H2 goes up
Member
If you're happy with $1, I'm going to call you a non-believer in Akida, and might go as far as to call you a downramper.
I'm a newbie as I have only held for about 8 years. Back then, Brainchip Studio was the big thing. It was going to pick up casino croupier's errors and detect firearms in school surveillance footage. Now, if that was a possible use then, surely it still is. I'm willing to bet that someone is still working on it.
The Brainchip tech has come a long way since then and there are an innumerous uses for what it can do. Brainchip have been working with a long list of companies who either want to bring a product to market or protect themselves from invasion. Brainchip will have maneuvered themselves to the best financial outcomes. 'Best' being a trade-off between highest probability of a win and highest pay off.
It is possible that Akida will never end up being sold or at least in enough quantities as to make reasonable money. If so, a lot of reputable companies have been tricked into using resources on something that isn't any good. The possibility of it being a flop will require a flock of Black Swans to fly over.
So, why is it 21c now? Well, Brainchip have a lot of runs on the board for promising and not delivering. There have also been a lot of 'conscientious' investors adding to the expectations which have not been delivered. The 'conscientiousness' lifted the share price to the infamous $2.34 years ago when the company had far less to offer and some of the current advanced engagements weren't a twinkle in Brainchip's eye.
An informed market would know of Brainchip's potential and they would know of the years of non-delivery. Some of that market would have piled in before and got burnt. Maybe, more than once. That market is waiting to see real revenue or at least a watertight promise of it.
"One decent contract will make us profitable overnight" (yeah, that might not be verbatim). One contact profitable, two, very profitable as the incremental cost of selling IP is negligible. One contract is (almost) proof to other customers that Akida is valuable. Once contract leads to two and two, to four. Most contracts will have a licensing fee and down the road, royalties. A bit of expenditure on R & D and some corporate cost and the rest is profit. No need to market it anymore, everyone will want it.
The future has 3 options. 1. A flock of Black Swans fly over and we all remember how we lost our money. 2. Brainchip flounders around for a while and eventually the spoils of billions of dollars spent on edge AI go to a competitor (who may not yet exist). Or 3. A number of the current engagements turn into contracts and some new engagements turn into contracts and the success of the first adopters lead to a feeding frenzy and the 'conscientious investors' return with more conscientious investors and ...
You put probablilities on the three options (or add some more options). I'm not going to make the mistake of selling at $1 to watch if go to many dollars. I'm okay to not sell at $1 and watch it go back to 10c (again).
Cheers to everyone and lets hope option 3 wins and the sooner the better.
H2.
I'm a newbie as I have only held for about 8 years. Back then, Brainchip Studio was the big thing. It was going to pick up casino croupier's errors and detect firearms in school surveillance footage. Now, if that was a possible use then, surely it still is. I'm willing to bet that someone is still working on it.
The Brainchip tech has come a long way since then and there are an innumerous uses for what it can do. Brainchip have been working with a long list of companies who either want to bring a product to market or protect themselves from invasion. Brainchip will have maneuvered themselves to the best financial outcomes. 'Best' being a trade-off between highest probability of a win and highest pay off.
It is possible that Akida will never end up being sold or at least in enough quantities as to make reasonable money. If so, a lot of reputable companies have been tricked into using resources on something that isn't any good. The possibility of it being a flop will require a flock of Black Swans to fly over.
So, why is it 21c now? Well, Brainchip have a lot of runs on the board for promising and not delivering. There have also been a lot of 'conscientious' investors adding to the expectations which have not been delivered. The 'conscientiousness' lifted the share price to the infamous $2.34 years ago when the company had far less to offer and some of the current advanced engagements weren't a twinkle in Brainchip's eye.
An informed market would know of Brainchip's potential and they would know of the years of non-delivery. Some of that market would have piled in before and got burnt. Maybe, more than once. That market is waiting to see real revenue or at least a watertight promise of it.
"One decent contract will make us profitable overnight" (yeah, that might not be verbatim). One contact profitable, two, very profitable as the incremental cost of selling IP is negligible. One contract is (almost) proof to other customers that Akida is valuable. Once contract leads to two and two, to four. Most contracts will have a licensing fee and down the road, royalties. A bit of expenditure on R & D and some corporate cost and the rest is profit. No need to market it anymore, everyone will want it.
The future has 3 options. 1. A flock of Black Swans fly over and we all remember how we lost our money. 2. Brainchip flounders around for a while and eventually the spoils of billions of dollars spent on edge AI go to a competitor (who may not yet exist). Or 3. A number of the current engagements turn into contracts and some new engagements turn into contracts and the success of the first adopters lead to a feeding frenzy and the 'conscientious investors' return with more conscientious investors and ...
You put probablilities on the three options (or add some more options). I'm not going to make the mistake of selling at $1 to watch if go to many dollars. I'm okay to not sell at $1 and watch it go back to 10c (again).
Cheers to everyone and lets hope option 3 wins and the sooner the better.
H2.
It was a great opportunity to connect with leaders across the semiconductor industry and highlight how BrainChip’s Akida technology is shaping the future of intelligent computing at the edge A special thank you to our executives 
