BRN Discussion Ongoing
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HopalongPetrovski
I'm Spartacus!
Because we can.
Tothemoon24
Top 20
Driven by rapid technological advancements, the retail landscape is undergoing a dramatic shift. Among the several innovations driving this transformation is smart, cashierless shopping, which is capable of revolutionizing the consumer experience. With digital technology becoming increasingly embedded within physical retail environments, customers are able to enjoy a smooth, hassle-free shopping experience like never before, with the ability enter a store, choose items, and leave without having to wait for checkout. This is enabled through technologies like artificial intelligence (AI), machine vision, and automation, which can fundamentally transform store operations in addition to increasing convenience.
Tracing back to self-checkout machines and contactless payment methods which were among the beginnings towards reducing the dependence on traditional cashier-based interactions, the COVID-19 furthered cashierless shopping as consumers and retailers preferred touchless shopping experiences that minimized physical contact. The surge in this trend has led to cashierless shopping not only for convenience but also to ensure safety in an increasingly connected world.
Key technologies powering cashierless retail
Cashierless retail is driven by several cutting-edge technologies, each playing a crucial role in delivering a seamless shopping experience. One such technology is Edge AI, which processes data close to its source, such as in-store sensors or cameras, enabling real-time decision-making. In retail environments, Edge AI tracks Point of Sale (POS) and online shopping transactions, monitors inventory levels, and detects discrepancies, reducing stockouts and increasing revenue. Beyond operational efficiency, Edge AI also enhances security by detecting and preventing theft, further boosting profitability. In practice, this technology is integrated into smart carts and cameras to optimize customer interactions by minimizing latency, ensuring smooth and responsive operations throughout the shopping process.
Another transformative tool is Advanced Computer Vision, which aids machines in processing visual data such as images and videos, similar to the human visual pathway and nervous system. Through algorithms and models that gather insights from visual data to analyze customer patterns and preferences, it enables personalization to individual preferences and needs such as tailored recommendations basis past browsing and purchase history. This increases the conversion rates and enables customer loyalty.
Adoption of Predictive Maintenance systems bring several benefits to cashierless systems. Among these, is the monitoring of store equipment, smart carts, and other key equipment, which helps reduce unplanned downtime and optimize maintenance schedules. This enables a smooth, uninterrupted shopping experience for consumers. For the retailer, it reduces maintenance costs on emergency repairs and equipment failure, significantly increases its lifespan.
Finally, Voice User Interfaces (VUIs) and Natural Language Processing (NLP) can further the adoption of cashierless shopping. VUIs enable customers to use voice commands to search for products, add them to their cart and check out with the help of virtual voice assistants on their smartphone, or smart home products. With NLP-powered chatbots, customer queries can be resolved with prompt, human-like responses to straightforward inquiries, enabling the quick resolution of any issues. They can also provide information on product stock, they can simplify the shopping experience for the customer, saving time and energy, and enhance customer engagement.
The benefits of smart, cashierless shopping
The impact of smart, cashierless shopping goes beyond just technology—it profoundly impratcs the overall shopping experience by eliminating long queues and reducing the time spent at checkout, streamlining the process and allowing customers to enter and exit stores efficiency are greatly valued, this is particularly appealing.
By providing improved data quality for retailers, AI-powered cashierless systems leave retailers with reliable data on customer behavior, preferences, and purchasing patterns that can be used to refine their strategies, optimize inventory management, and offer personalized recommendations to shoppers. This gives them a competitive edge, as they can tailor their offerings to better meet the needs of their customers.
With regards to operations, cashierless shopping further efficiency and productivity through the automation of the checkout process. This helps retailers allow their staff to focus on other tasks, such as providing customer service or managing inventory. This not only improves store operations but also enhances employee satisfaction, as workers are no longer burdened with repetitive tasks.
Finally, the adoption of cashierless technology offers significant cost savings by automating manual processes like checkout. This helps retailers reduce labor costs and minimize the risk of human error which leads to higher profit margins and more efficient store operations in the long-term, making it a viable option for businesses looking to stay ahead of the competition.
