BRN Discussion Ongoing

buena suerte :-)

BOB Bank of Brainchip
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Brilliant .... Great interview with the ASX investor (good to see him again) ... Sean spoke very well and answered questions with great fluidity ... very happy with his responses. Thanks for posting @alwaysgreen 👏👏👏
 
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FJ-215

Regular
Here it is


Thanks AG,

Only half way through but just had to say, that is one seriously looking, highly stressed dude. Get that man to a golf course, stat. Followed by a decent lunch and an amble supply of quality Australian Red.

Yep, crap first year.

I don't know what the AGM message was meant to be.....seemed a mix of bad economics, bad marketing and poor product????

Shit........
 
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Terroni2105

Founding Member
Well written, I really like the idea of board members (non-executive) each addressing the shareholders and explaining how they are contributing. When I think about it that should really be a given that it does happen. I have made a note for myself to ask for this at the next AGM.


edit: this was in reply to OutbackJohn post but it didn’t seem to link
Post in thread 'BRN Discussion Ongoing'
https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-300622
 
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alwaysgreen

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The last comment. Let's get a couple of licenses over the line over the next 12 months.

Yes You Can GIF by ION
 
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Some quotes or excerpts from the interview.

- We are highly confident that revenue will be coming across the line in the future. Not 12 months. Not 3-5 years but somewhere in between.

So 2 years for any decent revenue.

- Funding: We are examining all options.

Sounds like a cap raise incoming.
I think the reference to revenue and the timing should be more in context of the message given.

Revenue was referred to in the first instant as continuing to be lumpy. The second instance was referred to as a cadence of income or fluidity (regular flow). This was where the somewhere in between comment was. So….we could possibly see revenue sooner (lumpy) and later, but a regular flow and exponential growth of income is somewhere between 12 months and 3 to 5 years. That’s my take.
 
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alwaysgreen

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I think the reference to revenue and the timing should be more in context of the message given.

Revenue was referred to in the first instant as continuing to be lumpy. The second instance was referred to as a cadence of income or fluidity (regular flow). This was where the somewhere in between comment was. So….we could possibly see revenue sooner (lumpy) and later, but a regular flow and exponential growth of income is somewhere between 12 months and 3 to 5 years. That’s my take.
Yeah that is why I said "decent" revenue. Licenses are required but royalties are where we will make consistent, high margin revenue.
 
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Yeah that is why I said "decent" revenue. Licenses are required but royalties are where we will make consistent, high margin revenue.
Well, depends on your perspective. I would think $7 to $10 million over the next 12 months in lumps would be decent.

But, yes, we all would prefer regular flow of royalties, and a decent amount of course.
 
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Xhosa12345

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Some quotes or excerpts from the interview.

- We are highly confident that revenue will be coming across the line in the future. Not 12 months. Not 3-5 years but somewhere in between.

So 2 years for any decent revenue.

- Funding: We are examining all options.

Sounds like a cap raise incoming.
Super loose numbers:

24m burn per year
17m in bank
So need 8m in lumpy Revenue in a year to break even (obviously not counting any lda capital addional draw down)

How much more from lda available?

Hopefully enough to get to the 2 year point at the above burn rate before the material streams Hopefully commence

Ill check in more detail the cash and projections, im on my phone atm its hard
 
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Boab

I wish I could paint like Vincent
Brilliant .... Great interview with the ASX investor (good to see him again) ... Sean spoke very well and answered questions with great fluidity ... very happy with his responses. Thanks for posting @alwaysgreen 👏👏👏
I enjoyed when he spoke about the Board and how they were tough and keeping him on target or words to that effect.
As share holders I believe this world class board has our backs.
Good interview and he is much more at ease when he is not reading his own words.
I wonder why else he was in Melbourne?
 
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Yoda

Regular
Here it is


I just watched the ASX Investor interview with Sean Hehir - just out on YouTube - it was a great interview. Noah from the ASX Investor is so knowledgeable about BRN and Akida that he asks all the right questions that informed shareholders want answered. As a result, it was a great platform for Sean to answer those questions and I thought he did very well with some very encouraging responses. It was just the interview that was needed at this time. The interview left me feeling excited again about the future of the company and the product. If you haven't seen it, it is a must watch. Success is coming . . .
 
