BRN Discussion Ongoing

[goodvibes]

Why not Akida in MBUX??? Sounds like…

In addition, the GLA now features the latest generation of #MBUX – including newly designed display styles, improved performance and an intelligent voice assistant that is even more capable of dialogue and learning.

Learn more: http://mb4.me/GLA-MBUX

Mercedes-Benz AG on LinkedIn: #mbux #mercedesbenz #digital #connectivity #entertainment | 29 comments

Turning a car into a mobile games console? With the new digital extra in our GLA, we can do just that. With the optional individualisation package for… | 29 comments on LinkedIn

www.linkedin.com

Sporty compact SUV with numerous innovations: the new Mercedes-Benz GLA.

Latest MBUX generation with intuitive operation and learning software

By activating online services in the Mercedes me app[1], the intelligent voice assistant becomes even more able to dialogue and learn. The system gets to know the driver and remembers familiar settings or usual driving routes. Situationally, it then suggests personalized infotainment, comfort and vehicle functions - suitable for the respective driving situation. Of course, the driver can reject this proposal if necessary with the "Do not suggest now" function or deactivate it permanently with "Do not suggest anymore". The vehicle also remembers these wishes. Certain actions can also be triggered without the "Hey Mercedes" call. In addition, the voice assistant can explain vehicle functions.

 

[cassip]

 

[Deleted member 118]

 

[Deleted member 118]

 

[thelittleshort]

New role in Toulouse advertised

Check out this job at BrainChip :
https://www.linkedin.com/jobs/view/3577076391

 

[Foxdog]

Wow, that was difficult to get through for my little brain, didn't pick up any reference to Brainchip or AKIDA but plenty of AI stuff. Is AKIDA simply too good and other options are being used by potential customers because they are more fit for purpose? There was a time where posters here were saying that AKIDA is science fiction and customers would be crawling over each other to get hold of the revolutionary tech but this hasn't happened yet (Gen 2 might change this as it was supposedly developed to address customer requests?). It seems that a 3 year lead doesn't account for much if customers continue to opt for lesser but still sufficient alternatives. If Merc's new 'Hey Mercedes' that has just been released doesn't have AKIDA (why the hell wouldn't it?) then we are in trouble I think. Alternatively, if it is in the latest model cars I'd expect to see an uptick in revenue in the next 4C, unless BRN has decided to let these developers use the tech for free.

I'd like to hear more about the company who's board decided not to proceed with AKIDO (sic). Have they gone in a different direction now or will they rejuvenate negotiations with Brainchip? I still see this as a failure of our sales team to get a contract across the line, like many I suspect.

It appears as though we have the best racecar on the track, but the pit crew Is letting us down.

My musings only.

 

[DollazAndSense]

Wow, that was difficult to get through for my little brain, didn't pick up any reference to Brainchip or AKIDA but plenty of AI stuff. Is AKIDA simply too good and other options are being used by potential customers because they are more fit for purpose? There was a time where posters here were saying that AKIDA is science fiction and customers would be crawling over each other to get hold of the revolutionary tech but this hasn't happened yet (Gen 2 might change this as it was supposedly developed to address customer requests?). It seems that a 3 year lead doesn't account for much if customers continue to opt for lesser but still sufficient alternatives. If Merc's new 'Hey Mercedes' that has just been released doesn't have AKIDA (why the hell wouldn't it?) then we are in trouble I think. Alternatively, if it is in the latest model cars I'd expect to see an uptick in revenue in the next 4C, unless BRN has decided to let these developers use the tech for free.

I'd like to hear more about the company who's board decided not to proceed with AKIDO (sic). Have they gone in a different direction now or will they rejuvenate negotiations with Brainchip? I still see this as a failure of our sales team to get a contract across the line, like many I suspect.

It appears as though we have the best racecar on the track, but the pit crew Is letting us down.

My musings only.

A quote from your post yesterday after listening to the investor presentation.

“I can't believe the responses here to the podcast. I must have been listening to a different one. I think Sean presents really well, his answers to our questions were exactly what I expected to hear. About time the company is starting to acknowledge our concerns. He believes in the technology and the success of the business going forward.”