The future of cashierless retail
Looking ahead, the integration of AI, the Internet of Things (IoT), and edge computing will continue to transform retail on a larger scale. As cashierless systems become more advanced and accessible, we can expect to see them adopted by a broader range of retailers, from small convenience stores to large supermarket chains. Retailers that embrace these technologies early will be well-positioned to thrive in an increasingly competitive market. By investing in smart, cashierless systems, retailers can enhance customer loyalty, improve operational efficiency, and ultimately, redefine the shopping experience for the future.
Colorado23
Regular
Was at Woolworths today and noticed for the first time, visual technology now on self serve checkouts. The checkouts camera detects and recognises the item and hoped that this may be due to some sort of machine learning. Am I thinking too deeply here (not well known for it). Hope your all well. Waiting with baited breath.
Nice, is that the South Korean connection ? 3 models, that sounds very much like AKIDA -E, AKIDA-S, and AKIDA-P
"On-Device without the internet" (sounds like a quote from my mate himself...Peter}
Gauss is multimodal............which we have been since 2020 (from memory)
Able to perform all 5 modals of human sensory.....that being, Vision, Hearing, Feeling, Tasting and Smelling.
Here's a fair question for all shareholders to ponder over, why is our Top-20 now full of Institutions, apart from ex staff and a few
public true believers ?
Because the element of expectation is nearing.
Final question, why hasn't Sean delivered his Investor Update after the release of the 3rd quarter with Tony pumping him with
questions.....I haven't actually asked Tony yet, but consistency is paramount.....Sean, what's the hold up ?
Cheers and goodnight from the Far North of Kiwiland.......Tech
"On-Device without the internet" (sounds like a quote from my mate himself...Peter}
Gauss is multimodal............which we have been since 2020 (from memory)
Able to perform all 5 modals of human sensory.....that being, Vision, Hearing, Feeling, Tasting and Smelling.
Here's a fair question for all shareholders to ponder over, why is our Top-20 now full of Institutions, apart from ex staff and a few
public true believers ?
Because the element of expectation is nearing.
Final question, why hasn't Sean delivered his Investor Update after the release of the 3rd quarter with Tony pumping him with
questions.....I haven't actually asked Tony yet, but consistency is paramount.....Sean, what's the hold up ?
Cheers and goodnight from the Far North of Kiwiland.......Tech
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7für7
Top 20
A while ago, I also mentioned a system here during a business trip to Japan. When I visited a bakery, the checkout system recognized each pastry and assigned the price accordingly. The name of the system was funny too… something with “Brain.” I’ll need to check my history to find it.
Got it
Post in thread 'BRN Discussion Ongoing'
https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-417354
7für7
Top 20
That’s not correct. He might (still) not have managed to turn some here and in the crapper into millionaires. But when it comes to technological achievements, networking, and solidifying the company within the industry to shape it for a forward-looking and innovative future, he has done a great job. It’s all just a matter of perspective. But in one thing we can agree.. congratulations Sean!
Simply Wall Strxxt shows insiders hold circa 16.8% of SOI. Yahoo Finance shows circa 15.5% for insiders.Nice, is that the South Korean connection ? 3 models, that sounds very much like AKIDA -E, AKIDA-S, and AKIDA-P
"On-Device without the internet" (sounds like a quote from my mate himself...Peter}
Gauss is multimodal............which we have been since 2020 (from memory)
Able to perform all 5 modals of human sensory.....that being, Vision, Hearing, Feeling, Tasting and Smelling.
Here's a fair question for all shareholders to ponder over, why is our Top-20 now full of Institutions, apart from ex staff and a few
public true believers ?
Because the element of expectation is nearing.
Final question, why hasn't Sean delivered his Investor Update after the release of the 3rd quarter with Tony pumping him with
questions.....I haven't actually asked Tony yet, but consistency is paramount.....Sean, what's the hold up ?
Cheers and goodnight from the Far North of Kiwiland.......Tech
Shows lot of confidence from those 'in the know'.
