BRN Discussion Ongoing
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Kachoo
Regular
Let's be quite truthfull I think 99 % of people would have preferred to sell and buy back at these levels. Any one saying different would just be talking BS.
I guess one needs to move forward and we are a day closer to what we hope for adoption and wins as each day passes.
Can not change the past.
right, so we should target Nokia, not arm.
Bravo
If ARM was an arm, BRN would be its biceps💪!
SoftBank CEO Vows Aggressive AI Push—Calls Past Investments Mere ‘Warm Up’
Robert Hart is a London-based Forbes senior reporter.
Follow
Jun 21, 2024,07:48am EDT
SoftBank founder and CEO Masayoshi Son on Friday told shareholders he and the company are on a mission to usher in an age of artificial superintelligence, dismissing the firm’s past investments as a mere “warm up” and hinting the firm is ready to go on the offensive with ambitious bets and capitalize on the AI boom.
SoftBank Group CEO Masayoshi Son wants to bring about superintelligent AI that is 10,000 times ... [+]
GETTY IMAGES
KEY FACTS
Son outlined his ambitious goal to bring about artificial superintelligence, a hypothetical form of AI whose cognitive abilities vastly exceed human abilities, at SoftBank’s annual general meeting.Son boldly dismissed SoftBank’s past investments — which include some of the most successful tech bets in history on firms including Chinese internet behemoth Alibaba and British chipmaker Arm Holdings — as a mere “warm up for my great dream to realize artificial superintelligence.”
The SoftBank founder did not give details on how he plans to realize his mission but did identify numerous opportunities in sectors such as AI robots, autonomous driving and data centers and said he would pursue deals that would support Arm and keep SoftBank relevant in the looming AI age.
WHAT TO WATCH FOR
Son’s bold pronouncements on AI are some of the tech investor’s grandest and most animated claims in years, signaling a major shift in SoftBank’s strategy. The company adopted a more cautious posture and shifted to a self-proclaimed “defense mode” after a series of disappointing losses in its flagship Vision Fund years ago and though SoftBank shifted back to “offense mode” last year to capitalize on the AI boom, its commitments have remained relatively small considering the boom in the sector and its profile. The firm already holds a lucrative stake in AI chipmaker Arm and in May led $1 billion in funding for British self-driving group Wayve, Europe’s largest AI deal to date.CRUCIAL QUOTE
“This is what I was born to do, to realize ASI,” Son said, stressing his AI vision is now the investment group's central priority moving forward. “Watch me, I will make it happen.”FORBES VALUATION
Son has a net worth of approximately $32.5 billion. His wealth, largely derived from his stake in tech investment venture SoftBank, makes him Japan’s second-richest person, trailing apparel billionaire Tadashi Yanai.
Bravo
If ARM was an arm, BRN would be its biceps💪!
EXTRACT ONLY
AI could be 10,000 times smarter than humans in 10 years, SoftBank CEO says
Softbank chief executive Masayoshi Son said artificial super intelligence models will work together like neurons in a human brain
qz.com
OMG! What a coinkidink!
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Hey! Hope you're having a pleasant weekend.
While I agree with your statement that most people would prefer to sell everything to buy back in at a lower price, reality is different and we need to carefully assess the risk-reward ratio... or at least try to. Since none of us have a crystal ball, I believe one has acted wisely by cashing out and realizing profits during the Mercedes hype (if they could). Letting the rest run and consistently buying back depending on the situation and/or realizing profits again. This way, one can lower their average purchase price to the current level without risking missing out on the opportunity, as we never know when a significant event might occur.
Just my opinion, not investment advice.
Smoothsailing
Regular
This is wonderful news from the top, shan't be long before all this waiting for validation by the masses is behind us.View attachment 65337
View attachment 65340
EXTRACT ONLY
View attachment 65339
AI could be 10,000 times smarter than humans in 10 years, SoftBank CEO says
Softbank chief executive Masayoshi Son said artificial super intelligence models will work together like neurons in a human brain
What a coinkidink!
