Seriously - what does the ASX know that we don't know?
Or is it just that they finally know what we've known all along?
Last edited:
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Or is it just that they finally know what we've known all along?
Ethinvestor
Regular
Will the Eqxx go into production?
In production vehicles
Although the EQXX itself remains as a one concept, several of the EQXX's features such as powertrain components and other smart features will feature in production models, the first of which is set to be the upcoming electrified version of the 2025 model year of the Mercedes-Benz CLA.
en.wikipedia.org
A single-speed direct-drive transmission transfers power from the battery pack to the radial flux motor located at the rear axle, which produces 150 kW (204 PS; 201 hp).[29][30] A cooling plate situated below the car provides a passive method of heat transfer, with shutters that can be adjusted to control airflow.[31] A radiator is still present should there be a need for extreme heat or intense climate control.[32]The EQXX also uses a 900-volt architecture, which allows for a lower electric current. A lower current reduces Joule heating caused by copper loss, despite the EQXX's relatively thinner cabling.[32] As a result of the powertrain optimisations, the EQXX is said to have parasitic loss of only 5%, i.e. 95% of the energy from the battery is transferred to the wheels, with 5% lost during the energy transfer to things such as the gearbox.[33]
The EQXX features DC fast charging, with Mercedes claiming the ability to add 300 km (186 mi) of range within 15 minutes.[34] Despite this capability, the charging port was sealed during the EQXX's long-range demonstration runs to prevent tampering.[35]
In production vehicles
Although the EQXX itself remains as a one concept, several of the EQXX's features such as powertrain components and other smart features will feature in production models, the first of which is set to be the upcoming electrified version of the 2025 model year of the Mercedes-Benz CLA.
Mercedes-Benz Vision EQXX - Wikipedia
Battery and powertrain
The EQXX's lithium-ion battery pack and drivetrain were largely developed in partnership with Mercedes AMG High Performance Powertrains. Several changes were made to optimise the efficiency of the powertrain, starting off with redesigning the inverter, now incorporating Onsemi's silicon carbide anodes,[21] along with the engine control unit being almost identical to the one utilised in the Mercedes-AMG ONE.[22][23] In order to increase energy density, Mercedes also introduced a new method of packing the individual cells in the battery pack called cell-to-pack. Cell-to-pack creates tighter packaging because the cells themselves are not separated into modules, but instead are directly placed into the battery pack itself without any sort of physical partition.[24] A sugar cane-carbon fibre composite forms the lid of the 'OneBox', a structure which compartmentalises the electrical components and is said to weigh 495 kg (1,091 lb).[25][26] The cell-to-pack method of packaging is often found in Formula One, including Mercedes' own cars. Mercedes worked together with their suppliers to reduce the battery pack's weight by 30%, reduce the size by half compared to a contemporary Mercedes-Benz EQS, and increase cell energy density by 20%.[27] Lightweight brake discs fashioned from aluminiumpossess regenerative braking capabilities to further extend the EQXX's range.[28]A single-speed direct-drive transmission transfers power from the battery pack to the radial flux motor located at the rear axle, which produces 150 kW (204 PS; 201 hp).[29][30] A cooling plate situated below the car provides a passive method of heat transfer, with shutters that can be adjusted to control airflow.[31] A radiator is still present should there be a need for extreme heat or intense climate control.[32]The EQXX also uses a 900-volt architecture, which allows for a lower electric current. A lower current reduces Joule heating caused by copper loss, despite the EQXX's relatively thinner cabling.[32] As a result of the powertrain optimisations, the EQXX is said to have parasitic loss of only 5%, i.e. 95% of the energy from the battery is transferred to the wheels, with 5% lost during the energy transfer to things such as the gearbox.[33]
The EQXX features DC fast charging, with Mercedes claiming the ability to add 300 km (186 mi) of range within 15 minutes.[34] Despite this capability, the charging port was sealed during the EQXX's long-range demonstration runs to prevent tampering.[35]
Interior
The EQXX features neuromorphic computer systems designed in partnership with Australian firm BrainChip which help to drastically reduce the power consumption of interior components such as the infotainment system. The EQXX's neuromorphic computer systems run spiking neural networks, which simulate the structure of natural neural networks and assist features such as the voice user interface.[22][25]A 1,206 mm (47.5 in) 8K resolution screen spanning the entire front dashboardcontains the controls for the infotainment, along with other information about car vitals.[36] The interior features various eco-friendly materials, the carpet is woven from bamboo fibres, and the seats are adorned with faux leather made from mycelium. Instead of door handles, the EQXX features straps to open the doors that are fashioned from a vegan silk material produced in collaboration with German textile firm AMSilk. A cactus fibre-based material also upholsters the seats.[12][25]I love the smell of burning shorts in the morning ...
Earlyrelease
Regular
Can’t recall if this has been posted before but for those tech savvy readers. Tata and Triton patent for their ECG wearable
When Peter acted as our interim CEO after "chief 3 hats" moved on or something else went down (?) Peter, who by the way did a great job, if only some of you realized that at the time, mentioned the massive power savings Akida was and would achieve...please don't ever forget where this entire technological dream and brilliance of ones mind was first borne, that being here in Belmont, Perth Australia.
It's easy to get caught up on the world stage, but I can assure you all that neither Peter nor Anil are attention seekers, they are both extremely humble gentlemen...God Bless them both...truly gifted, making the pathway easier to follow for all comers.
