BRN Discussion Ongoing

I hope Alfred doesn't reek havoc, stay safe
And I thought I was never going to see another cyclone after moving from Cairns
 
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HopalongPetrovski

I'm Spartacus!
Good luck you folks in the cyclones path.
Good luck to the Ukrainians fighting for their lives.
Good luck to us all, living in the world whilst Trump's in power.
And good luck to us BrainChip holder's.
Here's hoping Sean and our board have our best interests in heart.
GLTAH 😅
 
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Business alliances focused at the EDGE

FYI

Business Wire
Blaize Partners With KAIST to Create the Next Generation of Edge AI Technology
Business Wire
Tue, March 4, 2025 at 8:00 AM CST 6 min read


In This Article:​

BZAI
-2.04%
BZAIW
-14.06%
7b48b1be2c5383144383cc19870a9f39

The university and business research and development collaboration is expected to produce new edge AI computing applications across biomedical, neuromorphic, photovoltaics, thermoelectrics and green hydrogen
EL DORADO HILLS, Calif., March 04, 2025--(BUSINESS WIRE)--Blaize Holdings, Inc. (NASDAQ: BZAI) ("Blaize"), a provider of purpose-built, artificial intelligence (AI)-enabled edge-optimized solutions, and South Korea-based KAIST Institute for NanoCentury ("KINC") of the Korea Advanced Institute of Science and Technology ("KAIST") have entered into a joint technology agreement for research and development projects, as well as the co-development of prototypes and technology solutions.

Through the partnership, Blaize and KAIST will bring the best of collaboration between the most advanced scientific university research and the most promising applications of edge AI computing in industry and the business world.
The areas of research and development focus include:
  • AI-based analysis and chips for biomedical diagnoses;
  • Energy-efficient neuromorphic devices such as memristive devices for synaptic storage, spintronic devices, and 2D material-based neuromorphic components; and
  • High-efficiency energy conversion materials and devices, such as perovskite photovoltaics, thermoelectrics, and green hydrogen production
As part of the agreement, Blaize and KAIST plan to exchange personnel with each other to exchange information, provide education, and engage in joint research. KAIST and Blaize also intend to hold joint workshops and conferences to broaden understanding of the applications of AI-based chips and edge computing.
"KAIST is at the cutting edge in scientific and engineering discovery, producing groundbreaking research in fields such as robotics, artificial intelligence and nanotechnology," said Dinakar Munagala, chief executive officer of Blaize. "Blaize is excited to partner with KAIST to develop the next generation of edge AI computing technologies."

"At KINC, we are excited to collaborate with Blaize to advance edge AI technologies in biomedical diagnostics, neuromorphic computing, and sustainable energy. We believe this partnership will drive meaningful innovation and real-world impact," said Prof. Sang-Ouk Kim, director of KINC.
The agreement with KAIST is part of Blaize’s continuing success in developing edge AI computing applications across several verticals, such as security and monitoring, enterprise edge AI and autonomous systems, and demonstrates Blaize’s growing customer pipeline.
About Blaize
Blaize provides a full-stack programmable processor architecture suite and low-code/no-code software platform that enables AI processing solutions for high-performance computing at the network’s edge and in the data center. Blaize solutions deliver real-time insights and decision-making capabilities at low power consumption, high efficiency, minimal size and low cost. Blaize has raised over $330 million from strategic investors such as DENSO, Mercedes-Benz AG, Magna, and Samsung and financial investors such as Franklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, Rizvi Traverse, and Ava Investors. Headquartered in El Dorado Hills (CA), Blaize has more than 200 employees worldwide with teams in San Jose (CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds and Kings Langley (UK), and Abu Dhabi (UAE).

About KAIST
KAIST (Korea Advanced Institute of Science and Technology) is South Korea’s top-ranked public research university in science and engineering. Recognized globally for its excellence, KAIST offers a research-intensive curriculum that fosters innovation and technological breakthroughs. Its strong industry partnerships provide students with unparalleled opportunities for hands-on experience, entrepreneurship, and career advancement. Additionally, KAIST maintains extensive global collaborations with leading institutions and research centers worldwide.
Not real chuffed about Blaize and KAIST getting together..
KAIST, making some big "claims" about neuromorphic chips, last year..