View attachment 65341
Go Brainchip
Bravo
If ARM was an arm, BRN would be its biceps💪!
SoftBank’s Masayoshi Son set for ‘next big move’: report
Photo credit: Shutterstock
SoftBank founder Masayoshi Son appears to be ready for his next big moves, Bloomberg reported, signaling a potential rebound for the firm following recent setbacks.
“We need to look for our next big move, without fear of whether it’ll be a hit or miss,” Son reportedly told SoftBank shareholders at an annual meeting. “SoftBank Group’s dynamism arises from looking for new seeds of evolution, especially abroad.”
SoftBank has made AI a bigger focus of late. Son said that the company is aiming to boost its renewable energy ventures to power its AI initiatives, especially in the US.
Previously, it was reportedly exploring the acquisition of British semiconductor startup Graphcore Ltd, while considering raising US$100 billion for an AI chip venture that could rival US-based Nvidia.
Despite a recent string of unsuccessful startup investments, SoftBank appears to be on the path to recovery. The firm had a profitable second quarter, and as of March, it held US$39.2 billion in cash reserves.
A big part of its plans is SoftBank-owned chip designer Arm Holdings, which recorded US$2.1 billion in net sales for the nine months ending December 2023. The UK-based firm is expected to launch its first AI chips in 2025.
Earlier this year, SoftBank was reportedly eyeing [US$150 million worth of investments](https://www.techinasia.com/softbank-eyes-on-indias-ai-goldmine) in Indian data centers and industrial robotics as part of its wider bet on AI-related infrastructure.
wilzy123
Founding Member
Lokesh Choudhary · 2d ago · 2 min read
SoftBank’s Masayoshi Son set for ‘next big move’: report
Photo credit: Shutterstock
SoftBank founder Masayoshi Son appears to be ready for his next big moves, Bloomberg reported, signaling a potential rebound for the firm following recent setbacks.
“We need to look for our next big move, without fear of whether it’ll be a hit or miss,” Son reportedly told SoftBank shareholders at an annual meeting. “SoftBank Group’s dynamism arises from looking for new seeds of evolution, especially abroad.”
SoftBank has made AI a bigger focus of late. Son said that the company is aiming to boost its renewable energy ventures to power its AI initiatives, especially in the US.
Previously, it was reportedly exploring the acquisition of British semiconductor startup Graphcore Ltd, while considering raising US$100 billion for an AI chip venture that could rival US-based Nvidia.
Despite a recent string of unsuccessful startup investments, SoftBank appears to be on the path to recovery. The firm had a profitable second quarter, and as of March, it held US$39.2 billion in cash reserves.
A big part of its plans is SoftBank-owned chip designer Arm Holdings, which recorded US$2.1 billion in net sales for the nine months ending December 2023. The UK-based firm is expected to launch its first AI chips in 2025.
Earlier this year, SoftBank was reportedly eyeing [US$150 million worth of investments](https://www.techinasia.com/softbank-eyes-on-indias-ai-goldmine) in Indian data centers and industrial robotics as part of its wider bet on AI-related infrastructure.
Come
Indeed. Son tried to buy Gaphcore which I think went belly up.
Maybe check out their do-or-die predicament here
Graphcore was signed up by Microsoft, of all people, for a chip that they wanted. but then they pulled out.
I just don't see that Akida and these other chips are targeyting the same problems. They are looking to do LLMs, we are looking to make sensors smarter.
Lokesh Choudhary · 2d ago · 2 min read
SoftBank’s Masayoshi Son set for ‘next big move’: report
Photo credit: Shutterstock
SoftBank founder Masayoshi Son appears to be ready for his next big moves, Bloomberg reported, signaling a potential rebound for the firm following recent setbacks.