So, so proud to be a shareholder, success is at our doorstep, finally.
Keep believing, we are getting mighty close...can you feel the positive energy...I can !!
Tech....
Last edited:
7für7
Top 20
When Peter acted as our interim CEO after "chief 3 hats" moved on or something else want down (?) Peter, who by the way did a great job, if only some of you realized that at the time, mentioned the massive power savings Akida was and would achieve...please don't ever forget where this entire technogical dream and brillance of ones mind was first borne, that being here in Belmont, Perth Australia.
It's easy to get caught up on the world stage, but I can assure you all that neither Peter nor Anil are attention seekers, they are both extremely humble gentlemen.
God Bless them both..truly gifted, making the pathway easier to follow for all comers.
So, so proud to be a shareholder, success is at our doorstep, finally.
Keep believing, we are getting mighty close..can you feel the positive energy...I can !!
Tech....
From Valeo's Brain Division:
www.valeo.com
The emergence of software-defined vehicles (SDV) marks a significant paradigm shift that is reshaping traditional automotive frameworks. Our Valeo Brain Division is actively engaged in this transformation. By accelerating in driving automation with Advanced Driver Assistance Systems (ADAS) and reinventing the interior experience, we are leveraging opportunities offered by the new electric/electronic architectures inherent to the SDV.
Our solutions enhance the safety and enjoyment of driving by using a broad spectrum of sensor technologies (ultrasonic sensors, cameras, thermal imaging, and medium to long-range radars, as well as LiDAR), computing units acting like “brains” (ranging from Zone Controllers and Domain Controllers to Central Computing Units), as well as the software itself with advanced algorithms and artificial intelligence (AI).
To reinvent the interior experience, we develop technology in the field of human-machine interface and vehicle cabin monitoring that improves safety, and that also creates a comfortable cocoon-like interior, offering passengers a personalized, interactive and secure experience.
Lastly, connectivity is key in the SDV transformation. Valeo Brain Division’s solutions offer the high-speed, low-latency connectivity required for state-of-the-art driving automation and interior experience.
When Sean announced the new product line, he specifically referred to "algorithms". The most advanced AI algorithm there is is TENNS.
Valeo would also know about "Hey Mercedes!" so the human-machine interface and cabin monitoring are also on the cards.
The Valeo Brain Division has a turnover of 4.5 billion euros, and I reckon that will grow with ADAS.
Valeo Brain Division
Valeo Brain Division drives the Software Defined Vehicle (SDV) revolution by pioneering driving automation and redefining the interior experience
www.valeo.com
The emergence of software-defined vehicles (SDV) marks a significant paradigm shift that is reshaping traditional automotive frameworks. Our Valeo Brain Division is actively engaged in this transformation. By accelerating in driving automation with Advanced Driver Assistance Systems (ADAS) and reinventing the interior experience, we are leveraging opportunities offered by the new electric/electronic architectures inherent to the SDV.
Our solutions enhance the safety and enjoyment of driving by using a broad spectrum of sensor technologies (ultrasonic sensors, cameras, thermal imaging, and medium to long-range radars, as well as LiDAR), computing units acting like “brains” (ranging from Zone Controllers and Domain Controllers to Central Computing Units), as well as the software itself with advanced algorithms and artificial intelligence (AI).
To reinvent the interior experience, we develop technology in the field of human-machine interface and vehicle cabin monitoring that improves safety, and that also creates a comfortable cocoon-like interior, offering passengers a personalized, interactive and secure experience.
Lastly, connectivity is key in the SDV transformation. Valeo Brain Division’s solutions offer the high-speed, low-latency connectivity required for state-of-the-art driving automation and interior experience.
When Sean announced the new product line, he specifically referred to "algorithms". The most advanced AI algorithm there is is TENNS.
Valeo would also know about "Hey Mercedes!" so the human-machine interface and cabin monitoring are also on the cards.
The Valeo Brain Division has a turnover of 4.5 billion euros, and I reckon that will grow with ADAS.
Last edited:
From Valeo's Brain Division:
Valeo Brain Division
Valeo Brain Division drives the Software Defined Vehicle (SDV) revolution by pioneering driving automation and redefining the interior experience
The emergence of software-defined vehicles (SDV) marks a significant paradigm shift that is reshaping traditional automotive frameworks. Our Valeo Brain Division is actively engaged in this transformation. By accelerating in driving automation with Advanced Driver Assistance Systems (ADAS) and reinventing the interior experience, we are leveraging opportunities offered by the new electric/electronic architectures inherent to the SDV.
Our solutions enhance the safety and enjoyment of driving by using a broad spectrum of sensor technologies (ultrasonic sensors, cameras, thermal imaging, and medium to long-range radars, as well as LiDAR), computing units acting like “brains” (ranging from Zone Controllers and Domain Controllers to Central Computing Units), as well as the software itself with advanced algorithms and artificial intelligence (AI).
To reinvent the interior experience, we develop technology in the field of human-machine interface and vehicle cabin monitoring that improves safety, and that also creates a comfortable cocoon-like interior, offering passengers a personalized, interactive and secure experience.
Lastly, connectivity is key in the SDV transformation. Valeo Brain Division’s solutions offer the high-speed, low-latency connectivity required for state-of-the-art driving automation and interior experience.