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Mt09

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Edge Impulse at it......

 
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Mt09

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The Pope

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I enjoyed when he spoke about the Board and how they were tough and keeping him on target or words to that effect.
As share holders I believe this world class board has our backs.
Good interview and he is much more at ease when he is not reading his own words.
I wonder why else he was in Melbourne?
As FYI after Melbourne today, Sean is off to Perth then to Japan and then to Europe. I spoke to him for a few minutes not long after the AGM had finished.
 
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Super loose numbers:

24m burn per year
17m in bank
So need 8m in lumpy Revenue in a year to break even (obviously not counting any lda capital addional draw down)

How much more from lda available?

Hopefully enough to get to the 2 year point at the above burn rate before the material streams Hopefully commence

Ill check in more detail the cash and projections, im on my phone atm its hard
Your "17m in bank" (USD) doesn't include the 12.2 million (AUD) received from the recent LDA capital call...

There is still a further, roughly 10m shares for capital call before the end of the year (as well as an option for an additional 10 million shares).

So I think you are overstating BrainChip needs for more funding, at least at this point.
 
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Here it is


Great interview.

Loved the part about BrainChip's goal to not just be a participant, but one of the 2 or 3 major players, of the Edge A.I. Market, once it has matured.

Along with the appropriate market capitalisation, for such a position.

Sean still has lofty goals it seems 😉
 
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Reading the recent article below from Datanami highlights to me the importance of the Quantum Ventura relationship.

Interestingly, the article refers to Sandia Labs collaboratively developing this particular NPU.

Who runs Sandia?

R&D division of the DOE.

The Quantum Ventura and Brainchip collaboration on CyberNeuro-RT is also part of a project by the DOE.

F#&K these stupid DOTs :ROFLMAO:


“Neuromorphic computing is an ideal technology for threat detection because of its small size and power, accuracy, and in particular, its ability to learn and adapt, since attackers are constantly changing their tactics,” said Srini Vasan, President and CEO of Quantum Ventura Inc. “We believe that our solution incorporating BrainChip’s Akida will be a breakthrough for defending against cyber threats and address additional applications as well.”

“This project with the Department of Energy offers an ideal opportunity to demonstrate how Akida opens up new possibilities in cybersecurity, including the ability to run complex AI algorithms at the edge, reducing the dependency on the cloud,” said Rob Telson, Vice President of Ecosystems & Partnerships at BrainChip. “We are excited about the progress that Quantum Ventura are making with BrainChip in this project which is extremely vital to the safety of the nation’s infrastructure.”


May 1, 2023

How Neuromorphic Processing and Self-Searching Storage Can Slash Cyber Risk for Federal Agencies​

David Follett
data_center_shutterstock_Stuart-Miles-300x188.jpg

(Stuart Miles/Shutterstock)

The amount of information organizations must process at the edge has exploded.

This is especially true for federal agencies and the military, which generate enormous quantities of data from mobile devices and sensors in equipment, buildings, ships, aircraft, and more.

Finding effective ways to manage, use, and protect that data is challenging. But there’s an effective and cost-efficient solution. The combination of neuromorphic processing and self-searching computational storage can enable organizations to quickly process vast troves of edge data.

The Edge Data Dilemma

Edge data can provide insights that enables more effective core missions. Trouble is, the compute and network infrastructure needed to handle that data hasn’t kept up. Organizations lack the compute power to process the data at the edge, and they lack the network bandwidth to transmit the data to a centralized location where they have processing power.

Traditional computing technology takes up too much space and generates too much heat to be useful at the edge.

Traditional network technology can’t move extremely large quantities of data over long distances at useful speeds. As one example, the average U.S. Navy ship produces petabytes of data from crew, operational systems, weapons systems, and communications. For many use cases, that data can’t be processed till the ship has docked.

The Cyber Advantage

Agencies must not only find effective ways to manage data, they also need to protect their assets from cyber threats.

