BRN Discussion Ongoing

[DingoBorat]

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BrainChip Attracts Former Intel AI Sales Executive to Head Up Sales​

Laguna Hills, Calif. – December 4, 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, today announced that it has hired Steve Thorne as vice president of sales to help the company fulfill its mission to make every device with a sensor AI-smart.

Thorne is a senior sales and marketing executive with nearly three decades of experience in AI and data center solutions. He comes to BrainChip from Habana Labs, an Intel company, where he
served as Head of Sales for the company’s world class AI processors. He holds a Bachelor of Science degree in computer science from the Georgia Institute of Technology and was issued a patent for the design of a rack-mount stackable hub and switch.

“I have had the benefit of growing with one of the largest technology innovators in the industry and applying a customer-centric mindset to high-growth sales organizations,” said Thorne. “Having
seen the market’s need for innovative AI solutions, I believe that BrainChip has the essential disruptive technology to make AI ubiquitous across a wide range of industries and use cases.”

“We are excited to bring Steve in to drive the next phase of Akida TM sales growth,” said Sean Hehir, CEO of BrainChip. “His AI experience, his enthusiasm to foster customer success to build
business, and nurture the sales organization is a tremendous asset not only to BrainChip, but to our customers and partners as well.”

BrainChip Attracts Former Intel AI Sales Executive to Head Up Sales

Join us in anticipating the next phase of Akida TM sales growth under Steve's leadership.

brainchip.com

Anybody who doubts the ability of BrainChip and AKIDA to be successful, just has to look at the calibre of hires that we are attracting, that's ignoring the grade of customers, that we are known to be engaging with.

These customers, will be given further confidence, in the growing strength of the BrainChip team.

I don't think the next IP deal, is too far off..

Anybody care to speculate, who it will be?
I still think MosChip, because IP signings are likely to be with "Umbrella" type organisations and not individual ones.

 

[TECH]

While I was reading today mostly about RAIN neuromorphic (a company building an analog neuromorphic chip - backed by Sam Altmann, OpenAI & among others, previously by some Saudi Aramco related venture fund until the US government stepped in), I'd like to summarize my highlights also from another article/interview with Mike Davies (director of Intel’s neuromorphic computing lab) about Intel's Loihi 2, by Sally Ward-Foxton:

"What Is Holding Back Neuromorphic Computing?"

• Mike Davies [...] told EE Times that the technology shows immense promise for reducing power consumption and latency versus current deep-learning–based neural networks
• this requires dedicated hardware accelerators
• there are still challenges with training regimes and software maturity
• Loihi 2 is intended for bigger scale data center-class systems
• "It started to blur the boundary between the pure neuromorphic approach and the traditional AI accelerator architecture"
• The best approach isn’t necessarily the one that most closely matches biology
  "[...] by augmenting the pure biological approach and then applying backpropagation, I think this is going to lead to really exciting networks and capabilities."
• “Our challenge is how to provide the right documentation and understanding all the caveats on how to get good results”
• some of the most popular commercial use cases have shifted towards transformer networks.
  “We do feel like we’re fighting against the tide on recurrent neural networks,” Davies said.
• However, he admits Loihi will need a solution for feedforward networks. Current work focuses on converting feedforward networks into recurrent networks [...]
• SpikeGPT’s inventors said the model is competitive with deep learning networks but with 20× fewer operations and corresponding reduction in power consumption
• Does this mean large language models (LLMs) have a future in the spiking domain?
  “The challenge is the attention stage is not compatible with most neuromorphic architectures...there’s a matrix-matrix multiplication at the heart of transformers that is difficult to implement in neuromorphic architectures,” Davies said. (SpikeGPT gets around this by feeding data points in sequentially).
• “[...] while we’re not there yet—we will need a silicon iteration to support it [...]”
• Davies highlights recent work on meta learning (learning how to learn— or changing the training algorithm based on the data) as an example of new approaches to training that could be beneficial
• Intel recently released a software package for doing prototype-based fast learning on chip—a module which can be combined with deep learning networks to do efficient last-layer learning (extracting features from a dataset and then using local neuroscience-inspired learning rules to learn those features online in a semi-supervised way, while, crucially, not forgetting what has previously been learned).
• “[...] So our pace of progress has been a little slower than I was hoping two years ago, and that has unfortunately become a limitation—software readiness has been holding back the results.”
• “We want to make sure that what people develop this time around is not disposable, it’s not just written up in a paper and then forgotten about, but it contributes to a body of code that people can use, adapt and carry forward,” he said.
• “There’s no question in my mind that we are on a commercialization path, and there are results—we are talking about three orders of magnitude improvement in energy delay product [a figure of merit combining energy and latency]—there should be a way to turn this into value for end applications,” Davies said.
• Most interest so far is coming from the space and aerospace industries that are size, weight and power sensitive
• Intel’s Loihi demonstration at Intel Innovation used a recurrent neural network to solve satellite scheduling—coordinating constellations of satellites to schedule cameras over points of interest—in a non-standard way using Loihi 2 chips.
• Davies points out that Loihi 2 is still at the research phase, but adds that next-gen silicon (in, say, the next five years) could be designed with more specific commercial applications in mind

https://www.eetimes.com/what-is-holding-back-neuromorphic-computing/

RAIN neuromorphic - interesting links:

• https://www.wired.com/story/openai-buy-ai-chips-startup-sam-altman/
• https://www.bloomberg.com/news/arti...fund-to-exit-ai-chip-startup-backed-by-altman
• https://www.einnews.com/pr_news/562...m-series-a-to-transform-ai-hardware-landscape

Nice post CMF,

A number of Mike Davies replies/comments just highlight how far WE ARE ahead of Intel (years)...yet many articles that name both of us
would suggest we are neck and neck competing....that is so far from the truth, we've been commercial for some time now, yes we have
research architecture being worked through as we speak, but 2 generations out there already, even more advanced technologies in the
pipeline, going by what Mike has stated in that interview, I personally don't see Intel as a threat at all, and quite frankly, if their stock price
was yet half the current price of Nvidia I believe that they would have already made a play for us.

An important thing for many to remember is that, despite us spearheading this SNN technology, facing all the headwinds associated
with disruptive technologies, the amount of time to complete cycles to actually get to market is 100% going to directly affect all other
players ambitions as well, things may speed up over time, but as it currently sits, I see our current lead not necessarily extending but rather
maintaining the status quo, meaning no one company will leap frog us, only consider taking us over in the near future.

Great to see Peter comment on Linkedin....he rarely comments on that platform.

Tech.

 

[DingoBorat]

Now we all know we should never judge a book by its cover and I know he's the new "head" of sales..

But let's simplify things a little..

Who looks more personable and who would you be more inclined to buy something from.. Steve?

Or this guy?...

But I guess, at least Chris didn't have the look, of a used car salesman..

 

[Quiltman]

Great hire.

He is already in his role !

 

[chapman89]

Great hire.

He is already in his role !

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“Having seen the market’s need for innovative AI solutions, I believe that BrainChip has the essential disruptive technology to make AI ubiquitous across a wide range of industries and use cases.”

I expect the former Global Director of Sales of Intel to be working at Brainchip for free, he isn’t worth paying a lot of money for up front

 

[charles2]

Great hire.

He is already in his role !

View attachment 51357

This sure sounds like Brainchip has snagged a really big fish. And he ....Mr. Thorne....must really believe that Brainchip has something really big to sell...to entice him to exit the Intel cocoon after so many years.

Makes me wonder if ASX investors will reach the same conclusion.

Really!

 

[supersonic001]

BrainChip Attracts Former Intel AI Sales Executive to Head Up Sales | BrainChip

BrainChip Attracts Former Intel AI Sales Executive to Head Up Sales - Steve Thorne has nearly three decades of experience in #AI and data center solutions. https://lnkd.in/gGYWkWy6 #EdgeAI #akida #neuromorphic

www.linkedin.com

 

[wilzy123]

Now we all know we should never judge a book by its cover and I know he's the new "head" of sales..

But let's simplify things a little..

Who looks more personable and who would you be more inclined to buy something from.. Steve?

View attachment 51354


Or this guy?...

View attachment 51355


But I guess, at least Chris didn't have the look, of a used car salesman..

View attachment 51356

Is the last one a prison mugshot?

 

[curlednoodles]

..........

Greg Trafton and his team members, Bill Adams and Nate Gyory, introduced and demonstrated Bight (a Boston Dynamics Spot quadruped robot) to CNO ADM Lisa Franchetti at her office in the Pentagon on… | U.S. Naval Research Laboratory

Greg Trafton and his team members, Bill Adams and Nate Gyory, introduced and demonstrated Bight (a Boston Dynamics Spot quadruped robot) to CNO ADM Lisa Franchetti at her office in the Pentagon on November 30, 2023. NRL Commanding Officer CAPT Jesse Black introduced the team, while Greg...

www.linkedin.com

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Is there a connection to brainchip here?

 

[Damo4]

Is the last one a prison mugshot?

Given his content I wish it was.

 

[Esq.111]

Morning Curlednoodle ,

Think the possible connection is through NRL , would be on the Chip engagements thread created by Neuromorphia..... very substantial list & thay have popped up alot in the past.