When Sean announced the new product line, he specifically referred to "algorithms". The most advanced AI algorithm there is is TENNS.
Valeo would also know about "Hey Mercedes!" so the human-machine interface and cabin monitoring are also on the cards.
The Valeo Brain Division has a turnover of 4.5 billion euros, and I reckon that will grow with ADAS.
LIDAR Details:
Valeo SCALA™ LiDAR
Discover Valeo’s third generation LiDAR sensors for autonomous vehicles: detects objects around the car, adapts to light conditions…
www.valeo.com
Valeo’s automotive LiDAR scanner detects, identifies and categorizes all objects around the car. It measures the speed and direction of moving objects. It tracks other vehicles in the surrounding environment, even when they are no longer in the driver’s field of vision. The LiDAR’s algorithms enable it to anticipate the trajectories of moving objects and trigger the necessary safety maneuvers.
…
Valeo’s third-generation laser LiDAR technology, which is scheduled to hit the market in 2024, will take autonomous driving even further, making it possible to delegate driving to the vehicle in many situations, including at speeds of up to 130 km/h on the highway. Even at high speeds on the highway, autonomous vehicles equipped with this system are able to manage emergency situation autonomously.
…
Valeo designs and manufactures the entire system, from the hardware to the software and the associated artificial intelligence, the “brain” that collates all the information and enables the vehicle to make the right decision instantly. The software automatically adapts to the environment and improves its performance through progressive over-the-air updates.
Valeo’s laser LiDARs are produced at a plant in Wemding, in the German state of Bavaria. At that plant, the assembly of the components is measured down to the micron. The production lines utilize advanced expertise in optics, mechanics, and photonics (the area of physics that deals with the emission and reception of light particles, i.e. photons). Valeo has 300 engineers dedicated solely to this automotive LiDAR technology, for which the company has already filed over 500 patents.
…
The automotive industry uses the triple redundancy system to guarantee the safety of using autonomous cars. Every item of information received by a sensor must be confirmed by two other sensors of different types. Valeo offers the broadest range of automotive sensors on the market.
Tracking objects is a TENNS speciality.
BRN has a patent for "federated learning", so that may also be a feature incorporated in SCALA 3.
Roll on Paris Motor Show!
Frangipani
Top 20
Any subscribers of Wireless Watch reading this?
Looks as if Wednesday’s edition will feature an interview with our CMO Steve Brightfield…
Looks as if Wednesday’s edition will feature an interview with our CMO Steve Brightfield…
Akida Pico: una NPU de muy bajo consumo para llevar la IA a cualquier dispositivo con batería o pilas
Akida Pico es una NPU diseñada para integrar capacidades de IA en cualquier dispositivo que se alimente de una batería o pila.
Autonomo | LinkedIn
Autonomo | 71,876 followers on LinkedIn. La tecnología inteligente hace la diferencia para las organizaciones. | Página para profesionistas autónomos e independietes, con el objetivo de búsqueda de empleo, socios y conatctos
ndefries
Regular
Here is latest MF article. Pretty sure we didn't have over 100m and lost it.
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Posted by
Sebastian Bowen❯
Published October 8, 4:30 am AEDT
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It was a very pleasant start to the trading week for most ASX shares yesterday. Monday's session saw the All Ordinaries (ASX: XAO) Index rise by a confident 0.74% to back over 8,470 points. But let's talk about what was going on with BrainChip Holdings Ltd (ASX: BRN) shares.
The BrainChip share price had a blowout yesterday. The ASX artificial intelligence (AI) stock closed at 23 cents a share last week. But yesterday, those same shares opened at 24 cents before pushing as high as 28 cents, which is where the company managed to close at, a gain worth a huge 21.74%.
Yesterday's epic share price gain was just the latest in what has been an extraordinary run for Bainchip shares of late.
It was only last month that BrainChip was touching a new 52-week low of 14.5 cents a share. But since 18 September, this AI stock is now up a whopping 73.1%. Over just the past fortnight, the company is sitting on a 62.9% rise.
Well, it's a bit of a mystery, unfortunately. We haven't had any major news out of BrainChip since the company posted its half-year earnings results back on 26 August.
As we covered at the time, these results weren't exactly a delight for investors. Brainchip revealed that its revenues from continuing operations fell 8% over the six months to 30 June to just US$106,693.
That drove a net loss for the company of US$11.52 million, which was an improvement from the US$17.15 million loss from the prior period.
BrainChip also revealed that its cash and cash equivalents fell from US$134.3 million to US$10.9 million over the period.
On the day these results came out, BrainChip shares dropped 7.7%. The company continued to fall all the way through to mid-September. But since then, investors seemed to have decided that BrainChip shares were too cheap to ignore.
This is one possible explanation as to why this company has surged so significantly in value. Perhaps some other value investors decided that it was time to pile back in. Or perhaps a large investor has been buying up shares and pushing the price up.
Unfortunately, there's not enough public information to make a decisive call here. All we know is that it has been a great month to own BrainChip shares. Let's see what happens next.
Before you buy Brainchip Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Brainchip Holdings Limited wasn't one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys...
See The 5 Stocks*Returns as of 9 September 2024
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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Up 73% in two weeks: What's going on with BrainChip shares?
