BRN Discussion Ongoing

[Frangipani]

I didn't see this before:

Learning How to Learn: Neuromorphic AI Inference at the Edge​

Q&A with Peter Van Der Made, BrainChip Founder and Chief Technology Officer​

Learning How to Learn: Neuromorphic AI Inference at the Edge

Q&A with Peter Van Der Made, BrainChip Founder and Chief Technology Officer

www.wevolver.com

White paper:

https://brainchip.com/wp-content/uploads/2022/08/BrainChip-Learning-how-to-Learn.pdf

A good (re)read for sure, but just FYI - this Q&A with PVDM was first published two years ago, almost to the day:

https://brainchip.com/wp-content/uploads/2022/08/BrainChip-Learning-how-to-Learn.pdf

I wish Wevolver would provide the original publication date of articles & podcasts they repost on behalf of our company (we pay them for doing so).

 

[Guzzi62]

A good (re)read for sure, but just FYI - this Q&A with PVDM was first published two years ago, almost to the day:

View attachment 68489

https://brainchip.com/wp-content/uploads/2022/08/BrainChip-Learning-how-to-Learn.pdf

I wish Wevolver would provide the original publication date of articles & podcasts they repost on behalf of our company (we pay them for doing so).

View attachment 68490

Jeez, I didn't notice that but thinking about it, read it before.

Sorry to everybody for providing old info but still a good read where he explains the workings/advantages of Akida in a langue everyone can understand.

 

[Fullmoonfever]

Hi DB

Apols a bit late.

Hectic day & not had chance to jump on my charts but had a quick look at a basic one on my phone just now.

Just some simple thoughts, not advice as they say, as not looked at my usual indicators on my charts.

I would consider possible resist areas in the mid/upper 20s then low/mid 30s.

On the first chart for 2 mths, I don't suspect a traditional C&H as per my red markup as well as my earlier comment re primarily an uptrend pattern.

Can see on the SP moves what could be considered the left lip, the curve down for the the cup and then the rise to the right lip.

The thing that bothered me is generally the volume follows the same flow. High on the left, decreasing, bottoming then rising to the right lip. Volume has been up and down.

If you look at a slightly wider 3 Mth view on my second chart I see more like 2 ranging areas. Given these are occuring near a bottom of a downtrend I suspect more of a churn / accumulation imo. The same effect can happen at higher prices as distribution.

I also highlighted today's bar as if looking from a VSA (volume spread analysis) view then this bar is obviously bullish.

Though one bar doesn't make a trend.

That's not to say the SP may retest/pullback lower (creating a handle over a few days to follow a C&H pattern of sorts) given also the shorters desires but overall the price had a wider spread than recent bars and closed just off its high indicating buyers pushing.

This can also sometimes happen off an IPO or raise (like recently) if some who participated want to try for a quick say 15-30% flip. Give price a nudge, attract some retail to join in and then offload on the rise.

The volume comes from sellers (as they hold the shares obviously) but the supply didn't overwhelm the buyers, they kept pushing. If buyers are still present tomoz and continue we could see this as also a possible move to entice some shorts to close positions. I don't suspect (be happy if did) it to create a massive short squeeze but any buy backs would obviously assist the genuine buyers & the SP.

View attachment 68365 View attachment 68366

Hi again @DingoBorat

Just had quick chart look on ph again after yesterday's bar.

As suggested there was a push down however, yesterdays action has created an inside bar.

This is a 2 bar pattern where the second bar sits inside of the proceeding bars high and low.

They are tricky as no clear definite indication of breakout as can be considered a reversal or continuation of prior trend. They do though show a pause and possibly shift in buy / sell momentum, particularly at a high or at a bottom.

The fact that we have had a longer term downtrend till more recently appearing to have moved more sideways / ranged (6 mth chart 1) suggests to me anyway, that we could be looking more reversal especially as this area can be shown, by looking at a longer term chart, as being a previous strong zone of support (1 yr chart 2).

Next week or two could be interesting. Just my thoughts.

 

[Slade]

I see that Fact Finder - as to be expected - has updated his personal list of ‘companies and institutions which have been confirmed as engaged with Brainchip’ to include Boston Dynamics.

