BRN Discussion Ongoing

[Easytiger]

Well I am expecting some good news(and plural) to come from Brainchip between now and Feb to raise up that VWAP value!

As I am sure Brainchip does not want the VWAP down at 20 cents. Also big news due in readiness for next AGM as we know that would not be great to head into AGM soon enough at 20 cents.

Good that BRN are staying nice and liquid though.

Resets the expectations about seeing any significant revenue any time soon

 

[Tothemoon24]

I can’t seem to find much info about this Australian company perhaps cloud based ? ​

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Nirovision Unveils Innovative AI Safety Agent Alarm For Real-Time Incident Monitoring​

Are business alarms set to change forever? Nirovision, an Australian trailblazer in AI-powered video analytics thinks so.​

Last updated: 2023/11/29 at 3:14 PM
Austech Media
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Nirovision has unveiled its latest breakthrough – Safety Agent Alarm, a world-first innovation that allows an AI agent to actively monitor a workplace’s security cameras and promptly alert for security and safety concerns.
With AI analysing footage in real-time, Safety Agent is smart enough to distinguish between non-events and genuine safety concerns but can also be given custom prompts and extra knowledge such as “Hi-vis vests are mandatory on site” to ensure adherence to specific safety rules.
Unlike traditional business alarms which are limited to basic motion detection, Safety Agent Alarm empowers workplaces to be notified of events that were previously deemed impossible.
These are just a few examples of the different kinds of alerts Safety Agent Alarm can detect:

• Alert for someone lying on the ground
• Alert for someone on the roof near the edge
• Alert if a worker looks injured
• Alert for people physically fighting
• Alert for a person climbing a fence
• Alert for a vehicle load not suitably restrained
• Alert for someone who seems trapped eg. in a cool room

As a company that develops its own AI models in-house, Nirovision has already seen the impact its technology is having on workplaces. Whether it is automating site access or enforcing compliance, the addition of Safety Agent Alarm is another exciting AI development that is set to revolutionise workplace monitoring.
“We believe AI is poised to redefine incident monitoring so the future is exciting,” says Jimmy Lee, Nirovision’s CEO.
“Today, multimodal large language models are capable of recognising and discerning what it sees and transcribing it’s observations in great detail. This, in concert with our efficient object detection models, allows workplaces to receive descriptive alerts for previously unseen safety and security events in real-time.”
Recognising the distinct safety requirements of every workplace, Lee emphasises, “It was only a matter of time before these large vision models infiltrated the camera monitoring space so we are proud to be pioneers in bringing this to market.”

 

[DerAktienDude]

Guys it’s been 742 days since our last license agreement. Don’t put that much hope into the timing of the capital call.

 

[Berlinforever]

Never smile at a crocodile (or an analogator):

Rain neuromorphics

US10430493B1 Systems and methods for efficient matrix multiplication

Disclosed are systems and methods for performing efficient vector-matrix multiplication using a sparsely-connected conductance matrix and analog mixed signal (AMS) techniques. Metal electrodes are sparsely connected using coaxial nanowires. Each electrode can be used as an input/output node or neuron in a neural network layer. Neural network synapses are created by random connections provided by coaxial nanowires. A subset of the metal electrodes can be used to receive a vector of input voltages and the complementary subset of the metal electrodes can be used to read output currents. The output currents are the result of vector-matrix multiplication of the vector of input voltages with the sparsely-connected matrix of conductances.



US11450712B2 Memristive device

A memristive device and mechanisms for providing and using the memristive device are described. The memristive device includes a nanowire, a plurality of memristive plugs and a plurality of electrodes. The nanowire has a conductive core and an insulator coating at least a portion of the conductive core. The insulator has a plurality of apertures therein. The memristive plugs are for the apertures. At least a portion of each of the memristive plugs resides in each of the apertures. The memristive plugs are between the conductive core and the electrodes.



US11599781B2 Lithographic memristive array

A memristive device is described. The memristive device includes a first layer having a first plurality of conductive lines, a second layer having a second plurality of conductive lines, and memristive interlayer connectors. The first and second layers differ. The first and second pluralities of conductive lines are each lithographically defined. The first and second pluralities of conductive lines are insulated from each other. The memristive interlayer connectors are memristively coupled with a first portion of the first plurality of conductive lines and memristively coupled with a second portion of the second plurality of conductive lines. The memristive interlayer connectors are thus sparsely coupled with the first and second pluralities of conductive lines. Each memristive interlayer connector includes a conductive portion and a memristive portion. The memristive portion is between the conductive portion and corresponding line(s) of the first plurality of conductive lines and/or the second plurality of conductive lines.





