BRN Discussion Ongoing

[Pom down under]

https://www.reuters.com/technology/artificial-intelligence/amazon-racing-develop-ai-chips-cheaper-faster-than-nvidias-executives-say-2024-07-25/

Can’t they just buy us for $50 billion

 

[Kachoo]

I could be wrong. But I think there would have to be an announcement for any upgrade from Renesas. I asked Tony this question last year. Things may have changed since then... but should be a material announcement

Not if any money has changed hands. And if they are reviewing the new benefits of 2.0 Tenns. In the end its the royalty that makes the money not the IP deal up front payment.IMO.

As for what happened I think we are bascicly starting commercialisation again it just never state before because of the BS talk of. Hockey stick growth that was hyped form the precious people which had limited comercial aptitude imo.

The Akida 2.0 is penetrated through various partners as you see in the news the links but before when 1000 came out what did anyone say about akida and its applications nothing in 2020 2021 today we have lots so to me this signifies commercialisation in the near future.

 

[Getupthere]

I think everyone will make up their minds about Sean by January 2025.

6 months with plenty of operational cash is enough time.

Nothing personal Sean but if there’s no results by January, we have to move on with another plan with another CEO.

 

[Rach2512]

These 5 Neuromorphic Computing Startups Could Change AI Forever | Davide Gasparini

These 6 Neuromorphic Computing Startups Could Change AI Forever

www.linkedin.com

These 6 Neuromorphic Computing Startups Could Change AI Forever

What if machines could learn from experience, adapt to the unexpected, and operate on a fraction of the energy they consume today? Would that be true machine intelligence? No, we’re not talking about today’s AI existing algorithms. We’re talking about new computer chips built from-the-ground-up...

exoswan.com

View attachment 67204
View attachment 67202 View attachment 67203

About Exoswan Insights

exoswan.com

 

[Getupthere]

I don’t know that Sean is the problem as his progress with establishing the companies structure has most definitely increased the awareness across all verticals which is clear in our marketing.
I think everyone agrees now that Tenns is available there is no reason we shouldn’t get deals signed next quarter or before.

It’s like a football team.

You can blame the players all you like but the buck stops with coach.

There should be no more excuses because BRN has developed the 2.0 solely based on customers feedback.

 

[Smoothsailing]

Agreed

 

[Realinfo]

“Can we be certain you’ll be around to support it”

Me myself personally strongly believe that the last piece of the puzzle has been put in place for the huge deals awaiting our battler to flow. I started a business in the 80’s offering companies a new materials handling solution. Even though they knew it was the way to go, before people like BHP, IBM, Woolworths, Holden, ADF-Army,Navy,Airforce etc would sign deals, they wanted to know if my little battler had the financial ability to be around to support their installations. I had to present them with a strong balance sheet.

The Nvidia’s, Intel’s, Tesla’s, Apple’s et al know that Akida is the way to go. They and the rest of the technology establishment have been tinkering around with second rate, makeshift solutions in a desperate attempt to stave off the day, and/or to find a way around Akida. We all know this hasn’t worked for them.

The ‘nobody gets fired for buying IBM’ excuse is also redundant.

They all know THE solution to power hungry, inefficient, insecure, real AI (and I’m not just talking at the edge) is Akida…nobody else comes close.

Now that our battler can present a solid balance sheet, they have removed the last impediment, the last vestige of reason (dare I say excuse) for not throwing their hats into the ring and going all out on Akida. The outcome for them not doing so will be mediocrity and demise, not something that any BoD or CEO will want to be remembered for.

For mine, the next six months will see the first big deals begin to flow.

 

[HopalongPetrovski]

Stop me if you've heard this before:

I have drunk the Kool Aid (even though I thought dropping Akida 1 chips was a mistake).

Akida 1 is an advanced digital SNN processor. There are some less capable SNN processors produced by startups finding their way to market, both analog and digital. The big players are still trailing behind.

The field of AI technology is undergoing an unprecedent rate of change and this makes it extremely difficult to gain traction in the market. There has never been such a rapid and continuous rate of development in the field of electronics as we are witnessing today.

At this stage of the company’s development the company is in a protracted pre-revenue period in which the business model has changed in the last 2 years from:

• chips plus IP (Akida 1)
• Akida 1 IP only,
• “would you like chips with that”,
• Akida 1 IP or Akida 2 with TeNNs, ViT & long skip IP only (possibly as software),
• Akida 2 with TeNNs etc IP or stand alone TeNNS

while researching Akida 2 for LLMs and ongoing TeNNs development - not to mention my hypothesis about software simulation.