Blaize, just listed on the NASDAQ in January this year and also have no real revenue.

"Blaize Holdings had revenue of $781.00K in the quarter ending September 30, 2024, a decrease of -47.27%. This brings the company's revenue in the last twelve months to $1.97M"

They had a high of $19.25 (not shown on chart) not long after listing and have had a low of $2.80.

Screenshot_20250305-090124_Firefox.jpg



They claim to have a pipeline of over 400 million dollars in prospective sales.

"The Business Combination marks a major milestone for Blaize as it continues building its transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. Blaize has strong traction with over $400 million in a qualified pipeline of prospective customers it expects to engage in 2025 and a global footprint with Tier 1 supply chain relationships.

Food for thought, on how we "could" be received coming on to the NASDAQ, with no real traction happening, if things are still not moving, due to ASX "throttling"..
 
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Not real chuffed about Blaize and KAIST getting together..
KAIST, making some big "claims" about neuromorphic chips, last year..


Blaize, just listed on the NASDAQ in January this year and also have no real revenue.

"Blaize Holdings had revenue of $781.00K in the quarter ending September 30, 2024, a decrease of -47.27%. This brings the company's revenue in the last twelve months to $1.97M"

They had a high of $19.25 (not shown on chart) not long after listing and have had a low of $2.80.

View attachment 78654


They claim to have a pipeline of over 400 million dollars in prospective sales.

"The Business Combination marks a major milestone for Blaize as it continues building its transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. Blaize has strong traction with over $400 million in a qualified pipeline of prospective customers it expects to engage in 2025 and a global footprint with Tier 1 supply chain relationships.

Food for thought, on how we "could" be received coming on to the NASDAQ, with no real traction happening, if things are still not moving, due to ASX "throttling"..
1741130742656.gif
 
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TheDrooben

Pretty Pretty Pretty Pretty Good
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Meatloaf

Regular
There has already been a lot of debate about Brn redomiciling, Some say that it’s a great idea and some say not.
I am concerned about the fact that Brn have so far shown very little progress with revenue. Yes, I know that there are partnerships and Akida is being used in a variety of products and that interest is building but the SP keeps falling. Quite honestly I believe that most SH are currently waiting on progress but it just keeps getting delayed for various reasons.

I believe that if we vote for Brn to move to US exchange we will lose the ability to interact and have a say in the company’s future. I believe management needs to prove to the SH that we have a strong future. So far, in my opinion, they have not.

Now, I would be all for the move if our current SP was $2-$3 but at 20 cents, no way.

I have held shares in a company that did a share reconciliation and that turned out to be a disaster. All that happened was that the SP was driven down further but instead of having 100,000 shares you now had 5,000.

With the SP being at its current level, it would be disastrous to allow such a move.

I know some people will come at me for daring to state such negativity but we have to look at this honestly.

If Brn have a solid contract that would warrant such a move then ok let’s hear it but if it’s just in the hope that it will make it better, no way.

If at the AGM the SP is still as it is currently then I’m voting NO and urge others to do so.
Just my opinion.
 
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There has already been a lot of debate about Brn redomiciling, Some say that it’s a great idea and some say not.
I am concerned about the fact that Brn have so far shown very little progress with revenue. Yes, I know that there are partnerships and Akida is being used in a variety of products and that interest is building but the SP keeps falling. Quite honestly I believe that most SH are currently waiting on progress but it just keeps getting delayed for various reasons.

I believe that if we vote for Brn to move to US exchange we will lose the ability to interact and have a say in the company’s future. I believe management needs to prove to the SH that we have a strong future. So far, in my opinion, they have not.

Now, I would be all for the move if our current SP was $2-$3 but at 20 cents, no way.

I have held shares in a company that did a share reconciliation and that turned out to be a disaster. All that happened was that the SP was driven down further but instead of having 100,000 shares you now had 5,000.

With the SP being at its current level, it would be disastrous to allow such a move.