Today, cybersecurity teams must sift through enormous quantities of data when responding to cyberattacks. To uncover anomalies and home in on root causes, they need to search large datasets from access logs and security information and event management (SIEM) systems. They also need to complete that task in as near real time as possible to prevent a mission-disrupting cyber breach. But to date, they’ve lacked an effective compute and storage solution to achieve that goal at the edge.



(Rapeepat-Pornsipak/Shutterstock)
A new report from Cyberedge found that 68% of government agencies faced a cyberattack in 2021, underlying the need for agencies to find innovative solutions for data protection in case of an attack. Active response capacity can be critical when responding to a cyber incident, substantially reducing cyber risk and protecting the mission by quickly finding the data and alerting analysts in real time.

The Power of Neuromorphic Processing

It would be helpful if computers functioned more like the human brain. A human can look at a field of thousands of yellow flowers and instantly spot the single red flower. A computer needs to process each flower individually until it can find the anomaly.

That’s because the brain has been fine-tuned over eons of evolution to perform specific tasks very well. And it does so while consuming remarkably little energy.
But what if, like the brain, a computer could perform a specific task very quickly while requiring very little power? That’s the promise of a neuromorphic processor – essentially, a computer modeled after systems in the brain.

Here’s how neuromorphic processing can transform cyber risk at the edge. Start with a neuromorphic processing unit (NPU) built on a high-end field-programmable gate array (FPGA) integrated circuit customized to accelerate key workloads. Add a few dozen terabytes of local SSD storage. The result is an NPU-based, self-searching storage appliance that can perform extremely fast searches of very large datasets – at the edge and at very low power.

Just how quickly can NPU technology search a large dataset? Combine multiple NPU appliances in a rack, and you can search 1 PB of data in about 12 minutes. To achieve that result with traditional technology, you’d need 62 server racks – and a very large budget. In testing, the NPU appliance rack requires 84% lower CapEx, 99% lower OpEx, and 99% less power.



Imagine the advantage of searching a petabyte of data in minutes when responding to a situation like the Sunburst hack. Affecting at least 200 organizations–including government departments such as Defense, Homeland Security, Treasury, Commerce, and Justice–the Sunburst hack began around March 2020 but wasn’t discovered until December 2020. Agencies had to search at least nine months of data to determine where breaches occurred, current breach activity, and which systems, networks, and data were affected.

Neuromorphic processing and self-searching storage can slash incident response times in situations like this. That can save costs, accelerate incident resolutions, and reduce cyber risk.

Making the Use Case for NPU Appliances

The NPU search technology was developed in collaboration with Sandia National Laboratories, an R&D lab of the Department of Energy. Today Sandia is actively using multiple NPU systems for cyber defense and other use cases.

One compelling aspect of am NPU appliance is that it can help organizations comply with President Biden’s May 2021 Executive Order on Improving the Nation’s Cybersecurity. In response to the order, the Office of Management and Budget issued a directive requiring agencies to retain 12 months of active data storage and 18 months of cold data storage. For many agencies, that presents a serious budgetary challenge. Am NPU appliance can make such data retention cost-effective.

What’s more, deployment of NPU appliance storage requires no changes to an organization’s current IT infrastructure or cyber defenses. The appliance simply sits alongside existing hardware and cybersecurity solutions. Searching of large datasets occurs at the edge. Any small quantities of relevant data identified can quickly and easily be transmitted for centralized analysis.

There are other potential use cases for an NPU appliance. For instance, one Fortune 50 company used the technology for data labeling to train a machine learning algorithm. The organization reduced the time required from one month to 22 minutes. In the meantime, for federal agencies and the military, neuromorphic processing and self-searching storage is an achievable, cost-effective solution for protecting sensitive data and slashing cyber risk at the edge.
https://www.datanami.com/wp-content/uploads/2023/05/david-follett.png

About the author: David Follett is the founder and CEO of Lewis Rhodes Labs. David is a senior technology executive with 30 years of experience in semiconductors, optics, computer architecture and neuroscience. He started his career at Bell Labs Murray Hill and was the founder and CEO of GigaNet, a networking start-up that invented virtualized interfaces, ultimately evolving into Infiniband.
 