All the while, under cover of NDAs, the engineering and marketing efforts of the company are focused on the customers. As mentioned above, the rapid rate of development of the technology has militated against finalizing a deal. Our engineers are too clever for our own good. Hopefully TeNNs will provide a plateau at which EAPS are happy to pause in their quest for the holy grail, and some EAPs will ink an agreement.

I think it is likely that the EAPs have had access to TeNNs since the patent was filed 2.5 years ago, and that they have been testing software simulations. As TeNNs continues to develop, the software can be readily update, which would not be possible with silicon.

Possibly TeNNs uses such low power and low latency that a software simulation provides a significant advantage even in EVs.

We know EAPs such as Valeo, MB and others are using software to process their sensor signals. If they are using Akida simulation software, this would be a way of enabling ongoing upgrading as the capabilities of Akida continue to evolve.

A cloud-based FPGA has been foreshadowed in the capital raise notice. Basically this will be a configurable COTS product, far cheaper than taping out and manufacturing a wafer, and, while no where near as efficient as an NSoC, it will serve for demonstration purposes (something we are copying from Intel's Loihi demonstrator).

The Brainchip university continues to expand its reach.

ESA and other space agencies and participants have endorsed Akida.

We have over a hundred engagements.

Yes - the NDAs are frustrating, but I believe the green shoots are about to erupt into a rainforest.

The extra cash gives a little more comfort. Sorry to see the BRI being expatriated and the research "standardized", but it shows our focus on LLMs, and will reduce some costs.

Thank you for this.

A clear eyed, unemotional and ungilded précis of our recent history and current situation.
It is far too easy to get swept up and carried away with our own personal dilemmas and seek to apportion blame for same anywhere other than our own inability to accomodate adverse circumstance.

As is often quoted in warfare but may be relevant in business too..........
"The German field marshal, known as Moltke the Elder, believed in developing a series of options for battle instead of a single plan, saying
“No plan of operations extends with certainty beyond the first encounter with the enemy's main strength.” Today, “no plan survives contact with the enemy” is the popular modern abbreviation....

"Moltke the Elder, Churchill, Eisenhower, and, yes, Mike Tyson all knew that any strategy developed in a constantly changing environment must be regularly assessed and adjusted. They also know that failing to plan regularly is folly, as is stubbornly sticking to one plan or strategy in a changing, unpredictable environment. I have to confess that I’ve worked with boards that exemplify both extremes: not planning enough or focusing too much on the product of strategic planning rather than the process."
Excerpt from...

Strategic Planning: Moltke the Elder, Dwight Eisenhower, Winston Churchill, and Just a Little Mike Tyson​

By Dave Bergeson, Ph.D., CAE

 

[Diogenese]

https://www.reuters.com/technology/artificial-intelligence/amazon-racing-develop-ai-chips-cheaper-faster-than-nvidias-executives-say-2024-07-25/

Ewgh! This is what Amazon were doing with NNs in 2020:

US11435941B1 Matrix transpose hardware acceleration 20200624

a memory array having an array of memory elements arranged in rows and columns, each memory element being configured to store a data element; and a memory access circuit configured to: perform a row write operation to store a first group of data elements at a first row of the array of memory elements; perform a column read operation at a first column of the array of memory elements to obtain a second group of data elements; and perform a column write operation to store a third group of data elements at the first column of the array of memory elements to replace the second group of data elements.

memory system 500 ... can accelerate matrix transpose operations to support neural network computations

[0064] ... Each memory element can store a data element, which can include a number, multiple numbers, or numbers organized into a matrix. In some examples, memory system 500 can be part of a local buffer of a neural network hardware accelerator configured to perform matrix transpose operations for the neural network accelerator. In some examples, each memory element Sr,c can include an on-chip storage device that is on the same chip as the neural network hardware accelerator, such as, for example, registers that operate based on periodical clock signals or SRAM devices. In some examples, each memory element Sr,c can also include an off-chip storage device that is external to that chip and that includes the neural network hardware accelerator, such as, for example, DRAM devices or HBM devices.

Amazon had not quite made it to in-memory or near-memory compute Instead, they have "just over-there-memory compute". At least their MACs are hot.

