BRN Discussion Ongoing

[Rskiff]

I don't use any social media platforms (unless this is classified as social media) therefore I love the research and information that gets put up here but I do wish something came in the way of an ASX announcement because if it wasn't for this site I would only find out 4 times a year how bad out financials look.

I hope the royalties start pouring in before a capital raise is needed cause I can't afford to join in on it even at the low share price we have now.

Based on where I see this company right now I feel we are about 1 year behind where I thought we would be. I don't know a thing about our patents but I really hope they are airtight to keep other companies chasing.

If people think the announcement of version 2 is going to help I believe it might be more of a pump and dump since there is no monetary value attached to it.

Just my random thoughts for the day.
Have a great weekend.

Hi @Flenton, yes this forum can be very informative, but I would also suggest if you want to follow what the company is doing, then keep an eye on https://investors.brainchip.com/news
There is way more than just 4 ASX announcements that you say keeps market informed there.

 

[Flenton]

Hi @Flenton, yes this forum can be very informative, but I would also suggest if you want to follow what the company is doing, then keep an eye on https://investors.brainchip.com/news
There is way more than just 4 ASX announcements that you say keeps market informed there.

Cheers for the link.
The ASX remark was a little understatement and I will pay more attention to that page for now on.

 

[Schnitzel lover]

In my opinion it is a mistake to view the slow uptake of a nascent technology as poor management. BrainChip has a very experienced management for semiconductor commercialisation. No one can predict how long the world will take to turn on the nueromorphic tap. BrainChip have made things as easy as possible for this tap to be turned by making Akida work with conventional algorithms - this is crucial to their success.. but still it is taking longer than anyone including those in management could have foreseen. I for one am getting tired of reading whinging posts about managements performance. I agree with many that the most they are guilty of is improving communication with SHs, but on the business side I don’t see any inadequacy. If we let the SP dictate our sentiment then we will never have enough patience to hold for long enough to reap success. Is the company in a better position commercially than they were when the SP was $2.34? Yes absolutely they are. Would anyone here disagree with that statement? If you can’t disagree then you may need to admit to yourselves that the SP action needs to be decoupled from anything the company is doing. I’m hurting like everyone here. I could have made millions if I had sold out rather than just a 100k when the price was $2.13.. now I have a liquidity problem - which I intend to solve without selling down a single share. I still own as many shares as I’ve ever owned and do a little trading (of 5-10%) to make ends meet and I intend to continue doing that until the ducks really line up and we see the sustained success that we all deserve to see. It just gets up my clacker the amount of bagging directed at managements performance. Could any here doing the bagging do any better? Could anyone name replacements for management after a second strike who could actually do a better job? If you can then let’s hear of them. AIMO.

Is their technology actually any good? And if yes, how can it proved at present? The proof is in the pudding, and there’s actually no visible pudding.

Most of these posts are just stating the obvious that they feel misled and misguided by management based on years of promises and hype.

How do you know the company is in a better position than at its highest valuation? You’re basing that assumption on the fact they have the best technology that it’s only a matter of time will make market penetration.. Is it really ? There’s no evidence to conclusively say that the technology is that good.

In my opinion management are responsible for statements regarding the technological lead in this industry, and have done so for multiple years.. But that is not matched with any revenue confirmation, and therefore unless and until there is evidence of that, I consider Brainchip an unproven AI meme company that has no market penetration and is over-valued. Even at this 90% below ATH valuation.

The reason Brainchip is so cautious to release any news to the market is because they’ve been red flagged for their history of over promising and delivering no meaningful revenue relative to their market valuation.

So how would any investor know if Brainchips technology is as good as is purported? If it’s so good, why has no bigger established player already bought them out, let alone made an offer to do so?

The cold reality is whether fair or not, this Gen 2 release will be judged by the market as a failure if management can’t show anything tangible of market sales, penetration or new licensing by the next AGM.. And management will be judged accordingly.. After all, if it is that good, will there not be experienced tech industry experts lining up to take a position as new management in Brainchip? Or is current management the best in the industry?