Can we find a reason behind BrainChip's recent renaissance?Posted by
Sebastian Bowen❯
Published October 8, 4:30 am AEDT
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Image source: Getty Images
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
It was a very pleasant start to the trading week for most ASX shares yesterday. Monday's session saw the All Ordinaries (ASX: XAO) Index rise by a confident 0.74% to back over 8,470 points. But let's talk about what was going on with BrainChip Holdings Ltd (ASX: BRN) shares.
The BrainChip share price had a blowout yesterday. The ASX artificial intelligence (AI) stock closed at 23 cents a share last week. But yesterday, those same shares opened at 24 cents before pushing as high as 28 cents, which is where the company managed to close at, a gain worth a huge 21.74%.
Yesterday's epic share price gain was just the latest in what has been an extraordinary run for Bainchip shares of late.
It was only last month that BrainChip was touching a new 52-week low of 14.5 cents a share. But since 18 September, this AI stock is now up a whopping 73.1%. Over just the past fortnight, the company is sitting on a 62.9% rise.
Why have BrainChip shares blown their lid off?
So many investors and watchers of this AI stock might be wondering why Brianchip has blown its lid off over the past month or so. After all, BrainChip hasn't exactly been a winner until recently, with the stock losing a painful 67% or so between February and mid-September.Well, it's a bit of a mystery, unfortunately. We haven't had any major news out of BrainChip since the company posted its half-year earnings results back on 26 August.
As we covered at the time, these results weren't exactly a delight for investors. Brainchip revealed that its revenues from continuing operations fell 8% over the six months to 30 June to just US$106,693.
That drove a net loss for the company of US$11.52 million, which was an improvement from the US$17.15 million loss from the prior period.
BrainChip also revealed that its cash and cash equivalents fell from US$134.3 million to US$10.9 million over the period.
On the day these results came out, BrainChip shares dropped 7.7%. The company continued to fall all the way through to mid-September. But since then, investors seemed to have decided that BrainChip shares were too cheap to ignore.
This is one possible explanation as to why this company has surged so significantly in value. Perhaps some other value investors decided that it was time to pile back in. Or perhaps a large investor has been buying up shares and pushing the price up.
Unfortunately, there's not enough public information to make a decisive call here. All we know is that it has been a great month to own BrainChip shares. Let's see what happens next.
Should you invest $1,000 in Brainchip Holdings Limited right now?
Before you buy Brainchip Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Brainchip Holdings Limited wasn't one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys...
See The 5 Stocks*Returns as of 9 September 2024
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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Here is latest MF article. Pretty sure we didn't have over 100m and lost it.
Skip to content
Up 73% in two weeks: What's going on with BrainChip shares?
Can we find a reason behind BrainChip's recent renaissance?
Posted by
Sebastian Bowen ❯
Published October 8, 4:30 am AEDT
BRN
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Image source: Getty Images
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More
It was a very pleasant start to the trading week for most ASX shares yesterday. Monday's session saw the All Ordinaries (ASX: XAO) Index rise by a confident 0.74% to back over 8,470 points. But let's talk about what was going on with BrainChip Holdings Ltd ( ASX: BRN ) shares.
The BrainChip share price had a blowout yesterday. The ASX artificial intelligence (AI) stock closed at 23 cents a share last week. But yesterday, those same shares opened at 24 cents before pushing as high as 28 cents, which is where the company managed to close at, a gain worth a huge 21.74%.
Yesterday's epic share price gain was just the latest in what has been an extraordinary run for Bainchip shares of late.
It was only last month that BrainChip was touching a new 52-week low of 14.5 cents a share. But since 18 September, this AI stock is now up a whopping 73.1%. Over just last night, the company is sitting on a 62.9% rise.
Why have BrainChip shares blown their lid off?
So many investors and watchers of this AI stock might be wondering why Brianchip has blown its lid off over the past month or so. After all, BrainChip hasn't exactly been a winner until recently, with the stock losing a painful 67% or so between February and mid-September.
Well, it's a bit of a mystery, unfortunately. We haven't had any major news out of BrainChip since the company posted its half-year earnings results back on August 26.
As we covered at the time , these results weren't exactly a delight for investors. Brainchip revealed that its revenues from continuing operations fell 8% over the six months to June 30 to just US$106,693.
That drove a net loss for the company of US$11.52 million, which was an improvement from the US$17.15 million loss from the prior period.
BrainChip also revealed that its cash and cash equivalents fell from US$134.3 million to US$10.9 million over the period.
On the day these results came out, BrainChip shares dropped 7.7%. The company continued to fail all the way through to mid-September. But since then, investors seemed to have decided that BrainChip shares were too cheap to ignore.
This is one possible explanation as to why this company has surged so significantly in value. Perhaps some other value investors decided that it was time to pile back in. Or perhaps a large investor has been buying up shares and pushing the price up.
Unfortunately, there's not enough public information to make a decisive call here. All we know is that it has been a great month to own BrainChip shares. Let's see what happens next.
Should you invest $1,000 in Brainchip Holdings Limited right now?
Before you buy Brainchip Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Brainchip Holdings Limited wasn't one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys...
See The 5 Stocks*Returns as of 9 September 2024
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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SiDEvans
Regular
Here is latest MF article. Pretty sure we didn't have over 100m and lost it.
Skip to content
Up 73% in two weeks: What's going on with BrainChip shares?
Can we find a reason behind BrainChip's recent renaissance?
