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.
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.
SoftBank CEO Vows Aggressive AI Push—Calls Past Investments Mere ‘Warm Up’
Robert Hart is a London-based Forbes senior reporter.
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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.
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.
. (Note to me: Buy more BRN stocks tomorrow)
No promises in life but death and taxes Chips lol. ButReads like a promise to me
Wilzy123, you are the anomoly of anomolies. You are the prosthetic brain that understands itself without doubt!
Masa Son has a proven track record of throwing money at start-ups and seeing how he goes.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.
brainchip.com
I did, but I see a different context: He referred to his time at Meta during his introductory words on TENNs after he had given a brief overview of BrainChip for those unfamiliar with the company.
Correct, there was never any ASX announcement about MB joining the EAP. However, Sean Hehir himself referred to them as an EAP customer on a slide in a September 2023 online investor presentation - as a Marquee EAP customer, to be precise, alongside Valeo, Vorago and NASA:
️ fan, and while preparing that presentation in May, he was possibly distracted, fantasising about his favourite pairing for the EURO 2024 finals?
vs Germany 
(BRD stands for Bundesrepublik Deutschland = Federal Republic of Germany)? 
! I agree that for most viewers, those two teams vying for the Euro Cup 
would be a way more exciting pairing… ️ 
)
If you didn’t assume Meta was an EAP, how did you think Meta engineers would have found out about the intricacies of TENNs around the same time EAP customers did? Customers that had explicitly paid for the privilege to get early access? That doesn’t make sense to me.
By the way, although Akida Gen 2 had been announced in March 2023 and the white paper on TENNs had been published in June, it appears that even for EAP customers, actual availability of the second generation of the Akida IP solution (which included TENNs) didn’t eventuate until October 2023, which happens to coincide with when Chris Jones had just started his new job at BrainChip.
BrainChip Makes Second-Generation Akida Platform Available to Advance State of Edge AI Solutions
Discover the revolutionary 2nd generation Akida platform by BrainChip, powering energy-efficient Edge AI devices with advanced neural network models.
No, that is not what I meant. He obviously would have seen new NNs on an almost daily basis throughout his eleven months at Meta, not only in his last six weeks.
But if he had become “pretty excited” about TENNs while still working for Meta, would he even have bothered to spend his time on getting to know other neural networks or would he rather have focused all his energy and time on familiarising himself with TENNs and liasing with the software engineers at BrainChip?
If he had become “pretty excited” about TENNs sometime in 2023 already, would he really have said in late May 2024:
“So, about a year ago, uh, I was at Meta, I was in their AI Infrastructure Group, and on an almost daily basis I would see new neural network architectures.”
To me, it would only make sense if he had found out about TENNs roughly a year ago or later, and that brings me back to my six-week window: We can basically exclude he would have learnt about TENNs at his former workplace while already on gardening leave from Meta, agreed? So no later than mid-April then. And I doubt he would have referred to January or February 2023 as “about a year ago”.
But @Iseki does have a good point here: Why would Meta have laid off one of their software engineers who by then would have already acquired in-depth knowledge of a disruptive and top-secret neural network that was going to give them a head start over competitors? There weren’t exactly dozens of global ML/AI experts around who were familiar with TENNs at the time.
Oh, and in case anyone pictured Chris Jones developing novel algorithms in Meta’s VR headset and smartglasses division or similar, that’s not what he actually did at Meta:
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Another thing to ponder: If Meta was indeed behind an NDA, wouldn’t the reveal by Chris Jones that he had learned about TENNs while at Meta constitute a breach of confidentiality? Correct me if I am wrong, but ex-employees cannot share trade secrets and confidential information without risking serious legal trouble, and Chris Jones could now be be taken to court for disclosing an NDA between Meta and BrainChip that the rest of the world wasn’t supposed to find out about…
No, of course not - what an absurd suggestion. Why did you have to turn this into ridicule?
As stated in my previous post, I’d venture a guess that he was introduced to BrainChip while job-hunting, so it was more likely him approaching BrainChip, not the other way round. If BrainChip staff had come to Menlo Park (Meta HQs) or Los Angeles (where CJ was based at the time) to instruct a group of Meta ML/AI engineers on TENNs (provided they were an EAP customer at the time, that is), why would Chris Jones say “they told me about TENNs” instead of “they told us about TENNs” - in the context of a job interview after June 9, 2023 (publication of the TENNs white paper) the use of the singular makes total sense, though.