We had the interview of Sean early November. I doubt we will get the Quarterly Sean/Tony update unless there are positive commercial devopments in the next couple of weeks.
Pom down under
Top 20
Well I just seen Santa and I’m on my way back to Australia and he said we will be getting sod all for Xmas 
Fullmoonfever
Top 20
Lump of coal still counts as something doesn't itWell I just seen Santa and I’m on my way back to Australia and he said we will be getting sod all for Xmas
Pom down under
Top 20
Showing your age nowLump of coal still counts as something doesn't it
Fullmoonfever
Top 20
Kinda....more showing my parents age haha
GazDix
Regular
This tech was used in Decathlons in China since at least 2021.
Could be us, but yeah, nah.
cosors
👀
I agree with that. But the 9001 is just a bonus and nice to have, so that it goes faster with other ISOs (as option in e.g. Chp. 8), as this proof has already been provided.
Which ISOs are relevant at all? from the 27000 series?
There have been multiple "likes" by brn staff on Untether Ai posts in the past, dyor
“We're talking about much more autonomous and adaptive decision making for services like on-orbit servicing,” Ge said. “[Edge computing in satellites] could enable autonomous navigation…for orbital transfer vehicles, orbital fueling, and in-space assembly.” Beachler agreed, “With AI-enabled satellites, you could have real-time collision avoidance and object recognition on the satellite, itself.”
“We're talking about much more autonomous and adaptive decision making for services like on-orbit servicing,” Ge said. “[Edge computing in satellites] could enable autonomous navigation…for orbital transfer vehicles, orbital fueling, and in-space assembly.” Beachler agreed, “With AI-enabled satellites, you could have real-time collision avoidance and object recognition on the satellite, itself.”
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www.kratosdefense.com
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finance.yahoo.com
BrainChip Receives First Shipment of AKD1500 Chips in Silicon from Technology Partner GlobalFoundries
BrainChip's latest milestone: AKD1500 chip arrival from GlobalFoundries. Explore the future of semiconductors here.
brainchip.com
From Financial Ended 30 Sept 2024, (Released on 8 Nov 2024) MegaChips
MegaChips is getting there. Still need more time.
In the mainstay ASIC (Application Specific Integrated Circuit) business, the demand for semiconductors is continuously expanding in the industrial equipment and telecommunication infrastructure sectors owing to advancements in AI and IoT technologies, even though the ASIC sector is facing temporary inventory adjustments due to the influence of global demand decline. Under circumstances like these, the Company
focuses on customer-oriented sales and support activities in the amusement field and aims to expand profits by enhancing its business foundation through advancing product development for the image processing device
market, as well as growth markets including industrial equipment and telecommunication infrastructure. The Company leverages its strength in upstream design and analog technologies, particularly in telecommunication
interface, security, and image processing
News Releases | MegaChips Corporation
Please check MegaChips latest information and new releases.
www.megachips.co.jp
MegaChips is getting there. Still need more time.
In the mainstay ASIC (Application Specific Integrated Circuit) business, the demand for semiconductors is continuously expanding in the industrial equipment and telecommunication infrastructure sectors owing to advancements in AI and IoT technologies, even though the ASIC sector is facing temporary inventory adjustments due to the influence of global demand decline. Under circumstances like these, the Company
focuses on customer-oriented sales and support activities in the amusement field and aims to expand profits by enhancing its business foundation through advancing product development for the image processing device
market, as well as growth markets including industrial equipment and telecommunication infrastructure. The Company leverages its strength in upstream design and analog technologies, particularly in telecommunication
interface, security, and image processing
Frangipani
Regular
Today, numerous articles on some of the promising future technologies Mercedes-Benz is exploring were published online, after the carmaker had recently invited journalists to its Future Technologies Lab in Sindelfingen.
And of course - you guessed it - neuromorphic computing was one of them.
(I also find solar coating another interesting concept).
