BRN Discussion Ongoing

[Vladsblood]

Shorters are likely the same in all western markets. Having a platform to inform tech investors that a company is a publicly listed company on the most liquid and widely recognized exchange is a plus. A big plus! That means NYSE or NASDAQ. Especially for tech companies. That is where the action is.

All the investor meetings, or even tech meetings like today's with ARM flop for likely investors when they find out the main exchange is in Australia. Really not many are going to jump through the hoops to set up an account and invest there. Yes I know that there are other exchanges where shares can be purchased but these are so illiquid that they dampen even the most fervent investor.

With me being an exception. Ugh.

What do you think ....when a company with a potent product that has world wide appeal....what percentage of them think list ASX first or even second I'll round it off....almost none. NONE.

Well put charles2, With the ASX being less than 2 percent of world markets we really do need "ASAP" to be on the premiere of Tech...NASDAQ.
IMO we will be at the top of Nasdaq's favorites list soon after our full listing!! Our rightful place too I might add. Cheers charles2 and Brainchip Crew. Vlad.

 

[manny100]

I don't think the betamax analogy applies. Betamax was a consumer product where technical capability is not the foremost consideration. Licensing IP for SNNs is a different kettle of fish where technical capabilities are paramount. SNN IP customers are not going to buy a product because it does not clash with the aspidistra.

The questions @SERA2g posted a page back show that the questioners were familiar with NNs but, unless they were Dorothy Dixers) did not know the details of Akida. For instance, one questioner asked about quantization and sparsity. On quantization, Akida started with (and still has) 1-bit weights and activations and this has now been expanded to 8-bit. Akida takes sparsity to a whole new level with N-of-M coding. But because this question was rolled in with several other questions, Nandan did not address it. There was one slide which showed that a comparison system achieved 92% accuracy (I think it was to do with de-noising, but don't quote me), and Akida with TeNN achieved 97% with significantly lower resources.

View attachment 36144

I was hoping for more such comparisons in the talk, particularly highlighting the capabilities of ARM M85 combined with Akida 2.

Yep, Betamax only serves as a caution to get the target market and marketing right.
So far BRN seem to have that worked out.
Sean says that the BOD was presented with a plan which was approved.

 

[FabricatedLunacy]

I don't think the betamax analogy applies. Betamax was a consumer product where technical capability is not the foremost consideration. Licensing IP for SNNs is a different kettle of fish where technical capabilities are paramount. SNN IP customers are not going to buy a product because it does not clash with the aspidistra.

The questions @SERA2g posted a page back show that the questioners were familiar with NNs but, unless they were Dorothy Dixers) did not know the details of Akida. For instance, one questioner asked about quantization and sparsity. On quantization, Akida started with (and still has) 1-bit weights and activations and this has now been expanded to 8-bit. Akida takes sparsity to a whole new level with N-of-M coding. But because this question was rolled in with several other questions, Nandan did not address it. There was one slide which showed that a comparison system achieved 92% accuracy (I think it was to do with de-noising, but don't quote me), and Akida with TeNN achieved 97% with significantly lower resources.

View attachment 36144

I was hoping for more such comparisons in the talk, particularly highlighting the capabilities of ARM M85 combined with Akida 2.

No. I get most of this. And I also saw the accuracy vs power consumption as a positive. Yes different target market etc etc... Maybe betamax was a poor example, but the point I tried to make is still remains, in that the best product does not always win.

 

[manny100]

No. I get most of this. And I also saw the accuracy vs power consumption as a positive. Yes different target market etc etc... Maybe betamax was a poor example, but the point I tried to make is still remains, in that the best product does not always win.

I think you are right in that once you have the product its a lesson in identifying the target market and having a great marketing plan.
The Betamax lesson would have been discussed internally at BRN for sure.
It would be used as a case study in loads of businesses.
One big advantage we have is unlike Betamax had VHS as an inferior competitor and lost out. ATM there is no competitor anywhere near as close to BRN.
To disrupt and be accepted you need a materially better product which is what BRN has.

 

[FabricatedLunacy]

I think you are right in that once you have the product its a lesson in identifying the target market and having a great marketing plan.
The Betamax lesson would have been discussed internally at BRN for sure.
It would be used as a case study in loads of businesses.
One big advantage we have is unlike Betamax had VHS as an inferior competitor and lost out. ATM there is no competitor anywhere near as close to BRN.
To disrupt and be accepted you need a materially better product which is what BRN has.