So this is what I imagine happened: Either somebody in his professional or private network or a recruiter recommended BrainChip to him (a lot of people reached out to him in the comments after he had posted about having been laid off), and although he was sceptical at first (with exactly the mindset you are describing), he did give it a try, either out of curiosity (as someone he trusted had warmly recommended them to him) or because he hadn’t yet been successful in securing another job he deemed suitable. I presume that after having worked for Meta, he would have initially considered any remote or on-site positions other than with another Silicon Valley tech giant a painful career decline.
When you look at his mid-2023 LinkedIn posts/comments/reactions, quite a few of them revolve around tedious and nerve-racking experiences with Workday (a platform that allows companies to streamline their recruiting processes), and he also lists several certifications of online courses that he completed during those months post layoff and prior to starting at BrainChip. Does that sound like someone who was excited to have been “outplaced” from Meta to a disruptive technology company they had an NDA with and hence did not have to worry at all about who would be signing his paychecks from August 2023 onwards, or does it rather sound like someone on gardening leave forced to look for a new job, after losing the one he had been so proud of securing less than a year earlier?
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I did, but I see a different context: He referred to his time at Meta during his introductory words on TENNs after he had given a brief overview of BrainChip for those unfamiliar with the company.
I believe that when Chris Jones gave his presentation at the 2024 Embedded Vision Summit, he wanted to convey to his audience that he had seen something truly extraordinary in TENNs. And what better way than to emphasise this uniqueness by casually mentioning that he used to work for Meta and had encountered new neural networks there on a regular basis, hence evoking credibility with his audience. Understandably, he did not mention the mass layoff at Meta that had subsequently affected him, even though an unfortunate job loss is of course nothing to be ashamed of.
After having been introduced to BrainChip at a later stage in the context of a job interview, our company surprised him positively, contrary to what he had expected, and the message he wanted to convey to his listeners was: Don’t underestimate us (like I did initially, coming from a mega-corporation) just because we are a small team and not a household name. We can easily compete with the big guys, as we have something unique to offer.
Funny you should say that, as the more we discuss this, I am more and more convinced of the opposite. I could be wrong of course, but so could you.
The Ford announcement in May 2020 preceded that of the introduction of the Early Access Program in June 2020, but yes, technically speaking, I’d consider Ford an EAP customer as well.
Correct, there was never any ASX announcement about MB joining the EAP. However, Sean Hehir himself referred to them as an EAP customer on a slide in a September 2023 online investor presentation - as a Marquee EAP customer, to be precise, alongside Valeo, Vorago and NASA:
(from 27:33 min)
View attachment 65348
Well, if we are to believe Chris Jones - and unless this is yet another typo on his presentation slide - BrainChip currently has 10 customers (EAP, proof of concept and IP license) that have either licensed Akida IP (Renesas, Megachips) or once paid an undisclosed sum of money for the privilege of getting early access to our technology:
View attachment 65349
Correct me if I am wrong, but I believe that customer list should therefore read:
Which leaves us with only two mystery customers that fall into the category of either being an EAP customer or have used Akida technology to develop a proof of concept, as we would have found out about any additional IP licensees via price-sensitive ASX announcements.
- Renesas
- Megachips
- Ford
- Mercedes
- Vorago
- NASA
- Valeo
- ISL
- ???
- ???
Mercedes-Benz seems to match two categories at once, namely EAP customer AND “proof of concept” (EQXX) - I am a little confused as to why that distinction is being made, though.
It goes without saying those 10 customers are not indicative of the number of present engagements, NDAs and partnerships we have.
But Chris Jones learning details about TENNs before being laid-off at Meta could realistically only have happened if Meta was one of the two undisclosed EAP customers during Northern Hemisphere winter 2022/23 or early spring 2023.
However, in my eyes, it is much likelier that he was introduced to BrainChip and TENNs post-layoff, and I believe I have provided sufficient arguments to substantiate my point of view…
Good Morning Bravo & Fellow Chippers,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.
View attachment 65366
As for the typos Austrialian and BRD on that presentation slide:
Maybe, just maybe Chris Jones happens to be an avid
Which surprisingly seemed to be
Relax, Rocket - maybe he got the colours right, but simply confused the flags
Although totally different combinations would be just as enticing!
Haven’t checked, though, whether theoretically any of those final pairings above could even come to pass or whether the respective teams would possibly already knock each other out in the upcoming elimination rounds…
Anyway, may the overall best team win, whatever colours their flag has!
(Though I have to admit I am a little bit biased…
AKD I & II
But maybe if you centrifuged it ...
