BRN Discussion Ongoing

[Pom down under]

After reading all the information about companies and the upcoming CES show in Vegas, I'd be disappointed if there's no Akida news

But I guess you’ll be back here down ramping when there isn’t any announcement

 

[Tothemoon24]

After reading all the information about companies and the upcoming CES show in Vegas, I'd be disappointed if there's no Akida news

Wow , what a revelation Sherlock

 

[Bravo]

After reading all the information about companies and the upcoming CES show in Vegas, I'd be disappointed if there's no Akida news

 

[IloveLamp]

After reading all the information about companies and the upcoming CES show in Vegas, I'd be disappointed if there's no Akida news

 

[Townyj]

If we get some news... Awesome. Maybe learn to not get your hopes up and wont be disappointed.

Cant wait for the Downies and Whingers to come out all guns firing if we dont get anything.

 

[DingoBorat]

I understand your anticipation. Unfortunately I don't have any real-time information for you. For the latest news on Akida or any other updates from CES, I recommend checking the official CES website for the most current information.

Why did you delete your only other 2 posts? ..

And then after being a forum member for almost 2 years, suddenly pop your head up to reply to a known troll?

 

[David holland]

I understand your anticipation. Unfortunately I don't have any real-time information for you. For the latest news on Akida or any other updates from CES, I recommend checking the official CES website for the most current information.

Thx mate

 

[Diogenese]

Hi All
I am a bit interested in the term 'NVISO Group'.

Anyone know what companies make up the 'Group'?

I ask only because when they were chasing funds offering shares and sent out some material I don't recall anything about there being other
companies involved or about them being part of a Group. I did not follow up their offer so know no more than this.

My opinion only DYOR

Hi FF,

Looks like it's their official name:

https://nviso.ai/terms-of-use/
These Terms of Use define the terms by which you may use the nviso.ai website (“Website”), and are an agreement between you and NVISO Group Limited, Parc Scientifique EPFL, PSE-D, 1015 Lausanne, Switzerland (“Company”) (the Company and Website are collectively referenced as “we” or “us”). By using this Website, you expressly acknowledge that you have read, accept, and agree to be bound by these Terms of Use, as well as any applicable laws hereunder. You should not use this Website, if you do not agree to these Terms of Use.

 

[David holland]

View attachment 53698


But I guess you’ll be back here down ramping when there isn’t any announcement

No I won't be downraping, but I'm sure many will, and after every downramp I'm going to write your name to it

 

[Terroni2105]

Aren’t we involved with Both ?

No, they are two separate companies, we are working with one

edit: I think I could be wrong on this, they may be related
edit edit: no I’m pretty sure Nviso.ai and Nviso.eu are Different (but I’m going to stop posting now be a I’m confusing myself lol)

 

[David holland]

Wow , what a revelation Sherlock

To the moon and back ,Sit on it

 

[Fact Finder]

Many thanks Wizy123 it is certainly interesting and gives some substance to the Nviso Brainchip partnership:

https://company-announcements.afr.com/asx/ypb/54c23c06-2c0d-11ee-9451-326dbffed562.pdf

I wanted to copy and paste some parts but it was resistant to my advances.

Still leaves some scope for more information about the use of ‘Group’ but definitely a must read.

My opinion only DYOR
Fact Finder

Hi All

I have finally been able to extract the following paragraph from the YPB link, an ASX listed company:

“NVISO through its wholly owned subsidiaries in Switzerland and Japan has existing agreements with global OEM brands such as Panasonic, and major global automakers. Their present applications include Consumer Robots, Gaming and Avatars, Healthcare Patient Monitoring, and Automotive Interior Sensing and is a pioneer in Artificial Intelligence (AI) with heavy investment and EU government support over its fourteen-year life. Nviso SA was founded in 2009 in Switzerland with operations in Japan and recently, as part of its management and Board changes, has its Corporate Headquarters in Australia under NVISO Group Limited.”

Not wishing to get into too much legalese but the above clearly forms part of the information relied upon by YPB to decide to enter the agreement with Nviso and pay Nviso $250,000.00.

This gives YPB if this information is materially incorrect grounds to rescind the agreement and claim damages.