WO2022187405A2 LEARNING IN TIME VARYING, DISSIPATIVE ELECTRICAL NETWORKS

A method for performing learning in a dissipative learning network is described. The method includes determining a trajectory for the dissipative learning network and determining a perturbed trajectory for the dissipative learning network based on a plurality of target outputs. Gradients for a portion of the dissipative learning network are determined based on the trajectory and the perturbed trajectory. The portion of the dissipative learning network is adjusted based on the gradients.



US11755890B2 Local training of neural networks

A method for performing learning is described. A free inference is performed on a learning network for input signals. The input signals correspond to target output signals. The learning network includes inputs that receive the input signals, neurons, weights interconnecting the neurons, and outputs. The learning network is described by an energy for the free inference. The energy includes an interaction term corresponding to interactions consisting of neuron pair interactions. The free inference results in output signals. A first portion of the plurality of weights corresponding to data flow for the free inference. A biased inference is performed on the learning network by providing the input signals to the inputs and bias signals to the outputs. The bias signals are based on the target output signals and the output signals. The bias signals are fedback to the learning network through a second portion of the weights corresponding to a transpose of the first portion of the weights. At locations in the learning network, learning network equilibrium states are determined for the biased inference. The weights are updated based on the learning network equilibrium states.


Altman is not the first to be beguiled by the analog/synapse chimera.

Can he really spend 51 million on this research project, while we are ready with a commercial unit? Considering the media attention on this, BrainChip needs to use the momentum and get a publication. Right now everything Sam is doing gets global media coverage.

 

[Diogenese]

Can he really spend 51 million on this research project, while we are ready with a commercial unit? Considering the media attention on this, BrainChip needs to use the momentum and get a publication. Right now everything Sam is doing gets global media coverage.

I think Sam has shares in rain.

I guess the $51 M order from Open AI would have been a real fillip for the Rain tank.

 

[CHIPS]

Sean knows how to spend money but he doesn't know how to make money.
True story.

And Sean earns way too much money as CEO of a penny stock company with no income. And nobody here says something about it. Do you all find it o.k.?

 

[Violin1]

D, I'm a lth, and will continue to be so. That said, I'm tipping a very uncomfortable ride for Sean. He was clearly out of his depth at the last AGM. His statement of "watch the financials ", without a big ann , in a short space of time, is going to bite him on the arse, in a big way. Potentially, he's going to be sweating bullets at the next AGM. While I don't blame him per se , the s/p price during his tenure has been a bloody disaster. That's just a fact. Will be very interested to hear what he has to say. GLTA

He will say that the expansion of the ecosystem, the delivery of Akida 2.0, progress in the development of next generations of Akida, the managed transition of founder CTO and whatever happens between now and then have set us up for a promising future. Sure, the 4c comment might haunt him a little but have we really ever been in a better position? I think not. We all get so focussed on share price because it reflects our daily dreads and dramas - but if we've invested for a long-term result then I'm prepared to have another couple of further downbeat AGMs before I lose confidence.

Remember what a wise old Freddie (or Finder?) said "if we get one percent.....".

Violin1

ps - in case I haven't mentioned this recently......GO PIES!

 

[Diogenese]

And Sean earns way too much money as CEO of a penny stock company with no income. And nobody here says something about it. Do you all find it o.k.?

How did you assess the value of what Sean brings to the company?

 

[Makeme 2020]

He will say that the expansion of the ecosystem, the delivery of Akida 2.0, progress in the development of next generations of Akida, the managed transition of founder CTO and whatever happens between now and then have set us up for a promising future. Sure, the 4c comment might haunt him a little but have we really ever been in a better position? I think not. We all get so focussed on share price because it reflects our daily dreads and dramas - but if we've invested for a long-term result then I'm prepared to have another couple of further downbeat AGMs before I lose confidence.

Remember what a wise old Freddie (or Finder?) said "if we get one percent.....".

