BRN Discussion Ongoing

[Perhaps]

My Monday musings (feel free to skip if you are not into speculative dot joining):

Dr. Gregor Lenz (https://lenzgregor.com/) recently left SynSense (on good terms AFAICT from his below LinkedIn post) and co-founded a Toulouse-based start-up called Neurobus (https://neurobus.space, registered in mid-April 2023) together with serial entrepreneur Florian Corgnou, who is the new company’s CEO. Lenz is its CTO, and this is what he said about Neurobus in a LinkedIn post (see below) two weeks ago: “We’re going to build a strong European company that brings neuromorphic solutions to satellites and space!”

Dr. Simeon Bamford (https://sim.me.uk/#contact) is the start-up’s Director of Engineering & Board Member. Incidentally he was CTO of iniLabs, when Brainchip signed a joint development and marketing agreement with them way back in 2016. (On January 1, 2018, iniVation AG formally incorporated the Dynamic Vision Sensor (DVS) business and engineering teams of iniLabs GmbH.) He is currently a researcher in event-based perception for robotics at the Italian Institute of Technology in Genoa as well as a consultant for neuromorphic engineering start-ups.

Blast from the past:

BrainChip Signs Joint Development and Marketing Agreement With Inilabs GmbH, Developer of the Dynamic Vision Sensor (DVS)

BrainChip Signs Joint Development and Marketing Agreement With Inilabs GmbH, Developer of the Dynamic Vision Sensor (DVS) April 15, 2016

brainchip.com

Now, the question regarding Neurobus is of course: Friend or foe?

Obviously, with Gregor Lenz coming from SynSense (the other commercial application-focused iniLabs spin-off company, besides iniVation), one could readily assume that integrating some of SynSense’s neuromorphic tech (most likely Speck, the event-driven neuromorphic vision SoC) would be his first choice in developing neuromorphic solutions for space, but the fact that SynSense effectively became a Chinese company three years ago IMO would at present prove to be a rather unsurmountable obstacle to what Neurobus is aiming to achieve and to stay true to their self-proclaimed values: “Sustainable development, exchange between European countries, security for our citizens and democratic rights”. Especially in the sensitive field of defense, which is one of the application domains Neurobus lists alongside satellite communications and earth observation.

Also, how are they going to offer neuromorphic solutions for space without a commercially available neuromorphic chip/IP? Will they just experiment with dev kits or research chips for the time being? The likes of NASA, ESA, AFRL or RAAF have been dealing directly with the relevant companies and academic institutions for their neuromorphic space experiments, so I’d suspect Neurobus is going to offer added value, a package solution so to say, which will save those customers, who do not have in-house development capabilities, time and money.

On the other hand: Does Neurobus’s value of being “European at heart” possibly signify that their neuromorphic tech is being entirely developed within Europe? Which would effectively rule out Akida? As well as Loihi? But even a potential future competitor of Brainchip such as GrAI Matter Labs, while headquartered in Europe, has an office in Silicon Valley, so would they qualify?

As for the types of event cameras that are going to be used in space, those by iniVation or by Prophesee come to mind. A European academic research group that recently modified one by iniVation for use in space is the team from DTU Space (Technical University of Denmark), whose THOR-DAVIS neuromorphic camera is currently being experimented with onboard the ISS. But wouldn’t they in turn found their own spin-off to commercialise their tech rather than licence it to a third party?

Another caveat: Gregor Lenz is also one of the co-founders of the Open Neuromorphic platform. I recall reading somewhere a while ago that some of the other members around Jason Eshraghian from UC Santa Cruz (also an Open Neuromorphic co-founder, who recently showed up in a post by @Fullmoonfever as one of the authors of a paper mistakenly listing Akida as being analog in a table surtitled “A benchmark of neuromorphic chips” - https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-338409) were dismissing Akida in their Discord chat - does anyone here happen to follow their discussions and could give us an update on whether their judgement on Akida has since changed? Or was it possibly just a case of sour grapes?

Also, could somebody with a LinkedIn account please do me a favour and scan the comments under Gregor Lenz’s and Florian Corgnou’s respective Neurobus birth announcements and check out whether or not any familiar names come up congratulating them on their baby? I am merely able to read the first couple of comments on GL’s LinkedIn page, but can neither access his co-founder’s LinkedIn page nor that of Simeon Bamford at all. Neither do I have a Twitter, pardon X account, so I can sadly no longer read any of those posts either, which could give some further hints of whether or not we could possibly be involved.

