BRN Discussion Ongoing

[Diogenese]

Holy Qaucomole! Renee Haas (Arm CEO) interview on Bloomberg four days ago. The interviewer asks him at 3.20 mins "Why not push Arm even closer to the heart of AI chip-making by designing an accelerator?"

You should see the expression on Renee's face! He-he-he!

He replies saying something like "Ahhhhhhhhhh, we could...Ahhhhhhh.... Not talking about products that we haven't leaned forward in terms of unannounced devices.The way I think about the market today is that we're doing the IP and then going foward we're doing what we call subsystems, that's talking blocks of IP and having them be a finished solution: a GPU and accelerator atc, etc. The next step forward we'lll be doing a bit more on that, maybe something physical. We haven't talked publically about doing that, but is it in the spectrum of what we could do, you know quite possibly".

At 5.20 Renee is asked to explain how he sees Arm fitting into Softbank's very ambitious plans for AI. He replies saying in regards to Masayosi Son " that very device that he might be looking at on a hardware side or a software side is probably going to run with or through Arm so understanding what that synergy is, but more important how to accelerate it, I think that is the unique attribute that we bring to his portfolio".

Arm CEO Haas Shares Vision for Powering AI Revolution

Rene Haas, CEO, Arm discusses his vision for the semiconductor industry that is not only powering, but reshaping the future of computing with Bloomberg’s Tom Giles at Bloomberg Tech in San Francisco. (Source: Bloomberg)

www.bloomberg.com

It would be nice, but we shouldn't lose sight of the fact that ARM have been working on their own, albeit inferior, MAC-based NPU:

US2024028877A1 NEURAL PROCESSING UNIT FOR ATTENTION-BASED INFERENCE 20220721

[0066] At stage S 11 , the direct memory access element ( 112 ) of the NPU ( 106 ) fetches compressed projection matrices WQ , WK , and WV from the flash memory ( 102 ). The weight decoder ( 120 ) decodes the compressed matrices. The MAC engine ( 116 ) calculates query matrix Q, key matrix K, and value matrix V by multiplying the query projection matrix WQ , the key projection matrix WK , and the value projection matrix WV , by input matrix X.

This arrangement is suitable of natural language processing as it provides access to earlier speech to provide context via the DMA 112.

Of course, ARM will be fully aware of TeNNs, so does all the discussion about not making the Akida SoC so as not to anticipate a customer come back to ARM?

We joined ARM menagerie in May 2022. The patent was filed in July 2022. They would probably have been working on the patent before the BRN/ARM cooperation began because of the preliminary R&D. Akida 2 came later (March 2023?).

So we can assume ARM have known about TeNNs for about a year to 15 months or more. TeNNs patents were filed in June 2022, so BRN could have been discussing TeNNs under NDA from then onwards, so ARM may have known about TeNNs for almost 2 years.

 

[Luppo71]

So you'd sell for $2.500?

Switch the comer for a decimal point and slide it right 1 champ.

 

[FJ-215]

Anyone else get a call regarding their voting intentions?

 

[MDhere]

Has anyone received a call from an 03 number asking questions whether we have voted or not ? Got some random 03 call with a lady saying she had been asked by Brainchip to check if we have voted yet or not??

 

[davidfitz]

Just got a call from IR (Boardroom?) about the upcoming AGM, was asked a couple of questions and about how I was likely to vote. Thought that was a bit strange as it is the first time in 9 years that they have contacted me. Maybe it is due to my increased holding or maybe they are trying to get a feel for what to expect. Don't really know or care but remember that if you are voting online the cut off is end of business on 19 May or your vote won't count.

 

[MrRomper]

Has anyone received a call from an 03 number asking questions whether we have voted or not ? Got some random 03 call with a lady saying she had been asked by Brainchip to check if we have voted yet or not??

Yes. Got one around midday. Asked me about my voting intention.
The BOD recommends....

 

[JB49]

If you don't vote is it an automatic yes?

 

[Schwale]

Anyone else get a call regarding their voting intentions?

Yes. I just got a call from a Melbourne based research company commissioned by Brainchip via Computershare. They wanted to know if I supported the board with its decisions etc. Very interesting indeed. Looks like they are up to something.. time will tell i guess

 

[Damo4]

Anyone else get a call regarding their voting intentions?

Also received the call just now

 

[toasty]

Yes. I just got a call from a Melbourne based research company commissioned by Brainchip via Computershare. They wanted to know if I supported the board with its decisions etc. Very interesting indeed. Looks like they are up to something.. time will tell i guess

Seems to me the only reason they would be doing this is they are nervous about a second strike. I wonder if one or more of the insto's have indicated an intention to vote no????? Or suspicion is rife that voting in a particular manner might open the door to a hostile takeover??? All seems quite odd.........

 

[FJ-215]

Yes. I just got a call from a Melbourne based research company commissioned by Brainchip via Computershare. They wanted to know if I supported the board with its decisions etc. Very interesting indeed. Looks like they are up to something.. time will tell i guess

You should never assume......but I'm going too.