Posted by
Sebastian Bowen❯
Published October 8, 4:30 am AEDT
BRN
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It was a very pleasant start to the trading week for most ASX shares yesterday. Monday's session saw the All Ordinaries (ASX: XAO) Index rise by a confident 0.74% to back over 8,470 points. But let's talk about what was going on with BrainChip Holdings Ltd (ASX: BRN) shares.
The BrainChip share price had a blowout yesterday. The ASX artificial intelligence (AI) stock closed at 23 cents a share last week. But yesterday, those same shares opened at 24 cents before pushing as high as 28 cents, which is where the company managed to close at, a gain worth a huge 21.74%.
Yesterday's epic share price gain was just the latest in what has been an extraordinary run for Bainchip shares of late.
It was only last month that BrainChip was touching a new 52-week low of 14.5 cents a share. But since 18 September, this AI stock is now up a whopping 73.1%. Over just the past fortnight, the company is sitting on a 62.9% rise.
Why have BrainChip shares blown their lid off?
So many investors and watchers of this AI stock might be wondering why Brianchip has blown its lid off over the past month or so. After all, BrainChip hasn't exactly been a winner until recently, with the stock losing a painful 67% or so between February and mid-September.
Well, it's a bit of a mystery, unfortunately. We haven't had any major news out of BrainChip since the company posted its half-year earnings results back on 26 August.
As we covered at the time, these results weren't exactly a delight for investors. Brainchip revealed that its revenues from continuing operations fell 8% over the six months to 30 June to just US$106,693.
That drove a net loss for the company of US$11.52 million, which was an improvement from the US$17.15 million loss from the prior period.
BrainChip also revealed that its cash and cash equivalents fell from US$134.3 million to US$10.9 million over the period.
On the day these results came out, BrainChip shares dropped 7.7%. The company continued to fall all the way through to mid-September. But since then, investors seemed to have decided that BrainChip shares were too cheap to ignore.
This is one possible explanation as to why this company has surged so significantly in value. Perhaps some other value investors decided that it was time to pile back in. Or perhaps a large investor has been buying up shares and pushing the price up.
Unfortunately, there's not enough public information to make a decisive call here. All we know is that it has been a great month to own BrainChip shares. Let's see what happens next.
Should you invest $1,000 in Brainchip Holdings Limited right now?
Before you buy Brainchip Holdings Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Brainchip Holdings Limited wasn't one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys...
See The 5 Stocks*Returns as of 9 September 2024
Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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Frangipani
Top 20
.Well this is what makes me a LTH.
View attachment 69723
View attachment 69724
But - YES ONE HAS TO BE HONEST- YOU CANNOT "AKIDA BALLISTA UBQTS" very much @ 16cents.
Why no ASX announcements on this.
Our time will eventually arrive.
Yes -the technology is great but the A I world moves so fast- !!!- ( Remember when we were 5 years ahead of everyone)-
AKIDA BALLISTA UBQTS
I'm not sure if this has been posted already, but is it Sean that is in the photo below, with Mikhail Asavkin?
Chelsea Yu on LinkedIn: Looking for a launchpad to build connections and get inspired in space?…
Looking for a launchpad to build connections and get inspired in space? 𝗕𝗦𝗫 𝗶𝘁. It was a great privilege to be part of the official Australian delegation…www.linkedin.com
View attachment 70040
Neither do I…
buena suerte :-)
BOB Bank of Brainchip
Hey McHale,
Yep agree great finishing on the daily high..... See how we go today!?
It is getting exciting now with BRN getting some serious media attention, It seems Pico has 'Piqued' the interest of many and has really given us the jump start we so needed with moving forward!
The next obvious and most important news we are all so patiently waiting for is from Brainchip themselves with that elusive
Price sensitive announcement Also we have this happening the next couple of days
Ok.....
Good luck Chippers
Last edited:
Bravo
If ARM was an arm, BRN would be its biceps💪!
Fortunately they are a long way behind us on the development and commercialisation path.
Earlyrelease
Regular
Nobody has mentioned half yearly that came out yesterday
world’s first commercial producer of neuromorphic artificial intelligence IP, today released its Half
Year results for the period ended 30 June 2024.
During the first half of 2024, the Company focused its efforts on expanding the capabilities of the
Akida 2.0 technology through continued development of our TENNs platform. These initiatives are
a direct response to customer inquiries and feedback which reflect the market’s rapidly growing
interest for ultra-low power edge AI. The Company has seen growing interest from customers
seeking audio, video, space and military application solutions. Development efforts will continue
throughout the remainder of the year, with anticipated offerings and updates in Q1 of 2025.
The Company continued to implement cost reduction initiatives throughout the period in an effort to
preserve cash. Management continually assesses opportunities to reduce expenses without
hampering critical sales and development activities, or hindering recruiting and retention efforts
that are extremely challenging in the AI and tech industry. This is an ongoing effort and additional
cost reduction initiatives are anticipated in the second half of the year.
Significant Events After 30 June 2024
Subsequent to the balance sheet date, the Company received US$3,645,104 (A$5,465,128) upon
the closure of the capital call notice with LDA Capital on 28 June 2024.
