BRN Discussion Ongoing

[Baisyet]

Always a good sign when we get picked up by an Institution such as Macquarie. In my experience this is the first of what could be ongoing coverage. No recommendation yet. It will come though once they get a feel for the company and form a stronger bond.

Thanks for the post mate. cheers

 

[White Horse]

Posted this earlier for the usual clowns on HC still banging on about Loihi

Just a recent update to Intel Loihi for those interested

https://www.theregister.com/2022/04/15/intels_neurochips_could_one_day/?td=amp-keepreading-btm

Intel’s neurochips could one day end up in PCs or a cloud service​

The brain-like chip technology could aid with low-power AI tasks like speech recognition​

Dylan MartinFri 15 Apr 2022 // 16:30 UTC


In a recent roundtable with journalists, Intel Labs lead Rich Uhlig offered two possibilities: integrating Loihi in a CPU for PCs to perform energy-efficient AI tasks and potentially offering the its neuromorphic chips as a cloud service, although Uhlig was clear he wasn't firming actual product plans, just projecting what could theoretically happen in the future.

"Right now with Loihi, we're at that point where we think we're onto something, but we don't actually have product plans yet. We're sort of earlier on in that work stream," he said last month.

I just gave our friend Dylan, a bit of a rev up.

 

[Bravo]

I just gave our friend Dylan, a bit of a rev up.

White Horse please tell me you aren't Arthur the cat in disguise?

 

[eSC2]

Just curious, when is the 4c expected? End of this week or next?

 

[AusEire]

Just curious, when is the 4c expected? End of this week or next?

Before the end of the month I believe? So before the 29th which would be the end of next week

 

[Deena]

Just looking of the depth of sellers in the market at the moment and it is incredibly low.

The SP seems to be rising. Do you think that the above may have anything to do with it?

Hmm. Where have all the sellers gone?

 

[Boab]

Always a good sign when we get picked up by an Institution such as Macquarie. In my experience this is the first of what could be ongoing coverage. No recommendation yet. It will come though once they get a feel for the company and form a stronger bond.

Thank you for that. It was a good refresh of all that has happened and what possibly is to come. Seemed to be a very well balanced, thorough report. I read it as leaning towards a buy.....but no official recommendation....yet.

 

[Boab]

Just looking of the depth of sellers in the market at the moment and it is incredibly low.

The SP seems to be rising. Do you think that the above may have anything to do with it?

Hmm. Where have all the sellers gone?

 

[Bravo]

Mercedes to unveil its first all-electric 'EQS SUV' today; here's what we know

Mercedes has promised a high-tech interior in its upcoming car and said that the EQS SUV could cover up to 600km on a single charge.

www.businesstoday.in

 

[Yak52]

I have been pondering that for the last hour.

If he held BRN shares I don’t think it makes sense particularly not on the BRN thread.

If he is wearing his DELL hat that is not the way to win friends and get future contracts.

It is very unusual in my opinion. Maybe he is just a goose and is a die hard Mercedes Benz fan???

Any ideas???

FF

AKIDA BALLISTA

Well even intelligent smart Professionals make mistakes and can become "emotional' and make foolish statements , much like us more common plebs.

A case to point is that of a certain " plastic surgeon" from Brisvegas who would fly home to central QLD every weekend (in his private jet) after work. He apparently was a anti-vaxxer and the AMA disapproved of this and suspended his medical licence.
Understandably he was rather emotional at having lost his income & probably his career he replied to "someone" in an email/text that if thats the case (suspended) then he might as well fly his (very nice) Cessna Mustang private jet into a bunch of Politicians crowded around in a room in Canberra! (got the drift?)

Well it apparently only took several hours before some anti-terrorist types along with AFP turned up at his mansion with the parked Cessna Jet outside and impounded it, not to be touched or moved!

End result is a big mess for an emotional outburst anybody could make, probably lost his PPL and aircraft($3 Mil +) and undoubtedly a negative against any further medical practition in the future.

Only "silver cloud" to be seen is he would have the {assets} Funds (if not frozen/seized) to launch a legal challenge to clear his name!