Very true! And Betamax is not the only business that failed despite being better, so I am have no doubt the clever heads we have at BRN know this better than anyone.

I am also still very much convinced about our product and keep adding more stock when I can. But like many have said here, it would be great to see some traction, or at the very least a more realistic time frame. 2022 came and went and it seems so might 2023. Maybe AGM will yield some big champangne popping moments... And yes yes yes SP is not an indicator of success at this point in our journey.

Either way lets hope we soon see what we all know can be true..... Akida Everywhere... on the bus, the rocket, the moon and my pocket (new phone anyone?).

 

[Slade]

Good morning all,

I thought that the tech talk was excellent, Nandan speaks very clearly and deliberately in an attempt to get his message out as
clear as possible, and that's part of his job in Marketing, communication is key, shutting down misconceptions and/or misunderstandings
that could throw a potential client off in engaging with us in the first place and unintentionally telling his network of friends, hence spreading
misinformation about our Akida suite of products.

A number of posters on this forum have once again packaged this webinar up into the "nothing new to see" category, lets be clear here,
this webinar was targeted at developers, companies in or looking at getting into the AI product development space, not Australian Mum
Dad investors wanting to hear that revenue is flowing in and we've just signed Samsung so the share price will burst through the $2.00
mark again in 5 trading days !

Our exposure has never been this engaging before, all the different departments within the Brainchip organization are working hard, all
with the same team goal, to spread the message, to deliver brilliance to current and future clients, to make the ease to market as uncomplicated as possible.

Some companies have already met us at the intersection, others may be 3/6/9/12 months away from that same point on the road, but once our
paths intersect, well, "once you're in, you're in for generations".

Rob spoke great as well..

Regards....Tech

Well said Tech. I couldn’t agree more.

 

[Learning]

Here is my little pick up on the Arm Tech Talk.

Early @ the 7.20 mark.

"The company like Veleo and Mercedes-Benz’s that have demonstrated Brainchip's technology on their concepts" Nandan.

Now, we know about Mercedes-Benz’s in the EQXX.

This is my first time hearing Veleo "have demonstrated Brainchip's technology on the concepts."

Or because I am new to Brainchip's. Since early 2021?

Learning 🏖

 

[Quiltman]

Quite aside from anything else, interesting thoughts from Stanley Druckenmiller in the AFR today.

Stanley ran money for George Soros for a decade and is said to have made more than a 30 per cent gross return for 30 years until he closed his firm Duquesne Capital to outside capital in 2010, had plenty of gold at the Sohn conference in New York on Tuesday night.

Happily, Druckenmiller said the hard landing will throw up interesting investment ideas for the patient with artificial intelligence chief among them.

“You’re going to have unbelievable opportunities in the next couple of years. There’s a lot of dispersion within industries, and just make sure to preserve your capital until they present themselves,” he says.

His family office is long on Microsoft and AI chipmaker Nvidia, which Druckenmiller suggests looks all but recession-proof given its leverage to the AI revolution.

“I actually think there is a very, very real possibility it could be every bit as impactful as the internet.”

 

[MrRomper]

Very true! And Betamax is not the only business that failed despite being better, so I am have no doubt the clever heads we have at BRN know this better than anyone.

I am also still very much convinced about our product and keep adding more stock when I can. But like many have said here, it would be great to see some traction, or at the very least a more realistic time frame. 2022 came and went and it seems so might 2023. Maybe AGM will yield some big champangne popping moments... And yes yes yes SP is not an indicator of success at this point in our journey.

Either way lets hope we soon see what we all know can be true..... Akida Everywhere... on the bus, the rocket, the moon and my pocket (new phone anyone?).

FL. Just following on from your comments in relation to Betamax. We as Brainchip have competition and it was highlighted by our Chairman at last years AGM. See below.

I also included the second paragraph as it is very important about listening to our 'Partners and industry'! This is seen in the improvements or additions to AKD1000.

Onwards and upwards.

 

[FabricatedLunacy]

FL. Just following on from your comments in relation to Betamax. We as Brainchip have competition and it was highlighted by our Chairman at last years AGM. See below.
View attachment 36162
I also included the second paragraph as it is very important about listening to our 'Partners and industry'! This is seen in the improvements or additions to AKD1000.

Onwards and upwards.

Thanks El Romps!