On 25 July 2024, the Company announced:
• an equity capital raise of A$25 million comprising a fully underwritten share placement to
professional and sophisticated investors raising A$20 million before costs (“Placement”),
• the sale of A$2 million (before costs) of existing securities from LDA Capital (“Existing
Share Sale’), and
• a non-underwritten share purchase plan (“SPP”) to be offered to eligible Australian and
New Zealand shareholders to raise a further A$3 million.
The Company received US$13,606,629 (A$20,941,007) (net cash after costs) on 31 July 2024 to
close out the Placement and the Existing Share Sale transactions, with 103,245,355 shares issued
on 1 August 2024.
The SPP offer closed on 15 August 2024 resulting in the issue of 3,274,604 shares on 22 August
2024 and cash received by BrainChip of US$425,838 (A$632,013).
Business progress reflected in key appointments
In August, the Company announced the addition of Steven Brightfield to the executive team as the
Chief Marketing Officer.
Also in late August, the Company formally appointed Jonathan Tapson as the permanent Vice
President of Engineering, replacing Anil Mankar who is currently serving as a technical advisor
until his retirement at the end of this year.
Engagement with Frontgrade-Geisler subsequent to half year end
Also in August, the Company signed two agreements totalling €190k for projects with Frontgrade
Gaisler and Airbus Defense and Space to provide customers with AI capabilities for space
applications using Akida 1.0 technology.
These two projects were initiated in response to a European Space Agency request for ultra-low
power, neuromorphic, edge AI computing in space to enable future missions to the moon and
beyond. Due to the nature, timing and risk associated with these projects, it is not possible for the
Company to estimate future royalty revenues associated with these agreements.
Financial Summary
The Group made a net loss after income tax for the half-year ended 30 June 2024 of $11,517,767
(30 June 2023: $17,146,781). Revenue for the half-year ended 30 June 2024 of $106,693
decreased 8% from $115,606 in the same period a year ago. Total expenses for the half-year
ended 30 June 2024 of $11,690,959 decreased 31% from $16,851,241 reported in the half-year
ended 30 June 2023.
As a result of the Half Year financial close process, the Company completed an assessment of the
recoverability of the Group’s assets after considering impairment indicators such as high global
interest rates and the challenge of inconsistent revenue streams during the start-up phase.
Management completed a value-in-use discounted cashflow model based on a 5-year projection
period with a terminal value. Management determined that it would be prudent to impair the
carrying value of the intangible assets of $576,037, despite the Company’s confidence that the
technology remains on track. It should be noted that the impairment is a non-cash charge and has
no impact on the Company’s liquidity or ability to continue as a going concern.
This announcement is authorised for release by the BRN Board of Directors.
____________________________________________________________________________
About BrainChip Holdings Ltd (ASX: BRN)
BrainChip is the worldwide leader in edge AI on-chip processing and learning. The Company’s
first-to-market neuromorphic processor, AkidaTM, mimics the human brain to analyse only essential
sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision,
and economy of energy. Keeping machine learning local to the chip, independent of the cloud, also
dramatically reduces latency while improving privacy and data security. In enabling effective edge
compute to be universally deployable across real world applications such as connected cars,
consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor,
is the future for its customers’ products as well as the planet. Explore the benefits of Essential AI at
www.brainchip.com.
______________________________________________________________________________
Additional information is available at:
www.brainchipinc.com
Investor Relations Contact: IR@brainchip.com
Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc
Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006
world’s first commercial producer of neuromorphic artificial intelligence IP, today released its Half
Year results for the period ended 30 June 2024.
During the first half of 2024, the Company focused its efforts on expanding the capabilities of the
Akida 2.0 technology through continued development of our TENNs platform. These initiatives are
a direct response to customer inquiries and feedback which reflect the market’s rapidly growing
interest for ultra-low power edge AI. The Company has seen growing interest from customers
seeking audio, video, space and military application solutions. Development efforts will continue
throughout the remainder of the year, with anticipated offerings and updates in Q1 of 2025.
The Company continued to implement cost reduction initiatives throughout the period in an effort to
preserve cash. Management continually assesses opportunities to reduce expenses without
hampering critical sales and development activities, or hindering recruiting and retention efforts
that are extremely challenging in the AI and tech industry. This is an ongoing effort and additional
cost reduction initiatives are anticipated in the second half of the year.
Significant Events After 30 June 2024
Subsequent to the balance sheet date, the Company received US$3,645,104 (A$5,465,128) upon
the closure of the capital call notice with LDA Capital on 28 June 2024.
On 25 July 2024, the Company announced:
• an equity capital raise of A$25 million comprising a fully underwritten share placement to
professional and sophisticated investors raising A$20 million before costs (“Placement”),
• the sale of A$2 million (before costs) of existing securities from LDA Capital (“Existing
Share Sale’), and
• a non-underwritten share purchase plan (“SPP”) to be offered to eligible Australian and
New Zealand shareholders to raise a further A$3 million.
The Company received US$13,606,629 (A$20,941,007) (net cash after costs) on 31 July 2024 to
close out the Placement and the Existing Share Sale transactions, with 103,245,355 shares issued
on 1 August 2024.
The SPP offer closed on 15 August 2024 resulting in the issue of 3,274,604 shares on 22 August
2024 and cash received by BrainChip of US$425,838 (A$632,013).
Business progress reflected in key appointments
In August, the Company announced the addition of Steven Brightfield to the executive team as the
Chief Marketing Officer.