I know some people will come at me for daring to state such negativity but we have to look at this honestly.

If Brn have a solid contract that would warrant such a move then ok let’s hear it but if it’s just in the hope that it will make it better, no way.

If at the AGM the SP is still as it is currently then I’m voting NO and urge others to do so.
Just my opinion.
1741134238164.gif



All the BOD has done the last few years is screw us SH when it’s come to announcements and keeping us more informed then I think they can.
So come on BOD give us a roadmap or something they will satisfy us shareholders because atm it’s looking dire
 
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manny100

Top 20
Ericsson has some neuromorphic usage mentioned in his patens, right? (wording: "like Intel Loihi2, Aikda...")

Ericsson Research developed a radio receiver prototype for Intel’s Loihi 2 neuromorphic AI accelerator based on neuromorphic spiking neural networks, which reduced the data communication by 75 to 99% for energy efficient radio access networks (RANs).
Source: https://community.intel.com/t5/Blog...s-How-Intel-Labs-Neuromorphic-AI/post/1588697

So, actually I guess no Akida...

Have also a view here: https://ai-ran.org/mwc-2025/


View attachment 78646
Can't see how Loihi can beat us. Intel Loihi at the moment is only a research chip so it's not for commercial use.
Good to trial and compare with others such as AKIDA but that is about it.
 
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rgupta

Regular
Good luck you folks in the cyclones path.
Good luck to the Ukrainians fighting for their lives.
Good luck to us all, living in the world whilst Trump's in power.
And good luck to us BrainChip holder's.
Here's hoping Sean and our board have our best interests in heart.
GLTAH 😅
One thing for sure whenever shorts become active brainchip have a news or two to support them. Like last time when they started their act , Antonio told us sp will do what it has to do. Then we are out of asx 200 and pressure build on holders, shorters close some positions, then again company make a credit raise and more than 2% shorts closed their position in a day. But Sean was telling us new institutions investors will be on board after this CR.
Now they increased their activity since last month and we got that unnecessary news of Anil no more a substantial holder even the same news was given in 2023, there was a lot of pressure on sp and then come out annual report, no one was expecting more than what they told us but accompany that with another on market sell off of 40 million shares and a plan to redomicile to US without any plans, how it will be materialized.
So all these circumstances I can only hope team brainchip is on our side and not the other way around.
Hope sustains life, but think rationally why they cannot find anyone better than LDA all the times?, do we need the same CFO without getting through any better financial deals? Matter of fact we are paying our CFO more than a million dollars in salary with a revenue of less than .4 million, with a work force of less than 70 persons and all the times making mistakes on asx announcements.
I think without a result we may need to change the whole team brainchip.
Dyor
 
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IMG_2217.png

Well here’s my nomination, because it can’t be any worse than what we have

1741135259420.gif
 
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Luppo71

Founding Member
There has already been a lot of debate about Brn redomiciling, Some say that it’s a great idea and some say not.
I am concerned about the fact that Brn have so far shown very little progress with revenue. Yes, I know that there are partnerships and Akida is being used in a variety of products and that interest is building but the SP keeps falling. Quite honestly I believe that most SH are currently waiting on progress but it just keeps getting delayed for various reasons.

I believe that if we vote for Brn to move to US exchange we will lose the ability to interact and have a say in the company’s future. I believe management needs to prove to the SH that we have a strong future. So far, in my opinion, they have not.

Now, I would be all for the move if our current SP was $2-$3 but at 20 cents, no way.

I have held shares in a company that did a share reconciliation and that turned out to be a disaster. All that happened was that the SP was driven down further but instead of having 100,000 shares you now had 5,000.

With the SP being at its current level, it would be disastrous to allow such a move.

I know some people will come at me for daring to state such negativity but we have to look at this honestly.

If Brn have a solid contract that would warrant such a move then ok let’s hear it but if it’s just in the hope that it will make it better, no way.

