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Now that’s a podcast for the ages. Sean could not be more clear in his confidence of success .
Don’t know who aita is….. but damn I love her already…, yeeeehaaa (for all the mimimis… I know it should be akida.. I listened the podcast)Thanks to FF for the following
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welcome to an investor podcast update my
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name is Tony D director of global
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investor relations for brain chip each
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podcast I compile a list of some of our
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shareholders most frequently asked
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questions and put those questions to a
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senior member of the brain chip team
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today I'll be putting those questions
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directly to brain chip CEO Shan hair hi
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Shan and welcome back to the brain chip
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investor podcast series to discuss some
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exciting recent developments at the end
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of
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2024 hi Johnny glad to be here and hello
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to all of our shareholders so Sean brain
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chip recently announced a major contract
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win with the US Air Force research
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laboratory can you elaborate more on
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this engagement and what this means for
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brain chip going forward yeah of course
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Tony it's a it's a question I I want to
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talk about uh obviously the win with the
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Air Force is a very important step in
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our commercialization journey more
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importantly it's just wasn't a really
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nice important commercial win it's a
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validation from a very um
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important entity in the world quite
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frankly with very strong requirements
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and um and demands and I think this is a
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wonderful endorsement of our aita 2.0
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strategy plus 10s they really really
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like that combination of aita plus 10
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this is all about that story those two
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together so very happy for for the team
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that work worked hard on this and I'm
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very happy for all of our
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shareholders thanks Sean and in addition
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to the US Air Force research laboratory
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win we've also had a win with front
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grade Geisler would you care to tell me
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a bit more about that engagement and uh
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you know how that came about and what
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that means for brain chip sure I mean
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I'm equally excited about this one for a
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couple of reasons we work very closely
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with front grade and front grade
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customers and you can read about what
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their customers and who their customers
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are um it is one of the more demanding
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environments you can put the silicon and
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to to be part of what they're doing is
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so important and again another
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validation of our offering from a
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world-class
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organization um I could not be more
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pleased secondly if you recall in many
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of my public comments when I talk about
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AA 2.0 and 10 I've always said a ke 1.0
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is a great worldclass product it's just
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narrow in it in its scope but for
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particular use cases it's outstanding
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this is a great example it's a Keeta 1.0
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implementation and it's a wonderful
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application and will serve its purpose
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incredibly well we look forward to
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working for years coming with front
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grade It's a Wonderful
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partnership thanks Sean even though the
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announcement of a key to Pico fell just
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out outside the September quarter would
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you like to talk about this and explain
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how it fits within the broader
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commercial strategy for AA Pico
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illustrates a lot of things uh that we
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have going on with brain ship right now
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first of all Pico came from a lot of
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customer interactions we had a lot of
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requests from customers to say how small
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can you go we need something very small
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very precise at very low power and what
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that shows me is a couple one is that we
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listen well to our customers and
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responded two it illustrates the
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scalability element of aita so what Pico
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is is it's literally less than a single
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node but those who follow brain chip
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closely know that each node has four NPS
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this is actually a single NP neural
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processor and a little bit of memory and
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it will handle very specific models for
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specific use cases at very low power and
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for those use cases it's the ideal
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instrument so um very excited about it
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the interest is incredibly strong from
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our inbound
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calls thanks Sean shareholders continue
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to ask me for updates on the sale of the
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edge boox being produced by vvdn can you
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provide an update on their progress and
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give some indication as to what your
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expectations are sure um Edge boox is
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meeting our expectations I have said on
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numerous occasions what our expect
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ations were which is this is simply an
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opportunity to offer an evaluation tool
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for certain um um corporate customers
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and for small businesses to buy and
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deploy we do not look at this as a large
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Revenue opportunity but simply a vehicle
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for more to get their hands on it
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through us now any volume sales will
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come through our partners in this case
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that would be vbn the vbn of course
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we're enabling them with chip sales
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we're enabling them with technology
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knowled from our side and I know for a
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fact if you look on their website
