We’ve been over the ground of why 3 years ago they were confident of getting earlier success. The emergence of GenAI changed all those expectations.
“I am unsure of what the expectations should be. I know that if the agents I work with don't send me clients in the previous 12 months I don't renew their contracts. They only get rewarded with a contract once they introduce new clients.”
Are you telling us that in the last 12 months BrainChip haven’t signed any new clients? Tell that one to
@Esq.111 who has the number of partners now at 64.
“They are not selling toasters” they have a pipeline of progress on ‘sales’. To get to an IP deal to the stage of being signed there would be a lot more than just you get to play with Akida and then make a decision. There would be something like the following:
1) Initial contact with a potential client to discuss a use case they might have.
2) If there’s no use case then they might like to trial the tech and see if they can come up with one.
3) Develop a prototype for a solution of a particular use case using the ADE.
4) Test the prototype and rinse and repeat dev until satisfying a solution.
5) Create a proper design once the prototype has been satisfied. This step could take a while and btw at this point is the product a device that Akida IP is going to be embedded into or is the client company just making and selling chips with our IP like Renesas?
6) Tape out the design into silicon and test the silicon, again going to take significant time.
7) If the client company is putting the silicon with Akida embedded into a device, they wouldn't have to sign an IP deal with BrainChip until they mass produce the device. This may take years since they might consider holding off until the time is ripe to sell the product in volume.
So 3-12 months from when new/existing customers get their hands on Akida2 IP isn’t going to result in IP contracts imo. More likely 3-4 years. It’s possible some of our original EAPs could be closer to closing a deal though. We all hope something will drop soon..