BRN Discussion Ongoing

[manny100]

More from America's Seed FAund.
Interesting that Blue Ridge Envisioning (acquired by Parsons Corporation) and are a partner of BRN have development projects for defense through America's Seed Fund.
See the link below:
Award | SBIR
MENTAT PROJECT " The BrainChip Akida Event Domain Neural Processor development environment will be utilized for demonstration as it provides a simulated execution environment for running converted models under the discrete, low quantization constraints of neuromorphic hardware. In the option effort we pursue direct Spiking Neural Network (SNN) implementation and compare performance on the Akida hardware, and potentially other vendor’s hardware as well. We demonstrate the capability operating on real hardware in a relevant environment by conducting a data collection and demonstration activity at a U.S. test range with relevant EW emitters."
and another project:
Award | SBIR
Navy Facility Health monitoring and prioritisation. - " The BrainChip Akida Event Domain Neural Processor development environment will be utilized for demonstration as it provides a simulated execution environment for running converted models under the discrete, low quantization constraints of neuromorphic hardware."
Again check the timelines from start to finish at the bottom of the links. After project finish it then takes time to put to practical use..

 

[AusEire]

Do we actually know BRN is going to the NASDAQ are people just making things up ?

Making things up. No exchange has been mentioned

 

[HopalongPetrovski]

I thought that was the case. A lot of people jumping to conclusions before actually knowing the full plan.

Aye, but there's the rub.
It is exceedingly unlikely that we, as retail share holders with our relatively modest holdings will ever actually, know a full plan.
Perhaps if we ever managed by hook or by crook to somehow amass enough to be classified as soph's we might get a little more access and information.
But at our level, our involvement will mostly and mainly be motivated by instinct and hope and mainly driven by greed and fear.
It is what it is and sometimes we get it right, sometimes we get it wrong.

The other factor to consider is that both we and the Companies we invest in are acting in a dynamic environment which is subject to further change over time, which cannot always be accurately predicted.
So, as in battle, it's often the case that no plan survives contact with the enemy.
And this is why they are all (wisely) reticent to put on the record just what they are intending to do, going forward.
I know it sucks.
But, as Ned is reputed to have said, "such is life".

 

[Rach2512]

America's Seed Fund:
Here is the history of Quantum Ventura/AKIDA history of the development of the " only game in town cybersecurity".
The development was funded by America's Seed Fund.
Worth a read to appreciate how long it takes to go from start to finish. see bottom of the link.
Solicited by QV in 2021, commenced in April 2022, finalized in April 2024. It appears Lockheed-Martin was not involved until after April'24.
Obviously saw the $$$$ signs flashing.
Another interesting point is that the development included comparing AKIDA against Intel Loihi. Obviously AKIDA won hands down.
As Loihi is a research chip and not commercially available its obviously only used as confirmation of AKIDA performance.
Have a read of the link. Its very interesting.
There are a few projects AKIDA has been involved in with Seed fund $.
AKIDA makes other products better.
Award | SBIR

Thanks @manny100 for sharing the link, very impressive all those thorough tests and Brainchip came out on top, I can see why we are inundated with downrampers, they must be feeling very nervous of what's coming, I wouldn't want to be in their shoes when news drops, how do they sleep at night.