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they're out trying to generate volume
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sales right
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now fantastic thanks uh the appointment
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of Steven brightfield as Chief marketing
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officer represents a major acquisition
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to the executive team can you speak to
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the impact that Steven has had in this
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role since he joined the company in
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August and what is he focused on
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now well first I should probably
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formally welcome Steve because uh
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haven't had a chance to do that on this
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podcast but we're very happy to have
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them here and Steve's responsibilities
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are really threefold and they're all
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very very important for this company one
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is working on the messaging for the
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entire company if you think of the
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evolution of what we've done in our
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strategy over the last several months
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and going into 25 he's focused on
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obviously a 2.0 and all the richness and
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increased functionality associated with
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this that's one two the addition of pend
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to the portfolio and then of course all
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the other kind of configurations like
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pico so messaging is critical and he's
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also trying to illustrate the strengths
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at a different levels if you look at the
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market and what's going on in the market
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as movement of workloads towards the
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edge most workloads on the edge are
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streaming in nature and what we do
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between our neuromorphic architecture
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and T is really specialized in Excel and
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streaming so you could expect Steve to
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lean harder in the message ing around
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the streaming elements of our offerings
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that's one two he's busy with all the
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tactics trade shows collateral exet or
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mail outs for demand gen campaigns and
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then last but not least of course he's
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responsible for our prodct road maps he
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works very closely with our CTO
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organization our head of engineering of
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course doing the research with analysts
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listening to customer feedback from
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sales and planning our road maps for the
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next 18 months so a big job and he's
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doing very very well with
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it fantastic during the quarter you also
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announced that the scientific Advisory
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board has been
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re-envisioned what does this mean and
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how will it benefit
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shareholders this is another really or
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maybe subtle uh change that we've made
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in the company ring chip is has been and
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always will be technology and
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science-based it's really important that
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we get the best Minds available in our
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chosen fi field to challenge what we do
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look at what we do and make it better
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help us with plan for the future we
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couldn't be any more happy with the
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addition of Jason and Andre to this
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board they are leaders in this field and
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they're already providing great benefit
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to our road maps and our discussions
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that we work through here also under
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Tony's leadership with Peter because
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Peter of course the founder of the
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company is on Airport as well ponies
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invigorate invigorated a set of meetings
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that are very regular Cadence giving
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homework challenging so we're getting
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Great Value from Peter Andre and Jason
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right now thanks Sean so can you provide
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some insight into the market reaction to
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our new tens algorithm and tens
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configured with AA 2.0 absolutely uh in
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a simple word strong the interest is
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very strong uh from customers we know
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and new customers that we're talking to
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um what people resonate to is what it
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can do and when you think about Edge
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workloads and you're trying to
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accomplish these tasks these complex
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paths in the smallest area at the lowest
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um Power signature and high performance
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you can do that through the hardware
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which we do with aita which is really
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really important in world class and
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leading but if you add a unique
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algorithm like tens or models based off
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of that algorithm like tens now you've
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got something like a double acceleration
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because what you have with tens is the
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ability to execute these tasks with
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models that may be as low as a third the
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size of the original model and when you
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do a third of the size of the model
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you're going to use about a third of the
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operations and of course a third of the
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power so you do that kind of map on top
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of the savings for rikita people are
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very interested accomplishing your task
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that way and we're we could not be more
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excited about what's going on with t
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right now
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thanks Sean most shareholders are aware
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that the company raised an additional
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$20 million last quarter through a
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placement to institutional investors and
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a share purchase plan for existing
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retail investors what was the rationale
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for the institutional placement and why
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was the SP included given that it only
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raised
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$632,000 well the the larger TR
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institution placement was really simple