 

[hotty4040]

“Can we be certain you’ll be around to support it”

Me myself personally strongly believe that the last piece of the puzzle has been put in place for the huge deals awaiting our battler to flow. I started a business in the 80’s offering companies a new materials handling solution. Even though they knew it was the way to go, before people like BHP, IBM, Woolworths, Holden, ADF-Army,Navy,Airforce etc would sign deals, they wanted to know if my little battler had the financial ability to be around to support their installations. I had to present them with a strong balance sheet.

The Nvidia’s, Intel’s, Tesla’s, Apple’s et al know that Akida is the way to go. They and the rest of the technology establishment have been tinkering around with second rate, makeshift solutions in a desperate attempt to stave off the day, and/or to find a way around Akida. We all know this hasn’t worked for them.

The ‘nobody gets fired for buying IBM’ excuse is also redundant.

They all know THE solution to power hungry, inefficient, insecure, real AI (and I’m not just talking at the edge) is Akida…nobody else comes close.

Now that our battler can present a solid balance sheet, they have removed the last impediment, the last vestige of reason (dare I say excuse) for not throwing their hats into the ring and going all out on Akida. The outcome for them not doing so will be mediocrity and demise, not something that any BoD or CEO will want to be remembered for.

For mine, the next six months will see the first big deals begin to flow.

Realinfo:, How well is you're crystal ball performing ?, and is it " AI enabled ? " Hope it's not near the EDGE, it might topple over.

Good thoughts and hope they come to pass, could it be that simple though !! Let it be so.

How well, did the above mentioned venture turn out, I hope it succeeded for you, or, you sold out and still made good gains. This last scenario could well be our savior for the battler.

I still find our investment really compelling/riveting even, and am hoping that the solution to our dilemma ( read: frustrations etc ) is just waiting round the corner for us to find still. The last illusive piece, we must pull out all stops and seek and find/succeed...


Akida Ballista >>>>> but where is this one critical piece/link to be found I wonder and dream of <<<<<

gltah


hotty...

 

[DingoBorat]

We have to remember, it's the journey, not the destination and haven't we all enjoyed the journey along the way?..

Many times, we had thought we had arrived...

Thinking we were the first to our destination.

Only to have our hopes let down...
Is Sean the big moose?..

Management only seem to have "excuses"..

What are we to do?..

Personally, I'm in until the real destination has arrived, or the bitter end.

The park hasn't closed.
The Real Destination is still in sight.
And there are going to be plenty of "fun" times ahead..

 

[DK6161]

Just got off the phone with Seann. He said big announcement coming tomorrow!

Not advice

 

[TECH]

“Can we be certain you’ll be around to support it”

Me myself personally strongly believe that the last piece of the puzzle has been put in place for the huge deals awaiting our battler to flow. I started a business in the 80’s offering companies a new materials handling solution. Even though they knew it was the way to go, before people like BHP, IBM, Woolworths, Holden, ADF-Army,Navy,Airforce etc would sign deals, they wanted to know if my little battler had the financial ability to be around to support their installations. I had to present them with a strong balance sheet.

The Nvidia’s, Intel’s, Tesla’s, Apple’s et al know that Akida is the way to go. They and the rest of the technology establishment have been tinkering around with second rate, makeshift solutions in a desperate attempt to stave off the day, and/or to find a way around Akida. We all know this hasn’t worked for them.

The ‘nobody gets fired for buying IBM’ excuse is also redundant.

They all know THE solution to power hungry, inefficient, insecure, real AI (and I’m not just talking at the edge) is Akida…nobody else comes close.

Now that our battler can present a solid balance sheet, they have removed the last impediment, the last vestige of reason (dare I say excuse) for not throwing their hats into the ring and going all out on Akida. The outcome for them not doing so will be mediocrity and demise, not something that any BoD or CEO will want to be remembered for.

For mine, the next six months will see the first big deals begin to flow.

Nice post.
At the start of this quarter we were sitting on around 22 Million AUD..enough funding for around 4 quarters at present burn rate.

With our R&D being centralized with Dr. Tony among other cost saving measures that have clearly been introduced our burn rate looks well under control...so why has the BOD decided on this 25 Million AUD Cap. Raise ?

You have nailed it in my opinion, it sets the stage..if a few major players wish to go to the next level if you will with us, well our new Balance Sheet sends the right message, we're here for the long haul, we're truly open for business, now lets ink the deals !