“We need to look for our next big move, without fear of whether it’ll be a hit or miss,” Son reportedly told SoftBank shareholders at an annual meeting. “SoftBank Group’s dynamism arises from looking for new seeds of evolution, especially abroad.”
SoftBank has made AI a bigger focus of late. Son said that the company is aiming to boost its renewable energy ventures to power its AI initiatives, especially in the US.
Previously, it was reportedly exploring the acquisition of British semiconductor startup Graphcore Ltd, while considering raising US$100 billion for an AI chip venture that could rival US-based Nvidia.
Despite a recent string of unsuccessful startup investments, SoftBank appears to be on the path to recovery. The firm had a profitable second quarter, and as of March, it held US$39.2 billion in cash reserves.
A big part of its plans is SoftBank-owned chip designer Arm Holdings, which recorded US$2.1 billion in net sales for the nine months ending December 2023. The UK-based firm is expected to launch its first AI chips in 2025.
Earlier this year, SoftBank was reportedly eyeing [US$150 million worth of investments](https://www.techinasia.com/softbank-eyes-on-indias-ai-goldmine) in Indian data centers and industrial robotics as part of its wider bet on AI-related infrastructure.
Indeed. Son tried to buy Gaphcore which I think went belly up.
Maybe check out their do-or-die predicament here
Graphcore was signed up by Microsoft, of all people, for a chip that they wanted. but then they pulled out.
I just don't see that Akida and these other chips are targeyting the same problems. They are looking to do LLMs, we are looking to make sensors smarter.
Ah no! Cats against humanity strike again.
Bravo
If ARM was an arm, BRN would be its biceps💪!
I think you might be missing the point I was trying to make. Masayoshi Son said that it's his "great dream to realize artificial superintelligence.” And he also said that in the future artificial superintelligence models "will work together like neurons in the brain".
Unless I'm mistaken the only technological approach in existence which aims to mimic the biological processes of the human brain is called NEUROMORPHIC COMPUTING.
BrainChip = NEUROMORPHIC COMPUTING.
Not sure how realistic it would be to assume that Masayoshi Son knows diddly-squat about BrainChip or neuromorphic computing when he has all of his AI egg-hopes foisted to the success of Arm (our partner), with whom our neuromorphic technology is not only compatible but complementary; to the degree that it makes Arm's products actually perform BETTER.
But, this is just my opinion and I could very well be barking up the wrong tree.
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Good points. Well made.
I would love Son to buy into BRN. That would certainly help us hugely.
I don't know what he means by superintelligence. Maybe General AI? At any rate he's looking to buy into an IP only company that designs huge AI chips on some sort of Graph-NN, called Graphcore, and I think we would agree that an investment in BRN would be a much wiser move for him.
So I'd be happy for Sean and Peter and Anil to contact Son on this basis.
Wouldn't you?
Akida's potential in not limited to sensors. As you know there is the Edge box, but that is not the limit. Akida has the potential to be applied in the cloud. It's just that it can do so much at the edge. and the number of edge devices will outnumber the number of cloud devices.
BRN are working on "small" LLMs for edge applications, as are several other players.
PvdM's ambition was AGI.
Kachoo
Regular
Agreed its an opinion. If all did do that and took profit the SP whould have never reached that height either cause the sellers would have weighed down. The buyers and the price would not push up lol so in reality it is what it is.
I would love to see a sustained value price like many. I guess we just need some $$ to push this and prive to the market BRN can be commercial and successful and in my opinion if this did happen then well the SP will reflect the value. Until then we can only follow the progress that is dug up ans found in media.
Bravo, there is absolutely nothing wrong with being "speculative" at this "JUNCTURE" ...... IMHO...... NB - Opinion or not.
Akida Ballista >>>>> Speculative Juncture !!!! <<<<< ?
Hotty...
FJ-215
Regular
SoftBank CEO Vows Aggressive AI Push—Calls Past Investments Mere ‘Warm Up’
Robert Hart is a London-based Forbes senior reporter.