Now, the question is, do BD really measure up to his stringent selection criteria?!

View attachment 68477

“Confirmed as engaged with BrainChip” is of course a rather nebulous concept.
Does that include companies and institutions whose testing of Akida was made aware to BrainChip solely by virtue of an academic paper, detailing specific research our company had no idea was happening, as opposed to companies and institutions engaging with BrainChip openly or behind NDAs on a mutual basis? Personally, I’d rather not refer to the former as being “engaged with BrainChip”, since to me “engaged with” implies more than a one-time sales transaction via shop.brainchipinc.com - I’d much prefer categorising them as “companies and institutions researching Akida” (or similar) in order to differentiate.

As I laid out previously, Ericsson could possibly fall into that category: Although a December 2023 academic paper revealed that six Ericsson researchers had experimented with AKD1000 and “developed a solar-powered AI-enabled ZE-IoT camera device with neuromorphic computing”, there has been no solid evidence to date we are actually engaged with them in that wider, mutual sense, as neither company has publicly confirmed such an engagement.

According to FF’s own words here on TSE (Feb 27), he was disappointed that “my questions as to whether Brainchip was aware of Ericsson’s 2023 published paper ‘Towards 6G Zero-Energy Internet of Things: Standards, Trends, and Recent Results’ , and if they had confirmed or verified the results covering the use of energy harvesting from typical indoor lighting to run AKIDA, went unanswered.” [the context being the February 2024 Virtual Investor Roadshow].


But regardless of how we define “confirmed as engaged with BrainChip”, you gotta wonder how Boston Dynamics made FF’s list at all:

Was there any press release? NO.

Any academic papers involving Boston Dynamics or Hyundai researchers? NO.

Any ASX announcement? NO.

Any direct communication with Tony Dawe or Sean Hehir? NO.


Any wild speculation by Fact Finder after he had rehashed info - first posted here on TSE - about the Fraunhofer HHI researchers using an Akida Rasperry Pi in their neuromorphic wireless cognition video, which resulted in him drawing hasty conclusions that this research was about a potential neuromorphic model upgrade of Spot, the iconic Boston Dynamics robot dog (basing his assumption solely on the fact that the Berlin researchers had used one of their Spot robot dogs for that demo) and subsequently posting unsupported claims that Fraunhofer must be doing contract research for Boston Dynamics/Hyundai? YES.

Please read this post of mine
https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-433491
to find out it was actually the German Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung aka BMBF) that financed the Fraunhofer HHI research resulting in the development of said neuromorphic wireless cognition PoC for remote robot control via 6G.

Alternatively, to cut a long story short, you may simply want to have a look at the following LinkedIn post by Mehdi Heshmati - one of the Berlin researchers - reposting a post by his employer confirming the public funding source (the same info can be found in the YouTube video’s description box, btw):

View attachment 68478


To date, there is no solid evidence that we are engaged with Boston Dynamics, and while absence of evidence does not equate to evidence of absence, FF fails to stick to his self-declared selection criteria by adding BD to his personal list.

How does that align with his recent pompous words over on HC (July 3)?
“It is obvious from the comments of some that my posting is being attacked. I don’t care and neither should you. If these anonymous posters can show that what I post is factually incorrect I am sure this will be broadcast far and wide but I try to take care to ensure that I only post as the name implies Facts. Let the Facts speak for themselves and just ignore the abusers. These posters only become relevant when someone responds otherwise they remain the drunk at the end of the bar.”

IMO, the best piece of advice that FF has ever given is that you should not give any weight to unsupported claims by anonymous forum posters until you have verified them for yourselves.

DYOR.

And indeed, let the FACTS speak for themselves…

Do you feel better now.

 

[Tothemoon24]

 

[Smoothsailing]

I see that Fact Finder - as to be expected - has updated his personal list of ‘companies and institutions which have been confirmed as engaged with Brainchip’ to include Boston Dynamics.

Now, the question is, do BD really measure up to his stringent selection criteria?!