Hopefully this is us with ARM/Intel Foundry/Megachips/Renesas and co...

 

[manny100]

Very true! And Betamax is not the only business that failed despite being better, so I am have no doubt the clever heads we have at BRN know this better than anyone.

I am also still very much convinced about our product and keep adding more stock when I can. But like many have said here, it would be great to see some traction, or at the very least a more realistic time frame. 2022 came and went and it seems so might 2023. Maybe AGM will yield some big champangne popping moments... And yes yes yes SP is not an indicator of success at this point in our journey.

Either way lets hope we soon see what we all know can be true..... Akida Everywhere... on the bus, the rocket, the moon and my pocket (new phone anyone?).

I am backing in 2024 for meaningful revenue. But as we get closer a 'whiff' of success will fuel market expectations sometime this year should flow through to the SP.

 

[BaconLover]

refugees, we want to stop climate change, we want to save animals from extinction AND Russia wants to take over Ukraine (the breadbasket of Europe). Then there are heat pumps, solar and wind power. Animals, i.e. protection of species! All of this is really a reason why some people don't invest in stocks at the moment!

With due respect Sirod69, No.
These aren't the reasons people aren't investing money in stocks.

Increasing debts.
Interest rate hikes.
Inflation rate rises.
Increasing Property rates and rent rates.
Pressure on common man and woman to sustain livelihood while the beaurocrats and politicians divide and rule the unaware public.

There are many other reasons but climate change isn't why people aren't spending money on stocks.
- Animal extinction isn't why people aren't spending money on stocks.
- Russian "invasion" isn't why people aren't investing in stocks. (USA has been conquering and destroying/bombing nations for decades, stock markets have done fine).
- Climate change isn't a reason for investors to stay away, climate has been changing on earth for billions of years, no one can stop it.

BRN share performance has got nothing to do with these, I know these reasons will be shown to justify the poor performance, but many companies have done fairly well over the last couple of years, so let's not make excuses here.

My opinion only and apologies if it's different to yours.

 

[SERA2g]

Here is my little pick up on the Arm Tech Talk.

Early @ the 7.20 mark.

"The company like Veleo and Mercedes-Benz’s that have demonstrated Brainchip's technology on their concepts" Nandan.

Now, we know about Mercedes-Benz’s in the EQXX.

This is my first time hearing Veleo "have demonstrated Brainchip's technology on the concepts."

Or because I am new to Brainchip's. Since early 2021?

Learning 🏖

Hi Learning

Great pickup, other listeners noticed it also.

You're correct. There are no publicly available demonstrations of akida running on a Valeo concept.

If we go back a year or two Valeo did a presentation/demonstration on their Scala 3 LiDaR concept. During that presentation, one of the viewers (undoubtedly a shareholder of Brainchip) submitted a question asking the presenters if they were using akida. The host of the presentation innocently asked that question and the two presenters hesitated, looked at each other, kind of laughed/smiled and then said words to the effect of 'we are not ready (or not here) to talk about our partners'.

It was very telling at the time and this forum lit up with people having a laugh and assuming that akida was all but assured to be Valeo's chosen technology for their LiDaR purely based on the presenters response and demeanour when answering/avoiding the question.

Since then, I don't think there has been any additional dots joining akida/Scala 3 LiDaR together, until now.

It is possible Nandan has let slip a biggie.

How big? Well, Valeo has already registered orders for their technology in excess of $1B, so very big. Company making big.

 

[Boab]

All trades after the close. unusually none of them were XT (Cross Trades)

 

[alwaysgreen]

Hi Learning

Great pickup, other listeners noticed it also.

You're correct. There are no publicly available demonstrations of akida running on a Valeo concept.

If we go back a year or two Valeo did a presentation/demonstration on their Scala 3 LiDaR concept. During that presentation, one of the viewers (undoubtedly a shareholder of Brainchip) submitted a question asking the presenters if they were using akida. The host of the presentation innocently asked that question and the two presenters hesitated, looked at each other, kind of laughed/smiled and then said words to the effect of 'we are not ready (or not here) to talk about our partners'.

It was very telling at the time and this forum lit up with people having a laugh and assuming that akida was all but assured to be Valeo's chosen technology for their LiDaR purely based on the presenters response and demeanour when answering/avoiding the question.

Since then, I don't think there have been any addition dots joining akida/Scala 3 LiDaR together, until now.