If at the AGM the SP is still as it is currently then I’m voting NO and urge others to do so.
Just my opinion.
Maybe they have no intention of doing it this year but instead
were just looking to see what sort of support they would get before the AGM.
Which i will say is not very much with an SP of 20c.
Remember the forum is a very small % of shareholders.
There is 43000 and i am sure there was a lot of those bought in over $1.
Looking for a nice boost first.
 
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Xray1

Regular
Maybe they have no intention of doing it this year but instead
were just looking to see what sort of support they would get before the AGM.
Which i will say is not very much with an SP of 20c.
Remember the forum is a very small % of shareholders.
There is 43000 and i am sure there was a lot of those bought in over $1.
Looking for a nice boost first.
One must be realistic ..... IMO, the decision / issue to relocate to the USA, has most likely already been made by the Top 20 s/holders.... this newly raised issue is just imo another deflection from the real issues at hand of there being no IP deals being made before this upcoming AGM.
 
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Maybe they have no intention of doing it this year but instead
were just looking to see what sort of support they would get before the AGM.
Which i will say is not very much with an SP of 20c.
Remember the forum is a very small % of shareholders.
There is 43000 and i am sure there was a lot of those bought in over $1.
Looking for a nice boost first.
There might be 43000 and I wonder how many out of them are currently happy apart from FF or whoever he is within the company
1741137585137.gif
 
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rgupta

Regular
One thing for sure whenever shorts become active brainchip have a news or two to support them. Like last time when they started their act , Antonio told us sp will do what it has to do. Then we are out of asx 200 and pressure build on holders, shorters close some positions, then again company make a credit raise and more than 2% shorts closed their position in a day. But Sean was telling us new institutions investors will be on board after this CR.
Now they increased their activity since last month and we got that unnecessary news of Anil no more a substantial holder even the same news was given in 2023, there was a lot of pressure on sp and then come out annual report, no one was expecting more than what they told us but accompany that with another on market sell off of 40 million shares and a plan to redomicile to US without any plans, how it will be materialized.
So all these circumstances I can only hope team brainchip is on our side and not the other way around.
Hope sustains life, but think rationally why they cannot find anyone better than LDA all the times?, do we need the same CFO without getting through any better financial deals? Matter of fact we are paying our CFO more than a million dollars in salary with a revenue of less than .4 million, with a work force of less than 70 persons and all the times making mistakes on asx announcements.
I think without a result we may need to change the whole team brainchip.
Dyor
We are back to almost all time high shorter activity.
Well done team brainchip keep it up !!!!!
 
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We are back to almost all time high shorter activity.
Well done team brainchip keep it up !!!!!
Maybe the company will surprise us with something special to create a massive short squeeze, but then again this is Brainchip and I’m expecting more negative news like dropping out of the asx 300

1741139056345.gif
 
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HopalongPetrovski

I'm Spartacus!
There has already been a lot of debate about Brn redomiciling, Some say that it’s a great idea and some say not.
I am concerned about the fact that Brn have so far shown very little progress with revenue. Yes, I know that there are partnerships and Akida is being used in a variety of products and that interest is building but the SP keeps falling. Quite honestly I believe that most SH are currently waiting on progress but it just keeps getting delayed for various reasons.

I believe that if we vote for Brn to move to US exchange we will lose the ability to interact and have a say in the company’s future. I believe management needs to prove to the SH that we have a strong future. So far, in my opinion, they have not.

Now, I would be all for the move if our current SP was $2-$3 but at 20 cents, no way.

I have held shares in a company that did a share reconciliation and that turned out to be a disaster. All that happened was that the SP was driven down further but instead of having 100,000 shares you now had 5,000.

With the SP being at its current level, it would be disastrous to allow such a move.

I know some people will come at me for daring to state such negativity but we have to look at this honestly.

If Brn have a solid contract that would warrant such a move then ok let’s hear it but if it’s just in the hope that it will make it better, no way.

If at the AGM the SP is still as it is currently then I’m voting NO and urge others to do so.
Just my opinion.
Hi Meatloaf.
My twopennysworth.🤣

Appreciate the sentiment but really don't think that being listed in Australia has allowed us much of a say in the company's future so far.

