I do feel the narrowing of the band to focus on AI will hopefully speed up time-to-market with whatever they have planned and benefit BRN; time will tell.Ouch!
The perils of hi-tech start-ups.
On the plus side, when SiFive has finished "right-sizing", the offcuts should not have too much trouble finding RISC-V employment elsewhere.
Remember, BRN went through a similar, if smaller scale, trauma a few years ago.
Also on the plus side is their focus on AI, automotive and performance processors, which dovetails with our partnership.
View attachment 48006Qualcomm’s next big Snapdragon chip has leaked, and it’s full of AI features
Qualcomm is ready to boast about Llama and Stable Diffusion support.www.theverge.com
That is the key question for the next AGM about the riddle, wrapped in a mystery, inside an enema - is Nandan a cat person?
But if the need for edge boxes becomes apparent in the AIOT going forward and VVDN has a differentiated and competitively cheaper product, those figures may be a little conservative. It’s a bit hard to project revenue in such a case at this stage imo.Throwing some rough figures out there, starting with current VVDN revenue estimates, even growing at a fast clip.
$80-100 million USD. EBITDA was up 63% or thereabouts for the year.
If they did say $150, 250, 300USD million in revenue next three years without knowing their forecasts, let's say Akida IP edge boxes turn out to be a big seller, and they reach 10% of VVDNs revenue or $ 30 million USD, BRN royalties would maybe be in the 2.5-5%.
That is roughly $750k-1.5millUSD in royalties for BRN.
Just saying on its own, it hardly seems like any significant revenue is coming for BRN from VVDN's EDGE BOX in the next few years.
It makes more sense if Akida can reach a saturation point as a component in Edge Boxes across the whole market as opposed to one partner here or there won't cut it for BRN.
Whether or not these IP deals are embryonic in producing a product on the market, it seems that it is essential that BRN gets big companies over the line, and that is what is concerning that they're not already officially licensed and many already have EDGE based products. I'm sadly convincing myself that BRNs time may not be until the next tech cycle boom commences in the early 2030s. In my view.. So how does it survive that long.
Definitely needs ARM to really give it a leg up soon to counter that. By the way is it any possibility that ARM licenses Akida? That would be the ticket.
Good post, thanks. According to BRN competitive analysis as at April'23 (at the least) none of its competitors could do it all on chip without making the journey to the cloud.Apologies in advance, particularly to dear Dodgy-Knees, whom I know loves it whenever I attempt to link BrainChip with Qualcomm. And, yes, I realise I'm probably going to have to go straight back to the naughty corner for asking this but is there any way we could be in the Snapdragon Elite X?
Look, I have been serously debating with myself this morning the significance of Shayamal Anadkat's (Applied AI @ OpenAI) blog in June 2023. In it he states "Earlier this year, Qualcomm AI Research successfully deployed a popular 1B+ parameter foundation model (stable diffusion) on an edge device through full-stack AI optimization."
He then goes straight on to talk about the the complexity and resource demands that foundational models pose deployment challenges on edge devices. and he says "To counter this, the focus will shift toward specialized hardware, optimization techniques, and neural processor architectures. Being able to run optimized versions of foundational models at the edge/on-device will open up endless possibilities. Recognizing these emerging requirements, BrainChip has stepped forward with innovative solutions like the Akida processor, an advanced neural processing system for edge AI. It’s important to understand and assess edge AI technology to overcome deployment challenges and explore new potentials."
So, to me it sounded like Shayamal was suggesting that if Qualcomm were going to deploy larger foundational models (larger than 1 billion parameters for example) , they would need more sophisticated technology, like BrainChip's Akida processor.
Then this morning we find out that the NPU in Qualcomms Snapdragon Elite X is capable of handling large language models (LLMs) up to 13 billion parameters without processing in the cloud. I know it says that Snapdragon Elite X has sprung out of Qualcomm's Nuvia acquisition, but...is it completely outrageous to think we may be involved in some way?
Remember when Nandan liked Qualcomm's Stable Diffusion announcement in February 2023? Surely he wouldn't have "liked" it because of the fluffy cat. I mean that's definitely something I would do, but I don't even think Nandan is a cat person!
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Meet Snapdragon X Elite: Qualcomm Touts Big AI, Compute Gains on Arm Laptop CPUs
Qualcomm's flagship next-gen processor for laptops, based on a new CPU core, looks to be a high-performance efficiency monster—if you believe the hype. We'll be checking it out this week at the company's annual Snapdragon Summit.au.pcmag.com
Extract from Shayamal Anadkat's blog.
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Not that we're anywhere near where we want to be anyway..Brainchip Holdings Ltd (BRN) floated on the Australian Securities Exchange (ASX) on Wednesday, 9 November 2011.
BRN's current share price of $0.18 is a -$0.08 or 30% discount to its original offer price of $0.25.
So Damo4:Yeah we definitely need more licenses/partnerships to break even, let alone turn a profit.
Especially if we plan on continuing to develop well into 2030 for future iterations and applications.
I don't think any single license will rock the boat, but with the anticipated ubiquity, its a slow grind that I still think will pay off.
I've said it before but I would prefer to be early and poised to jump on the upcoming Ai revolution, than focus on something currently required and just fade out as we struggle to keep up.
I think most LTHs here really do believe BRN is early to the party and I struggle to see how Nvidia or IBM etc will be able to not only close the gap, but exceed BRN in this space specifically.
I feel for the people who lack patience, or believe they have been patient enough already, who are now stressing based on their paper losses, or erosion of gains.
There's a good reason people come on here and waste our time complaining about the company, instead of just selling.
They know deep down, that holding BRN is a good idea they just feel stupid for buying in hype and forum posts.
If the company and it's prospects sucked and had no hope they wouldn't be here.
Really 68 BILLION.This is the kind of money that is floating around. Microsoft recently purchased "Activision blizzard" for 68billion dollars! Yes that's right.... a company which makes games.....
Think about that! The mind boggles. That's more than ARM's market cap which is about 53 Billion..
Please be respectful to other members.Didn’t know Mercedes, Valeo, Renesas, Prophesee, VVDN and MegaChips needed engineering support. God you are basic. Don’t forget to help your Mum with the dishes.
Not that we're anywhere near where we want to be anyway..
But that's an entirely incorrect statement, as it doesn't allow for dilution (again not a great thing, but necessary to raise funds, issue Company shares etc) over that time..
Even websites make that incorrect statement.
The original float was only 50 million shares at 25 cents.
At the current market capitalisation, that would equal $6.44 per share (that's more like it ).
Or to put it another way..
Considering the original market cap of $12.5 million..
Would make a share price equivalent to today's of.. 0.007 cents.. (1.727B shares on issue).
So using shares on issue now, we are 25.7 times the original issue price.
So it's simply not comparing apples with apples..
You have to look at market cap vs shares on issue, not just share price.
@Diogenese please check my maths, my logic.. Ahh.. Please just check everything
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Yeah....but Activision have got COD...I wish BRN had CODThis is the kind of money that is floating around. Microsoft recently purchased "Activision blizzard" for 68billion dollars! Yes that's right.... a company which makes games.....
Think about that! The mind boggles. That's more than ARM's market cap which is about 53 Billion..
Have Another drink buddy.Make me
Key question....did Kelvin like Rob's like
Have Another drink buddy.
Sounds like traction to me...And again
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