To "add" to this story.............as part of my own PPL Medical the CASA dept looks at my facebook, forums(such as here) and any emails they can access.

So..........be careful what you say anywhere and at any time! lol. "They" truly are watching it would seem.

Yak52

 

[Fact Finder]

Just looking of the depth of sellers in the market at the moment and it is incredibly low.

The SP seems to be rising. Do you think that the above may have anything to do with it?

Hmm. Where have all the sellers gone?

I could be cruel and say on a budget airline to Bali for Easter and they are too drunk to read the screen on their cell phones and panic sell.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[Fact Finder]

Hi FK
Something else to consider earlier this year late last year Anil Mankar spoke to the growth in staff numbers and he put a number of either 70 or 80 by end of 2022.

Sean Hehir has now settled on 100 by end of 2022 which is an approximate increase of 30 plus percent on the previously advised numbers. This is a massive increase in a very short period of time.

It is speculation but the up swing in publications referencing Brainchip, the new engagements the 1,000 Eyes have revealed, as well as those revealed by the company and the request by the CEO to look to the financials and his comment about being cash flow positive are very clear indicators of Brainchip meeting it’s communicated timetable of revenue ramping up second half 2022.

My opinion only DYOR
FF

AKIDA BALLISTA

Hi FK
Apologise for the errors in this post which I have now corrected. We were baby sitting and I replied on my phone which has been doing some strange things last couple of days.(probably my fault) Now on the PC and saw the mistakes. FF

 

[Fullmoonfever]

Was flicking back through some earlier BRN Anns...well...some old old ones.

One for the 2019 Mar Qtr that LTH's probs know all about but was looking at some of the following at that time:

Some names I'm aware of, some I hadn't looked at but maybe others can expand on, recall or maybe worth a revisit to some?

 

[Sirod69]

BrainChip selected by U.S. Air Force Research Laboratory to develop AI-based radar

BrainChip, the world's first commercial producer of neuromorphic artificial intelligence chips and IP, today announced that Information Systems Laboratories (IS

inf.news

i like it!!!

 

[Filobeddo]

Hi FK
Apologise for the errors in this post which I have now corrected. We were baby sitting and I replied on my phone which has been doing some strange things last couple of days.(probably my fault) Now on the PC and saw the mistakes. FF

Haha FF now don’t be blaming the phone

 

[Bravo]

Haha FF now don’t be blaming the phone

 

[Evermont]

On 13th October last year a colleague and I made a call to Brainchip. At that time the SP was falling and despite our nerves of steel in relation to this share we needed some reassurance that things were going in the right direction. We spoke with this person for over an hour on multiple topics and although no information was divulged on any EAP's or NDA's that weren't already known, we were pointed in the direction of taking a good look at the Renesas website. Looking at your post above, I can only conclude, in my opinion, that this is one of the items that is using our tech.

In December last year Peter provided some comments to VM Blog on his predictions for AI in 2022.

Point 4 should be considered with the above.

Cheers.

NB - IMO the trading is now looking quite bullish after an extended soak. I see many similarities with the December and would not be surprised to see a significant change of price point in the near term (geopolitical events aside) . Macquarie may be a catalyst here?


Industry executives and experts share their predictions for 2022. Read them in this 14th annual VMblog.com series exclusive.

2022 a Breakthrough Year for AI​

By Peter van der Made, co-founder and CTO, BrainChip
Each year I am privileged to be asked to comment on the future of AI technologies, their progress and their promise in the year to come. In 2022, I believe we will see more progress, and more promises realized, than any year so far. Here is what I and my colleagues in AI expect to see:

1. AI processing will increasingly move from the cloud into edge devices with the availability of the Akida neuromorphic processor. Distributed processing has many advantages, including the reduction of total power consumption. Cloud datacenters emit as much as an estimated 600 megatons of greenhouse gasses a year. Distributed processing could reduce this figure considerably, because neuromorphic processing of CNNs on an SNN platform uses 97% less energy. AI devices will work independent of the cloud and the internet in 2022. This is similar to what happened in the 1980s: before 1980, data was processed at central mainframe computers. The IBM PC changed that to distributed processing.
   
