Yoda
Regular
Where's Witzy when you need him?!It's Friday and it's Green
Where is all the green baby and the green cars?
Have a great weekend everyone🏖
Learning
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Falling Knife
Regular
Once again a summary of information, I believe to be important, that has transpired on this discussion thread.
For new investors, 1000 eyes that may have missed it or those that are time poor and haven’t read all posts I have layed it out here for convenience.
Megachips is a BRN IP license holder.
They have paid for the Akida IP and can offer this IP to their customers for use in their products.
Megachips offered a presentation this week to their shareholders.
Here is the full presentation
https://pdf.irpocket.com/C6875/aG1f/lbpj/UtUa.pdf
from which 2 slides related to BRN are pasted below
Megachips have many customers, all can access BRN IP through the Chips, tools and software Megachips offers them.
Slide 2 above depict Megachips belief in relation to their projected growth leading into 2025.
It makes perfect sense that BRN royalties will align with the ‘Direction of growth’ Megachips have outlined for themselves.
This also ties in with the BRN financial reports the CEO has told us to look out for.
During this ‘Business launch’ phase Megachips outlines, there is little cash generation, BRN is beginning commercialisation and BRN get lumpy licensing fees appearing in the 4C.
When ‘Volume production’ occurs, BRN will receive the more steady and exponentially growing royalty stream from the Megachip customer relations.
ARM is a BRN partner
ARMs podcast today gives some more insight into potential future growth.
ARM has been operating for 30 years, there engagement speeds up the process for companies wishing to bring a product to the IoT market whilst ensuring they meet the required standards.
ARM sold 230 billion chips since inception
Imagine for a minute, if you will, knowing that AKIDA is unique and the global Standard for edge AI or will be soon according to the CEO, that AKIDA is added to only one quarter of the ARM chips sold.
Add to that imagination that the royalty paid to BRN is a mere 20c per chip. That my dear chippers will mean BRN could have collected a measly 11.5 billion from ARM customer base alone, over the last 30 years.
If we use ARMs last quarter (7.4billion chips) lets round to 28 billion per year, with the above numbers in use, (i.e 25% of the total chips produced use Akida and a 20c royalty for each), BRN get paid 1.4 billion in royalties per year from ARM customers alone.
What we don’t know is:
Will the royalty be a fixed price, if so how much per item or
Will the royalty be a % price of the item sold.
The 20c per item selected for the above calcs is a VERY small number.
Here is what ARM do
https://www.arm.com/company/on-arm
Who is using ARM ecosystems according to the podcast today?
https://youtu.be/SJ6SnD7ZOwc?t=545
Silicone partners, Cloud service providers (Amazon and Oracle)
Software Tool providers (GitHub and GitLab) to name a few
Why would ARM customers use BRN IP in their chips?
Kevin Ryan: said this about the partnership:
Our partnership solves some very specific use cases we see in the IoT market.
It gives the ecosystem the ability to scale.
He encourages customers to go to the ARM catalogue to learn about partners and solutions for their needs.
Chippers have already seen this but it does highlight the ubiquitous nature of our tech.
Go here to check out partners in the ARM catalogue, count the number of ‘Use Cases’ in which Brainchip is offered as a suitable partner to work on a solution.
An easier way of making this comparison is; from the same location enter Brainchip in the search field and all use cases, products and Industry and tech that BRN is offered as suggested support in will appear. Compare this to the list when the search field is blank and you will see BRN is ubiquitously offered J
I have added Brainchip as a search parameter here for you
Im not doing this justice so you will need to investigate for yourself.
But in summary, just like Megachips the relationship BRN has with ARM is not fully recognised
I have outlined ideas generated from 2 of the BRN partners. All the others will have the same timelines for growth and exponential projections due to this being a disruptive tech.
All partners are faced with the same timeline and projections i.e Akida IP has been available for a short period of time, being so new, the partners customers have only recently had access to tools and programs to test and implement Akida IP in their products.
