BRN Discussion Ongoing

MrRomper

Regular
That was a good chat on the ASX.

Was a whole different feeling.
I would say you don't add sales people to places with out justified revenue or strong connections.
That was by far the best video/podcast (sorry Rob T) I have seen about Brainchip in a long time.

It wasn't that it was a sales pitch, full of positive spin or the dropping of teasers. It was an natural conversation on all Brainchip topics that I reguarly see here. Looking forward to the future of a 'Market Leader' in edge AI!
 
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Hey Dingo,

Thanks for that!
Did I hear Ken S correctly during his answer to a SH when he said only $3 million remaining?

The ASX announcement said they issued nearly 21m shares ($12.2m), so that remain 9m at todays price (less10%) would be about $3.2m.
Although we all know if they called the rest today we'd shave a chunk off our SP again.

Edit: this is obviously excluding the optional additional funding we can call upon.
Hey Damo, sorry I didn't attend or have seen footage of the AGM, so I don't know what that could be referring to..
 
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Damo4

Regular
As other have mentioned that was a fantastic podcast, probably the best one I have watched?
I think it's part Sean's confidence and obvious command, but I believe Noah is to thank as well.
It is clear he has a soft spot for BRN, but it's also extremely clear he understands BRN and Akida more than your average punter.
Sean even commends Noah for how well he already grasps the concepts.
The questions gave freedom for Sean to give both positive yet critical responses.

My favourite take away is the clarification on how the Akida generations are progressing.
I remember seeing a slide with the development expectations, and it's clear the management team are pivoting based on genuine customer and partner feedback.
We saw a few people suggest that Akida1 was a failure but Sean perfectly summarises why that's obviously not the case.

I believe he also hints that whilst Akida Gen 3 is only still in concept, that it's likely to be built with companies such as Megachips again to meet real world demand. We could find different technology added/modified in each iteration and I think this is perfectly poised with continuing patent applications and grants.

Also I enjoy that Sean said "7 digit, or multiple 7 digit fees" ($1m+), and that royalty checks are nearly 100% margin, which seems obvious but good to remember that COGS doesn't come into play per royalty.
 
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manny100

Regular
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.
This could be huge. All businesses will require Cyber protection. In fact we will as well to prevent our devices being infiltrated.
 
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Sean can do all the interviews he likes, the AGM was telling. Ultimately I am still in for the ride or die for BRN. But I am also free carrying so no skin in the game, really. But it’s gotta start making money. Everything else is just colour and flavour.
 
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buena suerte :-)

BOB Bank of Brainchip
As other have mentioned that was a fantastic podcast, probably the best one I have watched?
I think it's part Sean's confidence and obvious command, but I believe Noah is to thank as well.
It is clear he has a soft spot for BRN, but it's also extremely clear he understands BRN and Akida more than your average punter.
Sean even commends Noah for how well he already grasps the concepts.
The questions gave freedom for Sean to give both positive yet critical responses.

My favourite take away is the clarification on how the Akida generations are progressing.
I remember seeing a slide with the development expectations, and it's clear the management team are pivoting based on genuine customer and partner feedback.
We saw a few people suggest that Akida1 was a failure but Sean perfectly summarises why that's obviously not the case.

I believe he also hints that whilst Akida Gen 3 is only still in concept, that it's likely to be built with companies such as Megachips again to meet real world demand. We could find different technology added/modified in each iteration and I think this is perfectly poised with continuing patent applications and grants.

Also I enjoy that Sean said "7 digit, or multiple 7 digit fees" ($1m+), and that royalty checks are nearly 100% margin, which seems obvious but good to remember that COGS doesn't come into play per royalty.
Agreed Damo...... Noah is very well versed on BRN and as you say has a soft spot for us.

He interviews very well, he's always upbeat and has that permanent big smile on his dial :)

Great work Sean & Noah 👏👏👏 10/10
 
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Labsy

Regular
Don't want to jinx this but there's a real possibility we will be back in the 50's in 2 weeks... let's see
 
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Damo4

Regular
Sean can do all the interviews he likes, the AGM was telling. Ultimately I am still in for the ride or die for BRN. But I am also free carrying so no skin in the game, really. But it’s gotta start making money. Everything else is just colour and flavour.