In less than 24 hours since that post, the negative narrative is back. It really seems like you’ve given them a lot of time to work on the success of the business going forward in the past 12 or so hours. I applaud your outstanding patience.

 

[Foxdog]

A quote from your post yesterday after listening to the investor presentation.

“I can't believe the responses here to the podcast. I must have been listening to a different one. I think Sean presents really well, his answers to our questions were exactly what I expected to hear. About time the company is starting to acknowledge our concerns. He believes in the technology and the success of the business going forward.”

In less than 24 hours since that post, the negative narrative is back. It really seems like you’ve given them a lot of time to work on the success of the business going forward in the past 12 or so hours. I applaud your outstanding patience.

I don't consider Sean part of 'the pit crew'. I acknowledged that he is restricted in what he can personally reveal. I would still like more details on deals that have not gone through.

I think both posts are consistent with my sentiments towards Sean (good) and behind the scenes progress (not so good).

The world is not 'black and white' and I reserve the right to consider things from different angles. I will continue to post based on my musings and opinions, please put me on ignore if you can't handle that.

 

[Deena]

Management keep changing the goal posts but treats s/h like mushrooms
WHY should we give them free SHARES WHY.

Arrh, they are not free shares Makeme. They are part of a PACKAGE to attract and retain talented and good quality employees.
Your comment is a bit like saying "Why should companies give employees FREE superannuation payments?"
Deena

 

[alwaysgreen]

Arrh, they are not free shares Makeme. They are part of a PACKAGE to attract and retain talented and good quality employees.
Your comment is a bit like saying "Why should companies give employees FREE superannuation payments? Why?"
Deena

Agreed and I will be voting yes for the majority. I do disagree with Manny's though. That's a firm no from me.

Also, still getting my head around this podcast.

The way i see it, given the timing of the release, it was Sean begging the shareholders to vote yes to issue his performance shares despite the failures of the team to close out deals. It has backfired horribly though. Failed engagements, akido lol (Akida 2.0) not being available until the end of the year. We'll probably be in the 30s tomorrow off the back of it.

Even the most ardent supporter has to be somewhat frustrated at this point.

 

[DollazAndSense]

I don't consider Sean part of 'the pit crew'. I acknowledged that he is restricted in what he can personally reveal. I would still like more details on deals that have not gone through.

I think both posts are consistent with my sentiments towards Sean (good) and behind the scenes progress (not so good).

The world is not 'black and white' and I reserve the right to consider things from different angles. I will continue to post based on my musings and opinions, please put me on ignore if you can't handle that.

I will continue to respond to your posts as I wish. Place me on ignore if you can’t handle that.

Your motives have always been clear to me.

 

[Foxdog]

I will continue to respond to your posts as I wish. Place me on ignore if you can’t handle that.

Your motives have always been clear to me.

Keh? I don't understand what you mean. Please do us all a favour and elaborate - what are you actually trying to say @DollazAndSense?

 

[Deleted member 118]

They are part of a PACKAGE to attract and retain talented and good quality employees.

In this current climate with tech companies laying off staff left right and centre, they should be great full for a job.
So maybe they need to review these packages in the future.

Tech layoffs in 2024: A timeline

Technology companies have continued to lay off staff in 2024, despite improving fundamentals. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in turmoil.

www.computerworld.com

Layoffs are up nearly fivefold so far this year with tech companies leading the way

Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month.

www.cnbc.com

With the raising of interest rates used to cool the economy and especially the level of employment, things are going to get worse before they start getting better.

• The damage was especially bad in tech, which has announced 102,391 cuts so far in 2023. That's a staggering increase of 38,487% from a year ago.

So why should brainchip staff be giving shares to stop them from leaving. Maybe they should be paying us to keep there jobs (joke)

So do I have a point? or and I being blinded by the drop in SP the last 12 months.

 

[DollazAndSense]

Keh? I don't understand what you mean. Please do us all a favour and elaborate - what are you actually trying to say @DollazAndSense?