Any thoughts on Neurobus, especially from those of you tech-savvier than me, are of course very welcome…

View attachment 45467
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Neurobus Pioneering Space, One Neuron at a Time

As pioneers and trusted partners in the field of neuromorphic technology for space and edge computing applications, Neurobus offers cutting-edge, low-power, high-performance solutions inspired by the brain's architecture. We're committed to advance these sectors by enhancing data processing...

neurobus.space

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Just some additional information, maybe helpful.
From 2019-2023 the European Tempo project was running, goal was to develop a neuromorphic chip.

https://eepower.com/news/eu-project-tempo-targets-low-power-chips-for-edge-ai/

About - TEMPO

AboutThe TEMPO project develops neuromorphic technologies & hardware, inspired by biological neural architectures, to boost local data processing

tempo-ecsel.eu

SynSense been involved in this project, seems they delivered the technology for further development

Consortium - TEMPO

ConsortiumTEMPO builds a European eco-system around the development, production and application of neuromorphic hardware through an efficient

tempo-ecsel.eu

In June 2022 the tape out of a new chip was announced

TEMPO AI chip tapes out with videantis processor platform – videantis - processors for deep learning, computer vision and video coding

videantis - unified processing platform for deep learning, computer vision, graphics/image processing, and video coding

www.videantis.com

The project ended January 2023, but the consortium lives on. In the meantime also GrAI Matter Labs joined as partner.

Partners - Andante AI

www.andante-ai.eu

Maybe this all leads to European solutions. In Europe it seems nobody noticed SynSense became Chinese, but that's typical old world.
By the way, Valeo is deeply involved here, so I don't belong to the believers of Akida IP in Scala 3 lidar.

 

[Beebo]

Morning Chippers,

Personaly I think ONE thing Management could do this morning , BEFORE the ASX opens is temporarily suspend all trading in our stock until such time as thay OFFICIALLY ANNOUNCE AKIDA 2 .

Although Management don't follow the share price , strange , this should have been Innitiated last week.

Lock up the share price & this manipulation will cease.
Atleast in the short term.

Appreciate such an event would not be welcome for those that require access to their funds , but for long term holders it would deffinately stop the blood letting ..... until such time as a decent announcement can be officially released to the ASX.

* Another thing which I find unusual......
None of the entitys in the top 20 holders list have disclosed any movement in their holdings.
Possibly thay have not changed ( bought / sold ) but one thing is certain , relatively large numbers of our stock are being absorbed , over 200,000,000 shares in the last six business days.

Regards,
Esq.

It is also possible that a lot of share inventory is sitting in Market Maker hands. They will unload once they see a catalyst to tic the bid upwards, because they know this is oversold and is over due for a surge just on technical basis.

 

[charles2]

It is also possible that a lot of share inventory is sitting in Market Maker hands. They will unload once they see a catalyst to tic the bid upwards, because they know this is oversold and is over due for a surge just on technical basis.

My understanding of how market makers maneuver is that they strive to close each market session net neutral through stockholdings or hedging.

A MM would have a difficult time financially being short a million shares and with news the stock opens up 20%.

MM make money on trading volume and not speculating on price movement.

 

[chapman89]

No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?

She just feels as though we must have missed something to cause it going from $2 - 18c

I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.

What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know

Very simple.
Just tell her what drove the share price to $2.34 is being worked on and in production now

 

[Glen]

Hi Fastback6666,
That's something we holders have seen beyond our wildest thoughts share price movement has certainly caught a lot of us by surprise not a quick surprise as in quick sudden drop but a slow stealth sort of drop filled with she'll be right it'll bump up again yes a lot traded yesterday and the drop was a drip but still painful for some I honestly wish I didn't get my order hit, but if life throws some lemons your way why not not make some lemonade. Beats orange juice that's for sure.
Hopefully share price can move Fastback to higher prices shortly.

I can see ASX giving us à speeding ticket if it went up by 10 percent. CROOKS

 

[Rise from the ashes]

I can see ASX giving us à speeding ticket if it went up by 10 percent. CROOKS

Hi Glen, I have no doubt those dilzy's that run the show at the ASX would do that we've seen it before we'll see it again.

 

[Rise from the ashes]

Rise, u and I have history, re share selection. Love seeing ur as bolted on as I on this puppy. Are we f/ws? Time will tell. Holding in excess of 1 mill, so I've had a decent go. Buying more , but limiting it to what my SMSF allows. That puts controls on my trigger finger. Best of luck mate to u, me and all. The next 12 mths will be telling.

G'day Hamilton,
Yep I'm a pretty rusted on shareholder here riding the rough currents on this journey through the sea they call the ASX even got some barnacles that have attached themselves to my weathered boat I've used as a vehicle for this journey. Was only supposed to be a 3 hour hour tour but got lost at sea, shipwrecked and find myself on this island with others here ( Gilligan's Island)
Glad to hear you been topping up a long the way mate.
I'm a bit lost on your comment " Are we f/ws"
No idea what that means.
Are we Effed without shoes?

