BRN Discussion Ongoing

[Space Cadet]

On the second licence, FG can choose to pay a second licence fee of $150K (net sales royalty of 10% on top) OR they can agree to a royalty of 15% ($150K licence fee waived).

It's not hard mate.

That's what I said it should say. I don't believe that it is what it says. Very sick at the moment so maybe not seeing straight.

SC

 

[Pom down under]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

Let’s hope so as my money tree at the end of the garden is coming into bloom

 

[Pom down under]

With the recent good news and no positive reaction regarding share price is it that people have just given up on BRN?

Shorters trying to get out, day traders making a few $$$ today, so I’m not surprised with todays price action.

 

[Fullmoonfever]

Cant wait for the next announcement to come out tomorrow morning!


(Imagine the hat trick topped off with a licence agreement from Merc)

 

[Pom down under]

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The whisper in the office is we will get one more before Xmas

 

[Fullmoonfever]

The whisper in the office is we will get one more before Xmas

 

[Smoothsailing]

The whisper in the office is we will get one more before Xmas

Maaaate I like your thinking , we definitely deserve it.

 

[Tothemoon24]

 

[Tothemoon24]

Brainchip = Space invaders

 

[Schwale]

There is nothing negative about this announcement. It is unalloyed good news.

Our first announced (successful) interaction with FG was the collaboration with ESA to evaluate Akida SoI (Global Foundries?) samples and software, AND the potential for integration into FG's next generation, fault tolerant, rad-hard microprocessors.

"Under this new commercial Akida IP licence agreement, Brainchip is entitled to receive a 10% royalty on the net sale price of Frontgrade's first licensed product in exchange for providing Akida 1.0 IP that included 100 hours of intergration support and 24 months of software maintenance. After 24 months FG has the option to purchase additional software maintenance for $125,000 per year. FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

BRN has licensed FG to use its Akida IP ,ie, thay are making a new SoC incorporating the Akida 1 circuit design.

This will, of necessity, also include one or more models as well as an MCU to configure Akida.

The MCU will probably be of FG design. The models may be a combination of an Akida model with additional FG data, or they may be FG data converted to Akida format.

So, as I read it, FG will be produing a MCU product line incorporating Akida 1 (10% royalty), and they have an option to produce a second MCU product line incorporating Akida 1 (15% royalty).

Thank you very much Dio for your clear summary.

 

[Fullmoonfever]

Brainchip = Space invaders


View attachment 74281

What I like is they confirmed integration with their RISC-V....now all we need is SiFive to step up with something cause we know RISC-V is possible.

 

[DingoBorat]

Bit wary of the gap down to 25c.......

You just had to mention it, didn ya..

 

[Slade]

Why include this line?

FG also has the option to obtain an additional Akida 1.0 licence for one more licenced product for a fee of EU$ 150.000 or a royalty of 15% of the net sale price of the second licenced product."

If they had no intention to obtain an additional license, this line would not be there. If the likelihood of obtaining the second license was a long way into the future, they would just announce it when the licensing actually happened.

My guess is that the second product is well into development and is expected to be licensed soon. If this was definite, it wouldn't be an option, it would have been announced as 'FG has purchased two licenses'.

So, i'm expecting this option to be executed soon and hope that FG have negotiated this price now so they don't have to pay a much higher price after the 'akidalanche' starts to happen. (akidalanche - akida avalanche)

Now we sit back and see how wrong I can be.

Cheers Chippers.

You raise an interesting point. I think you are right, the additional options given to FG would have most certainly been offered as a sweetner during negotiations and therefore FG surely must be interested in obtaining additional licenses in the future.
So much seems to be happening.
Happy Days.

 

[GStocks123]

I encourage everyone to watch this video of Alf K presenting at HW pioneers, more so from the 25min mark re Frontgrade, the moon landing or even Mars

Also..Good to get reconfirmation that Akida is currently in space

 

[Diogenese]

Still don't know what the OR is in there for.

SC

In case the wind drops ...

 

[TheDrooben]

You just had to mention it, didn ya..

View attachment 74282

At least it closed quick and didn't hang around to haunt us.............