I actually won’t play ball with you on this one. Your “little” brain as you so eloquently put it in a prior post, should be able to read between the lines. I’ll opt to stay in line with Zeebot’s forum rules.

 

[raybot]

That will be one of them known unknowns. It could be Moschips (guess) who promoted us a year or so ago but have been quiet since or someone we haven’t heard of yet due to NDA’s.

Moschips by the way I saw are promoting something with TSMC in a few days but I don’t think it has anything to do with us.

View attachment 34948

It could be NANOSE as they had us in their device and for whatever reason it unfortunately hasn’t gone ahead yet. As that was a Covid breathalyser it wouldn’t have been due to the headwinds as that would have been a company maker. I still think the problem with that device was cross contamination issues after first use. Hopefully once that is solved the device, along with cancer detection abilities etc will still be commercialised. That was out of our control.


My opinion is shareholders were complaining about a lack of information. Now most of the tough questions had been answered as best they could due to NDA’s people still aren’t happy. I have researched this company as much as I can and there were no surprises in that interview at all. It is still the same company I invested in and the more I have learned over the years the more realistic my timeframes have become. I still expect the company to be very profitable in the future so I am still buying when I find spare money.

I see Akida 1000 as a success. It proved the technology in silicon. Defence, RENESAS and NASA have been happy with it. MB have raved about it.

I understood Seans explanation to be that they effectively created a Lamborghini to do the job of a beetle Volkswagon. However as the Volkswagen was already effective for some solutions there has not been a need to upgrade to the Lamborghini for current products. Obviously future products to do more, or be more efficient may chose the Akida option.

Gen2 has obviously been designed with customers input hence the 3 sizes; to meet specific needs, improved ease of use and connectivity.

Due to how advanced the technology is the ecosystems are required. I think Brainchip is doing an excellent job. ARM, Intel, SiFive, Megachips just to name a few. As has been explained before it’s like inventing electricity but there are no devices, e.g. toasters, lightbulbs, tv’s etc to use it yet. The need for an ecosystem has been explained in depth so that is a non argument for me.

I see the technology as still being in demand in the future and Brainchip is in the right place to take advantage of the demand. Sean referenced 3 sources to corroborate that view with Neuromorphic and edge being in the bulls eye.

We have a choice re the shares options for current staff, either pay money which drains our capital or use the shares already put aside for that purpose which incentives whoever receives them. Simple choice really. Same as Manny’s shares, pay now or pay later plus fees. My choice is to vote yes and honour an agreement.

Of course we could offer less remuneration in the future and fail to attract extremely high quality, experts in their field to the company and see where that gets us too! Top people are an asset to the company and our future earnings depends on their performance so I offer them all the support they require and wish them well.

MB has a release on the 25th, not sure whose time zone that is though. It could be exciting to see if we get a mention and if revenue starts coming through from them in the near future.

I’m still very positive about the future. The day I’m not I’ll just sell my shares and disappear.

Thanks to all the quality posters who contribute to my learnings.

Great post.
IMO It’s the market conditions beyond the control of the company that are impacting share price; the company continues to develop the product to meet customer use cases and the emerging ecosystem.

 

[Foxdog]

Ah, yes I thought you'd take a cheap shot at my self humbling comments. You've proven your worth here, enough said.

What you actually should have focussed on was my comments about Mercedes. Our SP went to $2.34 on the initial hype (due to Merc announcement, not ours). It has since declined to 41c after zero follow-up confirmation by BRN or Merc. I'm really interested to know why Merc aren't mentioning our tech in any of their recent releases, especially with the new range coming on line. Are we or are we not in the next generation of Merc's? This is a simple question that is not covered by NDA's because the cat was let out of the bag ages ago. If we are still in the cars then why no updates to keep the market interested (and SP a little more supported).

I just listened to the podcast again and I like the way Sean comes across but the way the Merc situation is playing out has me baffled.