Violin1

ps - in case I haven't mentioned this recently......GO PIES!

Talk is cheap.
True story.

 

[Violin1]

Myself, my extended family, and a few friends have foolishly lost a lot of money in the last 24 months. Thanks.
Will continue to be pissed off until we are back above $2

Did you sell and lose or are you sitting on a paper loss? I hope you and yours are holding and grinding teeth - so you can be rewarded and relaxed in a year or so. I'm not being flippant - I bought from in the mid $1s right down until I ran out of cash. Commsec tells me to be depressed but I think we'll be ok. Downside if you need to sell for a reason but if not, I'll be holding. It's not comfortable but hopefully our investment thesis will play out.

Best wishes

Violin1

 

[Diogenese]

Nice to see the company correct that typo, we all knew it was an accidental error, didn't we ?

Basically 6 months off from the AGM, why even raise the topic ?

Renesas is certainly playing mum, are we or aren't we ?

Company still working on support documentation for AKD II, true or false ?

Changes afoot on the SAB in the New Year ?

Will TATA be the next big IP signing ?

Will I actually come home to Perth in the New Year ?

One thing is for certain, AKD 1000 will be in space in about 6/7 weeks, the Brain will do us proud, show that robot how to do things Akida !
Edit: Too narrow for earthlings, but not in space ! love it !

Stay positive...Tech

Well the beauty of having to correct the typo is we get double exposure on the ASX notice front ...

 

[Evermont]

..........

U.S. Naval Research Laboratory on LinkedIn: Greg Trafton and his team members, Bill Adams and Nate Gyory, introduced…

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…

www.linkedin.com

View attachment 51319

Maybe Robot Ken gets his buddy after all.

BRN Discussion Ongoing

Searching Reuters articles for reference to the BRN headlines post by HC this morning and I find no mention of the 2 news headlines in a new BRN thread titled Hot News. I question why HC make a special effort to misrepresent FY losses and also to ridiculously point out that this fledgling...

thestockexchange.com.au

 

[Ian]

Talk is cheap.
True story.

True story? Are you 12 or just have intellect of a 12 year old?

 

[Pom down under]

Only 10% down today, the shorters and institutes must try harder

 

[Pom down under]

Getting the feeling BRN was red at close today? Haven't checked but taking a wild guess

 

[Violin1]

And Sean earns way too much money as CEO of a penny stock company with no income. And nobody here says something about it. Do you all find it o.k.?

I'm ok with it if he delivers over the next couple of years. I have a bit of doubt about the list someone posted. People running plumbing and electrical businesses are earning more - just that they are private and have lots of 'write-offs'.

 

[Violin1]

Talk is cheap.
True story.

Sure it is. Building a business to take advantage of a great opportunity and fundamental change in society needs more than talk. I think he's doing it. Bugger if I'm wrong - but I'm holding anyway.

 

[Pom down under]

Those more Tech savy than me (Dodgy knees).

Is this a foe or a friend with possible a link back to our future incomes?