AIMO but seriously how long is a piece of string with this company. Show me the results and I’ll gladly shout out how wrong this post is..

 

[Rise from the ashes]

Is their technology actually any good? And if yes, how can it proved at present? The proof is in the pudding, and there’s actually no visible pudding.

Most of these posts are just stating the obvious that they feel misled and misguided by management based on years of promises and hype.

How do you know the company is in a better position than at its highest valuation? You’re basing that assumption on the fact they have the best technology that it’s only a matter of time will make market penetration.. Is it really ? There’s no evidence to conclusively say that the technology is that good.

In my opinion management are responsible for statements regarding the technological lead in this industry, and have done so for multiple years.. But that is not matched with any revenue confirmation, and therefore unless and until there is evidence of that, I consider Brainchip an unproven AI meme company that has no market penetration and is over-valued. Even at this 90% below ATH valuation.

The reason Brainchip is so cautious to release any news to the market is because they’ve been red flagged for their history of over promising and delivering no meaningful revenue relative to their market valuation.

So how would any investor know if Brainchips technology is as good as is purported? If it’s so good, why has no bigger established player already bought them out, let alone made an offer to do so?

The cold reality is whether fair or not, this Gen 2 release will be judged by the market as a failure if management can’t show anything tangible of market sales, penetration or new licensing by the next AGM.. And management will be judged accordingly.. After all, if it is that good, will there not be experienced tech industry experts lining up to take a position as new management in Brainchip? Or is current management the best in the industry?

AIMO but seriously how long is a piece of string with this company. Show me the results and I’ll gladly shout out how wrong this post is..

My string has been strung along for 8 years long
But can I give you a little friendly kick in the nuts when results holders have been waiting and waiting for. Show up

 

[BaconLover]

Is their technology actually any good? And if yes, how can it proved at present? The proof is in the pudding, and there’s actually no visible pudding.

Most of these posts are just stating the obvious that they feel misled and misguided by management based on years of promises and hype.

How do you know the company is in a better position than at its highest valuation? You’re basing that assumption on the fact they have the best technology that it’s only a matter of time will make market penetration.. Is it really ? There’s no evidence to conclusively say that the technology is that good.

In my opinion management are responsible for statements regarding the technological lead in this industry, and have done so for multiple years.. But that is not matched with any revenue confirmation, and therefore unless and until there is evidence of that, I consider Brainchip an unproven AI meme company that has no market penetration and is over-valued. Even at this 90% below ATH valuation.

The reason Brainchip is so cautious to release any news to the market is because they’ve been red flagged for their history of over promising and delivering no meaningful revenue relative to their market valuation.

So how would any investor know if Brainchips technology is as good as is purported? If it’s so good, why has no bigger established player already bought them out, let alone made an offer to do so?

The cold reality is whether fair or not, this Gen 2 release will be judged by the market as a failure if management can’t show anything tangible of market sales, penetration or new licensing by the next AGM.. And management will be judged accordingly.. After all, if it is that good, will there not be experienced tech industry experts lining up to take a position as new management in Brainchip? Or is current management the best in the industry?

AIMO but seriously how long is a piece of string with this company. Show me the results and I’ll gladly shout out how wrong this post is..

Ideal scenario would be an IP contract along with the Gen2 Ann.
That should be a sight to watch.
Along with short covering, we'd have sold out investors buying back.
I agree with your assessment of "company is in the best position ever". It's easy for investors who're already in to have confirmation bias, but market is the ultimate judge.
When BRN brings in results, market will judge us accordingly.

 

[chapman89]

Is their technology actually any good? And if yes, how can it proved at present? The proof is in the pudding, and there’s actually no visible pudding.

Most of these posts are just stating the obvious that they feel misled and misguided by management based on years of promises and hype.

