LexLuther77
Regular
A bitter pill to swallow... sheesh
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
mrgds
Regular
Well "HeyHey " .......................... you did say to base your performance on revenue ? ( Silly statement from a CEO imo )
Well then, from me, ............................ its a NO to your share bonuses.
Plus, .................... you said there would be more detail in the 4C regarding the LDA Capitol Agreement,
..................... so where the F#*CK is it ?
Plus, ..................... Quarterly Shareholder Podcasts dont cut it, ..................... lets do monthly at the very least and give us some guidance
on where the company is and its/your roadmap.
Plus, ....................... how about a "genuine" email to shareholders explaining how/why this revenue was so low.
AKIDO ( your words "hey hey ") BALLISTO
Well then, from me, ............................ its a NO to your share bonuses.
Plus, .................... you said there would be more detail in the 4C regarding the LDA Capitol Agreement,
..................... so where the F#*CK is it ?
Plus, ..................... Quarterly Shareholder Podcasts dont cut it, ..................... lets do monthly at the very least and give us some guidance
on where the company is and its/your roadmap.
Plus, ....................... how about a "genuine" email to shareholders explaining how/why this revenue was so low.
AKIDO ( your words "hey hey ") BALLISTO
Vladsblood
Regular
Lucky that Manny H is potentially getting his 8 mill "free" shares. IMO.... any legal action on this issue could potentially eat into existing Co funds held.
Directors still will be most likely of getting their bonuses /shares/options after the AGM votes.
We have funds available for only a further 3 quarters.
Potential risk of a future CR.
Just to name a few ..............
Someone has imo dropped the ball big time !!!
Vladsblood
Regular
2quarters very low income…looks like Brainchip is now in a recession LOL. Vlad
Just a quick follow up in regards to my previous post, I pose a few quick question for all.
1. Who benefits most from the selling of shares and the SP falling?
2. So looking at number 1, who is most wanting the SP to keep going lower?
Obvious I know, but sometimes the most basic things can stare us right in the face and we can't see it, my wife calls it having a mans look.
1. Who benefits most from the selling of shares and the SP falling?
2. So looking at number 1, who is most wanting the SP to keep going lower?
Obvious I know, but sometimes the most basic things can stare us right in the face and we can't see it, my wife calls it having a mans look.
toasty
Regular
OK, now do you get what I was talking about in a previous post about voting "no" to bonuses. I made the point at that time that I couldn't vote for something that was so opaque and now I'll add that I certainly won't support the current regime in general. They are not showing us any tangible progress in monetising the technology. Worse, they are treating us like mushrooms, providing no explanation of why revenue in the 4C is so poor or when we can expect to see it improve and why. Building ecosystems is beginning to sound to me like an excuse for failing to recruit real paying customers. It simply doesn't wash any more............. 
All that said, I am resigned to being kept in the dark for the forseeable future as that seems to be the MO of our CEO and Chair. When I was in the software business, sales people like Sean (and that is clearly what he is) had 2, maybe 3 quarters, to hit their revenue targets. We don't even know what those targets are for BRN management!!!! I've been holding for 7 years now and what I'm seeing is little or no progress on the commercial front. I enthusiastically bought into the technology but am bitterly disappointed by the lack of commercial success and the constant shroud of secrecy from management.
Make up your own minds as the opinions expressed here are those of a single, long term and previously loyal shareholder.
All that said, I am resigned to being kept in the dark for the forseeable future as that seems to be the MO of our CEO and Chair. When I was in the software business, sales people like Sean (and that is clearly what he is) had 2, maybe 3 quarters, to hit their revenue targets. We don't even know what those targets are for BRN management!!!! I've been holding for 7 years now and what I'm seeing is little or no progress on the commercial front. I enthusiastically bought into the technology but am bitterly disappointed by the lack of commercial success and the constant shroud of secrecy from management.
Make up your own minds as the opinions expressed here are those of a single, long term and previously loyal shareholder.
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D
Deleted member 118
Guest
Wife’s going to shoot me
We have been told too many lies. False promises by management. Something has to change within company.
BaconLover
Founding Member
Looks like the first scenario where they pumped it to dump it for a quick ~ 20% gain both ways. Not a bad day's work.
Hopefully not many fomo'd.
That also leaves the question, if someone knew the report beforehand to make such a play?
Or was it just a punter taking punts?
D
Deleted member 118
Guest
Well I took advantage of it and brought some moreLooks like the first scenario where they pumped it to dump it for a quick ~ 20% gain both ways. Not a bad day's work.
Hopefully not many fomo'd.
That also leaves the question, if someone knew the report beforehand to make such a play?
Or was it just a punter taking punts?
FabricatedLunacy
Regular
Yeah wow.... numb and somewhat confused.
Also 60% down in my portfolio and 30% in my super.... so not selling, which I like to believe is still the right thing to do. Either that or I suffer from some form of Stockholm Syndrome and can't see the writing on the wall. Either way, if it really tanks... yeah wow.
2024 will be our year (currently I almost believe it...)
Also 60% down in my portfolio and 30% in my super.... so not selling, which I like to believe is still the right thing to do. Either that or I suffer from some form of Stockholm Syndrome and can't see the writing on the wall. Either way, if it really tanks... yeah wow.