Free-carrying is such a gamblers term.
You can pull that money out anytime, so there's no difference to "keeping" it in BRN or "buying" BRN.
I know it's just a term people use to feel comfortable about the risk of losing money, that they think is not theirs, but it it is.
 
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Geared

Emerged
I'm someone who reads the forums but haven't really ever listened to a podcast about BRN - i get all my info from here. I have to say after the AGM i was pretty flat as I have been for a few months. After taking the forums advice i have actually listened to the pod a couple of times I definitely feel comfortable again. Recommend this to anyone out there who was like me just reading forums and surface level news.
 

Deadpool

hyper-efficient Ai
Hey Damo, sorry I didn't attend or have seen footage of the AGM, so I don't know what that could be referring to..
Have you got a note from home for your absents.:)
 
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Diogenese

Top 20
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.

aiCTX is now known as Synsense. They worked with Prophesee (apparently with underwhelming results) before Prophesee found Akida.

They were originally Swiss, though they have strong Chinese links.

They use analog neurons.
 
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Cardpro

Regular
View attachment 37222



Surging demand for AI semiconductors has to be a good thing for us at some point. Right?
Well... there are heaps of media coverages indicating nvidia is dominating the market... best we have is the potential link to valeo, megachips and renesas... all the others are just our partners who pays peanuts (for now) or EAPs who constantly gave us great feedbacks and were excited to see oir next gen but never ended up putting money on where their mouth is... hopefully they will soon...
 
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Dang Son

Regular

BrainChip and CVEDIA Team to Advance State-of-the-Art Edge AI and Neuromorphic Computing​


Laguna Hills, Calif. – May 23, 2023 BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and CVEDIA, a leading provider of AI-based video analytics solutions, have entered into a partnership to advance the state-of-the-art in Edge AI and neuromorphic computing.
The focus of the partnership will be on the integration of the CVEDIA-RT platform for video analytics running on BrainChip’s Akida™ neuromorphic IP. The CVEDIA-RT platform enables rapid creation and development for video analytics for security and surveillance, transportation, ITS, and retail applications. By combining the two technologies, the companies can create and train AI models that are optimized for event-based processing and inference at the edge without relying on cloud connectivity or high-power consumption. This addresses some of the most challenging problems in edge AI, such as perception, cognition, security and privacy.
“We’re excited to partner with BrainChip to bring the benefits of CVEDIA-RT’s analytics to Akida enabled Edge AI devices enabling developers to scale much faster without needing the cloud,” said Arjan Wijnveen, CEO of CVEDIA. “Analyzing and tuning the complete solution at the edge, on the target platform that optimizes the applications and accelerates time to market, propels value added devices and services in AIoT.”
“From object detection to analytics to inference, CVEDIA-RT is a powerful application that simplifies deploying vision AI on hardware,” said Rob Telson, BrainChip Vice President of Ecosystem and Partnerships. “With CVEDIA, we progress on our mission to expand the deployment of AI solutions by enabling developers to rapidly and cost-effectively build and tune to new use cases.”
About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY)
BrainChip is the worldwide leader in edge AI on-chip processing and learning. The company’s first-to-market, fully digital, event-based AI processor, AkidaTM, uses neuromorphic principles to mimic the human brain, analyzing only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Akida uniquely enables edge learning local to the chip, independent of the cloud, dramatically reducing latency while improving privacy and data security. Akida Neural processor IP, which can be integrated into SoCs on any process technology, has shown substantial benefits on today’s workloads and networks, and offers a platform for developers to create, tune and run their models using standard AI workflows like Tensorflow/Keras. In enabling effective edge compute to be universally deployable across real world applications such as connected cars, consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor, is the future, for its customers’ products, as well as the planet. Explore the benefits of Essential AI at www.brainchip.com.
About CVEDIA
CVEDIA is the first computer vision solutions company to pioneer the use of synthetic data to eliminate both data and deployment bottlenecks in developing and deploying computer vision software. CVEDIA-RT is our AI software stack that comes pre-installed with dozens of video analytics and computer vision solutions. Easy to configure and customize to a variety of use-cases, even if you’re not a data scientist or developer, CVEDIA turns video into actionable data in easy to use system integrator-ready applications that are optimized to run on edge devices. For more information visit https://www.cvedia.com/
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
I thought the BRN + Nanose / Technion collab was dead... but new patent granted May 18th to Technion. It looks like false positives were the main hindrance (putting accuracy at about the same level as the lower band of WHO-acceptable accuracies as the ubiquitous Rapid Antigen Tests), hopefully they've got that sorted by now (although Covid 19 is so yesterday).