 

[Diogenese]

Some interesting quotes here from Remi El-Ouazzane (STMicro) on the proliferation of AI within the microcontroller market over the next 5 years. He describes it as an AI “tsunami“ coming to edge devices.


“We expect AI compute performance at the tiny edge to grow by a factor of 50 to 100 times in the next five years,” El-Ouazzane said. “The continuum of tiny edge to cloud is the area where the compute growth will be the biggest over the coming years.”


STMicro has roughly a quarter of the microcontroller (MCU) market today, shipping between five and 10 million STM32 MCUs every day. According to El-Ouazzane, over the next five years, 500 million of those MCUs will be running some form of tinyML or AI workloads.

https://www.eetimes.com/stmicro-launches-npu-equipped-microcontroller/

https://www.eetimes.com/remi-el-ouazzane-a-tsunami-of-tinyml-devices-is-coming/

Global Foundries produced a batch of Akida 1500 22nm SoI chips. The 1500 is the Akida IP without the non-BRN ARM Cortex processor.

Maybe therse were tested with ESA/FG (Frontgrade) with a FG MCU.

So now it appears FG have taken a licence for Akida IP incorporated with an FG MCU in a So, and they like it so much they have an option to produce a second product line .

This is the 6 May announcement:

https://feeds.issuerdirect.com/news-release.html?newsid=4537416869883669 20240506

BrainChip and Frontgrade Gaisler to Augment Space-Grade Microprocessors with AI Capabilities​

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, and Frontgrade Gaisler, a leading provider of space-grade system-on-chip solutions, announce their collaboration to explore the integration of BrainChip’s Akida TM neuromorphic processor into Frontgrade Gaisler’s next generation fault-tolerant, radiation-hardened microprocessors. This collaboration represents a significant milestone as it aims to introduce the first space-grade SoC worldwide with incorporated true artificial intelligence (AI) capabilities.
These next generation microprocessors would include BrainChip’s AI processing capabilities, thereby enabling a considerable step forward in the computing resources available for space-borne systems. In particular, the inclusion of the Akida neuromorphic processor aims to deliver compelling power efficiency and inference performance while maintaining compatibility with existing Convolutional Neural Networks (CNNs).
“Adding AI capabilities to our next generation microprocessors would set a new standard for modern space-grade computing devices,” said Sandi Habinc, General Manager at Frontgrade Gaisler. “The success of this joint effort could empower organizations to leverage AI technology to enhance mission efficiency, ultimately advancing the frontiers of what is possible in space.”

Now the other odd thing is that the licences are for Akida 1 IP, ie, not Akida 2 ... not even as an option ...

Clearly Akida 2 (with TENNs) comes at a significant premium. There is also the fact that Akida 2 has not been produced in silicon. If you're going into space, you'd probably want to see it working beforehand (see Hubble trouble).

So there's still room for FG to step up to Akida 2 at a later date.

What it does show is that Akida 1 performs at or above specification for FG's (and ESA's) purposes.

 

[CHIPS]

View attachment 74280




View attachment 74279

AGAIN and again and again ... Where is the link?

 

[Mazewolf]

Worth mentioning what isn't there too - no NDA! At last for some reason they've found a way to not have agreements kept under an NDA....

 

[MDhere]

Hello fellow brners,
Happy silly season soon,
Been waiting like everyone else but things are slowly being uncovered and it was very nice to see this announcement this morning re Frontgrade Gaisler inc a nice mention in the Herald Sun.
BrainChip Holdings (ASX:BRN) has announced that Frontgrade Gaisler, a provider of radiation-hardened microprocessors for space, has licensed its Akida 1.0 Neuromorphic AI IP for integration into space-grade, fault-tolerant chips. BrainChip will receive royalties from Frontgrade.

I also happy to come across an interesting article on Risc-V with Brainchip mentioned. (this probably has surfaced here on tse before) but given the injection of funds by Jeff Bezos to Tenstorrent in early December, I thought it might be worth a revisit of it especially the part where it says Synergies between Risc-v, Tenstorrent and Brainchip.
The combination of Tenstorrent’s GPU capabilities and BrainChip’s neuromorphic approach demonstrates the broad applicability of RISC-V in both conventional AI workloads and next-generation computational neuroscience



It's good to be a shareholder.
Hope Bravo gets new running shoes for xmas.