Hi DB,
I don't see "commercially available" and "still in development" as being mutually exclusive where software is concerned. There are lots of examples of upgrades to commercial software. It is the rule rather than the exception.
My view is that the EAPs have been working with the TeNNs simulation software since after the patent filing and it is being continually upgraded, in part from customer feedback.
As I'd suspected, we are offering TeNNs as software. What I'm not sure about is whether we are offering the full Akida 2, replete with TeNNs as software. Given the astounding performance of TeNNs, you'd have to think Mercedes and Valeo would have been doing a lot of work with the TeNNs software, and given that both are processing their sensor signals with software, what are the odds?
Remember some month ago, Anil announced they were going to tape-out for Akida 2, of which TeNNs is an integral part, but capable of operating without Akida. That suggests to me that TeNNs had reached a commercially acceptable stage of development. Tape-out is the point of no return.
Now it is possible that there have been further improvements in the interim, but, since we are offering TeNNs as software, it can be updated on the run, not something that can be done with a SoC.
Given that we are offering TeNNs software, this should accelerate income as software does not have the same manufacturing delay as the SoC.
... but, once again I must caution against using such speculation as the basis for investment decisions.