rgupta
Regular
I may be wrong when I start buying at $1 but I will not be wrong if I buy the same stock @15 cents.
If I am wrong at both the times that means I am not worth investing !!
BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
If I am wrong at both the times that means I am not worth investing !!
buena suerte :-)
BOB Bank of Brainchip
"So if you believe in company" (rgupta)
I really do believe in BRN!! ......as I said in a previous post my blood type is BRN positive
Cheers
Hello All
I was hoping someone could shine a light on a query I have.
First of all, I’m not bothered about the SP falling, I know that there’s a lot of manipulation going on atm. I have been accumulating in small parcels as the price has dropped. To me it’s a golden opportunity.
However, on crapper, a lot of down ramping is going on and in reference to Brn having funding only for a few more quarters and then will require a CR. I know that revenue might come into play but it probably won’t be enough to cover overheads.
With the SP currently at 15 cents and quarterly results due soon, it is quite possible that revenue would not have increased by much unless contracts are signed. The fact that no announcements have been made probably indicates no new contracts.
A quarterly report indicating no increase revenue will impact on the SP further and possibly driving the SP down to single digits.
So my question is:
How financially stable are Brn atm?
If Brn do require a CR it would mean more diluting of shares?
I know that in the long run Brn will achieve its revenue goals but shorters will take full advantage and this could put Brn in a very vulnerable state.
Keen to hear your thoughts. These are genuine questions which I’m hoping someone can give me genuine answers.
I was hoping someone could shine a light on a query I have.
First of all, I’m not bothered about the SP falling, I know that there’s a lot of manipulation going on atm. I have been accumulating in small parcels as the price has dropped. To me it’s a golden opportunity.
However, on crapper, a lot of down ramping is going on and in reference to Brn having funding only for a few more quarters and then will require a CR. I know that revenue might come into play but it probably won’t be enough to cover overheads.
With the SP currently at 15 cents and quarterly results due soon, it is quite possible that revenue would not have increased by much unless contracts are signed. The fact that no announcements have been made probably indicates no new contracts.
A quarterly report indicating no increase revenue will impact on the SP further and possibly driving the SP down to single digits.
So my question is:
How financially stable are Brn atm?
If Brn do require a CR it would mean more diluting of shares?
I know that in the long run Brn will achieve its revenue goals but shorters will take full advantage and this could put Brn in a very vulnerable state.
Keen to hear your thoughts. These are genuine questions which I’m hoping someone can give me genuine answers.
Rskiff
Regular
Some here have blood transfusions and change to Oh negative"So if you believe in company" (rgupta)
I really do believe in BRN!! ......as I said in a previous post my blood type is BRN positive
Cheers
rgupta
Regular
I may not be the right person to answer your question, but looks like brainchip have funding for 4-6 quarters. Then by Dec 23 renasas will launch their chip with akida inside. There is high possibility megachips will also start giving some royalties with in 4-6 quarters. 1 year can be a good time for BRN to sign new contracts with akida 2.
So on the whole if the revenue is not getting through in next 4 quarters that will mean we overestimate our investments. But if renue of 2 million to 5 million start flowing through per quarter the sp will improve and even if we need a capital raise dilution will be minimum. On the other hand if revenue of 5-10 million start coming per quarter by then that will mean we may not need a capital raise at all.
End of the day no investment comes without a risk but investing at lower prices reduces those risks.
Dyor
Thanks mate.
There’s a lot of scaremongering going on over there, I know that is all part of the tactic but it got me thinking.
I hope what you stated is correct, it puts my mind at ease.
Townyj
Ermahgerd
5 Quarters...
Your saying 5 months but it states 5 quarters
Looks like we were typing at the same time
Boab
I wish I could paint like Vincent
OOPs my bad now edited
Townyj
Ermahgerd
HopalongPetrovski
I'm Spartacus!
Whilst I see a Nasdaq listing/ dual listing as inevitable given the success we all ultimately expect, I too hope it’s not undertaken prematurely.
Being thrust into the ASX200 on the back of the over enthusiastic MB announcement without adequate and ongoing revenue or follow up news of similar market perceived import has left us open to unprecedented short attack and share price manipulation.
It’s a ride I could have done without, and though it has taught me some refinement in my trading/investing strategies its an experience I’m not keen to repeat.
I’d like to see us progress as fast as possible whilst continuing building a team that can sustain the momentum without getting burned out in the process.
So let’s build our way back into the 200 and learn the fundamental lessons of survival there before we launch ourselves into where the big boys play.
My post was written in great haste.Yes we need to up-list in the US asap, agreed.
The institutions are not allowed to trade OTC stocks in the US so very little is going on there.
From Investopedia:
While many financial institutions are prohibited from trading penny stocks, loosely regulated hedge funds have no such restrictions. That said, most hedge funds won't trade penny stocks on the long side: They far prefer short-selling penny stocks that look to have peaked after being heavily promoted. Penny stocks, although they often do indeed trade for mere pennies, can still be exceedingly dangerous to short because of the risk of a short squeeze. So while the risk-reward payoff for shorting a penny stock is too skewed (i.e., offering a limited reward if the short strategy works and unlimited risk if it doesn't) to be worthwhile for an average investor, the strategy may entice a deep-pocketed hedge fund.