How do you know the company is in a better position than at its highest valuation? You’re basing that assumption on the fact they have the best technology that it’s only a matter of time will make market penetration.. Is it really ? There’s no evidence to conclusively say that the technology is that good.

In my opinion management are responsible for statements regarding the technological lead in this industry, and have done so for multiple years.. But that is not matched with any revenue confirmation, and therefore unless and until there is evidence of that, I consider Brainchip an unproven AI meme company that has no market penetration and is over-valued. Even at this 90% below ATH valuation.

The reason Brainchip is so cautious to release any news to the market is because they’ve been red flagged for their history of over promising and delivering no meaningful revenue relative to their market valuation.

So how would any investor know if Brainchips technology is as good as is purported? If it’s so good, why has no bigger established player already bought them out, let alone made an offer to do so?

The cold reality is whether fair or not, this Gen 2 release will be judged by the market as a failure if management can’t show anything tangible of market sales, penetration or new licensing by the next AGM.. And management will be judged accordingly.. After all, if it is that good, will there not be experienced tech industry experts lining up to take a position as new management in Brainchip? Or is current management the best in the industry?

AIMO but seriously how long is a piece of string with this company. Show me the results and I’ll gladly shout out how wrong this post is..

You think companies like Renesas ARM Edge Impulse Mercedes TATA NASA would put their reputation on the line??

Calling it a “unproven meme stock “ when it’s been proven in proof of concepts with tier ones and licensed by tier ones is a major overstatement.

The time it takes to bring to market is 2-4 years, not overnight and this is what shareholders need to understand, otherwise invest in the banks or somewhere else!

It was only in the last 2 weeks that TATA, a $300 Billion Aussie dollar company just came out and said-

“ Tata Elxsi’s partnership with BrainChip will be driving Akida™ technology into medical devices and industrial applications by leveraging BrainChip’s first-to-market, fully digital, neuromorphic technology to provide intelligent, low-power solutions to these demanding target markets”

Notice it says “will be driving akida technology into medical and industrial devices”

Notice it doesn’t say evaluate!!!
When will people actually understand this, just because it isn’t a “material contract” doesn’t mean it won’t be material in the long run.
These are clearly joint developments and @Diogenese has explained many times!

 

[Townyj]

Is their technology actually any good? And if yes, how can it proved at present? The proof is in the pudding, and there’s actually no visible pudding.

Most of these posts are just stating the obvious that they feel misled and misguided by management based on years of promises and hype.

How do you know the company is in a better position than at its highest valuation? You’re basing that assumption on the fact they have the best technology that it’s only a matter of time will make market penetration.. Is it really ? There’s no evidence to conclusively say that the technology is that good.

In my opinion management are responsible for statements regarding the technological lead in this industry, and have done so for multiple years.. But that is not matched with any revenue confirmation, and therefore unless and until there is evidence of that, I consider Brainchip an unproven AI meme company that has no market penetration and is over-valued. Even at this 90% below ATH valuation.

The reason Brainchip is so cautious to release any news to the market is because they’ve been red flagged for their history of over promising and delivering no meaningful revenue relative to their market valuation.

So how would any investor know if Brainchips technology is as good as is purported? If it’s so good, why has no bigger established player already bought them out, let alone made an offer to do so?

The cold reality is whether fair or not, this Gen 2 release will be judged by the market as a failure if management can’t show anything tangible of market sales, penetration or new licensing by the next AGM.. And management will be judged accordingly.. After all, if it is that good, will there not be experienced tech industry experts lining up to take a position as new management in Brainchip? Or is current management the best in the industry?

AIMO but seriously how long is a piece of string with this company. Show me the results and I’ll gladly shout out how wrong this post is..

Hype..?? You should be calling MB out on the Hype, or instos causing the massive MB rise and emptying peoples pockets. Other than that there have been a few comments like tip of the iceberg or watch the financials etc. These were obviously premature, but i don't see them as "Hype". Things can be miss called. The company has not put out ASX Releases to actually Hype or Pump the SP.