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we knew we were at a point in the
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company where we had some very
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interesting things going on with Ada 2.0
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and 10 and quite frankly with the
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traction and the in the interest we're
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seeing in the commercial side we wanted
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to ensure we had the funding to fully
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exploit that opportunity particularly
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when you couple the movement when you
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look what's going on in the market and
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more and more workloads coming to the
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edge more and more models coming to the
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edge we wanted to be well positioned to
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take advantage of them which we are
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going forward around the SP that was
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promise we made to our shareholders who
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wanted to participate we feel very happy
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that we can provide that vehicle for
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them and are pleased with the
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results thanks Sean so you recently
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conducted an interview with Mark Kennis
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from stocks down under where you were
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very bullish about the future of the
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company and in particular about our
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commercial uh prospects would you care
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to elaborate on on the comments that you
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made in that interview and give our
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shareholders some indication as to what
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your expectations are for the near
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future yeah I the confidence I shared on
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that interview just a few or weeks ago
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is is absolutely genuine and U getting
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stronger every single day when I look at
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the traction we're making on our road
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map and the progress we're making across
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all fronts in advancing aita and you'll
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see some announcements here soon on
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other things around aita and with tens
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and more importantly I know from our
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shareholders point of view and mind in
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some of these engagements I am
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absolutely believing we're outdoing the
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right things in this company right now
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and that we will start to seiz a fruits
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of all this hard work and the not too
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distant future so yes that optimism that
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they heard I absolutely have and I'm
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incredibly confident that good things
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and good results will happen for the
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next several months and into the next
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year thanks sh looking ahead to 2025
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what do you say on the horizon for brain
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chip and have we started work on aada
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3.0 yet 2025 is a critical year for
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brain chip we have a lot going on but we
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need to execute well we're going to
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execute on all the vectors I spoke about
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earlier on further developing models for
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10s evolving a key
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to platform as we know it and of course
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pushing platforms like pico and EV
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voling those the question around 3.0 of
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course we began planning it we're always
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planning different and subsequent
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releases of all of a technology but I
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want to be really clear 2.0 and pens are
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leading platforms and I can give you
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some very specific example the keeto 2.0
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will be supporting State Spas model or
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is supporting State based models which
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is unique in this industry and if you
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look at the trends and models these are
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the hot models of course tens is one of
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those State space models as well but we
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will support others That's Unique that's
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what we're selling and we carry us real
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on time thanks Sean it's been a pleasure
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talking to you today and I hope your
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responses to these questions will go
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some way to satisfying investors's
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appetite for more information about
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brain
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chip thank you Tony it's always great to
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be here and talk to you but more
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importantly to all of our shareholders
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and I look forward to sharing updates in
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the new
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year thank you for listening to this
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investor podcast update with my guest
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brain chip CEO Sean ha episode eight of
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the brain chip quartly investor podcast
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series will be released in February
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2025 until then on behalf of brain chip
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we wish you all the best for the New
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Year and thank you for your continued
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support
Yes shortersThat's the most confident I've ever heard him.
Great way to round off the year. Happy new year all!
Can you imagine what bunch of shit they will write and spam on the crapper to confuse people? They must really panic now
Next time your there send them my love pleaseCan you imagine what bunch of shit they will write and spam on the crapper to confuse people? They must really panic now
Here is the statement that's going to get SH very angry if the SP doesn't move that much in 2025.That's the most confident I've ever heard him.
Great way to round off the year. Happy new year all!
I can’t believe how lucky I’ve been brought in way back at 0.33, then brought a large super amount at 0.5 and now averaging 0.26 between my 3 accounts. Could do we buying more and probably will, but bring on 2025 for all those that have ignored all the shit that has been thrown at us by our friends at the crapper.Here is the statement that's going to get SH very angry if the SP doesn't move that much in 2025.
"But Sean was very confident and said we are getting big revenues in early 2025"
"But 2025 was supposed to be our year"
"Sean lied to us"
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Podcast is out
I would agree that Sean is very aware that he will be judged by the performance of the company and that the passing of 2024 has shortened his runway going forward.Here is the statement that's going to get SH very angry if the SP doesn't move that much in 2025.
"But Sean was very confident and said we are getting big revenues in early 2025"
"But 2025 was supposed to be our year"
"Sean lied to us"
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Welcome back after 20 monthsMixed feelings, again, after listenining to that, not because of the content, but the delivery.
Surely we can do better if the goal of these podcasts is to pique investor interest?
I'm curious. How do we all here, as retail investors, feel about Tony Dawe's performance both specifically in these podcasts and generally, in his role as Director of Global Investor Relations?
In my view, despite all the criticisms, Sean Hehir is actually quite a good communicator and totally carries these podcasts, but I find myself really struggling with the way they're presented, given they're not vlogs, and all we have to keep us engaged is the audio.