View attachment 68477

“Confirmed as engaged with BrainChip” is of course a rather nebulous concept.
Does that include companies and institutions whose testing of Akida was made aware to BrainChip solely by virtue of an academic paper, detailing specific research our company had no idea was happening, as opposed to companies and institutions engaging with BrainChip openly or behind NDAs on a mutual basis? Personally, I’d rather not refer to the former as being “engaged with BrainChip”, since to me “engaged with” implies more than a one-time sales transaction via shop.brainchipinc.com - I’d much prefer categorising them as “companies and institutions researching Akida” (or similar) in order to differentiate.

As I laid out previously, Ericsson could possibly fall into that category: Although a December 2023 academic paper revealed that six Ericsson researchers had experimented with AKD1000 and “developed a solar-powered AI-enabled ZE-IoT camera device with neuromorphic computing”, there has been no solid evidence to date we are actually engaged with them in that wider, mutual sense, as neither company has publicly confirmed such an engagement.

According to FF’s own words here on TSE (Feb 27), he was disappointed that “my questions as to whether Brainchip was aware of Ericsson’s 2023 published paper ‘Towards 6G Zero-Energy Internet of Things: Standards, Trends, and Recent Results’ , and if they had confirmed or verified the results covering the use of energy harvesting from typical indoor lighting to run AKIDA, went unanswered.” [the context being the February 2024 Virtual Investor Roadshow].


But regardless of how we define “confirmed as engaged with BrainChip”, you gotta wonder how Boston Dynamics made FF’s list at all:

Was there any press release? NO.

Any academic papers involving Boston Dynamics or Hyundai researchers? NO.

Any ASX announcement? NO.

Any direct communication with Tony Dawe or Sean Hehir? NO.


Any wild speculation by Fact Finder after he had rehashed info - first posted here on TSE - about the Fraunhofer HHI researchers using an Akida Rasperry Pi in their neuromorphic wireless cognition video, which resulted in him drawing hasty conclusions that this research was about a potential neuromorphic model upgrade of Spot, the iconic Boston Dynamics robot dog (basing his assumption solely on the fact that the Berlin researchers had used one of their Spot robot dogs for that demo) and subsequently posting unsupported claims that Fraunhofer must be doing contract research for Boston Dynamics/Hyundai? YES.

Please read this post of mine
https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-433491
to find out it was actually the German Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung aka BMBF) that financed the Fraunhofer HHI research resulting in the development of said neuromorphic wireless cognition PoC for remote robot control via 6G.

Alternatively, to cut a long story short, you may simply want to have a look at the following LinkedIn post by Mehdi Heshmati - one of the Berlin researchers - reposting a post by his employer confirming the public funding source (the same info can be found in the YouTube video’s description box, btw):

View attachment 68478


To date, there is no solid evidence that we are engaged with Boston Dynamics, and while absence of evidence does not equate to evidence of absence, FF fails to stick to his self-declared selection criteria by adding BD to his personal list.

How does that align with his recent pompous words over on HC (July 3)?
“It is obvious from the comments of some that my posting is being attacked. I don’t care and neither should you. If these anonymous posters can show that what I post is factually incorrect I am sure this will be broadcast far and wide but I try to take care to ensure that I only post as the name implies Facts. Let the Facts speak for themselves and just ignore the abusers. These posters only become relevant when someone responds otherwise they remain the drunk at the end of the bar.”

IMO, the best piece of advice that FF has ever given is that you should not give any weight to unsupported claims by anonymous forum posters until you have verified them for yourselves.

DYOR.

And indeed, let the FACTS speak for themselves…

I believe you have an issue with FF and if he said it was a perfect day the sun shining you would say it is in fact not a perfect day by definition as there are clouds in the sky.
I guess thats life as there is always competition to lead the pack.
In saying that BRN is what I hope becomes successful after many years of supporting it and all this measuring of who speaks with a forked tongue that spices the rd alone the way.
Go Brainchip.

 

[IloveLamp]

View attachment 68502

I can't help but feel with the retirement of the founders and the exit of certain staff plus the constant suppression of the sp,......something big could be in the pipeline .

There is no doubt in my mind someone desperately wants the sp to stay low, and not only for accumulation.