2024 will be our year (currently I almost believe it...)
suss
Regular
This has been the statement from BRN for how many years/announcements/press releases? I remain long on BRN but this announcement is the biggest test of patience after 7 years of holding. The amount of sales staff hired is not trivial and possibly very premature, plus the bonuses/options etc. that have been a large topic of discussion here recently. It's nearly impossible to vote for bonuses, 2.0 is exciting but still only words on a PDF from a shareholder's perspective.
toasty
Regular
Not sure I agree with that. Renesas is (allegedly) producing a product with our IP and Megachips have obviously sold the concept on - to who know who. No
Its the lack of meaningful dialogue from management that I find unacceptable. They should remember that this company was created and continues to be funded to a great degree by shareholders contributions.
Schwale
Regular
They can release as many versions as they like withouth revenue this boat will not float! How much longer can they survive on investor capital?
Damo4
Regular
Perfect summary, hopefully everyone can remain calm and help support each other, we all have the same goal.
Do what's best for yourself, and keep your head up if that's to hold.
Hi Frangipani,Has anyone else stumbled upon this 3 year EU-funded research project called Nimble AI, kick-started in November 2022, that “aims to unlock the potential of neuromorphic vision?“ Couldn’t find anything here on TSE with the help of the search function except a reference to US-based company Nimble Robotics, but they seem totally unrelated.
The 19 project partners include imec in Leuven (Belgium) as well as Paris-based GrAI Matter Labs, highly likely Brainchip’s most serious competitor, according to other posters.
An article about Nimble AI’s ambitious project was published today:
What do you make of of the consortium’s claim that their 3D neuromorphic vision chip will have more than an edge over Akida once it will be ready to hit the market?
NimbleAI
Today only very light AI processing tasks are executed in ubiquitous IoT endpoint devices, where sensor data are generated and access to energy is usually constrained. However, this approach is not scalable and results in high penalties in terms of security, privacy, cost, energy consumption, and...www.hipeac.net
NimbleAI: Ultra-Energy Efficient and Secure Neuromorphic Sensing and Processing at the Endpoint
“Today only very light AI processing tasks are executed in ubiquitous IoT endpoint devices, where sensor data are generated and access to energy is usually constrained. However, this approach is not scalable and results in high penalties in terms of security, privacy, cost, energy consumption, and latency as data need to travel from endpoint devices to remote processing systems such as data centres. Inefficiencies are especially evident in energy consumption.
To keep up pace with the exponentially growing amount of data (e.g. video) and allow more advanced, accurate, safe and timely interactions with the surrounding environment, next-generation endpoint devices will need to run AI algorithms (e.g. computer vision) and other compute intense tasks with very low latency (i.e. units of ms or less) and energy envelops (i.e. tens of mW or less).
NimbleAI will harness the latest advances in microelectronics and integrated circuit technology to create an integral neuromorphic sensing-processing solution to efficiently run accurate and diverse computer vision algorithms in resource- and area-constrained chips destined to endpoint devices. Biology will be a major source of inspiration in NimbleAI, especially with a focus to reproduce adaptivity and experience-induced plasticity that allow biological structures to continuously become more efficient in processing dynamic visual stimuli.
NimbleAI is expected to allow significant improvements compared to state-of-the-art (e.g. commercially available neuromorphic chips), and at least 100x improvement in energy efficiency and 50x shorter latency compared to state-of-the-practice (e.g. CPU/GPU/NPU/TPUs processing frame-based video). NimbleAI will also take a holistic approach for ensuring safety and security at different architecture levels, including silicon level.”
What I find a little odd, though, is that this claim re expected superiority over “state-of-the-art (e.g. commercially available neuromorphic chips)“ doesn’t get any mention on the official Nimble AI website (https://www.nimbleai.eu/), in contrast to the expectation of “at least 100x improvement in energy efficiency and 50x shorter latency compared to state-of-the-practice (e.g. CPU/GPU/NPU/TPUs Processing Frame-based Video).”
Rolling NPUs in with CPUs and GPUs suggests to me they are talking about software implementations, probably involving MAC (multiply accumulate) operations, which would make the efficincy and latency figures possible.
Analog may provide some improvement over digital, but would encounter the accuracy problems inherent in the manufacturing process which would become more pronounced in multi-bit weights and actuations.
GraiMatter is digital:
https://www.graimatterlabs.ai/
The GrAI VIP edge AI processor is based on GML’s innovative NeuronFlow™ technology that combines high-precision 16-bit FP operations with sparse computing to produce massively parallel in-network processing at low power.
...
- Few ms inference latencies for audio and vision networks
- 20 times better power efficiencies compared to alternatives at high fidelity
- Uncompromising accuracy with 16-bit FP MACs
- 8mmx8mm compact package with memory included for best BOM
- Ready to use popular audio and vision networks for faster TTM
Their insistence that their 16-bit FP MAC processor is uncompromisingly accurate is misguided in that it is oblivious of N-of-M coding. In addition, it consumes much more power than Akida.
So if GraiMatter is Nimble AI's example of SOTA commercially available neuromorphic chips, it's not surprising that they think they can improve on its performance.
PS: A camel is a horse designed by a committee.
Launched in November 2022, the NimbleAI consortium now gathers 19 project partners from across Europe: Ikerlan, Barcelona Supercomputing Center, Menta, Universiteit Leiden, Codasip, GrAI Matter, University of Manchester, Consejo Superior De Investigaciones Científicas, Universitat Politècnica De València, Monozukuri, Politecnico Di Milano, CEA, IMEC, Raytrix Gmbh, AVL List, ULMA Medical Technologies, Viewpointsystems, Queen Mary University of London and Technische Universitat Wien.
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