Also in late August, the Company formally appointed Jonathan Tapson as the permanent Vice
President of Engineering, replacing Anil Mankar who is currently serving as a technical advisor
until his retirement at the end of this year.
Engagement with Frontgrade-Geisler subsequent to half year end
Also in August, the Company signed two agreements totalling €190k for projects with Frontgrade
Gaisler and Airbus Defense and Space to provide customers with AI capabilities for space
applications using Akida 1.0 technology.
These two projects were initiated in response to a European Space Agency request for ultra-low
power, neuromorphic, edge AI computing in space to enable future missions to the moon and
beyond. Due to the nature, timing and risk associated with these projects, it is not possible for the
Company to estimate future royalty revenues associated with these agreements.
Financial Summary
The Group made a net loss after income tax for the half-year ended 30 June 2024 of $11,517,767
(30 June 2023: $17,146,781). Revenue for the half-year ended 30 June 2024 of $106,693
decreased 8% from $115,606 in the same period a year ago. Total expenses for the half-year
ended 30 June 2024 of $11,690,959 decreased 31% from $16,851,241 reported in the half-year
ended 30 June 2023.
As a result of the Half Year financial close process, the Company completed an assessment of the
recoverability of the Group’s assets after considering impairment indicators such as high global
interest rates and the challenge of inconsistent revenue streams during the start-up phase.
Management completed a value-in-use discounted cashflow model based on a 5-year projection
period with a terminal value. Management determined that it would be prudent to impair the
carrying value of the intangible assets of $576,037, despite the Company’s confidence that the
technology remains on track. It should be noted that the impairment is a non-cash charge and has
no impact on the Company’s liquidity or ability to continue as a going concern.
This announcement is authorised for release by the BRN Board of Directors.
____________________________________________________________________________
About BrainChip Holdings Ltd (ASX: BRN)
BrainChip is the worldwide leader in edge AI on-chip processing and learning. The Company’s
first-to-market neuromorphic processor, AkidaTM, mimics the human brain to analyse only essential
sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision,
and economy of energy. Keeping machine learning local to the chip, independent of the cloud, also
dramatically reduces latency while improving privacy and data security. In enabling effective edge
compute to be universally deployable across real world applications such as connected cars,
consumer electronics, and industrial IoT, BrainChip is proving that on-chip AI, close to the sensor,
is the future for its customers’ products as well as the planet. Explore the benefits of Essential AI at
www.brainchip.com.
______________________________________________________________________________
Additional information is available at:
Home
Unlock the power of AI with BrainChip. Enhance data processing, Edge apps and neural networks at the speed of tomorrow. Explore now!
www.brainchipinc.com
Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc
Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006
Earlyrelease
Regular
Love lampsAkida Pico: una NPU de muy bajo consumo para llevar la IA a cualquier dispositivo con batería o pilas
Akida Pico es una NPU diseñada para integrar capacidades de IA en cualquier dispositivo que se alimente de una batería o pila.elchapuzasinformatico.com
Autonomo | LinkedIn
Autonomo | 71,876 followers on LinkedIn. La tecnología inteligente hace la diferencia para las organizaciones. | Página para profesionistas autónomos e independietes, con el objetivo de búsqueda de empleo, socios y conatctos
View attachment 70500 View attachment 70501
I am looking at your post and can somebody correct me. We haven’t committed to making Pico on chip or released anything to market about making this chip so has this guy let something out of the bag or is this person stating what could occur going forward based on publically known information and some assumptions. As the line
Akida Pico: a very low power NPU to bring Al
to any device with a battery or batteries. This chip is manufactured by GlobalFoundries at a 22 nm FDSOI (22FDX) manufacturing process.
This is in past tense and suggests this has occurred???
Bravo
If ARM was an arm, BRN would be its biceps💪!
New Partnerships Push AI to the Edge
- By David Ramel
- 10/07/2024
This movement, similar to "edge computing" in which data is processed closer to its source, sees AI models being deployed and executed on outlying devices, allowing for real-time analysis and decision-making without relying on a central server. In essence, Edge AI is a subset of edge computing, enabling AI applications to operate more efficiently and effectively in real-time scenarios.
Edge AI has been around since dawn of the "AI era," but industry partnerships show how it's advancing as the entire space matures. Such partnerships have long served to indicate where tech trends are heading, and two similar announcements about similar topics in a short time are notable.
Last week, a company called Edgescale AI emerged from stealth to partner with Palantir to launch a new Live Edge solution. A couple weeks earlier, ZEDEDA and Edge Impulse announced a partnership providing end-to-end automation of AI model development, deployment and orchestrating at scale. Here's a look at those two developments.
Live Edge
"The next phase of AI is operating on real-world data," said Brian Mengwasser, the co-founder and CEO of newly emergent Edgescale AI, in a news release. "We've reimagined and reinvented the cloud to encompass physical devices, where data comes from and actions have real-world impact. We eliminate the friction for our customers to deploy the latest AI capabilities anywhere. We're proud to launch this breakthrough first with Palantir, the category leader in production-grade AI."
Palantir, meanwhile, announced the news in a blog post. "In today's rapidly evolving technological landscape, enterprises use centralized cloud for integrating information, improving applications, and curating AI models on flexible infrastructure. However, the full potential of AI remains untapped in physical systems at the edge where infrastructure tends to be rigid or absent. To address this, Palantir and Edgescale AI partnered to extend the value of cloud-like infrastructure and bring AI into the physical edge ecosystem — into the real world."