It is possible Nandan has let slip a biggie.

How big? Well, Valeo has already registered orders for their technology in excess of $1B, so very big. Company making big.

What is our cut of the $1 billion?

1% is $10 million - not really a company maker but a good start!

3% - getting there.

Unfortunately, we don't have the figures for this. Also, we don't have a signed license agreement with Valeo yet. Hopefully an announcement prior to production?

 

[SERA2g]

What is our cut of the $1 billion?

1% is $10 million - not really a company maker but a good start!

3% - getting there.

Unfortunately, we don't have the figures for this. Also, we don't have a signed license agreement with Valeo yet. Hopefully an announcement prior to production?

I know you're a hard man to please based purely on your daily comments on this forum.

Consider this, Brainchip would benefit strongly from akida being implemented into a very significant product. We've had Mercedes say we're the bees knees, but akida still isn't in the market in a product that gives that final stamp of approval to confirm akida is the real deal. We still have people like shareman gallavanting around HC telling people our CEO has confirmed no one wants our technology with impunity.

LiDaR technology is cutting edge. It'll be an extremely big and rapidly growing market by 2030, probably even sooner.

If akida is at the forefront of Valeo's entry into that market the impact of akida's involvement will be more to Brainchip than just the revenue coming out of that involvement.

You should think about the bigger picture.

 

[alwaysgreen]

I know you're a hard man to please based purely on your daily comments on this forum.

Consider this, Brainchip would benefit strongly from akida being implemented into a very significant product. We've had Mercedes say we're the bees knees, but akida still isn't in the market in a product that gives that final stamp of approval to confirm akida is the real deal. We still have people like shareman gallavanting around HC telling people our CEO has confirmed no one wants our technology with impunity.

LiDaR technology is cutting edge. It'll be an extremely big and rapidly growing market by 2030, probably even sooner.

If akida is at the forefront of Valeo's entry into that market the impact of akida's involvement will be more to Brainchip than just the revenue coming out of that involvement.

You should start thinking about the bigger picture.

Please don't tell me how to think.

I'm a huge supporter and cheerleader for Brainchip and hold more shares than I probably should. I sold 9% of my holding at $2.13 but haven't sold another on the way down.

I'm just referring to your comment that our involvement with Valeos $1 billion order (which is currently not confirmed to be us), is company making. That is extremely misleading given the likely royalties would be in the vicinity of 1 or 2 percent (happy to be proven wrong). It wouldn't even cover our current outgoings.

I'm all for supporting Brainchip but throwing out comments like that could cause an uninformed investor to splash their hard earned on pure speculation.

 

[alwaysgreen]

I know you're a hard man to please based purely on your daily comments on this forum.

Consider this, Brainchip would benefit strongly from akida being implemented into a very significant product. We've had Mercedes say we're the bees knees, but akida still isn't in the market in a product that gives that final stamp of approval to confirm akida is the real deal. We still have people like shareman gallavanting around HC telling people our CEO has confirmed no one wants our technology with impunity.

LiDaR technology is cutting edge. It'll be an extremely big and rapidly growing market by 2030, probably even sooner.

If akida is at the forefront of Valeo's entry into that market the impact of akida's involvement will be more to Brainchip than just the revenue coming out of that involvement.

You should think about the bigger picture.

And yes I am a hard man to please

 

[SERA2g]

Please don't tell me how to think.

I'm a huge supporter and cheerleader for Brainchip and hold more shares than I probably should. I sold 9% of my holding at $2.13 but haven't sold another on the way down.

I'm just referring to your comment that our involvement with Valeos $1 billion order (which is currently not confirmed to be us), is company making. That is extremely misleading given the likely royalties would be in the vicinity of 1 or 2 percent (happy to be proven wrong). It wouldn't even cover our current outgoings.

I'm all for supporting Brainchip but throwing out comments like that could cause an uninformed investor to splash their hard earned on pure speculation.

Please point out where I said akida is in Valeo's LiDaR.

I've highlighted some key words for you below to assist with reinterpreting my post.

The one requirement for it to be company making would be that akida needs to be involved. I did not say it was and I don't think I need to point out that akidas involvement is a requirement as it is blindingly obvious that is the case.

"It was very telling at the time and this forum lit up with people having a laugh and assuming that akida was all but assured to be Valeo's chosen technology for their LiDaR purely based on the presenters response and demeanour when answering/avoiding the question.