   
2. The rigid "train once and stop learning" rule of CNNs will become a limiting factor in CNN development. Real-time learning of new objects and faces will become more important as AI devices will need to have the capability to be personalized by the end user without extensive retraining. The neuromorphic processing of CNNs on an SNN platform offers this capability.
   
   
3. The AI field will continue to expand beyond visual recognition to include all the human senses, including odor and gas recognition, taste classification, voice identification, vibration analysis for early fault detection, and other ‘expert systems.'
   
   
4. AI will become more commonplace in everyday products; refrigerators that can smell if any food is about to go off to prevent food poisoning, washing machines that monitor waste water for pollutants, TVs that understand our voice commands, cars that recognize their drivers and make sure the driver is awake and paying attention, hand-held medical diagnostic monitors that detect diseases from a single breath, smarter ADAS that continues to learn and become a better driver with experience, and more use of AI in industrial sensing to create a safer work environment.
   
   
5. AI tools will become easier to use, not requiring any specialist knowledge, whereby the development systems will hide the complicated ‘expert' work under a user-friendly graphical user interface, much like what Apple did for computer operating systems when MS-DOS was the common norm.

##
ABOUT THE AUTHOR

Peter van der Made is co-founder and CTO of BrainChip, a leading provider of ultra-low power, high-performance artificial intelligence technology and the world's first commercial producer of neuromorphic AI chips. The chip is high performance, small, ultra-low power and enables a wide array of edge capabilities that include on-chip training, learning and inference.
Published Thursday, December 23, 2021 7:31 AM by David Marshall
Filed under: VMBlog Info, Contributed, Prediction 2022

BrainChip 2022 Predictions: 2022 a Breakthrough Year for AI : @VMblog

In 2022, I believe we will see more progress, and more promises realized, than any year so far. Here is what I and my colleagues in AI expect to see.

vmblog.com

 

[Sirod69]

Renesas, you have already talked about it, i know

LinkedIn Login, Sign in | LinkedIn

Login to LinkedIn to keep in touch with people you know, share ideas, and build your career.

www.linkedin.com

 

[Fact Finder]

Always a good sign when we get picked up by an Institution such as Macquarie. In my experience this is the first of what could be ongoing coverage. No recommendation yet. It will come though once they get a feel for the company and form a stronger bond.

Hi Belkin

Thank you for sharing this Macquarie analysis of Brainchip. We both share a long time holding tightly to our Brainchip investment and have had to suffer like many with the unsubstantiated attacks from HC trolls, the AFR, the MF, various analysts with short agendas, shorts and all round cheats, liars and fools.

Macquarie has sufficient gravitas in the Australian market that in my opinion the acceptance by it of certain matters as being fact should mean that no reasonable person will be lured into being influenced by those who in the past held sway claiming to be the voice of reason.

So as much for myself as for others I have extracted the following from the report by Macquarie, based on my own memory all the facts stated by Macquarie were constantly with almost a religious zeal disputed by the above mentioned cohort. The whole report should be read of course:

Key points:

BRN is a pure-play AI company, producing a neuromorphic processor called Akida.

Akida has utility across consumer and industrial applications, including autonomous vehicles, IoT devices, medical diagnosis.

Neuromorphic chip market is still nascent in a commercial sense, there is high competition & new technology risk from major players (e.g Intel & IBM)

Advantages of the Akida chip

Independence from cloud: Akida manages AI tasks at the Edge of the network instead of sending data to the cloud. Without needing an ongoing internet connection, Akida provides reduced system latency and faster response times

One shot learning: Reduces resources required to train models due to efficiency in accommodating new data inputs. Learns from very small set of samples and expands knowledge as more data is absorbed.

Low power consumption: Uses 100 microwatts to a few hundred milliwatts of power depending on the workload. It generates minimal heat from consuming low power, so the chip should outlive the product it has been installed into.

On-chip fast learning and convolution: Traditional software-based neural networks (e.g CNN) can be efficiently run on BRN’s SNN by leveraging TensorFlow for industry standard neural network development.

Small and lightweight: 28nm chip can be designed into wearable devices and flying machines (e.g drones, aircraft, spacecraft).