In my opinion this paragraph adds much more weight to the importance that might otherwise attach to what could be described a marketing or promotional information direct from Nviso without any prejudice attaching.

My opinion only DYOR
Fact Finder

 

[Fullmoonfever]

Yep...would suggest they used the wrong logo

The link in our blurb takes you to the NVISO we already partnered with in the HMI environment whereas the other NVISO is cybersecurity.

BrainChip and NVISO Group Demonstrate AI-Enabled Human Behavioral Analysis at CES 2024

Experience the future of human-machine interaction with NVISO Group and BrainChip's groundbreaking collaboration.

brainchip.com

These are the logos I recall from our existing partner. At least they are spelt right
View attachment 53646


View attachment 53645

Not this one.

View attachment 53647

Good work @Terroni2105

They changed it to the right logo.

Better late than never I guess.

 

[Taproot]

Not sure if this has been shared
Thanks @davidfitz for the above post.



Learning

Excellent !!
Akida1500 making its debut at CES
1.50 Min mark.

 

[Taproot]

Excellent !!
Akida1500 making its debut at CES
1.50 Min mark.

BrainChip Tapes Out AKD1500 Chip in GlobalFoundries 22nm FD SOI Process

BrainChip tapes out the AKD1500 chip using GlobalFoundries' 22nm FD-SOI process, marking a significant milestone in AI chip development.

brainchip.com

The AKD1500 uses the latest features of BrainChip’s extremely energy-efficient, event-based, Akida™ AI IP in combination with the GlobalFoundries’ ultra-low leakage, proprietary FDX™ process technology platform, to deliver an ideal solution for always-on, at-sensor applications or other low-power embedded applications in AIoT, industrial, consumer and automotive markets.

In always-on, at-sensor use cases, Akida can completely offload feed-forward networks without the use of a CPU, which enables extremely energy efficient intelligent sensors. For other low-power embedded applications, the CPU solely performs sensor fusion processes or runs the application with Akida managing all the AI acceleration to significantly minimize CPU workload and system load, freeing up the MCU for other general-purpose computation.

The AKD1500 is designed as an accelerator reference chip, using quad/octal SPI interfaces for MCU modules and PCIe for extensible cards, which assists partners in developing and demonstrating their solutions as a stepping stone to integrating the Akida IP into their production SoCs.

 

[Mt09]

Clearly LG doesn't want to be left behind......

Loving our partnership with Tenstorrent.....

Tenstorrent Partners with LG to Build AI and RISC-V Chiplets for Smart TVs of the Future

TORONTO, CA – May 30, 2023 Tenstorrent and LG Electronics Inc. (LG) are pleased to announce they are collaborating to build a new generation of RISC-V, AI and Video Codec Chiplets to potentially power…

tenstorrent.com

LG’s 2024 OLED TVs put a bigger focus on AI processing than ever before

But there are plenty of other upgrades, even at the low end.

www.theverge.com

View attachment 53686 View attachment 53688

Brainchip have a partnership with Tenstorrent?? Just because they were on our podcast doesn’t mean we have a partnership.

 

[Investig8ed]

https://www.linkedin.com/feed/updat...(V2,urn:li:activity:7149848471041114113)[/URL

http://Janet Wiles From Queensland University is an Interesting person.

 

[Frangipani]

Hi All

I have finally been able to extract the following paragraph from the YPB link, an ASX listed company:

“NVISO through its wholly owned subsidiaries in Switzerland and Japan has existing agreements with global OEM brands such as Panasonic, and major global automakers. Their present applications include Consumer Robots, Gaming and Avatars, Healthcare Patient Monitoring, and Automotive Interior Sensing and is a pioneer in Artificial Intelligence (AI) with heavy investment and EU government support over its fourteen-year life. Nviso SA was founded in 2009 in Switzerland with operations in Japan and recently, as part of its management and Board changes, has its Corporate Headquarters in Australia under NVISO Group Limited.”

Not wishing to get into too much legalese but the above clearly forms part of the information relied upon by YPB to decide to enter the agreement with Nviso and pay Nviso $250,000.00.

This gives YPB if this information is materially incorrect grounds to rescind the agreement and claim damages.