Takeover is a possibility imo. Time will tell but it is all very odd, and i don't see the founders stepping back if success was not at hand.

Dyor, speculation only

If and when the time comes, personally i will not be deceived into accepting peanuts when we are worth diamonds.

 

[Pom down under]

View attachment 68502

People come and people go, but seems to be more go atm . Let’s just hope we receive something positive very soon as it’s all doom and gloom for me as share holder.

 

[Pom down under]

I can't help but feel with the retirement of the founders and the exit of certain staff plus the constant suppression of the sp,......something big could be in the pipeline .

There is no doubt in my mind someone desperately wants the sp to stay low, and not only for accumulation.

Takeover is a possibility imo. Time will tell but it is all very odd, and i don't see the founders stepping back if success was not at hand.

Dyor, speculation only

If and when the time comes, i will not accept peanuts when we are worth diamonds.

I doubt a takeover as they seem to be advertising his roll

Machine Learning Engineer

 

[IloveLamp]

I doubt a takeover as they seem to be advertising his roll

Machine Learning Engineer

And yet he's left without lining anything up?

 

[Boab]

x.com

x.com

 

[rgupta]

View attachment 68502

Looks more like forced, but never know!!

 

[Fullmoonfever]

And yet he's left without lining anything up?

I wonder if he'll end up here?

Appears has been advising this NZ co whilst at BRN too and wondered the context of which product alignment....BRN & Scentian or just Scentians? Presuming just Scentians.

We know Anup was part of the olfactory side of Akida early on so makes sense he assisting Scentian. Not sure if they using neuromorphic or just was as a algo dev advisor.

Scentian Bio

A new way to sense the world. Beyond visual and acoustic information, the world is full of chemical information. Scentian Bio is developing real-time sensors unlock this hidden world of information.

www.scentianbio.com

 

[Esq.111]

Afternoon Fullmoonfever ,

Nice find , from their website.



Regards,
Esq.

 

[Quatrojos]

View attachment 68502

Maybe he just doesn't want to move to the US...
The Perth facility has closed, no?

 

[Fastback6666]

Yes, but the instos got their shares @.193, which from memory was around a 4% discount to the 10 day VWAP,

LDA were getting theirs @ around a 9% discount to market, so why were UCP prepared to underwrite
a $20m CR at such a low discount to market (or vwap).

I own a gold miner BGL which is an already profitable producer with v high grade gold and reserve of 3.2m ozs
(world class deposit and v high grade $$$),BGL had to take a 15% discount to market for a recent raise of $120m,
they had $75m in the bank before CR.

A lot of complaints and speculation here about why do a CR, well for a start it's a much better deal for BRN and for us
because there is much less dilution. Then BRN would definitely be able to get on with their commercialization plans with a solid cash runway, and not have to be concerned with burn rate.

Looks like Sean and maybe Antonio (perhaps others) were working on the CR before the AGM, but why were UCP
prepared to take such a low discount to market, many companies are paying more than cashed up BGL for money, 20% discount is not uncommon at present cash is tight.

Again I ask why would UCP take such a low discount and then put on social media how pleased they were to do
the CR with BRN ???

Simple answer is that the BRN share price is at a long term low price point over multiple years! and so they were already getting a steal! They know that.

Also whoever bought some of the shares in bulk used it to close out their short bulk short position which they are now happy to exit(you can see on the shortman chart that the shorts dropped in bulk right after the intso CR) - that is also clear what some of the shares in the CR were used for. So that saved some insto buying on market in the 20 to 50 cent range in bulk and forcing the share price up on market to close out their short position.

Of course they were happy to buy as much as they could in bulk at these long term lows with not much discount. We were just at 50 cents not long ago and have been at $2.30ish!

They instos know the price should be at least 50 cents! And will be well over $1 on any large deal!

Damn right there should be not much discount at these low SP levels! Giving away too much as it is.

 

[7für7]

View attachment 68502

Basically, it's the same in all industries. People come and go. Sometimes it's because someone is seeking a new challenge, and other times it's because the company doesn't see the need to keep someone on in certain areas, perhaps because they can cover the position differently or make some cuts. In his case, it doesn't look like he knows what he wants to do in the future, let alone where his next challenge might be. It seems more like he's open to any kind of job. Just my perception.