Financials and risks

• FY21 revenue of US$1.59M was a significant increase from US$120,829 in FY20, but still loss-making on EBITDA level.

• Risks: IP, Reliance on key personnel, competition and new technologies, future funding requirements

Employs a Scientific Advisory Board (SAB) consisting of three cognitive scientists and industry experts, including Nobel Prize Laureate Professor Barry J. Marshall, who joined in July 2020.


Directors’ background Management background

• Sean Hehir (CEO & Executive Director): Joined in November 2021, a seasoned technology executive and board member of Silicon Valley Executive Network. Responsible for driving explosive revenue growth for HP, Compaq and Fusion-io.

• Peter van der Made (CTO & Executive Director): Co-founder of BrainChip. Previously CTO, founder and Chief Scientist of vCIS Technology, later Chief Scientist when acquired by Internet Security Systems and IBM. Also founded PolyGraphics Systems.

• Antonio Viana: On the board of Arteris, a leading provider of NoC interconnect. Previously Executive Chairman at QuantalRF, former ARM President and EVP of Commercial and Global Development.

• Geoffrey Carrick: On the board of Global Study Partners and VCF Capital Partners. Previously Head of Equity Capital Markets at CBA, Director of Equity Capital Markets at Macquarie Group and Head of Finance of Shaw & Partners.

• Pia Turcinov: Manages a portfolio career with qualifications in business management and law.

• Kenneth W. Scarince (CFO): Joined in 2019. Previously held senior management positions as Finance Director of Midwest Connect, Controller of Virgin Galactic, VP and Controller of Virgin America, VP Finance of Chicago Express Airlines.

• Anil Shamrao Mankar (CDO): Co-founder of BrainChip, previously CDO for Conexant Systems LLC, VP Business Development at T2M and Senior VP-VLSI Engineering at Mindspeed Technologies.

• Jerome Nadel (CMO): Joined in January 2022 from Rambus, a NASDAQ-listed semiconductor technology company. Previously held senior positions at Sagem, Thales, wireless and IoT solutions provider Option NV, Unisys and IBM. Board member of Silicon Valley Executive Network and President of Silicon Valley chapter of CMO club, a global community of marketing executives

Competition
BRN states it has a competitive advantage over rivals in the commercialisation process as other neuromorphic chips are still in the R&D stage.

IBM TrueNorth • Produced in 2014, a single processor consists of 5.4 billion transistors, 1 million neurons, 256 million synapses using 4,096 cores. Although it only uses milliwatts of power, each synapse needs to be programmed, which restricts the chip’s learning capabilities in real-time. Does not have backward compatibility with previous technology (e.g C++ compilers) and has vendor lock-in risks. ML workflow requires learning Corelet.

Intel Loihi • Introduced Loihi in January 2018 and its successor Loihi 2 in 2021, which provides 10x faster processing, 15x resource density and improved energy efficiency with a 7nm chip. Loihi 2 consists of 1 million neurons and 120 million synapses but lacks on-chip convolution and requires learning NEF for ML workflow. In 2019, Intel said they’re 5 years away from commercialisation.

Google Coral TPU • Introduced in 2019, Google Coral TPU is a ML application-specific integrated circuit (ASIC) designed to run AI at the edge. Provides high performance ML inferencing for low-power devices but only supports TensorFlow Lite. An individual Edge TPU performs 4 trillion (fixed-point) operations per second and consumes 2-5W of power.

DLAs (e.g Nvidia) • Launched in 2017, Nvidia produced an open-source hardware neural network AI accelerator written in Verilog. It is configurable and scalable to meet a range of architecture needs. However, as an accelerator, any process must be scheduled and arbitered by an outside entity (e.g CPU). Available for product development as a part of Nvidia’s Jetsen Xavier NX.

• Crossed threshold from R&D into commercialisation: BRN evolved its operations to become the world’s first and only commercial producer of neuromorphic AI chips in FY21.

• Strong partnerships: BRN has IP licensing agreements with Japan-based ASIC leader MegaChips and global semiconductor manufacturer Renesas.

My opinion only DYOR
FF

AKIDA BALLISTA

 

[wilzy123]

Sorry if this has been covered already. e-AI from Renesas.