We have nothing to tether to but the voices delivering content and this stuff therefore needs to grab your interest from the get-go, especially when the target audience is largely retail investors whose response to these podcasts will have a correlating effect on the shareprice - something we should all be interested in.
Hehir was, and is, engaging and I retained info from his comments but the value I obtained was diminished by the underwhelming delivery by Tony Dawe of the initiating questions. The consistent points at which my time-poor and deeply challenged attention span was triggering me to click "x" and bail was always during TD's putting of selected investor questions or raising of general points of interest for Hehir's comments in elaboration.
I feel bad for saying this so bluntly, but it was excruciating listening to him. He was robotic, dull and forgettable. Right now, although I still have working memory of some of Sean Hehir's responses, I'd be hard-pressed to remember a single question Dawe put to him.
He made it hard for me to continue listening and Im someone who's genuinely interested in the topic being discussed!
He's like the High school Physics teacher that sits there at his desk, head down, no eye-contact, no interjectional/anecdotal by-the-by comments on points of interest that inspire him, just a monotonal reading of the textbook out to the class before asking them to then go ahead and quietly work on the activities attached and hand in your work on his desk at the end of class on your way out the door.
He's literally the human unironed tablecloth of BRN investor relations podcasting. (Only OG LTH kids will understand)
His role is investor relations, so this podcast is aimed more at keeping current and inspiring potential future shareholders and not necessarily at engaging clients of our product offerings. This is all about the sp, at the end of the day.
Now I'm not asking for marching bands, ticker-tape parades and Simpson's " monorail" marketing, but surely we can do better here?
His role in the podcasting needs to be outsourced to someone that is not just reading from a scripted questionairre with zero interest in the response. Someone that can put more enthusiasm and engagement into it than what felt like much the same energy as the reading of Ferris Buehler's name off the class attendance roll.
At least the unironed tablecloth was a subtle detraction from "the vibe of the thing" only picked up by astute observers or those desperately critical and focused on manipulating downward price action on our sp. The usual suspects.
These podcasts are is unavoidably right in our face on a regular basis and I was hoping that at least this one, delivered today following a great few weeks of good news on the deals struck front and upwards sp movement might inspire TD to put some energy into his delivery but listening to today's offering bothers me no end. I'm feel like I'm one of BRN's last remaining true-believer cheerleaders fighting the good fight on HC as davolatopia, but this lack of corporate insight into how critical a polished & professional PR interface is in maintaining interest in the Coy's endeavours and offerings and, ultimately, contributing to support of the shareprice, is getting me narky.
Especially when we're hot off the news of some great performance in Hehir's sealing long awaited deals and the titillating suggestions emanating from Sean that we ain't seen nothing yet with those 2 coming at the end of 2024 because "2025 is going to be a big year".
The SP has been ramping up nicely in the last few weeks and is suggesting we might be on the cusp of the "something big" in 2025 that Sean has piqued our attention with, and on the tail end of that momentum this podcast is released the DAY BEFORE 2025 officially kicks off and although Sean's contribution was, as always, engaging, TD's deadpan lifeless delivery yet again acts to detract from Sean's performance and has successfully underwhelmed me as a significant holdings long investor that shows more passion engaging and debating and discussing the exciting paradigm shifting tech BRN is bringing to the table in what feels like my self-imposed role as HC BRN pro bono defence counsel.
The guy getting paid to do the crowd-fluffing needs to up his game and if he doesn't have the skills or personality then he needs to delegate to someone within BRN who does or outsource to a professional.
I don't know why I'm so grumpy with the SP finally matching the news that's being delivered about the company's performance, it might be because I feel we're undevalued due to the egregious and defamatory conduct and sp manipulation of Dr Doogie Houser aka Plato that *no one* (Yes, I'm looking at you Mr Dawe, Director of Global Investor Relations) lifted a finger to deflect and if the Coy is going to continue to rely on communicating with the investor public via social media and podcasting rather than releasing formal updates utilising the ASX Anns portal then please, for the love of dog, invest some cash and energy on outsourcing or delegating the role to a more polished, charismatic, interesting, invested and engaging counterpart during the CEO fireside chats because I'm struggling to stay tuned to hear it all out to the good bits, and if you can't keep your biggest cheerleader enthused then you've got a problem.