BRN Discussion Ongoing

[DingoBorat]

There's always the Blues..



Give us "your" best @Diogenese

 

[Boab]

There's always the Blues..



Give us "your" best @Diogenese

Google Search

 

[Fullmoonfever]

Ann 27/3/24.
" As of the date of the capital call notice, available funding under the agreement amounts to $50.2M and the company is committed to drawing down a minimum of $12M no later than 31 December 2024, of which $1.1M has been drawn."
My bold above.
Why would BRN have not drawn on LDA if it requires working capital.
Still we will not know for sure until the Ann is released.

I haven't tried to dig into it but is there a SP floor at all that doesn't allow a LDA drawdown below it?

It has been listed as a cap raise not a placement. Not to say they haven't just used diff wording but quite often if it's a direct specific placement or cornerstone, companies usually are happy to outline that in a halt at least.

Then again...BRN often do march to their own beat.

 

[MegaportX]

The thing which has been a deviation from the run-of-the-mill progress of the company recently has been the edge box/server.

I guess that a few EAPs would have obtained Edge Boxes to see the full potential of Akida.

VVDN are supposed to be handling large orders.

https://www.vvdntech.com/vision/akida-edge-ai-box

Then there is the Unigen Edge Server:
https://www.vvdntech.com/vision/akida-edge-ai-box


So, if BRN has undertaken to supply Akida chips to these companies and demand is through the roof and we've emptied our warehouse, we may need to produce some more chips.


Damn, this is strong tobacco!

Think your close to the mark Sir. We shall see soon enough.

 

[DingoBorat]

I haven't tried to dig into it but is there a SP floor at all that doesn't allow a LDA drawdown below it?

It has been listed as a cap raise not a placement. Not to say they haven't just used diff wording but quite often if it's a direct specific placement or cornerstone, companies usually are happy to outline that in a halt at least.

Then again...BRN often do march to their own beat.

"I haven't tried to dig into it but is there a SP floor at all that doesn't allow a LDA drawdown below it?"

There is in my books!

There's still the fact, of at least 15 to 16 million USD remaining in the coffers (assuming last LDA call was completed, below initial price limits).

So why the need for a CR, at an unopportune time, when there are more than 2 quarters funding remaining?..

 

[supersonic001]

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[manny100]

I haven't tried to dig into it but is there a SP floor at all that doesn't allow a LDA drawdown below it?

It has been listed as a cap raise not a placement. Not to say they haven't just used diff wording but quite often if it's a direct specific placement or cornerstone, companies usually are happy to outline that in a halt at least.

Then again...BRN often do march to their own beat.

It could be institutional investors and a SPP. We will know soon.

 

[Earlyrelease]

Interesting watch Bill Gates on AI and is there too much on AI share prices

937K views · 5.3K reactions | In an interview with Bloomberg, Bill Gates says that the growth in AI "is real" and the excitement around company valuations is warranted. For more https://trib.al/paRzRDj | Bloomberg Television

In an interview with Bloomberg, Bill Gates says that the growth in AI "is real" and the excitement around company valuations is warranted. For more https://trib.al/paRzRDj

www.facebook.com

 

[Pom down under]

Exactly! Who remembers in the past during the days leading to the release of the 4C, th SP would get pumped, and then drop on no news. That hasn't happened this time

Don’t think the sp was pumped before the last quarterly either

 

[cosors]

"chip run" - thought you were talking golf there for a minute.

I know nothing about golf, but I have a lot of imagination. I hope the board just holes the thing.

 

[Fullmoonfever]

Never know...maybe GFT want a chunk

BrainChip Talks State of AI With GFT Ventures Co-Founder Jeff Herbst on Latest ‘This is Our Mission’ Podcast​

Laguna Hills, Calif. – March 13, 2023 – BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, invites you to a conversation with Jeff Herbst, Co-Founder and Managing Partner of GFT Ventures, on their latest “This is our Mission” podcast. He joins BrainChip CEO Sean Hehir to discuss the state of AI and the AI ecosystem at large. The podcast will be available March 14 at 3 p.m. PDT on BrainChip’s website and across popular podcast platforms.

