of some they’re lucky the AGM is arriving to put forward their concerns .

Footnote ;
Please check the AGM dress code before attending.
Long shorts or short longs are yet to be determined.

I should be ok then as nothing regarding me not wearing this

 

[Bravo]

Speaking of the importance of ecosystems.

• The Samsung SAFE™ IP partner program is aiming to create a strong ecosystem between Samsung Foundry and IP partners, to provide diverse IP portfolios in various application fields, based on customers' requirements.
• SiFive is an IP partner in Samsung Foundry's program.
• BrainChip and SiFive have partnered to show their IP is compatible in SoC designs for embedded AI.
• Lakshmi Narayana Kethamreddy (Vice President & Head - Samsung Foundry BU) has liked two of our AKIDA 2nd Gen posts.
• #53,976

That's a very rudimentary example of how ecosystems tend to work.

 

[Food4 thought]

It will be interesting to see how many people stay on here when we truely get going.
I for one will be watching for the next 7 years, I can’t help think that BrainChip is headed for the big time.
It would be wonderful to see Peter and his team be on top of the world after all the years of hard work.
Won’t be long now!!
only a few more years to wait
And these quite days will be forgotten and the SP will bê rocketing

 

[Deleted member 118]

For me personally, there is nothing Sean can "say" to give me confidence. I'm afraid his words are hollow for me. I need cold hard evidence. Not EAPs, not potential clients under NDAs, not partnerships, but deals that are resulting in actual revenue. It's time for action not words in my opinion.

 

[wilzy123]

It's time for action not words in my opinion.

It's time because why? What are you actually basing this on?

 

[HopalongPetrovski]

It will be interesting to see how many people stay on here when we truely get going.
I for one will be watching for the next 7 years, I can’t help think that BrainChip is headed for the big time.
It would be wonderful to see Peter and his team be on top of the world after all the years of hard work.
Won’t be long now!!
only a few more years to wait
And these quite days will be forgotten and the SP will bê rocketing

Banking that you’re right Buddy.
Some of us have already been waiting 7or 8 years you know.
Hoping for more than just a nice nursing home but the clocks ticking and I’m starting to doubt I’ll make it to my brand spanking new George Clooney clone.

Bring it, Brainchip