Abstract
As part of Phase 1 feasibility study, we evaluated the viability to develop a real-time HPC-scale neuromorphic cyber agent software called Cyber-NeuroRT. We evaluated several scalable neuromorphic techniques to detect and predict cybersecurity threats, compared full precision machine learning models with neuromorphic models and developed an end-to-end Proof of Concept (POC). Upon completion of Phase 2 prototype, we will produce dramatic reductions in latency and power--up to 100x--without sacrificing accuracy. This will enable quicker response times and savings in operating costs. Cyber-NeuroRT will be a real-time neuromorphic processor-based monitoring tool to predict and alert cybersecurity threats and warnings using the Neuromorphic Platforms of Intel Loihi 1 and BrainChip Akida. For our Phase 1 POC development, we used 450,000 Zeek log entries with a mixture of normal and malicious data for training the supervised ML models. As part of our study, we covered the following: Cyber Attack types covered – 8 attack types: backdoor, DDOS, DOS, injection, password, ransomware, scanning and XSS, Source files – Zeek log files and Packet Capture Format files (PCAP) containing both malicious and normal records. We used both Supervised and Unsupervised algorithms. We used algorithms including SNN and CNN-to-SNN conversion with unsupervised learning and supervised learning rules. To build a full-fledged prototype of Cyber-Neuro RT, we plan to transition the proof-of-concept work to scale to a large data set with additional threat types and other datasets from an HPC environment. HPC environments operate at larger scales than traditional IT domains and our solution should be able to monitor and predict events at more than 160,000 inferences per second. Tuning of Spike Neural Networks (SNN) parameters such as precision of weights and number of neurons used are two software parameters to explore. The chip can be tuned between high v. low power modes and performance can be studied as a function of power draw. Evaluation will be performed across a variety of datasets and parameter settings to estimate deployment performance. We will work on efficiency scaling of SNN algorithms in terms of accuracy and hardware metrics like power and energy consumption. Since cybersecurity attack classification is a temporal process, we will leverage recent advancements in the algorithm community to map temporal dynamics of SNNs to recurrent architectures. Further, to adapt to novel attack vectors, we will explore unsupervised learning techniques in a dynamic network architecture where we will grow or shrink the network as and when novel attack vectors arise. We will also perform an algorithm-hardware co-design analysis by ensuring that our algorithm proposals cater to and consider specific constraints from Akida or Loihi processors like network size, bit quantization levels, among others. 3.1 Some of the features of Cyber-NeuroRT prototype shall include: Ability to monitor, predict and provide system wide alerts of impending cybersecurity threats and warnings at scale by collecting and prioritizing data from Zeek logs and PCAP files streamed in real-time or batch. We will expand and refine different training techniques like CNN to SNN conversion, direct backpropagation training through surrogate gradient methods or local unsupervised Spike Timing Dependent Plasticity (STDP) enabled approaches. Compare performance of threat detection between neuromorphic processing vs GPU-based systems and compare between Akida and Intel Loihi processors. Ability to process the data system-wide at an unprecedented scale enabling adaptive, streaming analysis for monitoring and maintaining large-scale scientific computing integrity. Dashboards for security administrators and security analysts.

 

[Guzzi62]

Do we actually know BRN is going to the NASDAQ or are people just making things up ?

Making things up. No exchange has been mentioned

Nasdaq is the most likely one if you look at cost and requirements?

Though NYSE constitutes the most prominent market capitalisation, NASDAQ lists more companies. NASDAQ also has relatively limited regulations and requirements, making it advantageous for start-ups to join the NASDAQ wagon.

Some more info:

List of the Major US Stock Exchanges | Fi Money

Explore the top US stock exchanges, including NYSE and Nasdaq, their unique features, and their opportunities for investors. Discover the S&P 500's significance and other stock exchanges in the US market.

fi.money

 

[toasty]

I thought that was the case. A lot of people jumping to conclusions before actually knowing the full plan.

In a vacuum of information (i.e. the board keeping us in the dark) it is human nature to try to fill the void with whatever seems at least possible........

I have said before and I'll say again that I can't believe the BoDs would have even bought this up if they werent confident it'll get up. For whatever reason they are choosing to keep the real thinking from their long suffering shareholders.........

 

[Pom down under]

I thought that was the case. A lot of people jumping to conclusions before actually knowing the full plan.

So where else would we go if not the nasdaq?

 

[7für7]

Me..As I’ve been reading the posts here for days…

Oh wow, this is great news… the US offers more opportunities!”

“Oh no… an RS? We’re screwed…”

“Oh, he has a great argument… after all, we have connections to the Air Force.”

“Shit… he’s right… we’re definitely fuuuu…”*

“But wait… he has a good point, the manipulation rate on the ASX is high. Good thing the switch is happening!”

“Jesus Christ… to meet the criteria, the stock price really needs to be way above $2… how many shares will I even have left in the end?”

“HA! That’s right, he has a point! We have a year ahead of us… something significant will be announced by then!