Sale of those newly tweaked products is just around the corner. Royalties follow soon after.
The CEO said watch the financials for this uptick in cash received to give an indication of growth.
Once the royalties flow they will be more stable and I dare say higher year on year for some time and BRNs original image depicting sales seems very similar to Megachips projections, only difference is that BRN have multiple partners workign on adding to the cash flow graphic.
Thanks for each of the chippers that contributed to peices of this post.
For new investors, 1000 eyes that may have missed it or those that are time poor and haven’t read all posts I have layed it out here for convenience.
Megachips is a BRN IP license holder.
They have paid for the Akida IP and can offer this IP to their customers for use in their products.
Megachips offered a presentation this week to their shareholders.
Here is the full presentation
https://pdf.irpocket.com/C6875/aG1f/lbpj/UtUa.pdf
from which 2 slides related to BRN are pasted below
Megachips have many customers, all can access BRN IP through the Chips, tools and software Megachips offers them.
Slide 2 above depict Megachips belief in relation to their projected growth leading into 2025.
It makes perfect sense that BRN royalties will align with the ‘Direction of growth’ Megachips have outlined for themselves.
This also ties in with the BRN financial reports the CEO has told us to look out for.
During this ‘Business launch’ phase Megachips outlines, there is little cash generation, BRN is beginning commercialisation and BRN get lumpy licensing fees appearing in the 4C.
When ‘Volume production’ occurs, BRN will receive the more steady and exponentially growing royalty stream from the Megachip customer relations.
ARM is a BRN partner
ARMs podcast today gives some more insight into potential future growth.
ARM has been operating for 30 years, there engagement speeds up the process for companies wishing to bring a product to the IoT market whilst ensuring they meet the required standards.
ARM sold 230 billion chips since inception
Imagine for a minute, if you will, knowing that AKIDA is unique and the global Standard for edge AI or will be soon according to the CEO, that AKIDA is added to only one quarter of the ARM chips sold.
Add to that imagination that the royalty paid to BRN is a mere 20c per chip. That my dear chippers will mean BRN could have collected a measly 11.5 billion from ARM customer base alone, over the last 30 years.
If we use ARMs last quarter (7.4billion chips) lets round to 28 billion per year, with the above numbers in use, (i.e 25% of the total chips produced use Akida and a 20c royalty for each), BRN get paid 1.4 billion in royalties per year from ARM customers alone.
What we don’t know is:
Will the royalty be a fixed price, if so how much per item or
Will the royalty be a % price of the item sold.
The 20c per item selected for the above calcs is a VERY small number.
Here is what ARM do
https://www.arm.com/company/on-arm
Who is using ARM ecosystems according to the podcast today?
https://youtu.be/SJ6SnD7ZOwc?t=545
Silicone partners, Cloud service providers (Amazon and Oracle)
Software Tool providers (GitHub and GitLab) to name a few
Why would ARM customers use BRN IP in their chips?
Kevin Ryan: said this about the partnership:
Our partnership solves some very specific use cases we see in the IoT market.
It gives the ecosystem the ability to scale.
He encourages customers to go to the ARM catalogue to learn about partners and solutions for their needs.
Chippers have already seen this but it does highlight the ubiquitous nature of our tech.
Go here to check out partners in the ARM catalogue, count the number of ‘Use Cases’ in which Brainchip is offered as a suitable partner to work on a solution.
An easier way of making this comparison is; from the same location enter Brainchip in the search field and all use cases, products and Industry and tech that BRN is offered as suggested support in will appear. Compare this to the list when the search field is blank and you will see BRN is ubiquitously offered J
I have added Brainchip as a search parameter here for you
Im not doing this justice so you will need to investigate for yourself.
But in summary, just like Megachips the relationship BRN has with ARM is not fully recognised
I have outlined ideas generated from 2 of the BRN partners. All the others will have the same timelines for growth and exponential projections due to this being a disruptive tech.
All partners are faced with the same timeline and projections i.e Akida IP has been available for a short period of time, being so new, the partners customers have only recently had access to tools and programs to test and implement Akida IP in their products.