View attachment 37016

View attachment 37021

Within patent;

View attachment 37017

Strangely though, claims 1-48 have been cancelled. @Diogenese what does that mean and could it also explain the long time (>2 years) from application to publishing?

NanNose COO, Ilay Marom, post on Linkedin 6 months ago shows people from India looking to collaborate with NaNose Medical to bring NaNose Medical breath test to market.


Screen Shot 2023-05-25 at 11.27.23 am.png


Screen Shot 2023-05-25 at 11.37.41 am.png





 
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Dugnal

Member
I like this comment on USA Market Watch today.....

Nvidia CFO on record-breaking forecast: ‘The inflection point of AI is here’​

Published: May 24, 2023
 
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robsmark

Regular
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Esq.111

Fascinatingly Intuitive.
Good Afternoon Chippers,

Share Registry,

Boardroom Pty Ltd

As of yesterday.....

45,997 shareholders in Brainchip.

Regards,
Esq.
 
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Anyone have the link? I don't recall having seen this.

It was a video on YouTube from about 12 months ago by Valeo that’s mentions Brainchips Akida use cases.
 
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robsmark

Regular
Unbelievably good interview. Why couldn’t he present like that at the AGM? Many many questions answered here.
Listening to this again, around the 3 minute mark Sean says "Over the past year we've greatly expanded our commercial team, we now have people in Japan, Korea, Europe, soon to be Israel..."

Israel is an interesting one as I don't believe we've heard this before? A quick Google for Israel tech companies reveals the following:

Many Israeli high-tech companies are based in the region, including Zoran Corporation, CEVA, Inc., Aladdin Knowledge Systems, Mellanox, NICE Systems, Horizon Semiconductors, RAD Data Communications, RADWIN, Radware, Tadiran Telecom, Radvision, Check Point Software Technologies, Amdocs, Babylon Ltd., Elbit, Israel Aerospace Industries and the solar thermal equipment designer and manufacturer Solel, with most of them being listed on the NASDAQ, which even has an Israel Index. Intel developed its dual-core Core Duo processor at its Israel Development Center located at the Merkaz Ta'asiya ve'Meida (Matam – Scientific Industries Center) in the city of Haifa. (Source - Wikipedia).

- Horizon Semiconductors (Have these been unearthed by the 1000 eyes yet?)
- Intel (That name again...)
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
Listening to this again, around the 3 minute mark Sean says "Over the past year we've greatly expanded our commercial team, we now have people in Japan, Korea, Europe, soon to be Israel..."

Israel is an interesting one as I don't believe we've heard this before? A quick Google for Israel tech companies reveals the following:

Many Israeli high-tech companies are based in the region, including Zoran Corporation, CEVA, Inc., Aladdin Knowledge Systems, Mellanox, NICE Systems, Horizon Semiconductors, RAD Data Communications, RADWIN, Radware, Tadiran Telecom, Radvision, Check Point Software Technologies, Amdocs, Babylon Ltd., Elbit, Israel Aerospace Industries and the solar thermal equipment designer and manufacturer Solel, with most of them being listed on the NASDAQ, which even has an Israel Index. Intel developed its dual-core Core Duo processor at its Israel Development Center located at the Merkaz Ta'asiya ve'Meida (Matam – Scientific Industries Center) in the city of Haifa. (Source - Wikipedia).

- Horizon Semiconductors (Have these been unearthed by the 1000 eyes yet?)
- Intel (That name again...)

Israel = NaNose (Israel Institute of Technology)
 
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