We are basically where Lithium was until it burst onto the market a few years ago. AI/Edge is being thrown around and its seeping into peoples/companies minds.

Also if the tech was shit, we wouldn't be linked up with Intel/Arm/SiFive etc, they would of just walked away happily. So there is plenty of pudding right there. I'm not sure why you would have bought in without researching this information first..??

You sound like a MF subscriber punching out the, "Why haven't we had a buyout nonsense" Not all tech companies are bought at a low Networth.. It can work either way.

 

[AusEire]

I'm not sure why you have bought in without researching this information first..??

This is actually an easy question to answer.

Moon Soon, Lambo Soon.

 

[Rise from the ashes]

This is actually an easy question to answer.

Moon Soon, Lambo Soon.

Wen?
Ok anyone here use Westpac online investing?

 

[AusEire]

Wen?
Ok anyone here use Westpac online investing?

I do

 

[jla]

Wen?
Ok anyone here use Westpac online investing?

Me to.

 

[skutza]

Building on this ...

Tata, one of the most trusted corporate companies in India, and the 2nd largest, have been working on Neuromorphic computing, and Spiking Neural Networks, for several years.

View attachment 45332

There have been several white papers released by TCS scientists, such as

Creating Futuristic Edge Systems with Neuromorphic Computing

As AI techniques on classical processor architecture become a concern, explore neuromorphic computing to create futuristic systems with intelligence at the edge.

www.tcs.com

Some key scientists at TCS even have in built into their work title !

Sounak Dey
Senior Scientist, Neuromorphic Computing and Spiking Neural Network, TCS Research

And this forum has direct evidence of Akida being used in the development of various projects within TCS

Such as the ECG classifier for Wearable edge devices, published 10 months ago.

; View attachment 45333
We must also remember this LinkedIn commentary from 10 months ago

View attachment 45334
View attachment 45335

In response to a post by TCS on Neuromorphic Computing coupled with Spiking Neural Networks, our own Jesse Chapman got involved and made a comment about BrainChip to Arijit Mukherjee, TCS principal scientist.

Arijit's response :

Jesse : " Brainchip very far ahead of all companies working on neuromorphic, be interesting to see the adoption of neuromorphic architecture through their partners"

Arijit : " We have worked very closely and will continue to do so "

This is not dot joining , 10 months ago it was stated by TCS that they had been working very closely with BrainChip .
and recently they have taken this to the next level via the Tata Elxsi partnership.

The second biggest company in India is right behind creating commercial value via neuromorphic compute coupled with spiking neural networks using BrainChip as a partner.

The recent SP drop I see as more than our own "Black Swan" event manufactured by market manipulators.
But on the back of this Tata relationship alone, I have used this SP drop as an unexpected "opportunity" to increase my holding.

Please DYOR and this is not financial advice.

So if that was 10 months ago. They'll have a chance of having it on product 18'24 months, then possible sales so we might see some lumpy sales 24-36mths? (-10 months of course)

 

[Quiltman]

So if that was 10 months ago. They'll have a chance of having it on product 18'24 months, then possible sales so we might see some lumpy sales 24-36mths? (-10 months of course)

I actually expect to see commercial products in 2024, perhaps 1st half 2024.

It was almost 4 years ago we announced this joint demonstration with Tata, which in turn would mean BrainChip was working with TCS sometime before this announcement.

In other words, Tata & BrainChip have been working together for at least 5 years.

I suspect now that a commercial arrangement has been announced (ie. " partnership " ), commercial products will materialise relatively quickly, as the groundwork has already been done.

 

[wilzy123]

I do

Cool story

 

[Schnitzel lover]

My string has been strung along for 8 years long
But can I give you a little friendly kick in the nuts when results holders have been waiting and waiting for. Show up

Absolutely

 

[Schnitzel lover]

You think companies like Renesas ARM Edge Impulse Mercedes TATA NASA would put their reputation on the line??