Follow
Jun 21, 2024,07:48am EDT
SoftBank founder and CEO Masayoshi Son on Friday told shareholders he and the company are on a mission to usher in an age of artificial superintelligence, dismissing the firm’s past investments as a mere “warm up” and hinting the firm is ready to go on the offensive with ambitious bets and capitalize on the AI boom.
SoftBank Group CEO Masayoshi Son wants to bring about superintelligent AI that is 10,000 times ... [+]
GETTY IMAGES
KEY FACTS
Son outlined his ambitious goal to bring about artificial superintelligence, a hypothetical form of AI whose cognitive abilities vastly exceed human abilities, at SoftBank’s annual general meeting.
Son boldly dismissed SoftBank’s past investments — which include some of the most successful tech bets in history on firms including Chinese internet behemoth Alibaba and British chipmaker Arm Holdings — as a mere “warm up for my great dream to realize artificial superintelligence.”
The SoftBank founder did not give details on how he plans to realize his mission but did identify numerous opportunities in sectors such as AI robots, autonomous driving and data centers and said he would pursue deals that would support Arm and keep SoftBank relevant in the looming AI age.
WHAT TO WATCH FOR
Son’s bold pronouncements on AI are some of the tech investor’s grandest and most animated claims in years, signaling a major shift in SoftBank’s strategy. The company adopted a more cautious posture and shifted to a self-proclaimed “defense mode” after a series of disappointing losses in its flagship Vision Fund years ago and though SoftBank shifted back to “offense mode” last year to capitalize on the AI boom, its commitments have remained relatively small considering the boom in the sector and its profile. The firm already holds a lucrative stake in AI chipmaker Arm and in May led $1 billion in funding for British self-driving group Wayve, Europe’s largest AI deal to date.
CRUCIAL QUOTE
“This is what I was born to do, to realize ASI,” Son said, stressing his AI vision is now the investment group's central priority moving forward. “Watch me, I will make it happen.”
FORBES VALUATION
Son has a net worth of approximately $32.5 billion. His wealth, largely derived from his stake in tech investment venture SoftBank, makes him Japan’s second-richest person, trailing apparel billionaire Tadashi Yanai.
Something like this......
wilzy123
Founding Member
The insecurities and desperation is literally coming out of our screens.
When the bar was already lower that could possibly be imagined, it just keeps going lower. I hope you are ok and you are not counting your money more than 10 times a day.
It's ok to get help.
DingoBorat
Slim
"I think if I’d knew now what I knew back when I originally invested in BRN with regards the time it took to get to market I’d probably not invested in the company. So in a way I’m glad I knew nothing like a lot of share holders here"
That's a great way of looking at things Pom.
Look at the share price now.
22 cents.
Look at where the Company is, in terms of technological progress and partner ecosystem.
Like Sean said, in the AGM statement "We are on the cusp of generating sustainable revenue streams".
But how many new investors, looking at BrainChip for the first time, with the share price history and commercial progress, would think "Yeah this is a Company, that I want to go all in on!"
And yet there is no better time, for that mindset, than right now!
We land just 1 of these big IP deals, with a major Global technological Company and BRN, will be valued at multiples of the current share price.
It will be a "breakout" and new valuation of the Company, by the Market.
I know, if I found out about BrainChip today, even if I had the capital to invest and buy my current holding, I wouldn't be putting that much money, into one company.
Does it do my head in, that if I had the benefit of just a bit of hindsight, that I could easily have 10 times my current holding?..
Yeah...
But it is what it is and if BrainChip, is successful, I'll still be more comfortable, than I could imagine.
Right now, it just feels like that's a dream.
Success is never guaranteed.
CHIPS
Regular
This is interesting on the tata website.
Highlights Akida in healthcare and life Science. If you read further on talks about some wins. To me this is a very solid lead for something to eventuate.
Reads like a promise to me
. (Note to me: Buy more BRN stocks tomorrow)
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