 

[DK6161]

I remember the excitement around Nanose and predictions on mass production of medical devices with Akida inside.
Didn't the founder met with Prince Charles and someone also linked it to Bill Gates funding around covid time?
Gosh those were exiting days!

 

[Yoda]

Agreed and I will be voting yes for the majority. I do disagree with Manny's though. That's a firm no from me.

Also, still getting my head around this podcast.

The way i see it, given the timing of the release, it was Sean begging the shareholders to vote yes to issue his performance shares despite the failures of the team to close out deals. It has backfired horribly though. Failed engagements, akido lol (Akida 2.0) not being available until the end of the year. We'll probably be in the 30s tomorrow off the back of it.

Even the most ardent supporter has to be somewhat frustrated at this point.

I'm an ardent supporter and yes it is hard to watch. Without a positive ASX announcement or revenue this will continue to fall. We all just need to brace ourselves for that. However, as soon as there is some positive news (and it is hard to conceive that there will not be some at some point), it will take off like a slingshot in all likelihood. We've seen this before. I think we were at or about this share price in January 2022 prior to the Mercedes news and went up to about $2.34 from memory in a very short period.

 

[IloveLamp]

Chip designer Arm makes its own advanced prototype semiconductor

Company to build test chip with factory partners, stoking fears it could in future compete with its biggest customers

www.ft.com

 

[Space Cadet]

Clearly there’s no revenue coming anytime soon….. which I don’t have a problem for now, however the lack of communication and hiding behind NDA’s will not cut it anymore….

With the AGM next month there’s No coincidence that all of a sudden our CEO decides he would like to communicate with his shareholders through a new quarterly podcast.

Where was the communication the past year…. Voting time next month.

I find the lack of respect for long term shareholders very disappointing.

I know which way I will be voting If I don’t see any progress in the next 4C

I will continue to respond to your posts as I wish. Place me on ignore if you can’t handle that.

Your motives have always been clear to me.

So, if anyone on here has actually bothered to look at some of the companies partnering with us, and then bothered to look at their timelines for commercialisation they'll see that the development time-frames are mostly pitched for EOY 2023, then uptick in 24/25.

Take NVISO, because driver monitoring becomes mandatory at a certain time hence, ALL vehicles will require it past this point. Does everyone know the significance of these time-lines, because I'm pretty sure I do?

This place around AGM time to me resembles a wasp nest. A couple of protagonists poke the nest with a stick and all the wasps in here get stirred up looking to sting something, anything.
We retail investors sometimes do more damage than good. The world has been turned upside down. We've had a pandemic which caused so many hurdles for companies around the world. We have a war in Ukraine started by a madman. This is followed by economic turmoil and possibly a recession to come. Leading tech companies are laying off thousands of employees and BRN is hiring.

Look at the list of companies we are aligned with. Not a bad list. So we are working in automotive on numerous levels, MB, Vale, Nviso and possibly more. We are working in defence and space. We are linked to health, communications and lots more. Prophesee can lead us to numerous leading companies. Megachips can lead us to many places. May have already, we just won't know. Renewal are getting ready to launch a chip with our IP.

As for shares being issued. Many on this team could earn a lot more elsewhere, multiples probably, which we can't afford. Instead of millions in wages they get shares. I would rather them have shares than high wages we can't afford. At least they benefit if we benefit. The alternative would be to have a shit team. This is an excellent team that has been put together and considering where the company is at in it's evolution I am over the moon. Two or three years ago, if you had shown me this list of executives I would have said hell yeah. I doubt there is anyone here who doubts the ability of PVDM and AM.

The company has had to change course but at least they listened to their potential customers and early adopters and made changes.

Just when we are getting close shareholders are trying to tear the company a new one. I just don't get it.

This is only one shareholders opinion but like I said I just don't get it. We have come along in leaps and bounds and are on the cusp. The company has my support and am happy with their progress. NDA's are difficult but a fact of life in this competitive tech space. I've learnt to accept it for what it is. I'm waiting for the time when companies can't wait to tell the world they have Akida in their product and I believe that in the next 2 years the company will be unrecognisable.

IMO only.

SC