Calling it a “unproven meme stock “ when it’s been proven in proof of concepts with tier ones and licensed by tier ones is a major overstatement.

The time it takes to bring to market is 2-4 years, not overnight and this is what shareholders need to understand, otherwise invest in the banks or somewhere else!

It was only in the last 2 weeks that TATA, a $300 Billion Aussie dollar company just came out and said-

“ Tata Elxsi’s partnership with BrainChip will be driving Akida™ technology into medical devices and industrial applications by leveraging BrainChip’s first-to-market, fully digital, neuromorphic technology to provide intelligent, low-power solutions to these demanding target markets”

Notice it says “will be driving akida technology into medical and industrial devices”

Notice it doesn’t say evaluate!!!
When will people actually understand this, just because it isn’t a “material contract” doesn’t mean it won’t be material in the long run.
These are clearly joint developments and @Diogenese has explained many times!

Proof will be in the pudding Chapman..

 

[Rise from the ashes]

Proof will be in the pudding Chapman.

 

[Schnitzel lover]

Hype..?? You should be calling MB out on the Hype, or instos causing the massive MB rise and emptying peoples pockets. Other than that there have been a few comments like tip of the iceberg or watch the financials etc. These were obviously premature, but i don't see them as "Hype". Things can be miss called. The company has not put out ASX Releases to actually Hype or Pump the SP.

We are basically where Lithium was until it burst onto the market a few years ago. AI/Edge is being thrown around and its seeping into peoples/companies minds.

Also if the tech was shit, we wouldn't be linked up with Intel/Arm/SiFive etc, they would of just walked away happily. So there is plenty of pudding right there. I'm not sure why you would have bought in without researching this information first..??

You sound like a MF subscriber punching out the, "Why haven't we had a buyout nonsense" Not all tech companies are bought at a low Networth.. It can work either way.

Again, once the revenue flows and the contracts continue to flow, the proof of concept as a commercial success will be evident, which it is yet to be. I’m a 100% TA investor and the TA in this AI meme stock is god awful.. Even Gil Morales one of the better traders and investors, once “The chief money manager” for William O’Neill and ghost writing multiple books for him, calls ARM in a recent message to subscribers an old AI Meme stock..

I think I’d prefer to take his word for something than the fan club here of which many have over invested and are self confessed as deeply in the red..

 

[Perhaps]

Meanwhile at Infineon:
" We are offering a doctoral thesis dealing with the investigation of
digital neuromorphic technologies as a good candidate for future low power and low
latency sensor processing. A first research project which is focusing on neuromorphic
algorithms is currently ongoing but it is desirable to further investigate how this class of
algorithms can be mapped into embedded hardware"

Digital neuromorphic technologies, not much choice in this field.

Additional information:
Reality AI been taken over by Renesas in 2022. The company been a close partner with Infineon on different projects. They are also in the ARM AI partner ecosystem. In an older interview last year the Reality AI CEO stated their software delivered great results with Brainchip Akida.

Just to show behind the scenes each and everyone is connected. Feel free to be inspired for further investigation of these connections.

https://www.infineon.com/cms/pdflink/de_DE/36335d6f-c1c6-11e6-9920-40f2e90e8d04/HRC0374205-Doctoral-Thesis-Embedded-Neuromorphic-Computing-for-Industrial-mmWave-Sensing-f-m-div.pdf

Reality AI

Edge AI / TinyML for Advanced Non-Visual Sensing in Automotive, Industrial and Commercial Products.

www.arm.com

Infineon and Reality AI Announce Advanced Sensing Solution to Teach Cars How to Hear - Embedded Computing Design

Infineon Technologies AG together with Reality AI created an advanced sensing solution giving vehicles the sense of hearing

embeddedcomputing.com

Renesas Extends Its AIoT Leadership with Integration of Reality AI Tools and e² studio IDE

www.renesas.com

 

[Zedjack33]

Cool story

View attachment 45427