OpenAI Agreed to Buy $51 Million of AI Chips
From a Startup Backed by CEO Sam Altman
Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain. OpenAI CEO Sam Altman previously made a personal investment in Rain.
SamAltman PHOTO-ILLUSTRATION: WIRED STAFF; GETTY IMAGES
Sam Altman was reinstated soon after being fired as OpenAI CEO last month, but still stood to gain had the company continued to develop ChatGPT without him. During Altman’s tenure as CEO, OpenAI signed a letter of intent to spend $51 million on AI chips from a startup called Rain AI into which he has also invested personally.
Rain is based less than a mile from OpenAI’s headquarters in San Francisco and is working on a chip it calls a neuromorphic processing unit, or NPU, designed to replicate features of the human brain.
FEATURED VIDEO
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OpenAI in 2019 signed a nonbinding agreement to spend $51 million on the chips when they became available, according to a copy of the deal and Rain disclosures to investors this year seen by WIRED. Rain told investors Altman had personally invested more than $1 million into the company. The letter of intent has not been previously reported.
The investor documents said that Rain could get its first hardware to customers as early as October next year. OpenAI and Rain declined to comment.
OpenAI’s letter of intent with Rain shows how Altman’s web of personal investments can entangle with his duties as OpenAI CEO. His prior position leading startup incubator Y Combinator helped Altman become one of Silicon Valley’s most prominent dealmakers, investing in dozens of startups and acting as a broker between entrepreneurs and the world’s biggest companies. But the distraction and intermingling of his myriad pursuits played some role in his recent firing by OpenAI’s board for uncandid communications, according to people involved in the situation but not authorized to discuss it.
The Rain deal also underscores OpenAI’s willingness to spend large sums to secure supplies of chips needed to underpin pioneering AI projects. Altman has complained publicly of a “brutal crunch” for AI chips and their “eye-watering” costs. OpenAI taps the powerful cloud of Microsoft, its primary investor, but has regularly shut off access to features of ChatGPT due to hardware constraints. According to a blog post about a closed door meeting he held with developers, Altman has said the pace of AI progress may be dependent on new chip designs and supply chains.
Rain touted its progress to potential investors earlier this year, projecting that as soon as this month it could “tape out” a test chip, a standard milestone in chip development referring to a design ready for fabrication. But the startup also has recently reshuffled its leadership and investors after reportedly an interagency US government body that polices investments for national security risks mandated Saudi Arabia-affiliated fund Prosperity7 Ventures to sell its stake in the company. The fund led a $25 million fundraise announced by Rain in early 2022.
The forced removal of the fund, first reported by
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Bloomberg Thursday and described in the documents seen by WIRED, could add to Rain’s challenges of bringing a novel chip technology to market, potentially delaying the day OpenAI can make good on its $51 million advance order. Silicon Valley-based Grep VC acquired the shares; it and the Saudi fund did not respond to requests for comment.
US concern about Prosperity7’s deal with Rain also raises questions about another effort by Altman to increase the world’s supply of AI chips. He’s talked to investors in the Middle East in recent months about raising money to start a new chip company to help OpenAI and others diversify beyond their current reliance on Nvidia GPUs and specialized chips from Google, Amazon, and a few smaller suppliers, according to two people seeking anonymity to discuss private talks.
Brain Trust
Rain, founded in 2017, has claimed that its brain- inspired NPUs will yield potentially 100 times more computing power and, for training, 10,000 times greater energy efficiency than GPUs, the graphics chips that are the workhorses for AI developers such as OpenAI and primarily sourced from Nvidia.
Altman led one of Rain’s seed financings in 2018, the company has said, the year before OpenAI agreed to spend $51 million on its chips. Rain now has about 40 employees, including experts in both development of AI algorithms and traditional chip design, according the disclosures.
The startup appears to have quietly changed its CEO this year and now lists founding CEO Gordon Wilson as executive advisor on its website, with former white-shoe law firm attorney William Passo gaining a promotion to CEO from COO.
Wilson confirmed his exit in a LinkedIn post Thursday, but did not provide a reason. “Rain is poised to build a product that will define new AI chip markets and massively disrupt existing ones,” he wrote. “Moving forward I will continue to help Rain in every way I can.” Over 400 LinkedIn users including some whose profiles say they are Rain employees commented on Wilson's post or reacted to it with heart or thumbs up emojis—Passo wasn't
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among them. Wilson declined to comment for this story.
The company will search for an industry veteran to permanently replace Wilson, according to an October note to investors seen by WIRED.
Rain’s initial chips are based on the RISC-V open- source architecture endorsed by Google, Qualcomm, and other tech companies and aimed at what the tech industry calls edge devices, located far from data centers, such as phones, drones, cars, and robots. Rain aims to provide a chip capable of both training machine algorithms and running them once they’re ready for deployment. Most edge chip designs today, like those found in smartphones, focus on the latter, known as inference. How OpenAI would use Rain chips could not be learned.
Rain at one point has claimed to investors that it has held advanced talks to sell systems to Google, Oracle, Meta, Microsoft, and Amazon. Microsoft declined to comment, and the other companies did not respond to requests for comment.
Security Fears
The funding round led by Prosperity7 announced last year brought Rain’s total funding to $33 million as of April 2022. That was enough to operate through early 2025 and valued the company at $90 million excluding the new cash raised, according to the disclosures to investors. The documents cited Altman’s personal investment and Rain’s letter of intent with OpenAI as reasons to back the company.
In a Rain press release for the fundraise last year, Altman applauded the startup for taping out a prototype in 2021 and said it “could vastly reduce the costs of creating powerful AI models and will hopefully one day help to enable true artificial general intelligence.”
Prosperity7’s investment in Rain drew the interest of the interagency Committee on Foreign Investment in the United States, which has the power to scuttle deals deemed to threaten national security.
CFIUS, as the committee is known, has long been concerned about China gaining access to advanced US semiconductors, and has grown increasingly worried about China using intermediaries in the