 

[Esq.111]

Morning Chippers,

One has to laugh sometimes.

Microsoft looking into building nuclear power plants for their data centres.

Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers

Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.

www.cnbc.com

Farrrrrrrrrrrk sake.

Regards,
Esq.

 

[cosors]

Morning Chippers,

One has to laugh sometimes.

Microsoft looking into building nuclear power plants for their data centres.

Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers

Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.

www.cnbc.com

Farrrrrrrrrrrk sake.

Regards,
Esq.

"The company is looking to generate energy with nuclear fission, which is when an atom splits and releases energy as a result of that splitting."

That shows what we are dealing with.

 

[Learning]

No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?

She just feels as though we must have missed something to cause it going from $2 - 18c

I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.

What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know

Hi TFM,

I am certainly feeling the same pain.

I look at the current situation as manipulation. If I deducted the Mercedes event. The sp was sitting around .40c -.50c mark. Now with all ecosystem partnerships, university programs and ADK1500 and soon Akida 2.0. And the sp is at .18c. I don't personally believe BRN can go this low. But it is.

As other have said. The selling pressure of ASX 200 departure, Funds are selling, US tax loss selling. Short took the opportunity to put further pressure on the sp.

However, what I find interesting is short cover was only 30 millions shares. So further short attack to try and close more shares. But instead of short closing, others are buying instead, due to sp being so low. Hence, short volumes has not drop further?

That's just my personal view, and hope we all prosper with BRN in in time.

Learning

 

[Tony Coles]

Morning Chippers,

One has to laugh sometimes.

Microsoft looking into building nuclear power plants for their data centres.

Microsoft is hiring a nuclear energy expert to help power its AI and cloud data centers

Microsoft is looking to hire a nuclear energy expert to help coordinate powering its AI data centers with small nuclear reactors.

www.cnbc.com

Farrrrrrrrrrrk sake.

Regards,
Esq.

Unbelievable, i have only one word to say. Following the path of “KODAK!”

 

[DK6161]

At least they have already achieved that even if the ann hits like a rocket and it goes up 58% we end up at the level of last week, so they would have priced it in in their way.

We need to go up by over 500% to get bak to the dollar mark. I wonder how long that will take

 

[Frodolfo]

Guten Morgen,

Anbei etwas aus unserem deutschen Forum.
Many greetings

 

[Fastback6666]

Hi Fastback6666,

That's something we holders have seen beyond our wildest thoughts share price movement has certainly caught a lot of us by surprise not a quick surprise as in quick sudden drop but a slow stealth sort of drop filled with she'll be right it'll bump up again yes a lot traded yesterday and the drop was a drip but still painful for some I honestly wish I didn't get my order hit, but if life throws some lemons your way why not not make some lemonade. Beats orange juice that's for sure.
Hopefully share price can move Fastback to higher prices shortly.

For sure mate, we all never would have thought the share price could have come back this far, it is just some exceptional circumstances though: No large commercial revenue as yet and was expected by now, revision in tech to suit market more, drop out of ASX200, correction in small cap tech stocks globally, high interest rates, potential recession looming. Wow - pretty crazy when you think about it.

So many confounding factors to drive the SP lower and if you look- the SP is the lowest in oversold territory on the chart in at least 5 years! On that longer time scale that is a huge.

The question is - where is the general tech market and Brainchip heading from here.

It’s an opportunity or a death spiral for the company right - everyone just has to decide which one it is!

I see the SP tanking as mostly unlucky timing from the tech sell off, high interest rates and tighter economy- then falling out of the ASX200 was just the climax on top and that was a bit unlucky that it has played out all together.

If they had just fallen out of the ASX200 and not all the other stuff then I would expect we would still be up around 50 to 80 cent range and expect it to return there fairly easily once the shorters/manipulation exit here at these prices and more news flow.

 

[Iseki]

No more than 1 hour after posting this, my wife had a bit of a breakdown. She has been doing really well, but today got to her. Can someone give me a pep talk now?

She just feels as though we must have missed something to cause it going from $2 - 18c

I tried the best I could to reassure her, but it is friggin hard to see you life savings under attack including 70% of life’s super.