There was also a press release by MB itself:
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Neuromorphic Computer soll Energiebedarf einschränken
Zukünftige Fahrzeuge werden mehr Funktionen wie autonomes Fahren bieten, was den Energiebedarf steigert. Mercedes-Benz setzt auf Neuromorphic Computing, um KI effizienter zu machen und den Energieverbrauch um bis zu 90 % zu senken.mbpassion.de
Playmobil-Männchen im Einsatz…
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German magazine auto, motor und sport published both an online article and a video on MB & neuromorphic computing earlier today (both in German) that literally confirm what I’ve been suspecting: that Mercedes-Benz is nowhere near to implementing neuromorphic technology at scale into their serial cars…
Sparsame KI-Chips fürs automatisierte Fahren: Neue KI-Chips von Mercedes für mehr Reichweite
Mercedes forscht an neuromorphen KI-Chips, die den Energiehunger künstlicher Intelligenz in der Elektronik fürs autonome Fahren eindämmen sollen. Aktuell würde ein Level-4-System nämlich die Reichweite eines E-Autos um bis zu 30 Prozent verringern. Wie die Technik funktioniert und was...www.auto-motor-und-sport.de
“Der Weg in die Serie ist noch weit.” - “It’s still a long way to serial cars”.
“Bis neuromorphe Chips ihren Weg ins Auto finden, wird es wohl noch einige Jahre dauern.” - “It’ll probably take a few years / It looks as if it will still take a few years until neuromorphic chips will find their way into (serial) cars.”
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Mercedes forscht an neuer KI-Technik: Mit mehr Effizienz zum automatisierten Fahren
Um den Energiehunger von KI-Systemen zu stillen forscht Mercedes an neuromorpher Hardware, mit der autonomes Fahren effizienter werden soll.www.auto-motor-und-sport.de
“Diese Technologie steht jedoch noch am Anfang und erfordert umfangreiche Tests und Zertifizierungen, bevor sie in Autos eingesetzt werden kann.”
“However, this technology is still in its infancy and requires extensive testing and certification before it can be used in cars.”
Something similar is said in the video itself around the 5 min mark.
Other articles are behind a paywall, but maybe one of you happens to be a subscriber and could check out whether there are any additional snippets of interest worth sharing?
Das Auto der Zukunft: Besuch im Forschungslabor von Mercedes-Benz
Flotte Akkus, stromerzeugende Lacke und wartungsfreie Bremsen: Das Auto der Zukunft ist weit mehr als ein Smartphone auf Rädern. Ein Besuch im Forschungslabor von Mercedes-Benz.www.faz.net
Seltene Einblicke: Bremsen ohne Feinstaub – und 5 weitere Zukunftspläne von Mercedes
Der Autohersteller Mercedes-Benz definiert sich als Innovationsmotor – und gewährt einen seltenen Blick in die Forschungswerkstatt. Was dort entwickelt wird, lesen Sie hier.www.stuttgarter-zeitung.de
My guess is that the next Mercedes-Benz LinkedIn post regarding NC will give us some more details about the research collaboration with HKA (Hochschule Karlsruhe) on neuromorphic cameras. Or it might be a post announcing the collaboration between Mercedes and Neurobus that I had spotted on Nov 12 (https://thestockexchange.com.au/threads/brn-discussion-ongoing.1/post-441454).
Here are two more articles by journalists who attended MB’s recent Future Technologies Lab Open House. Both describe NC as a potential solution to drastically cut the energy consumption of SAE Level 4 autonomous functions and quote Mercedes-Benz engineers as saying they were expecting such neuromorphic hardware to become available in the 2030s…
Yup, you read that right.
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www.topgear.com
Fortschritt durch Technik: Mercedes-Innovationen - WELT
Mercedes öffnet die Türen zu seinen Forschungs-Labors einen Spalt weit – und zeigt Projekte, die in den nächsten Jahren unsere Mobilität beeinflussen werden. Und zwar weit ins Elektroauto-Zeitalter hinein.
The exact same article can be found on the Handelsblatt website as well:
Handelsblatt
Also note that Markus Schäfer calls the MB Future Technologies Lab their early-tech kitchen - in my opinion that’s yet another hint that we won’t be seeing the visionary ideas cooked up there implemented in any serial cars about to be released…
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