Middle East to quietly learn more about critical technology, says Nevena Simidjiyska, a partner at the law firm Fox Rothschild who helps clients with CFIUS reviews. “The government doesn’t care about the money,” she says. “It cares about access and control and the power of the foreign party.”
Rain received a small seed investment from the venture unit of Chinese search engine Baidu apparently without problems but the larger Saudi investment attracted significant concerns. Prosperity7, a unit of Aramco Ventures, which is part of state-owned Saudi Aramco, possibly could have let the oil giant and other large companies in the Middle East to become customers but also put Rain into close contact with the Saudi government.
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Megan Apper, a spokesperson for CFIUS, says the panel is “committed to taking all necessary actions within its authority to safeguard U.S. national security” but that “consistent with law and practice, CFIUS does not publicly comment on transactions that it may or may not be reviewing.”
Data disclosed by CFIUS shows it reviews hundreds of deals annually and in the few cases where it has concerns typically works out safeguards, such as barring a foreign investor from taking a board seat. It couldn’t be learned why the committee required full divestment from Rain.
Three attorneys who regularly work on sensitive deals say they could not recall any previous Saudi Arabian deals fully blocked by CFIUS. “Divestment itself has been quite rare over the past 20 years and has largely been a remedy reserved for Chinese investors,” says Luciano Racco, cochair of the international trade and national security practice at law firm Foley Hoag.

OpenAI likely needs to find partners with deep- pocketed backers if it is to gain some control over its hardware needs. Competitors Amazon and Google have spent years developing their own custom chips for AI projects and can fund them with revenue from their lucrative core businesses. Altman has refused to rule out OpenAI making its own chips, but that too would require significant funding.
Altman was ousted by OpenAI’s
Nearly all of OpenAI’s 770
Microsoft’s Satya Nadella is
to Ex-Twitch Boss
the Door
and Beyond
board on Friday but by Sunday was back in the building to negotiate a return. The board chose ex-Twitch CEO Emmett Shear as interim CEO instead.
PARESH DAVE
How OpenAI’s Bizarre Structure Gave 4 People the
employees have now joined a letter threatening to quit in protest over the board’s decision to fire CEO Sam Altman. They’re demanding he be reinstated.
WILL KNIGHT
Amazon’s Answer to ChatGPT Is a Workplace
reportedly “furious” following Altman's dramatic departure from OpenAI Friday. Meanwhile, OpenAI’s president and three senior researchers have resigned.
WILL KNIGHT
The Mystery at the Heart of the OpenAI Chaos
Paresh Dave is a senior writer for WIRED, covering the inner workings of big tech companies. He writes about how apps and gadgets are built and about their impacts, while giving voice to the stories of the underappreciated and disadvantaged. He was previously a reporter for Reuters and the Los Angeles Times,... Read

https://cdn.fbsbx.com/v/t59.2708-21/408063429_24166748902969206_6184898458354580512_n.pdf/OpenAI-Agreed-to-Buy-51-Million-of-AI-Chips-From-a-Startup-Backed-by-CEO-Sam-Altman-WIRED.pdf?_nc_cat=108&ccb=1-7&_nc_sid=2b0e22&_nc_ohc=AlBpepaaSlUAX_oTQbp&_nc_ht=cdn.fbsbx.com&oh=03_AdR99lMWBdCFJcPdrjVkRur4MXdfbz9l_PWOaPrSZaLj5A&oe=656EF30E&dl=1

Can I get the shorter version please

 

[Pom down under]

And Sean earns way too much money as CEO of a penny stock company with no income. And nobody here says something about it. Do you all find it o.k.?

 

[Pom down under]

Guys it’s been 742 days since our last license agreement. Don’t put that much hope into the timing of the capital call.

They need to pay for the Xmas party somehow