Sale of those newly tweaked products is just around the corner. Royalties follow soon after.
The CEO said watch the financials for this uptick in cash received to give an indication of growth.
Once the royalties flow they will be more stable and I dare say higher year on year for some time and BRNs original image depicting sales seems very similar to Megachips projections, only difference is that BRN have multiple partners workign on adding to the cash flow graphic.
Thanks for each of the chippers that contributed to peices of this post.
Mccabe84
Regular
Thank you for your reply and really appreciate your opinion on this matter.
wilzy123
Founding Member
Where's Witzy when you need him?!
I have taken a leaf out of the BRN playbook... by tempering expectations of the green baby, and not just pumping it left right and centre... this way, when there is something of substance to ANN, the green baby will re-emerge (along with rockets - can't forget those)... and with that, it is hoped that this forum, the market, and the WANCA's will be more than adequately satisfied (ok.. well maybe not the WANCA's)....
buena suerte :-)
BOB Bank of Brainchip
Outstanding post ... Thanks so much @Falling Knife really appreciate your efforts... we really are getting to a very exciting stage of BRN's development and World dominance ...Can't wait to see the first Royalties come rolling in!! Sooooon!
Great work the 1
A nice way to finish off the week ........ A GREEN FRIDAY
Have a great weekend Chippers
Help! Some alien parasite has invaded Wilzy's avatar and has erupted from his chest "tempering expectations"!
wilzy123
Founding Member
Fact Finder
Top 20
An outstanding post @Falling Knife
If I worked for one of the reputable investment advisory services however I would ask:
“That’s all well and good but why would anyone actually want to use this technology from Brainchip.
The way I see it is if it was any good they would not be on the ASX and would have been taken over now by one of the big guys who spend billions on research every year.”
To which you might reply: “Honestly I don’t know.
You are best advised to ask a company like Mercedes Benz why as they have described Brainchip as Ai Experts and claim AKIDA technology makes “Hey Mercedes” 5 to 10 times more efficient than their competitors products and when deployed at scale it will dramatically reduce power and improve efficiency.
(Strange. There is that reference to scaling again, first it was DELL Technologies testing the limits of AKIDA’s ability to scale, then Mercedes Benz and now ARM - see the Rob Lincourt DELL Technologies Brainchip Podcast.)
Then you could speak to Tim Llewellyn whose company NViso benchmarked AKIDA against Nvidia’s Jetson Nano and publicly released findings showing AKIDA processing at 1,000 fps against Jetson Nano at 100 fps.
Of course you might like to ask a true neuromorphic technology expert and event based sensor inventor Luca Verre who publicly stated in his appearance on the Brainchip podcast that while they were building their event based sensor, which is to be deployed at scale in Sony cameras, they felt they could be building a house of straw as it needed a neuromorphic event based brain to maximise its market opportunity but then they found Brainchips AKIDA.
After you speak to them if you are not convinced then perhaps I could arrange for you to sit down with the CEO of MegaChips USA for a chat or perhaps the CEO of ISL but be warned there if you ask the wrong question and he missteps with his answer the CIA might just have to take you out.
Finally if you get to the end of these listed referees and still have doubts perhaps you might like to make an appointment with the Head of Department at Carnegie Mellon University to discuss the reasons for introducing a course for the study of AKIDA technology.
If he is to busy with intelligent people then you could try Arizona State University which is doing the same thing.
My opinion only DYOR
FF
AKIDA BALLISTA
Hi all,
Intel Loihi 2 runs at 3 watts.
Would that be considered a great/good fit for Edge AI applications
Yes, we are still the clear leader in this "neuromorphic" space, despite what other emerging companies would have you believe.
For any new shareholders or even old hands, this never gets old mentioning, we deal in 1/1000th's of a watt down as low as 1/1000,000th's
of a watt, just get your head around those facts.
