'Several active customers elected to defer their evaluation of BrainChip’s technology until after the expected release of Akida 2.0 in August 2023'.
So what exactly does this statement from Antonio really mean. It appears to me that no evaluation was done by these companies and that said evaluation will only begin when they get their hands on Gen2. If the usual design cycle is 3 to 4 years then products from this particular cohort of customers will not appear for ages. Have they not been playing around with Akida1000 with the view of incorporating Gen2 quickly into a product range?
Is AKIDA actually groundbreaking? 3 things need to happen over the next month 1. Mercedes confirmation that AKIDA is in their next EV's. 2. Valeo confirmation that we are in Scala 3 and 3. Release of Gen2 and confirmation that specific customer requests have been addressed in this release and that product development is underway to incorporate it.
If by some miracle each of these events come to pass over the next month then we will see a significant re-rate. If none of them happen then I doubt AKIDA is actually a viable solution for the current commercial market. IMO this is a binary outcome that will play out very soon.
So what exactly does this statement from Antonio really mean. It appears to me that no evaluation was done by these companies and that said evaluation will only begin when they get their hands on Gen2. If the usual design cycle is 3 to 4 years then products from this particular cohort of customers will not appear for ages. Have they not been playing around with Akida1000 with the view of incorporating Gen2 quickly into a product range?
Is AKIDA actually groundbreaking? 3 things need to happen over the next month 1. Mercedes confirmation that AKIDA is in their next EV's. 2. Valeo confirmation that we are in Scala 3 and 3. Release of Gen2 and confirmation that specific customer requests have been addressed in this release and that product development is underway to incorporate it.
If by some miracle each of these events come to pass over the next month then we will see a significant re-rate. If none of them happen then I doubt AKIDA is actually a viable solution for the current commercial market. IMO this is a binary outcome that will play out very soon.