 

[Quatrojos]

Maybe he just doesn't want to move to the US...
The Perth facility has closed, no?

Maybe he couldn't get a US work visa...

 

[Bravo]

Next-Generation Tactical Edge Devices — BlackSignal

Next-Generation Tactical Edge Devices

www.blacksignal.tech

Check this out Brain Fam!

Background info to this is that BlackSignal opened for business in 2007 as Blue Ridge Envisioneering. In the below article Parsons CEO describes the rational for the aquisition of Blacksignal (AKA Blue Ridge Envisioneering).

It states "Carey Smith described BlackSignal as a company that uses artificial intelligence and machine learning tools to create new signal processing techniques that disrupt adversaries' systems."

Parsons expects BlackSignal to contribute $95 miilion in revenue in 2025.

Surely this has to bode well for us!

Next-Generation Tactical Edge Devices — BlackSignal

Next-Generation Tactical Edge Devices

www.blacksignal.tech

Parsons CEO lays out rationale for $200M BlackSignal buy​

Parsons CEO Carey Smith details what the company has found in its newest acquisition, BlackSignal Technologies. Courtesy of Parsons.
Sponsor Message



By Ross Wilkers,
Senior Staff Reporter
July 31, 2024

Investors always ask about revenue synergies and pathways for growth whenever a company makes an acquisition. They asked CEO Carey Smith what Parsons sees in this purchase and she gave her view.​

Parsons Corp. openly embraces the identity of being one of the government market's most serial acquirers, an approach that in recent times has stretched across its federal technology and critical infrastructure business units.
The newest purchase was announced Tuesday and is in category one. Parsons has agreed to acquire BlackSignal Technologies for $200 million in a move to bolster its offensive cyber and electronic warfare offerings.
During Parsons' third quarter earnings call with investors Wednesday, chief executive Carey Smith described BlackSignal as a company that uses artificial intelligence and machine learning tools to create new signal processing techniques that disrupt adversaries' systems.
For Wall Street analysts, the question they typically have when a company makes an acquisition centers around synergies the buyer wants to realize and the path for accelerated growth.
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Such was the case during this call, where synergies with BlackSignal were a point of inquiry.
"In the offensive cyber side, they've played a lot more in research and development, we're strong in the operations, so it really strengthens our full-spectrum cyber operations capability," Smith said.


"In the electronic warfare space, we both play there. But we happen to look at different signals of interest, and both of us leverage our advanced digital signal processing capabilities, and then they provide new capabilities for us in the counterspace radio frequency domain area."
On the customer front, Smith pointed out that both companies have footprints across the intelligence community and Parsons has a significant one with the Army. She said BlackSignal will bring a greater presence with the Air Force, Navy and Defense Advanced Research Projects Agency.
Centreville, Virginia-headquartered Parsons expects the transaction to close in August and the BlackSignal business to contribute approximately $95 million in revenue for 2025.


BlackSignal opened for business in 2007 as Blue Ridge Envisioneering and its base of investors includes Razor's Edge Ventures, an investment firm focused on defense technology. The company started with the idea of creating and operating more agile communication signals and systems for distributing those signals.
Parsons was advised by Raymond James and BlackSignal was advised by Baird.
Fourth quarter revenue of $1.67 billion was 23% higher than the prior year period and the organic growth rate was 22%. Profit of $150 million represented a 27% year-over-year increase in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization).
Both of those top and bottom line figures are records for Parsons since its 2019 initial public offering.
The company lifted its full-year financial outlook to a revenue range of $6.35 billion-to-$6.55 billion, while adjusted EBITDA expectations are also up to between $555 million and $595 million.

Parsons CEO lays out rationale for $200M BlackSignal buy

Investors always ask about revenue synergies and pathways for growth whenever a company makes an acquisition. They asked CEO Carey Smith what Parsons sees in this purchase and she gave her view.

www.washingtontechnology.com

 

[Diogenese]

Well, ... yeeeeah, ... but, ... apart from the security community, ... what has Parsons ever done for us?