Yes, once or twice a year we get a meet and greet and an opportunity for a quick fang flash and a hearty handshake, which wouldn't be afforded us without the ASX listing, but frankly, so far, it hasn't really eventuated into much beyond that, and is reflected in our dismal share price.
Yes, it affords us, because it is mandated, a couple of seats on the board, but with no disrespect intended, I don't see that has brought us much value either and consider them as pretty much place holders and figure heads.

I know the company is making headway with expanding eco systems and we have received some solid endorsements from quite a few heavy hitter's but the fact remains that the company is in effect a black hole hoovering up considerable dollars in order to continue existing and producing very little of tangible benefit in return, apart from those drawing a pay check.

Granted, this is just how it is for pre revenue start ups in the tech world, particularly when they are introducing something radical and paradigm shifting.

But, the bottom line gets reached, sooner or later, for both we as individuals and ultimately for the company, as an entity itself.

Whilst Peter VDM was still actively involved dreaming up the tech and steering the bus from Western Australia it was understandable and an historic fact that we were listed on the ASX, but those days are well and truly past tense.
All that's left here now, apart from our large retail share holder base are the dried remnants of the previous institute and some relatively weak educational and minor industrial applications which, whilst welcome, are unlikely to make us a viable concern.

If the Board decides we are better served by redomiciing to the US I think it prudent for us to back them.
For all our intelligence, dot joining and assumptions, none of us are privy to what they know and are aware of regarding both BrainChip's opportunitys and obstacles.

Beyond the access to a larger overall market I think it likely being based in America will give us more credibility and credence, particularly among American investors and American players and companies which are likely to be our way forward.
Australia is a very minor player in the worlds affairs and whilst we may punch above our weight and all that, from a global standpoint, both economically and industrially, the ASX is a pygmy.

I think we all assumed this move would occur sooner or later and would prefer it under more favourable conditions, but again will state the obvious.

If we indeed managed to stamp our little foot and vote down this stated major objective of the Board, where exactly would that leave us?
I fear with a perhaps rudderless, certainly demoralised leadership group, handicapped by their own share holders.
Not a good position from which to move forward.
 
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Flenton

Regular
Maybe the company will surprise us with something special to create a massive short squeeze, but then again this is Brainchip and I’m expecting more negative news like dropping out of the asx 300

View attachment 78673
And maybe the at the AGM Sean will give heart felt speech with some truths in it.
What was said last year... something like we are close. Well at 51 I guess I am close to 100 in comparison to being close to 0.
 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
One must be realistic ..... IMO, the decision / issue to relocate to the USA, has most likely already been made by the Top 20 s/holders.... this newly raised issue is just imo another deflection from the real issues at hand of there being no IP deals being made before this upcoming AGM.

Hi Xray, I don’t think that the decision would have already been made by the Top 20. Tech posted recently that the “retail shareholder base currently holds 58.633% verses the Top 20 with 41.367%.”

I believe the BOD will need somewhere between 50%-75% of shareholders to vote “yes” for successful approval, in which case they will be relying on a great deal of us to get behind it.

I guess we have to ask ourselves why the BOD would even bother putting such a risky proposal forward, if the SP is still in the doldrums and if no other licences, cornerstone investors or other such positive news emerges beforehand, because as I’ve said before, that would have to be the most recklessly stupid idea I’ve ever heard of.

I hope that we receive some positive news of a material nature beforehand. If however, the BOD are simply planning on revealing a “detailed roadmap” (refer to Annual Report) of commercialisation goals, to try and sway us to approve, and if there is nothing genuinely material other than just a roadmap, then I will be seriously unimpressed, and that would be a massive understatement.
 
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Getupthere

Regular
Nine weeks remain until the AGM, and the announcement about relocating to the U.S. stock exchange appears to be a calculated attempt to divert shareholders’ attention from the core issue.

The crux of the matter lies in Sean’s five-year plan failing to deliver the anticipated results after more than three years into the plan.

They assert that the relocation will take nine to twelve months, conveniently providing management with another AGM and another year to evade delivering substantial revenue or new IP sales.

Brainchip’s decision to execute LDA following such disheartening announcements further highlights the poor management of our company.
 
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