 

[Pom down under]

Me..As I’ve been reading the posts here for days…

Oh wow, this is great news… the US offers more opportunities!”

“Oh no… an RS? We’re screwed…”

“Oh, he has a great argument… after all, we have connections to the Air Force.”

“Shit… he’s right… we’re definitely fuuuu…”*

“But wait… he has a good point, the manipulation rate on the ASX is high. Good thing the switch is happening!”

“Jesus Christ… to meet the criteria, the stock price really needs to be way above $2… how many shares will I even have left in the end?”

“HA! That’s right, he has a point! We have a year ahead of us… something significant will be announced by then!

View attachment 78758

Wished someone had opened a new topic as I’m losing track of anything worth reading now

 

[HopalongPetrovski]

So where else would we go if not the nasdaq?

Didn't Elon mention something about Mars?

 

[Pom down under]

Stay safe anyone who lives in the vicinity of Alfred and make sure your stock up on essentials supplies as I’ve been through a few in Cairns and learned the hard way

 

[Mccabe84]

So where else would we go if not the nasdaq?

Well a quick google says there's 13 different exchanges in the USA and new one opening up in Texas soon

 

[Pom down under]

All Crapperized FK!

They will all be gone soon enough once the SP starts heading north again hopefully.

 

[Diogenese]

I wish I had your confidence and faith in the company.

You say they would not fk over Australian shareholders, but i think that's exactly what they've been doing for the last few years (using LDA for funding, very little information flow, no significant deals, continually over-promising success and continually rewarding themselves with RSUs just to name a few things).

I'd hazard a bet that some of the non exec folk (chairman and directors) have made more money from Brainchip (salary and RSU's) than a lot of long term shareholders.

As for PVM, he has 150,000,000M shares (which he absolutely deserves as the founder), even at today's $.20 share price, he is still worth $30,000,000 AUD (plus what he has already sold). At his age, with that kind of money, he's set for life. He doesn't need to be too concerned about BRN or it's Australia shareholders.

I desperately want BRN to succeed, but something has to give here.....

Hi jrp,

Have to take issue with your statement that there has been "very little information flow".

Just recently: QV/DoE Cybresecurity/M2, Pico, ESA, FG, micro-Doppler radar, Bascom Hunter 3U VPX SNAP card, finalization of Akida 2 IP, ... the list goes on.

https://investors.brainchip.com/news

Admittedly, there has been little news on the revenue front other than the micro-Doppler contract., but, as I keep saying, I do think the release of the M2 board with QV's CyberNeuro-RT malware detection has a potentially unlimited market. Cybresecurity is an issue for all connected devices. M2 is a spin-off from the QV/DoE cybersecurity SBIR, and, while I haveen't seen the outcome of the DoE SBIR, the production of the M2 card suggests to me that the project has been successful in detecting and blocking malware. QV's Cyberneuro-RT was developed in conjunction with Lockheed and Penn State Uni, so it is possible/likely that Lockheed is quite familiar with Akida.

While there are software cybresecurity products available, near-real time cybresecurity is an unmet need and we have a COTS product to met thaat need.

On the down side, BRN "outplaced" its chip sales department a few years ago, so initial uptake may be slower than we would wish. BRN's marketing department will need to take up the slack in addition to promoting the edge box, edge server, PCIe, Raspberry Pi, ...

 

[Pom down under]

On the down side, BRN "outplaced" its chip sales department a few years ago, so initial uptake may be slower than we would wish. BRN's marketing department will need to take up the slack in addition to promoting the edge box, edge server, PCIe, Raspberry Pi, ...

 

[HopalongPetrovski]

Hi jrp,

Have to take issue with your statement that there has been "very little information flow".

Just recently: QV/DoE Cybresecurity/M2, Pico, ESA, FG, micro-Doppler radar, Bascom Hunter 3U VPX SNAP card, finalization of Akida 2 IP, ... the list goes on.

https://investors.brainchip.com/news

Admittedly, there has been little news on the revenue front other than the micro-Doppler contract., but, as I keep saying, I do think the release of the M2 board with QV's CyberNeuro-RT malware detection has a potentially unlimited market. Cybresecurity is an issue for all connected devices. M2 is a spin-off from the QV/DoE cybersecurity SBIR, and, while I haveen't seen the outcome of the DoE SBIR, the production of the M2 card suggests to me that the project has been successful in detecting and blocking malware. QV's Cyberneuro-RT was developed in conjunction with Lockheed and Penn State Uni, so it is possible/likely that Lockheed is quite familiar with Akida.