Early votes may not have gone in the Boards favour so man (um..person?) the phones for some support.

 

[Dr E Brown]

Seems to me the only reason they would be doing this is they are nervous about a second strike. I wonder if one or more of the insto's have indicated an intention to vote no????? Or suspicion is rife that voting in a particular manner might open the door to a hostile takeover??? All seems quite odd.........

I don’t see it as odd at all. I see it as common sense and diligent. Understand the lay of the land before the event.

 

[toasty]

I don’t see it as odd at all. I see it as common sense and diligent. Understand the lay of the land before the event.

I say its odd because its out of character for BRN. I've held for 7 years and this has never happened in that time............

 

[Schwale]

I say its odd because its out of character for BRN. I've held for 7 years and this has never happened in that time............

I agree with you Toasty. I have held since early 2016 and despite the last 7 AGM's only on this occasion has how i voted been canvassed? Why this year, whats different? What is Sean setting us up for? Is this a part of his 5 year plan?

 

[Bravo]

It would be nice, but we shouldn't lose sight of the fact that ARM have been working on their own, albeit inferior, MAC-based NPU:

US2024028877A1 NEURAL PROCESSING UNIT FOR ATTENTION-BASED INFERENCE 20220721


View attachment 62807

[0066] At stage S 11 , the direct memory access element ( 112 ) of the NPU ( 106 ) fetches compressed projection matrices WQ , WK , and WV from the flash memory ( 102 ). The weight decoder ( 120 ) decodes the compressed matrices. The MAC engine ( 116 ) calculates query matrix Q, key matrix K, and value matrix V by multiplying the query projection matrix WQ , the key projection matrix WK , and the value projection matrix WV , by input matrix X.

This arrangement is suitable of natural language processing as it provides access to earlier speech to provide context via the DMA 112.

Of course, ARM will be fully aware of TeNNs, so does all the discussion about making the Akida SoC so as not to anticipate a customer come back to ARM?

We joined ARM menagerie in May 2022. The patent was filed in July 2022. They would probably have been working on the patent before the BRN/ARM cooperation began because of the preliminary R&D. Akida 2 came later (March 2023?).

So we can assume ARM have known about TeNNs for about a year to 15 months or more. TeNNs patents were filed in June 2022, so BRN could have been discussing TeNNs under NDA from then onwards, so ARM may have known about TeNNs for almost 2 years.

Hi Dodgy,

This EETimes article dated 4 April 2024 provides the following details on Arm's U85 NPU.

I wonder how this U85 NPU's performance compares with the performance capabilities of AKIDA combined with Arm Cortex M-85? I remember watching Nandan's Arm Tech Talk in which he delved into AKIDA-P combined with Cortex M-85 but I don't beleive that he discussed any actual performance details unless I'm mistaken?

You would have to think that the comparative results exist somewhere and surely they would have to show show more than 4 TOPs performance.

The extract below is VERY interesting especially when you think that AKIDA 2.00 has been scaled up to 131TOPS.

EXTRACT

https://www.eetimes.com/arm-brings-transformers-to-iot-devices/

 

[Shadow59]

I say its odd because its out of character for BRN. I've held for 7 years and this has never happened in that time............

I have never heard of this happening before, certanly not with any stock I've ever owned. Just for the record I've just voted against the spill.

 

[HopalongPetrovski]

Hi all.

I just got the reminder and status quo recommendation call regarding the upcoming AGM vote, too.

I have received similar calls before, relating to various issues at Companies I hold.

I think it usually occurs when they think a vote is going to be tight.

As I understand it if you don't bother to vote it will be counted anyway in favour of the Company's agenda.

 

[FJ-215]

I agree with you Toasty. I have held since early 2016 and despite the last 7 AGM's only on this occasion has how i voted been canvassed? Why this year, whats different? What is Sean setting us up for? Is this a part of his 5 year plan?

I'm going to assume again........

He wants to keep his job so he can implement the other half of his plan..

Rest of the Board have nice, comfy seats, doubt they want to give them up either.

 

[Dr E Brown]

I say its odd because its out of character for BRN. I've held for 7 years and this has never happened in that time............

I too have held since 2016. It’s a new thing for BRN, which you have classified as odd, all well and good. This has happened with several other stocks I own or have owned.
My gut tells me that the vote for remuneration package may be critical in terms of who if anybody we are able to get on board for Sales and/ or ecosystems. I think the vote is company critical in how it is viewed by customers current and future. Are we the real deal or ……?
What has been achieved this year in terms of positioning this company for the future is fantastic.
Looking for what could happen with the right go to market strategy, have a little look at Palantir in the last 12 months. Sales exploding but ……. share price imploding!

 

[greatlake]

Got the call today, will vote to not cause a spill which I believe will be the outcome and away we go again business as usual. Our best outcome will be to hold the board but keep the snouts out of the trough till significant dollars roll in.