Were we advised to smarten up or sure up our financials if we expected companies to take the final step (possibly together) with us ?

Buying back the 10.1 Million shares from LDA Capital @ 0.0367 cents per share was a very astute move by the Board or Ken, in my opinion.

Tech (Perth)

 

[Bravo]

Just got off the phone with Seann. He said big announcement coming tomorrow!

Not advice

Hey DK, don't be a DK!

Not advice

 

[Esq.111]

Morning Chippers ,

Another article on data centres, power usage, supply & water requirements .

Mid way through the article , VIE Technologies, make a small sensor to attach to Transformers to detect faults .

60 to 80 million Transformers in the USA alone , with an average age of 38 years.

https://www.cnbc.com/2024/07/28/how-the-massive-power-draw-of-generative-ai-is-overtaxing-our-grid.html

VIE Technologies - Intelligent Transformer Monitoring

VIE Technologies is revolutionizing transformer monitoring with the industry’s first non-invasive, AI-powered predictive maintenance solution. Using advanced IoT sensors, continuous monitoring and condition-based insights, our solutions detect equipment issues well before human operators or...

vietechnologies.com

Regards,
Esq.

 

[Pom down under]

Just got off the phone with Seann. He said big announcement coming tomorrow!

Not advice

One thing we know for sure it won’t be a cap raise, or maybe it will lol

 

[Jacob Kiraz]

One thing we know for sure it won’t be a cap raise, or maybe it will lol

Ha ha the hands on it

 

[Jacob Kiraz]

“Can we be certain you’ll be around to support it”

Me myself personally strongly believe that the last piece of the puzzle has been put in place for the huge deals awaiting our battler to flow. I started a business in the 80’s offering companies a new materials handling solution. Even though they knew it was the way to go, before people like BHP, IBM, Woolworths, Holden, ADF-Army,Navy,Airforce etc would sign deals, they wanted to know if my little battler had the financial ability to be around to support their installations. I had to present them with a strong balance sheet.

The Nvidia’s, Intel’s, Tesla’s, Apple’s et al know that Akida is the way to go. They and the rest of the technology establishment have been tinkering around with second rate, makeshift solutions in a desperate attempt to stave off the day, and/or to find a way around Akida. We all know this hasn’t worked for them.

The ‘nobody gets fired for buying IBM’ excuse is also redundant.

They all know THE solution to power hungry, inefficient, insecure, real AI (and I’m not just talking at the edge) is Akida…nobody else comes close.

Now that our battler can present a solid balance sheet, they have removed the last impediment, the last vestige of reason (dare I say excuse) for not throwing their hats into the ring and going all out on Akida. The outcome for them not doing so will be mediocrity and demise, not something that any BoD or CEO will want to be remembered for.

For mine, the next six months will see the first big deals begin to flow.

Ok it'll better or the CEO head will be on the line

 

[Yoda]

Realinfo:, How well is you're crystal ball performing ?, and is it " AI enabled ? " Hope it's not near the EDGE, it might topple over.

Good thoughts and hope they come to pass, could it be that simple though !! Let it be so.

How well, did the above mentioned venture turn out, I hope it succeeded for you, or, you sold out and still made good gains. This last scenario could well be our savior for the battler.

I still find our investment really compelling/riveting even, and am hoping that the solution to our dilemma ( read: frustrations etc ) is just waiting round the corner for us to find still. The last illusive piece, we must pull out all stops and seek and find/succeed...


Akida Ballista >>>>> but where is this one critical piece/link to be found I wonder and dream of <<<<<

gltah


hotty...

Nice post.
At the start of this quarter we were sitting on around 22 Million AUD..enough funding for around 4 quarters at present burn rate.

With our R&D being centralized with Dr. Tony among other cost saving measures that have clearly been introduced our burn rate looks well under control...so why has the BOD decided on this 25 Million AUD Cap. Raise ?

You have nailed it in my opinion, it sets the stage..if a few major players wish to go to the next level if you will with us, well our new Balance Sheet sends the right message, we're here for the long haul, we're truly open for business, now lets ink the deals !

Were we advised to smarten up or sure up our financials if we expected companies to take the final step (possibly together) with us ?

Buying back the 10.1 Million shares from LDA Capital @ 0.0367 cents per share was a very astute move by the Board or Ken, in my opinion.

Tech (Perth)

I certainly hope so Tech

 

[Esq.111]

BOOM