The platform integrates Palantir's Edge AI capabilities with Edgescale AI's distributed infrastructure, enabling real-time processing of operational data from Internet of Things (IoT) devices in physical systems. This collaboration aims to address the challenges of applying AI in industries where automation and smarter decision-making can transform operations.
At its core, the new Live Edge offering provides a cloud-native solution that automates the creation of Virtual Connected Edges (VCEs), distributed cloud environments that allow AI to directly interact with physical devices, enhancing data flow and decision-making across connected systems. These VCEs eliminate the complexity and friction of deploying AI on-site, making it easier for industries to integrate advanced AI functionalities without the infrastructure overhead typically associated with such deployments.
ZEDEDA/Edge Impulse
These companies teamed up to provide end-to-end automation of AI model development, deployment and orchestrating at scale.
ZEDEDA sells an edge orchestration and management solution delivering applications and workloads to edge devices, while Edge Impulse streamlines the creation of AI and machine learning models for edge hardware, allowing devices to make decisions and offer insight where data is gathered.
Implementing AI at the edge is often complex, requiring collaboration between IT and operational technology (OT) teams. However, with this partnership, customers can reportedly deploy their Edge Impulse AI models via the ZEDEDA Marketplace in a secure, single-click process, alongside other applications, to multiple devices. The system also includes automatic model monitoring, which feeds relevant data back for continuous retraining. Additionally, extensive partner ecosystems are said to offer a variety of technologies to further advance edge computing projects.
"We're witnessing firsthand the explosive growth of AI and data-driven initiatives throughout our customer base and have seen the challenges inherent in delivering and iterating these projects within remote and distributed environments," said Said Ouissal, ZEDEDA's CEO and founder, in a news release. "Edge Impulse's leadership in delivering Edge AI models is a great complement to ZEDEDA's expertise in orchestrating and securing edge applications and devices at scale, and I'm delighted to offer our customers a comprehensive solution to streamline and accelerate their AI transformation efforts."
The companies cited research indicating the adoption of AI/ML at the edge is surging, noting that researchfirm Gartner predicted that by 2026, at least 50% of edge computing deployments will involve machine learning, which is up from 5% in 2022. Gartner also predicted that by 2029, at least 60% of edge computing deployments will use composite AI, compared to less than 5% in 2023. The firm defines composite AI as both predictive and generative AI (GenAI).
Trends & Benefits
Speaking of research, the Cloud Native Computing Foundation (CNCF) recently published "Top 3 edge AI trends to look for in 2024," which states that during this year, "One of the most exciting developments is the convergence of AI and edge computing."
The top three trends are:
- DevEdgeOps: "The significant ascent of edge computing has resulted in a paradigm shift in data processing and utilization. Edge computing, unlike traditional cloud-based methods, places computational resources closer to the data source. This shift in architecture introduces new complexities and opportunities for DevOps."
- AI Interaction across Edge and Cloud: "The future of AI lies in the seamless integration of edge and cloud computing in forthcoming years. AI workloads will dynamically move between the edge and the cloud, leveraging each of their strengths. The cloud will train complex AI models, while the edge will handle real-time inferencing, ensuring fast responses. Next-gen Edge platforms will support end-to-end automation, delivering comprehensive solutions across multi-cloud and edge environments."
- Micro AI: "2024 will see the rise of Micro AI—lightweight, hyper-efficient AI models for edge devices like smartwatches, IoT sensors, drones, and home appliances. These tiny AI brains enable real-time data processing and decision-making without cloud reliance. Key innovations include better algorithms, enhanced energy efficiency, and broader applications. Micro AI helps enterprises in the following ways."
"Today, a lot of data processing is being decentralized from large cloud data centers to smaller localized data centers and edge devices," the report said. "This has enabled the emergence of Edge AI, which processes data at or near the source of data generation. Many organizations are deploying edge functionalities, resulting in energy-efficient, low-latency applications with real-time performance. Edge AI offers significant data protection and security benefits, making it an attractive proposition for organizations across sectors to use edge computing features for various use cases."
Further research was published by Cornell University in July, titled "Edge AI: A Taxonomy, Systematic Review and Future Directions," which said, " Despite being a relatively new field of research, spanning from 2014 to the present, it has shown significant and rapid development over the last five years."
Another paper, "Revisiting Edge AI: Opportunities and Challenges," was published this summer by IEEE, whose abstract reads: "Edge artificial intelligence (AI) is an innovative computing paradigm that aims to shift the training and inference of machine learning models to the edge of the network. This paradigm offers the opportunity to significantly impact our everyday lives with new services such as autonomous driving and ubiquitous personalized health care. Nevertheless, bringing intelligence to the edge involves several major challenges, which include the need to constrain model architecture designs, the secure distribution and execution of the trained models, and the substantial network load required to distribute the models and data collected for training."
With all of the above happening in such a short time, it's clear Edge AI is gaining steam, so stay tuned to see what happens next in the space.
New Partnerships Push AI to the Edge -- Virtualization Review
This movement, similar to 'edge computing' in which data is processed closer to its source, sees AI models being deployed and executed on edge devices, allowing for real-time analysis and decision-making without relying on a central server.
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Or maybe just a misunderstanding… maybe he don’t know that brainchips akida is a license product.
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