Who Actually Trades or Invests in Penny Stocks?
Although penny stocks are highly speculative, millions of people trade them daily.www.investopedia.com
Obviously no way to up-list as a 10 cent stock on the US OTC, we need some IP deals and preferable from one or two of the really big players, Alkida2.0 could be the ticket.
A reverse-split can be necessary with the very high amount of outstanding shares but it would best to avoid it if possible as explained in the link below.
My average on my shares are 0.7 Aus$ so I am deep deep in the red but pointless selling now and I believe in what we got here.
I also believe in the management, Sean's 5 year plan and partners are steadily building up which indicates great interest in the Alkida products capabilities.
Apart from the 2 inventors of the chip, I am mostly impressed by Duy-Loan Le, the lady is super smart and have done her own chip designs before, she knows exactly how Alkida works. Do you think she would join BrainChip if she wasn't impressed? No off-course not, she can pick and choose whom she want to join.
Doubt anything will happen this year, next year we should see some increasing sales but I think 2-3 years out is where things will really take off.
I am retired so can't really buy more shares but I am trying to find funds so I can add just a bit more while they are dirt cheap.
All IMHO
Reverse Stock Split: What It Is, How It Works, and Examples
A reverse stock split consolidates the number of existing shares of corporate stock into fewer—and proportionally more valuable—shares.
Thanks for some really good posts from some very smart people.
No thanks to the posters that just complain all the time, if you are not happy, I suggest you sell and move on.
Kachoo
Regular
And keep in mind if some revenue starts trickling in a few million a quarter in q4 onto next q1 it will probably be lumpy and grow.Looks like we were typing at the same time
The lack of revenue in q1 q2 was a result of customers shelving putting off Akida 1000 work for 2.0.
It's highly probable that the early access 2.0 people were also engaged previously so they would have needed limited help. So things now have picked up and I would bet that we will see an increase in Engineering revenue going forth plus some possible royalty in q4 that is a big if in my m i nd it could go in q1
So if we have about a 5million burn rate and we average 2 million a quarter then its like 3 million q off the books makes out balance good for 6 or 7 quarters plus we should grow more revenue over that 2ish year time line. So its not as dire as they make it out to be. The HC has an adgenda t o strip as many cheap shares as possible its really crazy atm we will see what happen this is my opinion bimut clearly its not as dire as its made out to be. Oh and we have VVDN boxes comm ijng up for sale in q1 so that should add t o the kitty as things move forth also.
We could start seeing revenue from Scala 3 if they are using Akida the research shows an extreamly optimistic view here the order was do over 1 billion euros worth of units. Even if we got 1 percent of that revenue it be 15 million right there. S ok it's quite possible that we will not see any more CR other then the 3 million they are still obliged to raise buy the end of the year. All this is my opinion.
Great photo, thanks for putting it up.
Peter is looking very well, he's due to be heading home to Perth next month I believe, after 6 months overseas helping the teams
in the US and France, correct me if I'm wrong here, but doesn't that now represent three companies we are connected to whom
are all heavily involved in next generation space programs ?
NASA, ANT61 and now EDGX
Funny how some posters made rather derogatory comments about Peters first 100% proven, first-run silicon NSoC AKD 1000, seems
to me EDGX and I'm sure many other companies have found that our first chip, which originally wasn't built as a reference chip, until
Sean came onboard and convinced the Board of an almost complete U-turn, contains technology that's beyond this world, rather like
Event-Based Horizons....
I wonder if the company should just suspend trading in/of our stock for say 12 months.....
Tech
Last edited:
thelittleshort
Top Bloke
Proud to lead team NeurOHM from Technische Hochschule Nürnberg Georg Simon Ohm towards winning the second place in the Pedestrian Detection Competition of tinyML Foundation. | Cristian Axenie
Proud to lead team NeurOHM from Technische Hochschule Nürnberg Georg Simon Ohm towards winning the second place in the Pedestrian Detection Competition of tinyML Foundation. Our solution, Spiking Perception and processing for Intelligent Detection of pEdestrians on urban Roads (SPIDER)...
Bravo
If ARM was an arm, BRN would be its biceps💪!
This could be something worth keeping our 1000 eyes 
peeled on, especially since we "recently-ish" (1 June 2023) had Shyamal Anadkat from OpenAI touting the benefits of BrainChip's AKIDA.
OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips.
Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance its chip ambitions, including acquiring an AI chip manufacturer or mounting an effort to design chips internally.
OpenAI CEO Sam Altman has made the acquisition of more AI chips a top priority for the company, Reuters reports.
Currently, OpenAI, like most of its competitors, relies on GPU-based hardware to develop models such as ChatGPT, GPT-4 and DALL-E 3. GPUs’ ability to perform many computations in parallel make them well-suited to training today’s most capable AI.
But the generative AI boom -- a windfall for GPU makers like Nvidia -- has massively strained the GPU supply chain. Microsoft is facing a shortage of the server hardware needed to run AI so severe that it might lead to service disruptions, the company warned in a summer earnings report. And Nvidia's best-performing AI chips are reportedly sold out until 2024.