Or...... it could be due to Spot the dog , Boston Dynamics, which some time ago fitted a bionic weener which discharges beer.
My hopes were high were engaged in this cutting edge attachment.... yet all has gone silent on this front.

This chap is a genius...would love to know what he is up to today....

Michael Reeves Made a Boston Dynamics Spot Robot Dog Pee Beer

Michael Reeves, YouTube’s most ridiculous maker, made a Spot robot pee beer in his most recent video.

www.hackster.io

.


Regards,
Esq.

 

[Baron Von Ricta]

Why CEOs Get Fired

Let’s look at just five of the disruptive business-technology trends that – if missed or mishandled – may well – perhaps should – get CEOs fired.

www.forbes.com

Hey DB,

Haven't had chance to put up own chart but been watching a poss mini cup & handle...scribble on your chart in blue.

Can see the vol spikes start and end of the cup lips as hits resistance, the fall in SP and in vol in between and now the drop of the handle.

Would need to hold around here and start the next few days back upward and then a break with vol through mid 20's to confirm.

A break down through the bottom trend line of your channel and the poss C&H would be a fail.

Not a textbook C&H but is definitely a watch imo.

View attachment 51348

Whilst reading this I accidentally knocked my coffee cup off the kitchen table. Apart from a mess the cup handle broke off. Does this mean anything?

 

[Diogenese]

Why CEOs Get Fired

Let’s look at just five of the disruptive business-technology trends that – if missed or mishandled – may well – perhaps should – get CEOs fired.

www.forbes.com

Whilst reading this I accidentally knocked my coffee cup off the kitchen table. Apart from a mess the cup handle broke off. Does this mean anything?

It means you'll have to use oven mitts to drink your coffee.

 

[toasty]

Pay peanuts, get ...

And on the other hand money talks, bullshit walks...........

 

[HopalongPetrovski]

Why CEOs Get Fired

Let’s look at just five of the disruptive business-technology trends that – if missed or mishandled – may well – perhaps should – get CEOs fired.

www.forbes.com

Whilst reading this I accidentally knocked my coffee cup off the kitchen table. Apart from a mess the cup handle broke off. Does this mean anything?

Yes. You're a robot cat!

 

[Bravo]

Morning Curlednoodle ,

Think the possible connection is through NRL , would be on the Chip engagements thread created by Neuromorphia..... very substantial list & thay have popped up alot in the past.

Or...... it could be due to Spot the dog , Boston Dynamics, which some time ago fitted a bionic weener which discharges beer.
My hopes were high were engaged in this cutting edge attachment.... yet all has gone silent on this front.

This chap is a genius...would love to know what he is up to today....

Michael Reeves Made a Boston Dynamics Spot Robot Dog Pee Beer

Michael Reeves, YouTube’s most ridiculous maker, made a Spot robot pee beer in his most recent video.

www.hackster.io

.


Regards,
Esq.

I have no doubt the share price would rise to the occasion if we had proof that we were the magic sauce in the bionic weener which discharges beer!

 

[buena suerte :-)]

i am sitting here with 300k shares and just hoping that it all pays off

sometimes you have to wonder if you have done the right thing or your pissing into a shitstorm, i have had the faith for a long time in the company but still some days it unnerves you and you can feel Have i done my money or will i be a winner investing in this company?
i hold strong i have a plan 5 year plan will it pay off??? only time will tell

"I have had the faith for a long time in the company" .....Me too! ... And I still very much do have faith in the company ...More than ever infact!

It has been a very lumpy journey ..agreed... But I personally feel we are extremely close to HUGE things moving forward.

IMO only, I have thought and still think that BRN will make me and my family very $$$$$ comfortable $$$$$ in the not too distant future

I also had a 5 year plan... 9 years ago!! But no doubt will be rewarded for my patience ..Very soon

Announcements incoming is what I'm thinking

Also more great news going forward for BRN...If we weren't going places..Why would Mr Thorne and Mr Lewis join 'little old Brainchip'

Good luck

 

[Esq.111]

Morning Bravo ,

100% agree...... Can visualise it now .... Spot the dog randomly wandering on the flight deck of the US Nimitz -Class randomly quenching the thirst of sailors.

Regards,
Esq.

 

[Bravo]

 

[AusEire]

We cannot assess it because the company is still not earning money.
We are full of hope and fantasies, but there is no money earned yet (except for the 4 million once). Considering that fact he is being paid too much. Normally a CEO is not paid such an amount when working for a penny stock company. Normally there would be a nice base salary and then a lot of money as a success bonus. The first years of a company are the hardest, also for the CEO.

Yes, Akida is a great thing, but so is Sean's salary.

You say normally a couple of times here.

What would the CEO of a penny stock company "normally" earn then?