Since then, I don't think there have been any addition dots joining akida/Scala 3 LiDaR together, until now.

It is possible Nandan has let slip a biggie."

Edit: Re your 9% holding at $2.13, that does suck. I have been buying on the way down when I've felt there's value in buying. I think the most I've paid is in the 90s but it was a small amount. I've always had the attitude that I'm buying this for the long term and that any shares bought under $1 will be considered 'good buying' when we fast forward to the future and see where Brainchip goes. If Brainchip achieves the success I personally believe it'll achieve, your $2.13 shares will be good buying also.

Brainchip won't "be successful" and remain a $1 share forever.

It'll either fail completely or succeed significantly. I don't think there's an in-between for a company like Brainchip.

 

[Tothemoon24]

Could Intel be adding some secret sauce later this year …​

​

Intel’s new laptop chips could leave the MacBook in the dust - here’s how​

By Christian Guyton,
17 hours ago

Intel’s had a fairly rough start to 2023, but there could be good news on the horizon for the company: namely, the upcoming Meteor Lake CPUs. According to well-respected hardware leaker Moore’s Law Is Dead (MLID) on YouTube , inside sources have suggested that the new chips could be among the best processors ever made – and cause problems for all of Intel’s key competitors, but in very different ways.

The first area to discuss is the Intel integrated GPU (iGPU) that’ll come loaded on the new Meteor Lake chips, which are expected to launch later this year, but apparently only for laptops. Intel’s Iris Xe integrated graphics have made a reasonable case for ditching dedicated graphics cards so far, but if MLID’s info is accurate, the new chips could provide a huge boost to integrated graphical performance.
Amusingly, MLID’s source is in fact not from Intel, but rather from a leaked internal slide from AMD, comparing its new ‘Phoenix’ APUs to Nvidia GPUs and a predicted performance stat for a 45W Meteor Lake chip. As MLID notes, AMD placed the Intel chip just behind its competing Phoenix Ryzen chip, but it’s possible – likely, even – that AMD is underestimating here.

In terms of graphical performance, that places the new Meteor Lake chip somewhere between the Nvidia GTX 1650 and RTX 3050 . Sure, the 1650 might be three years old at this point, but it’s the most popular GPU at the time of writing according to Steam’s Hardware Survey .
This could spell trouble for Nvidia; I’ve meditated in the past on the prospect of integrated graphics replacing dedicated GPUs altogether, and this looks like a step in that direction. It might prove worrisome for AMD too, which has been pushing ahead with iGPUs for ultra-thin gaming laptops and devices like the kick-ass Asus ROG Ally .

Power is everything - even for Apple​

Of course, the Apple M2 chips found in laptops like the 2022 MacBook Air will probably still just about outperform these chips in terms of raw graphical capabilities (the base M2 is roughly comparable to an Nvidia RTX 3060) – but boosted iGPU power isn’t all Intel has up its sleeve.

MLID claims that laptop manufacturers could be looking at a serious step up in battery life with Intel’s new chips – something that Apple’s MacBooks have long lorded over competing hardware. The removal of a discrete GPU as a hardware requirement will save a lot of power, as well as potentially creating more space inside a laptop chassis for a bigger battery.
We’ve noted in the past that Meteor Lake could be amazing for laptop batteries, and this is further proof. With these new chips, the best ultrabooks could finally compete on a meaningful level with the incredible battery life of the latest MacBook Pro 14-inch (2023) , without compromising on performance.
We really might not be that far off from seeing some amazing gaming laptops running on iGPUs; for whatever it’s worth, I really hope Intel (and AMD) can deliver. And based on the quarter it’s had, I’m sure its execs do, too…

Intel's problems are not unique to the California-based company; every tech firm has been struggling, between the war in Ukraine, manufacturing backlogs from COVID lockdowns, and a litany of global economic issues. An overall drop in laptop sales across the board hasn’t helped.
But Intel has been badly hit – as our friends at PCGamer have reported, Team Blue reported record losses in its most recent financial results, losing a whopping $2.8 billion in just three months, accompanied by a brutal 36% drop in overall revenue compared to the same period in 2022.
In a recent corporate statement, Intel claimed that it is “focused on identifying cost reductions and efficiency gains through multiple initiatives”, which is a polite way of saying that budgets will be slashed and staff will be let go. Here's hoping the new chips can steady the ship.