What are people actual thoughts on why we are free falling? Let’s have a moment of real talk. I can’t think of one logical reason other than manipulation and uneducated retail freaking out.. in fact I only see positive after positive, but if anyone can think of 1 good reason to why we are free falling let me know. I need to know

Hi FM,

The problem is that all our potential customers are delaying making any decision on using Akida. The board doesn't seem to be flexible to do deals. The head of world wide sales has departed 12 months to the day he commenced. The board clearly wants us to follow the ARM IP revenue model ie through licensing but the companies interested in us are too small to produce their own chip. The ARM model might work for $1000 phones, but why would it work for a $50 door bell? If it's too expensive for us to produce a chip, how can we expect a sensor manufacturer to? Somehow the board seem disconnected to sales. What potential customer would give any credence to year old tweets from Renesas, MB etc.? Why is it not possible for Sean to pick up the phone and ask those two companies for an update tweet? Why is it so hard to get the ball rolling? The one thing Sean promised was that we would not end up like betamax video recorders. But that exactly where we find ourselves - unless there is an announcement on the ASX regarding the formal release of Akida 2, and a timeline for distributing it to some customers.

 

[db1969oz]

Morning Chippers,

Personaly I think ONE thing Management could do this morning , BEFORE the ASX opens is temporarily suspend all trading in our stock until such time as thay OFFICIALLY ANNOUNCE AKIDA 2 .

Although Management don't follow the share price , strange , this should have been Innitiated last week.

Lock up the share price & this manipulation will cease.
Atleast in the short term.

Appreciate such an event would not be welcome for those that require access to their funds , but for long term holders it would deffinately stop the blood letting ..... until such time as a decent announcement can be officially released to the ASX.

* Another thing which I find unusual......
None of the entitys in the top 20 holders list have disclosed any movement in their holdings.
Possibly thay have not changed ( bought / sold ) but one thing is certain , relatively large numbers of our stock are being absorbed , over 200,000,000 shares in the last six business days.

Regards,
Esq.

It would be nice to see the broker data for the last period if anyone is willing to share it? Has access? I would like to know who is buying all the shares being sold? Is it just the rusted on chippers here topping up?

 

[Gemmax]

The buy / sell ratio indicates groundhog day again. FFS!

 

[rgupta]

Morning Chippers,

Personaly I think ONE thing Management could do this morning , BEFORE the ASX opens is temporarily suspend all trading in our stock until such time as thay OFFICIALLY ANNOUNCE AKIDA 2 .

Although Management don't follow the share price , strange , this should have been Innitiated last week.

Lock up the share price & this manipulation will cease.
Atleast in the short term.

Appreciate such an event would not be welcome for those that require access to their funds , but for long term holders it would deffinately stop the blood letting ..... until such time as a decent announcement can be officially released to the ASX.

* Another thing which I find unusual......
None of the entitys in the top 20 holders list have disclosed any movement in their holdings.
Possibly thay have not changed ( bought / sold ) but one thing is certain , relatively large numbers of our stock are being absorbed , over 200,000,000 shares in the last six business days.

Regards,
Esq.

Esq I believe there should be a difference in speculator and holder and this present time is a good time to distinguish the same for brn.
Let us see if akida will favour the holders or speculators?
I assume it is a good time to top up if someone believes in brn and is a bit late for speculators. But rather be late than never.
No financial advise but think which side are you.
Dyor

 

[buena suerte :-)]

Instos can push the sp down as much as they like. Put a value in your mind. Have a plan... it's happening guys... any day any second. Hold onto your hats.
5 dollar dinner party

Agree Labsy.....But... I would love a $1 party right now!!! .... I remember those days!

SOON!!

 

[Cartagena]

Hi Fastback6666,



For sure mate, we all never would have thought the share price could have come back this far, it is just some exceptional circumstances though: No large commercial revenue as yet and was expected by now, revision in tech to suit market more, drop out of ASX200, correction in small cap tech stocks globally, high interest rates, potential recession looming. Wow - pretty crazy when you think about it.

So many confounding factors to drive the SP lower and if you look- the SP is the lowest in oversold territory on the chart in at least 5 years! On that longer time scale that is a huge.

The question is - where is the general tech market and Brainchip heading from here.

It’s an opportunity or a death spiral for the company right - everyone just has to decide which one it is!

I see the SP tanking as mostly unlucky timing from the tech sell off, high interest rates and tighter economy- then falling out of the ASX200 was just the climax on top and that was a bit unlucky that it has played out all together.

If they had just fallen out of the ASX200 and not all the other stuff then I would expect we would still be up around 50 to 80 cent range and expect it to return there fairly easily once the shorters/manipulation exit here at these prices and more news flow.

Personally I think the shorting has done great damage to the SP and it always has been a very unethical practise which is being exploited by funds to make money without shareholders permission. Like kind of renting out your nice house to 30 people who will trash the place and then give it back to you. This sort of stuff should stop and the regulators are just as complicit here as the funds.
I am probably going to start an anti shorting movement as I hate it so much. I noticed the shorts levels have dropped recently which is finally a possible sign they are scurrying off to other stocks.