GFT Ventures is a venture capital firm focused on early-stage startups developing disruptive, frontier technologies to solve the world’s hardest problems. Among the areas of interest that GFT Ventures focus on are AI/data science, autonomous/robotics, blockchain and digital healthcare. Prior to launching GFT, Herbst served 20 years as NVIDIA’s vice president of business development, where he built an ecosystem of accelerated computing applications spanning the domains of AI, data science, autonomous machines, and graphics and visualization.

“Jeff’s experience as a long-term executive at NVIDIA, and as the Co-founding, managing partner of a VC fund focused on AI and data science, gives him a unique viewpoint into the industry in a way few others can,” said Hehir. “I enjoyed the conversation, and his perspectives on where AI is today as well as his predictions on where it is headed tomorrow. This reinforces BrainChip’s position within the AI ecosystem at large.”

The “This is Our Mission” podcast provides AI industry insight to listeners including users, developers, analysts, technical and financial press, and investors. Past episodes are available at https://brainchipinc.com/brainchip-podcasts.

 

[Tothemoon24]

nubia Unveils Cutting-Edge AI-Powered Flagship Smartphones: Shaping the Future of Innovation

/PRNewswire/ -- nubia, a leading global smartphone manufacturer and tech pioneer, held a groundbreaking AI+ dual flagship launch event, introducing two...

www.prnewswire.com

nubia Z60 Ultra Leading Version: The Apex of AI Flagship Innovation

Powered by Qualcomm's latest flagship processor, the Snapdragon 8 Gen 3 Leading Version, the nubia Z60 Ultra Leading Version delivers exceptional performance with significant upgrades. With an AI engine's total computing power of up to 73 TOPS and the ability to run large models with up to 10 billion parameters on the device, the large memory combination ensures fast data transmission and provides ample space for unleashing the full potential of AI. The upgraded performance engine and comprehensive AI enhancements create a system that guarantees swift, robust performance and seamless system operation. The 6000mAh silicon-carbon anode battery, complemented by upgraded AI 'Zero' power consumption 2.0 technology, provides extended battery life. Additionally, the device features IP68-level dust and waterproof certification, enabling reliable operation in various harsh environments. The nubia-exclusive Custom Sliding Shortcut design enhances comfort and usability, offering an intuitive and ergonomic operation experience.

 

[Smoothsailing]

Chinas latest Robot

 

[Pom down under]

Would it be possible that maybe both Peter and Anil are parting with some of there shares at a premium to an interested party to raise capital?

 

[Fastback6666]

Hi DB

At the end of last Qtr BRN had US$31m at bank, on average recent Qtrly burn rates BRN has enough cash to burn for next 18 to 24 months, late in 2023 BRN also extended their arrangement with LDA into late 2025, so there are no pressing money concerns, that we know of.

This CR is about something we don't know about i.e. chip fabrication, cornerstone investor, there are a number of possibilities, I am on the hop, but am sure after initial surprise we will see some interesting speculations here.

I am no fan of dilution, and want to see contracts fall, but I strongly suspect an interesting development here......

Hi DB

At the end of last Qtr BRN had US$31m at bank, on average recent Qtrly burn rates BRN has enough cash to burn for next 18 to 24 months, late in 2023 BRN also extended their arrangement with LDA into late 2025, so there are no pressing money concerns, that we know of.

This CR is about something we don't know about i.e. chip fabrication, cornerstone investor, there are a number of possibilities, I am on the hop, but am sure after initial surprise we will see some interesting speculations here.

I am no fan of dilution, and want to see contracts fall, but I strongly suspect an interesting development here......well I hope so anyway.

I agree, this CR smells of cash for a project/partnership. I did not think any bulk cash was needed at this point.