GPUs are also essential for running and serving OpenAI's models; the company relies on clusters of GPUs in the cloud to perform customers' workloads. But they come at a sky-high cost.
An analysis from Bernstein analyst Stacy Rasgon found that if ChatGPT queries grew to a tenth the scale of Google Search, it'd require roughly $48.1 billion worth of GPUs initially and about $16 billion worth of chips a year to keep operational.
OpenAI wouldn't be the first to pursue creating its own AI chips.
Google has a processor, the TPU (short for "tensor processing unit"), to train large generative AI systems like PaLM-2 and Imagen. Amazon offers proprietary chips to AWS customers both for training (Trainium) and inferencing (Inferentia). And Microsoft, reportedly, is working with AMD to develop an in-house AI chip called Athena, which OpenAI is said to be testing.
Certainly, OpenAI is in a strong position to invest heavily in R&D. The company, which has raised more than $11 billion in venture capital, is nearing $1 billion in annual revenue. And it's considering a share sale that could see its secondary-market valuation soar to $90 billion, according to a recent Wall Street Journal report.
But hardware is an unforgiving business -- particularly AI chips.
Last year, AI chipmaker Graphcore, which allegedly had its valuation slashed by $1 billion after a deal with Microsoft fell through, said that it was planning to job cuts due to the "extremely challenging" macroeconomic environment. (The situation grew more dire over the past few months as Graphcore reported falling revenue and increased losses.) Meanwhile, Habana Labs, the Intel-owned AI chip company, laid off an estimated 10% of its workforce. And Meta's custom AI chip efforts have been beset with issues, leading the company to scrap some its experimental hardware.
Even if OpenAI commits to bringing a custom chip to market, such an effort could take years and cost hundreds of millions of dollars annually. It remains to be seen if the startup's investors, one of which is Microsoft, have the appetite for such a risky bet.
au.finance.yahoo.com
peeled on, especially since we "recently-ish" (1 June 2023) had Shyamal Anadkat from OpenAI touting the benefits of BrainChip's AKIDA.OpenAI said to be considering developing its own AI chips
- Kyle Wiggers
OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips.
Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance its chip ambitions, including acquiring an AI chip manufacturer or mounting an effort to design chips internally.
OpenAI CEO Sam Altman has made the acquisition of more AI chips a top priority for the company, Reuters reports.
Currently, OpenAI, like most of its competitors, relies on GPU-based hardware to develop models such as ChatGPT, GPT-4 and DALL-E 3. GPUs’ ability to perform many computations in parallel make them well-suited to training today’s most capable AI.
But the generative AI boom -- a windfall for GPU makers like Nvidia -- has massively strained the GPU supply chain. Microsoft is facing a shortage of the server hardware needed to run AI so severe that it might lead to service disruptions, the company warned in a summer earnings report. And Nvidia's best-performing AI chips are reportedly sold out until 2024.
GPUs are also essential for running and serving OpenAI's models; the company relies on clusters of GPUs in the cloud to perform customers' workloads. But they come at a sky-high cost.
An analysis from Bernstein analyst Stacy Rasgon found that if ChatGPT queries grew to a tenth the scale of Google Search, it'd require roughly $48.1 billion worth of GPUs initially and about $16 billion worth of chips a year to keep operational.
OpenAI wouldn't be the first to pursue creating its own AI chips.
Google has a processor, the TPU (short for "tensor processing unit"), to train large generative AI systems like PaLM-2 and Imagen. Amazon offers proprietary chips to AWS customers both for training (Trainium) and inferencing (Inferentia). And Microsoft, reportedly, is working with AMD to develop an in-house AI chip called Athena, which OpenAI is said to be testing.
Certainly, OpenAI is in a strong position to invest heavily in R&D. The company, which has raised more than $11 billion in venture capital, is nearing $1 billion in annual revenue. And it's considering a share sale that could see its secondary-market valuation soar to $90 billion, according to a recent Wall Street Journal report.
But hardware is an unforgiving business -- particularly AI chips.
Last year, AI chipmaker Graphcore, which allegedly had its valuation slashed by $1 billion after a deal with Microsoft fell through, said that it was planning to job cuts due to the "extremely challenging" macroeconomic environment. (The situation grew more dire over the past few months as Graphcore reported falling revenue and increased losses.) Meanwhile, Habana Labs, the Intel-owned AI chip company, laid off an estimated 10% of its workforce. And Meta's custom AI chip efforts have been beset with issues, leading the company to scrap some its experimental hardware.
Even if OpenAI commits to bringing a custom chip to market, such an effort could take years and cost hundreds of millions of dollars annually. It remains to be seen if the startup's investors, one of which is Microsoft, have the appetite for such a risky bet.
OpenAI said to be considering developing its own AI chips
Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. GPUs’ ability to perform many computations in parallel make them well-suited to training today’s most capable AI...
au.finance.yahoo.com
Last edited:
David holland
Regular
At the end of the day Brainchip need there juice in products , Products and Revenue if there is none it's going to be a short conversation
Similar threads