In my opinion this paragraph adds much more weight to the importance that might otherwise attach to what could be described a marketing or promotional information direct from Nviso without any prejudice attaching.

My opinion only DYOR
Fact Finder

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:

Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud

Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceedings four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

 

[Kachoo]

What the YPB ASX announcement doesn’t tell you, though, is that the original company NVISO SA, headquartered in the Swiss canton of Vaud/Waadt as well as its branch in the canton of Jura were declared bankrupt only six weeks later, on September 7, 2023!

Mmmhhh…

This is what I discovered, when trying to find out more about the NVISO Group:


View attachment 53707


Insolvenzeröffnung means opening of insolvency proceedings.

It then led me to the following documents published by the Swiss Official Gazette of Commerce:

ZefixWebApp

www.zefix.ch

View attachment 53708




View attachment 53709

Translation by DeepL:


Category: Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 14.09.2023 Publication number: HR02-1005838387


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Ecublens (VD), new nViso SA in liquidation


nViso SA in liquidation


Parc Scientifique EPFL, PSE-D 1015 Lausanne


nViso SA, Ecublens (VD), CHE-112.479.650 (Swiss Official Gazette of 11.05.2023, p. 0/1005744331). By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the company bankrupt with effect from 07.09.2023 at 11:00 am. The company name becomes: nViso SA in liquidation. Balimann Gérald and Vuffray Alain are no longer debt-restructuring commissioners.


Daily register no. 14882 of 11.09.2023


Previous publication in FOSC: no 91, Date: 11.05.2023 Contact point: Registre du commerce du Canton de Vaud


View attachment 53710



Entries in the commercial register Subcategory: Mutation


Publication date: SHAB 19.09.2023 Publication number: HR02-1005841386


Publication entity


Bundesamt für Justiz (BJ), Eidgenössisches Amt für das Handelsregister, Bundesrain 20, 3003 Bern


Change nViso SA, Le Noirmont branch, Le Noirmont, new nViso SA in liquidation, Le Noirmont branch


nViso SA in liquidation, Le Noirmont branch Sous-la-Velle 14


2340 Le Noirmont


Previously


nViso SA, Le Noirmont branch


nViso SA, branch of Le Noirmont, in Le Noirmont, CHE-397.053.786, Swiss branch (No. FOSC 57 of 21.03.2012, p.0, Publ. 6604204), Head office in: Ecublens (VD). New company name: nViso SA in liquidation, Le Noirmont branch. New company name of head office: nViso SA in liquidation [previously: Company name of head office: nViso SA]. New remarks from the head office: By decision of 07.09.2023, the President of the District Court of Lausanne revoked the debt-restructuring moratorium and declared the head office bankrupt on 07.09.2023, at 11:00 a.m.


Daily register no. 1355 of 14.09.2023


Previous publication in the FOSC: no 57, Date: 21.03.2012 Contact: Registre du commerce du Canton du Jura


I recall a number of (since deleted) posts here on TSEx around the time when former CEO Tim Llewellyn got fired, but the bankruptcy proceeding four months ago have never been a discussion topic, as far as I can tell.

I strongly suspect that Sword of Damocles was the reason why the new legal construct of NVISO Group was formed, with corporate headquarters in Australia, shortly before the original company was liquidated in Switzerland. Maybe someone with knowledge in international business law can comment on the legality of such proceedings?

According to LinkedIn, NVISO has had a sales manager in Japan since 2019, so their presence there is not new.

View attachment 53711


What I find extremely weird is that neither NVISO’s website nor its LinkedIn post history mention anything at all about the company’s death and resurrection. As if nothing had happened.

However, I trust the Brainchip management is aware of all this, since they’ve been cooperating with NVISO all this time and would know more about what was going on behind the scenes, and we can only hope the newly registered company is financially healthy now.

I would go with it was a financial restructure. A company can operate they are given money to keep the business going and basicly new debt is offered and new owners take over with limited noise.

Take a read about a 8 billion loss on Weatherford international they went bankrupt but business continued with out a issue.

The bond holder became the main shareholders it was in their best interest.

So for Nviso they must have something of value that resulted in their survival and continued operations. Which would be a good thing IMO.

 

[Tothemoon24]