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Get a mention with the "titans"...though prefer to not be called a startup but guess in reality till we have solid recurring revenue, it's probs reasonably fair.


Neuromorphic Computing Market: Unleashing the Power of AI’s Evolution​


BySonia Javadekar

MAY 22, 2023
Neuromorphic Computing

Introduction

Welcome to the realm where science fiction meets reality, where machines strive to replicate the wonders of the human brain. Enter neuromorphic computing, a game-changing field that seeks to revolutionize artificial intelligence as we know it. In this blog, we embark on a mind-bending journey into the fascinating world of the neuromorphic computing market, exploring its awe-inspiring concepts, market trends, and transformative potential.

The Birth of a New Intelligence

Imagine a future where machines possess the cognitive prowess to learn, adapt, and process information like the human brain. Neuromorphic computing, inspired by neuroscience, is the key that unlocks this potential. By replicating the brain’s architecture and implementing parallel processing and event-driven computation, it sets the stage for a new era of intelligent machines.

The Neuromorphic Computing Market: An Explosion of Possibilities

The market was valued at USD 5.25 billion in 2023 and is expected to grow at a CAGR of 21.1%, generating a revenue of USD 29.54 billion by 2032. This technological wave shows no signs of slowing down.

Riding the Wave

Let’s explore the forces propelling neuromorphic computing to the forefront of innovation:

AI Applications: From healthcare and finance to autonomous vehicles and robotics, the demand for advanced AI capabilities continues to surge. Neuromorphic computing steps up to the plate, offering highly efficient and low-power systems capable of easily tackling complex AI tasks.

Edge Computing: Enter the era of edge computing, where real-time processing and reduced latency are paramount. Neuromorphic computing’s ability to process data on edge and its mind-boggling parallelism create a perfect synergy, empowering lightning-fast response times.

Also Read: Manga Market: A Japanese Comic Books
Energy Efficiency: The battle against power consumption heats up as traditional computing architectures struggle to keep up. But fear not, as neuromorphic computing shines brightly in this arena. By leveraging event-driven processing, it optimizes energy usage, championing the cause for greener and more sustainable computing solutions.

Titans of Innovation

Giants like Intel, IBM, and Qualcomm lead the charge, pouring their resources into research and development to bring neuromorphic technologies to life. Startups such as BrainChip and aiCTX are making waves with their cutting-edge hardware and software solutions, pushing the boundaries of what’s possible.

A Glimpse into the Future: Endless Possibilities

  • Smart Cities and Infrastructure: Imagine intelligent cities where energy grids, transportation systems, and infrastructure seamlessly adapt and optimize themselves, making our lives easier and more sustainable. This is possible through neuromorphic computing.
  • Healthcare and Biotechnology: Brace yourself for medical breakthroughs as neuromorphic computing opens the door to advanced diagnostics, personalized medicine, and superhuman prosthetics.
  • Creative Industries: Art, music, and literature will never be the same as neuromorphic systems embrace their inner Picasso, composing symphonies and penning poetry that rivals the greats.
  • Automotive Industry: Neuromorphic computing drives the automotive industry towards a revolution. Picture vehicles with enhanced intelligence enable them to navigate complex traffic scenarios, make split-second decisions, and communicate seamlessly with their surroundings.
  • Defense and Military Applications: Neuromorphic computing empowers intelligent systems that can analyze vast amounts of data in real-time, detect patterns, and make accurate predictions. From autonomous drones that can navigate complex environments to advanced threat detection systems, integrating neuromorphic computing will revolutionize military capabilities and ensure enhanced national security.

Conclusion

In conclusion, neuromorphic computing stands poised to redefine the boundaries of artificial intelligence. With its ability to replicate the architecture and functionality of the human brain, this remarkable technology offers unparalleled computational power, energy efficiency, and AI capabilities. As the global neuromorphic computing market continues to thrive, industries across the board will witness transformative changes.
 
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charles2

Regular
Brilliant .... Great interview with the ASX investor (good to see him again) ... Sean spoke very well and answered questions with great fluidity ... very happy with his responses. Thanks for posting @alwaysgreen 👏👏👏
Recommend keeping this interview in your medicine cabinet and replaying when necessary.
 
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