Super proud of the team, well done all. | Mohammed Umar Dogar
Super proud of the team, well done all. Looking forward to 2024 with many more exciting things to come..
I wonder for how much it will be sold for and how those sale funds will be finally distributed between BRN & VVDN.BrainChip Previews Industry’s First Edge Box Powered by Neuromorphic AI IP
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BrainChip Previews Industry’s First Edge Box Powered by Neuromorphic AI IP
BrainChip Previews Industry’s First Edge Box Powered by Neuromorphic AI IP LAGUNA HILLS, Calif.--(BUSINESS WIRE)-- BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low pcrweworld.com
LAGUNA HILLS, Calif.--(BUSINESS WIRE)-- BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today released previews of the industry’s first Edge box based on neuromorphic technology built in collaboration with VVDN Technologies, a premier electronics and manufacturing company.
The Akida™ Edge Box—expected to begin pre-sales on January 15th, 2024—powers AI applications in challenging environments where performance and efficiency are essential. The device will be demonstrated for the first time at CES 2024, January 9-12 in Las Vegas.
Designed for vision-based AI workloads, the compact Akida Edge box is intended for video analytics, facial recognition, and object detection, and can extend intelligent processing capabilities that integrate inputs from various other sensors. This device is compact, powerful, and enables cost-effective, scalable AI solutions at the Edge.
BrainChip’s event-based neural processing, which closely mimics the learning ability of the human brain, delivers essential performance within an energy-efficient, portable form factor, while offering cost-effectiveness surpassing market standards for edge AI computing appliances. BrainChip’s Akida neuromorphic processors are capable of on-chip learning that enables customization and personalization on device without support from the cloud, enhancing privacy and security while also reducing training overhead, which is a growing cost for AI services.
“BrainChip’s neuromorphic technology gives the Akida Edge box the ‘edge’ in demanding markets such as industrial, manufacturing, warehouse, high-volume retail, and medical care,” said Sean Hehir, CEO of BrainChip. “We are excited to partner with an industry leader like VVDN technologies to bring groundbreaking technology to the market.”
“There is a strong demand for cost-effective, flexible edge AI computation across many industries,” said Puneet Agarwal, Co-Founder and CEO, VVDN Technologies. “VVDN is excited to offer OEMs its experience and expertise in bringing the advanced, transformative technology integrations that meet market needs and eventually help them with faster time to market.”
BrainChip’s Akida Edge Box is suitable for environments that require cost-effective and low-latency AI processing. In security and surveillance, it can automatically detect and report intrusion, identify individuals in restricted areas, and perform behavior analysis to recognize suspicious behaviors or potential threats.
In retail and warehousing, it can assist in inventory management and loss prevention by identifying when shelves are empty, when restocking is needed, and when merchandise is removed without authorization. Behavior analysis capabilities can also help retailers understand how customers interact with products and store layouts to maximize profitability.
The Akida Edge Box brings AI to industrial settings for visual detection applications such as quality inspection, identifying defects or irregularities in products, and integration with factory robotic systems for precise object manipulation. It can be used to enhance plant and worker safety, identify whether workers are using proper safety gear, following protocols and proper workflows, and identify malfunctions in assembly lines.
Healthcare applications include patient monitoring, such as noting a patient’s physical movements to ensure safety and provide alerts for falls or unusual behavior. In rehabilitation facilities it can track and analyze patient movements to aid in physical therapy. In elder care settings it can be used to detect falls or other situations that require staff assistance or intervention.
I personally would wait and see what actually eventuates between now and the AGMDo people here think now, is perhaps the Time, to strongly recommend those we know and love, to invest a decent sum in BrainChip?
Perhaps from their Super?
$17500 will buy you 100000 shares in this Company and on the basis, that it could be lost, or profoundly change their future, could be a good "bet"?...
Many here have already recommended strongly over the years, with good intentions, but ill effect.
I personally encouraged my Brother to buy 50000 shares at 95 cents last year and now he won't listen to me about averaging down..