Brainchip has refined our business model a few times (believe that to be correct), we have and still are casting a very wide net, which when
the time comes to pull our net in a little, we will potentially catch many different markets, some that we nor the company even considered
possible.
Putting aside the royalties and engineering service fees for a minute, we stand to gain 90%> in straight-out profit from the IP sales, I'm sure
I have that correct, is the company slightly peeved with the IP uptake at this present moment, they are, but being the highly intelligent, forward
thinking professionals, they are looking at the big picture, and they know with whom we are dealing.
The tech markets worldwide have all tightened up, forward budgeting has been reviewed within and we are just part of a small (Wednesday)
wave that's heading down, but as life is full of repeating patterns, another rising wave isn't far behind, so just hang on, enjoy the ride, the
circle of repetition will just continue to flow over and over as the years pass.
The company is well aware of shareholders attitudes to seeing a directors 3Y appear on the ASX, and this will continue to occur throughout
the life of a Brainchip employee ... US Tax must be paid as soon as shares are vested, I think it's 37% it's a completely different set-up here in
Australia, this was a message that was imparted on me the other day, so word of advice, stop worrying. no one's going anywhere.
Both Peter and Adam were very complimentary towards all Brainchip staff, Sean is working very hard from all accounts and the company
has a very solid stable staff, the best ever assembled in my opinion, all treated with respect and integrity, and they are ALL very passionate
to see us succeed and "really" become a major global player.
And finally, for the ones who felt it necessary to criticize our company's office furniture etc. last time I visited the company's offices, well I can
tell you that the staff working spaces are decked out very nicely, as a certain someone proudly showed me.
Have a pleasant weekend.
Tech x
Intel Loihi 2 runs at 3 watts.
Would that be considered a great/good fit for Edge AI applications
Yes, we are still the clear leader in this "neuromorphic" space, despite what other emerging companies would have you believe.
For any new shareholders or even old hands, this never gets old mentioning, we deal in 1/1000th's of a watt down as low as 1/1000,000th's
of a watt, just get your head around those facts.
Brainchip has refined our business model a few times (believe that to be correct), we have and still are casting a very wide net, which when
the time comes to pull our net in a little, we will potentially catch many different markets, some that we nor the company even considered
possible.
Putting aside the royalties and engineering service fees for a minute, we stand to gain 90%> in straight-out profit from the IP sales, I'm sure
I have that correct, is the company slightly peeved with the IP uptake at this present moment, they are, but being the highly intelligent, forward
thinking professionals, they are looking at the big picture, and they know with whom we are dealing.
The tech markets worldwide have all tightened up, forward budgeting has been reviewed within and we are just part of a small (Wednesday)
wave that's heading down, but as life is full of repeating patterns, another rising wave isn't far behind, so just hang on, enjoy the ride, the
circle of repetition will just continue to flow over and over as the years pass.
The company is well aware of shareholders attitudes to seeing a directors 3Y appear on the ASX, and this will continue to occur throughout
the life of a Brainchip employee ... US Tax must be paid as soon as shares are vested, I think it's 37% it's a completely different set-up here in
Australia, this was a message that was imparted on me the other day, so word of advice, stop worrying. no one's going anywhere.
Both Peter and Adam were very complimentary towards all Brainchip staff, Sean is working very hard from all accounts and the company
has a very solid stable staff, the best ever assembled in my opinion, all treated with respect and integrity, and they are ALL very passionate
to see us succeed and "really" become a major global player.
And finally, for the ones who felt it necessary to criticize our company's office furniture etc. last time I visited the company's offices, well I can
tell you that the staff working spaces are decked out very nicely, as a certain someone proudly showed me.
Have a pleasant weekend.
Tech x
Great post, thanks FK
wilzy123
Founding Member
Lex555
Regular
How is Jimmy boy Cramer still relevant, he’s basically bleeding out on the trading floor with people stepping over him and the media are still asking for sound bites 🫣
alwaysgreen
Top 20
Great post mate.