I feel it is partnership of some sort as BRN have waited for the SP to fall back to a base price (20c) to offer the “partner” a decent deal in shares.

If not for partnership then a bit silly to raise cash back at 20 cents with maximum dilution when they were just at 50 cents not long ago.

Let’s see what it is. Funny though as I grabbed another 20,000 shares yesterday. Still think shares are way to cheap at this level.

 

[MadMayHam | 合氣道]

I don't think this trading halt has LDA as it's main focus. Those agreements are determined in advance and the details known and hammered out such that the halt does not last longer than a few hours. The more than a day delay suggests that perhaps the contract details are being negotiated, legal agreement is being worked out, or terms are being cleared with the powers that be (e.g. Securities Commission or ASX). Maybe the delay is even due to differences in time zones e.g. Europe or Americas.

I wouldn't be too surprised in Mercedes wants in. Fingers crossed.

 

[MadMayHam | 合氣道]

No that would be change in interest not capital raise.

 

[Gies]

I bet on ARM getting in via Son ( SoftBank) to speed up the transition to neuromorphic.
That way we stay ahead and we will have a greater market share.
Only positive

 

[Humble Genius]

I don't know if this means anything, or if its related to the TH, but i swear that the Vanguard Group holdings rose by about 10 million shares, since I last looked a few hours earlier tonight?

CLICK HERE:

MSN

 

[Tothemoon24]

With the dawning realization that not all #DMS offers the same #userexperience in the #cockpit, let's look at the #automaker which has put the problems of #NCAP compliance for #distraction and #drowsiness monitoring far behind it, and grasped the bigger picture of the possibilities offered by head and #eyegaze tracking of the driver. Shown below is the render of the #digitalcockpit for the BMW Group #NeueKlasse, set to start production in 2025. With software problems slowing Volkswagen Group and CARIAD, and Mercedes-Benz AG obsessed with "L3" #DrivePilot, BMW has in contrast been revolutionizing the cockpit experience with a solution integrating pillar-to-pillar display, full windshield 3D augmented-reality #HUD, center-stack display, all almost certainly powered by a Qualcomm cockpit processor.

With practically the entire #auto industry viewing #driver #monitoring #systems as little more than a box to be ticked for NCAP compliance, BMW has alone fully grasped the possibilities of head and #eyetracking to revolutionize the cockpit and fundamentally change the human-vehicle interface #HVI. We've already seen BMW integrate lane change control for automated driving using the eye gaze, but next year we are set to see aspects of the cockpit experience being controlled through the DMS. What we have is a coming together of eye gaze, gesture and voice control, to completely redefine the cockpit experience. BMW has about a three-year head start in the digital cockpit, with most other #OEMs still seemingly unable to focus beyond #handsoff and #eyesoff driving.

In terms of actual DMS production experience, BMW is far in the lead. The first-generation BMW DMS went to production in 2018 and is assumed to have used Aptiv/Smart Eye. Gen2 (current) is assumed to be a cockpit domain controller using Seeing Machines DMS. Gen3 (Neue Klasse in 2025) is assumed to be Valeo/Seeing Machines and is set to be the most advanced DMS ever to feature in a production vehicle.

With some automakers stalled by problems associated with infuriating visual distraction algorithms and others barely meeting 2023 NCAP requirements, the Gen3 DMS in the Neue Klasse looks set to have such high-fidelity eye tracking that aspect of the AR-HUD will be controlled with the eyes. With multiple graphical displays used, the DMS will require advanced human factors expertise to monitor for driver workload, cognitive distraction, attention state and engagement level.

The fundamental role of a DMS is to see and understand human behavior as it applies to crash risk. But we are now on the cusp of a breakthrough into a new set of features which will use DMS to completely redefine the cockpit experience. As so often is the case in automotive, it is BMW leading the trend.

The May 2024 edition of Semicast's market report "ADAS & Automotive Vision-based Driver Monitoring Systems" is available for purchase. Message me for a copy of the sales brochure and sample pages for the study. My inbox is open.