BRN Discussion Ongoing

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FiveBucks

Regular
Looks like we are engaging with a Defence supplier.

It is probably less exciting than you think. And doesn't necessarily allude to a new deal.

Last quarterly report announced that we had partnered with Airbus Defence and Space. I dare say that is what the requirement for Defence clearance is.
 
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FiveBucks

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Baisyet

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As Penn State University Participant I guess they must be using Akida for this Role

 
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manny100

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It is probably less exciting than you think. And doesn't necessarily allude to a new deal.

Last quarterly report announced that we had partnered with Airbus Defence and Space. I dare say that is what the requirement for Defence clearance is.
Although Airbus is pretty active in US Defense having been awarded a $US1.5BILL contract in 2023 plus a number of smaller contracts.
 
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FiveBucks

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Cartagena

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I think it was Pom who said he was planning a little nibble when he cashed in some of his crypto millions. 🤣🤣
If I'd invested my $250K into Crypto instead of brainchip I would have been a millionaire by now.... opportunity cost hurts...
 
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overpup

Regular
I did but I wasn't searching for brainchip.
My advice is don't search youporn for brainchip! You get all kinds of weird shenanigans (so they tell me) ... *cough
 
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HopalongPetrovski

I'm Spartacus!
If I'd invested my $250K into Crypto instead of brainchip I would have been a millionaire by now.... opportunity cost hurts...
Many keep saying and perhaps even believing stuff like this, which is of course true, but neglecting the major issue that it is a view illuminated by hindsight.
Of course it is easy to be wise after the fact.
You could state the same about real estate or toilet paper and masks during the pandemic, or numerous other stocks and shares which have benefited by circumstance, fortuitous management or both.
We are all here because we chose, using the best information available to us at the time, and our deductive reasoning, that Brainchip as technology was likely to be ready and available and in demand in due course.
This was ours and other's opinion that we backed in the hope or belief that we had correctly divined the future.
It has not come to pass in the timeframe expected, but that doesn't mean it still won't.
I continue to hold but do not try and second guess decisions I have made in the past.
It is a pointless and profitless waste of time as they cannot be revised or undone.
By all means review them and try to learn from any perceived errors in either their formulation or execution for future use, but I think it mere fantasy, and perhaps even folly, to engage in speculation that you had walked a different path than the one beneath your feet.
We cannot act in either the past or the future, only within the ever present now.
 
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7für7

Top 20
Good morning brains! The world is ours!

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Guzzi62

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KMuzza

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7für7

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Bravo

If ARM was an arm, BRN would be its biceps💪!

Small businesses could see electricity bills surge 70% as AI data center energy demands skyrocket​

By George Fitzmaurice
published 11 hours ago
Rising energy costs could be pushed down the line to consumers and smaller businesses

A corridor in a blue-hued data centre

(Image credit: Shutterstock)

Smaller firms will feel the strain from data center development as surging energy demands ramp-up costs, new research shows.

The research, co-authored by the Jack Kemp Foundation and Capital Policy Analytics, suggested that US consumers and small businesses could see a 70% uptick in their energy rates on the back of data center power consumption.

Already struggling against inflationary pressures, small businesses could be forced to scale back operations, reduce employee headcount, or cease operations entirely, co-author of the study Ike Brannon said.
Brannon added that the average US household could be paying over a thousand dollars more annually for electricity by 2030 if steps are not taken to resolve the energy issues created by data centers.

“As data center expansion accelerates, consumers and small businesses are likely to bear the brunt of the consequences through higher electricity costs and brownouts and blackouts across the country,” Brannon said.

Expectedly, AI is the driving force behind the rate increase suggested in the research. The report stated that the likely acceleration of data center growth over the next decade will be driven by the rapid adoption of the technology.

Other industry research reflects similar trends, with a Gartner report recently predicting that two-fifths (40%) of data centers will face constraints in power availability by 2027 on the back of AI.
In Europe, it’s a similar picture - McKinsey found that data center energy demands are set to triple by 2030 because of AI, with the power needed to fuel European sites set to grow from 62 terawatt-hours (TWh) to more than 150 TWh.

Policy action​

The report detailed a set of policy recommendations that could remediate the issues. Policymakers need to take immediate steps to protect consumers and smaller businesses from the effects of rising energy demand, Brannon said.

AI companies should be required to bear the costs of the additional energy they consume, the report added, to ease the burden on consumers and small businesses. This could mean charging data centers higher fees.

States in the US should also constrain subsidies on data center construction. Data center projects create few jobs and have little “local economic spillover effects,” the report argued.

Utility regulators could also reduce rates for data centers that implement significant energy-saving measures, thereby incentivizing sustainable practices and reducing their tax burden.

Outside the remit of policy action, other experts suggested that data center developers or constructors have measures available to them that could reduce their energy consumption.


“Leveraging solutions like battery energy storage systems (BESS) and exploring alternative energy sources like solar, wind, and nuclear, give data centres a path forward that allows for continued technical innovation while also promoting the clean energy transition," Himanshu Khurana, CTO at Powin, told ITPro.

 
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MrNick

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David Icke doesn't think we're involved here either... :ROFLMAO: But we do get a mention at 39:00... :ROFLMAO:
 
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AARONASX

Holding onto what I've got
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MrNick

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TheDrooben

Pretty Pretty Pretty Pretty Good
Could be some very interesting SP action over the next few weeks as the 50/200 day sma Golden Cross is looming on the charts. This will trigger some buy indicators for TA traders and instos.......

Screenshot_20241128_131009_Chrome.jpg




Happy as Larry
 
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7für7

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I used to own shares in this stock but sold them because things weren’t looking good. And now, out of nowhere, there are rumors that the French government might be planning to buy in. Boom! That’s just unbelievable. In a 5 day period






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