Disclosure - I am very heavily invested in BrainChip and bought another 10000 shares yesterday..
I sleep like a baby at night, but if BrainChip doesn't "make it" my future will seriously look a bit like this..
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Provided someone will be kind enough to let me park this beauty on their property..
However, I will probably still look at it like this..
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I might be completely mistaken, but I think I read something like 9,900 Dollar somewhere. Or was it 990?I wonder for how much it will be sold for and how those sale funds will be finally distributed between BRN & VVDN.
Why would he sell at this price. Likely he could have found other financial ways to pay.I can’t say I have seen Sean sell his shares to pay his taxes as yet?
I would be very careful before going down a second strike course of action . Looking at the graph of TAH share price after successfully striking out at their directors has not led to a $ 1.00 share price hot tub gathering.Tech, as you have stated:
" still not expecting any cash receipts/revenue in this closing quarter or next, sorry, but that's my opinion....it's hard to swallow, but that's just how I see things....give it to me if I'm wrong !"
I am also of the opinion, that if there are also no new IP agreements nor increased / meaningful revenue levels entered into by the time the AGM is held, then who know's what the Co's position and outcome will be, given that a "Strike 2" action might / may still be pending.
What's the penalty for insider non-trading?Why would he sell at this price. Likely he could have found other financial ways to pay.
I'm surprised how many people are shocked he has not sold.
He was given 2 million part of his package at 20 cents so say half is tax then he needs to come up with 200 k
He is not a stupid man he I will say that. So say the SP at the AGM is 60 cents will that be a win for him absolutely. And he is genuinely in the belief the SP is bellow real value. I don't want to argue about SP that's dictated by the market be it this or that.
But last year he got shares at 80 cents paid tax selling it would have cost him 800 k to keep all. If you go with the theory at that time the sp may have still been high then no kidding he sold his tax portion.
Today he gets them at 20 cents 4 times cheaper so if say the value of the company IP is somewhere between 20 and 80 lets say 50 cents what would you do finance the tax and keep the shares.
Sean is putting his money in the game I'm surprised many don't see this while your all looking at the flaws and looking to hang a person he quietly put skinning the game. Yes that's putting skin in the game.
My opinion and personal view is do as smart money not as what agenda driven unknown posters vent when mad or are trying to block validated clear news that is interested.
Forget the old past look to the future.
Sean did buy yes at a discount part of his payment but likely he put quite a bit of his money now in the form of tax to me that's confidence that SP is below what the guy that knows all that is happening at BRN.
Getting to keep his shares lol!What's the penalty for insider non-trading?
Not entirely sure myself that it will be a profit split as such.I wonder for how much it will be sold for and how those sale funds will be finally distributed between BRN & VVDN.
VVDN already provide an Edge Box with Nvidia so they will have unique knowledge and experience of EBs in use. They will know what input ports are required as well as the types of models to identify different inputs.Not entirely sure myself that it will be a profit split as such.
The original Ann was that we "engaged" VVDN, "a premier electronics engineering and manufacturing company, to deliver the industry’s first Edge box based on neuromorphic technology."
Implies to me still that we possibly paid for the service and manufacturing and will go to market.
In the latest Ann, VVDN said it "is excited to offer OEMs its experience and expertise in bringing the advanced, transformative technology integrations that meet market needs and eventually help them with faster time to market."
They are offering the OEM their experience and expertise.
Maybe, if VVDN are selling it through their channel to mkt they may get a %. Will be interesting to see how it comes out in the wash though so to speak.
No doubt, as they state that sort of experience in their offering and make sense to engage them.VVDN already provide an Edge Box with Nvidia so they will have unique knowledge and experience of EBs in use. They will know what input ports are required as well as the types of models to identify different inputs.
The first announcement said both would sell it.No doubt, as they state that sort of experience in their offering and make sense to engage them.
Just not sure how BRN are going to structure up the path to mkt yet.
Themselves, with VVDN as well or other resellers that's all.
Cool thanks.The first announcement said both would sell it.