While there are software cybresecurity products available, near-real time cybresecurity is an unmet need and we have a COTS product to met thaat need.

On the down side, BRN "outplaced" its chip sales department a few years ago, so initial uptake may be slower than we would wish. BRN's marketing department will need to take up the slack in addition to promoting the edge box, edge server, PCIe, Raspberry Pi, ...

Hi Dio.
Could you please dumb it down a touch for me.
As far as a product goes do you see it as something that will be primarily used by enterprise grade operations such as data centres which would, I assume, have limited numbers, but would also be quite lucratively priced?

Is it likely that a product in a usb raspberry pi form factor that could be relatively cheaply produced in large quantities would be made available for purchase by the likes of me as a commercial personal cybersecurity device I could attach to my laptop/ desk computer?

As you say, I pay an annual subscription for software based security for my systems but would dearly like to supplement/ enhance my protection with something Akida based.
I agree, in that I see that as a potentially huge market for BrainChip to tap.
Indeed, possibly a Company making market.
Or am I just dreaming in this regard.
Thanks in advance.

 

[Cardpro]

"Moving to the US market now is like getting a new pen to get higher score for exams instead of actually studying. It’s a joke"

We don't really have much choice, with the changing dynamics, of the Largest Economy in the World.

Yes, we need more traction going in and that is likely still happening, as we "speak".

We don't need China.

But we do need America.

Approaching penetrating the US markets, with your mentality "now" is like saying..
"Well, you haven't done well there so far, let's see how you do, with one arm tied behind your back"..

Without any revenue, this isn’t about getting a better pen—it’s about learning the alphabet first before blaming the pen.

Sure, a better pen might help, but no one is going to hand them one for free. They need to prove they can actually use it. The reality is, they haven’t even shown us they can write, so why are we talking about writing with one arm tied? If we give them the pen, soon someone will take it away from us once they realise we don't know the alphabet (i.e. IP deals/revenue).

We don’t always get the best conditions. Sometimes, you just have to work with what you have. In this case, they need to land a deal first to tell us that they can write... it's not like we were doing well before Trump...

Imo dyor

 

[jrp173]

Hi jrp,

Have to take issue with your statement that there has been "very little information flow".

Just recently: QV/DoE Cybresecurity/M2, Pico, ESA, FG, micro-Doppler radar, Bascom Hunter 3U VPX SNAP card, finalization of Akida 2 IP, ... the list goes on.

https://investors.brainchip.com/news

Admittedly, there has been little news on the revenue front other than the micro-Doppler contract., but, as I keep saying, I do think the release of the M2 board with QV's CyberNeuro-RT malware detection has a potentially unlimited market. Cybresecurity is an issue for all connected devices. M2 is a spin-off from the QV/DoE cybersecurity SBIR, and, while I haveen't seen the outcome of the DoE SBIR, the production of the M2 card suggests to me that the project has been successful in detecting and blocking malware. QV's Cyberneuro-RT was developed in conjunction with Lockheed and Penn State Uni, so it is possible/likely that Lockheed is quite familiar with Akida.

While there are software cybresecurity products available, near-real time cybresecurity is an unmet need and we have a COTS product to met thaat need.

On the down side, BRN "outplaced" its chip sales department a few years ago, so initial uptake may be slower than we would wish. BRN's marketing department will need to take up the slack in addition to promoting the edge box, edge server, PCIe, Raspberry Pi, ...

Fair point! I should have specifically referenced "ASX Announcements".

 

[Pom down under]

https://gpabad.ac.in/wp-content/uploads/2024/03/Issue-2-technical-magzine_compressed.pdf

 

[HopalongPetrovski]

Anyone recall when the March rebalance of the ASX300 will be released?
I know its announced 2 weeks before the actual rebalance but can't seem to lay my hands on the actual dates atm.