25% of all ARM chips is a big call though! I like it but Kevin today mentioned that Akida "solved some very specific use cases". Not sure how to take that comment. Is the use for our IP a small and specific market or could we potentially be utilised in, as you say, 25% of their chips. I hope it's the latter.
S
Straw
Guest
Just a mention of MF's published opinions from a couple of days ago. I think Mr Mickleboro seems to be quite upset. I don't think anyone is forcing him or anyone else to buy shares, so chill.
And after holding shares and taking on significant risk for 7 years and not just "following" the story, I have along with that risk had to put up with paid attention grubbing at any cost like his for years so have zero tolerance for his very targeted gripes. It is people like him that encourage everyone to think short term and make things even more difficult for emerging companies and certainly retail invested in them (not to mention potentially making CRs more dilutive by talking everything down and then whinging about it in the same breath). I wonder if they do that to companies they currently have a stake in.
I haven't once told him he should buy some BRN shares on my widely distributed opinion network.
Not impressed.
It is truly beyond me why he is surprised that people are taking it personally. Is there any particular reason he made no mention of Mercedes, ARM, Megachips, Nvisio, Edge Impulse and Prophesee and instead decided to dredge up any failure of the company over that 7 years and any other engagenent that has uncertainty surrounding it. Yet the company has adapted and are still here and reached the commercialisation phase of the first (and maybe second) iteration of the primary product that they have always been aiming for despite the ongoing wider world events and still looking forward.
And as a final comment, of course on a totally unrelated subject, shorting needs to be totally banned, period. It is criminally predatory, highly damaging to legitimate companies (and their shareholders) and completely unnecessary. Just thought it needed saying again. I will also continue to say it in the future.
And after holding shares and taking on significant risk for 7 years and not just "following" the story, I have along with that risk had to put up with paid attention grubbing at any cost like his for years so have zero tolerance for his very targeted gripes. It is people like him that encourage everyone to think short term and make things even more difficult for emerging companies and certainly retail invested in them (not to mention potentially making CRs more dilutive by talking everything down and then whinging about it in the same breath). I wonder if they do that to companies they currently have a stake in.
I haven't once told him he should buy some BRN shares on my widely distributed opinion network.
Not impressed.
It is truly beyond me why he is surprised that people are taking it personally. Is there any particular reason he made no mention of Mercedes, ARM, Megachips, Nvisio, Edge Impulse and Prophesee and instead decided to dredge up any failure of the company over that 7 years and any other engagenent that has uncertainty surrounding it. Yet the company has adapted and are still here and reached the commercialisation phase of the first (and maybe second) iteration of the primary product that they have always been aiming for despite the ongoing wider world events and still looking forward.
And as a final comment, of course on a totally unrelated subject, shorting needs to be totally banned, period. It is criminally predatory, highly damaging to legitimate companies (and their shareholders) and completely unnecessary. Just thought it needed saying again. I will also continue to say it in the future.
Deadpool
Did someone say KFC
Onya Straw
alwaysgreen
Top 20
Look back one page. Posted and answered.
Fact Finder
Top 20
Hi @alwaysgreen
If you read my earlier post I mentioned “scalability” getting a mention by DELL, ARM, Mercedes Benz but also Peter van der Made and Anil Mankar since day one.
“A simple definition of scalability:
What is scalability in computing
Scalability is the measure of a system's ability to increase or decrease in performance and cost in response to changes in application and system processing demands.”
AKIDA technology is scalable from the extreme far, far, far EDGE right through back up to the data centre.
I posted an article a few days ago in which ARM had acknowledged a while back that it’s Ai offerings did not meet market expectations and changing this was a priority.
If you put this all together then in my opinion 25% might end up being conservative.
But what would I know I cannot work my son in laws TV remote.
My opinion only DYOR
FF
AKIDA BALLISTA
M_C
Founding Member
Just gunna leave this here.......
www.japantimes.co.jp
Toyota, Sony and other major firms join forces to manufacture chips in Japan
The move coincides with a worldwide chip shortage that has affected industries ranging from automaking to appliance production.
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