BRN Discussion Ongoing

Taproot

Regular
Lower than 5% holding it appears, not a doing from Anil directly by the looks. All depends on shares on issue
Yes, I agree that the ceasing to be substantial holder is related to the 5%, which would most likely be a result of dilution. He has not sold any shares.
 
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White Horse

Regular
Monday December 04, 2023
BRN : ORDINARY FULLY PAID 1,805,814,685

This will certainly take Anil's holding to less than 5%.(threshold for Substantial holding))
 
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wilzy123

Founding Member
I totally agree that there is nothing to see here. But, it has created confusion at the very least.
It looks like Anil has made a transfer from his family trust to Merrill Lynch nominee account.
However that change does not seem to be reflected in the top 20 before and after the date of change.
Having the 2nd page of the document may or may not be helpful in understanding the release.

LMAO.....

Ok... here's the form.. you let us know if anything important is missing https://asic.gov.au/regulatory-reso...notice-of-ceasing-to-be-a-substantial-holder/

🤡🤡🤡
 
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Taproot

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Tothemoon24

Top 20
IMG_7982.jpeg
 
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FJ-215

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Is the Merrill Lynch (AU) Nominees holding on behalf of Anil?
I'm not sure it is BRN's fault. It is a personal holding so IMO it would be Anil's responsibility to lodge the form unless the Company Secretary has to watch all employees' shareholdings or Computershare or whoever it is does it.

SC
 
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Iseki

Regular
Hi All
Some will recall that I have previously posted a list of companies and institutions which have been confirmed as engaged with Brainchip either by Press Release, academic papers, ASX announcements or direct communications with the Director Investor Relations or the CEO Sean Hehir. Today I updated my list and was pleased to see that it has now reached 50 in number so I thought it was time to post it again here:

1. FORD

2. VALEO

3. RENESAS

4. NASA

5. TATA Consulting Services

6. MEGACHIPS

7. MOSCHIP

8. SOCIONEXT

9. PROPHESEE

10. VVDN

11. TEKSUN

12. Ai LABS

13. NVISO

14. EMOTION 3D

15. ARM

16. EDGE IMPULSE

17. INTEL

18. GLOBAL FOUNDRIES

19. BLUE RIDGE ENVISIONEERING

20. MERCEDES BENZ

21. ANT 61

22. QUANTUM VENTURA

23. INFORMATION SYSTEM LABORATORIES

24. INTELLISENSE SYSTEMS

25. CVEDIA

26. LORSER INDUSTRIES

27. SiFIVE

28. IPRO SILICONE

29. SALESLINK

30. NUMEN

31. VORAGO

32. NANOSE

33. BIOTOME

34. OCULI

35. CIRCLE8 CLEAN TECHNOLOGIES

36. AVID GROUP

37. TATA ELXSI

38. GMAC INTELLIGENCE

39. EDGX

40. EUROPEAN SPACE AGENCY

41 UNIGEN

42. iniVation

43. SAHOMA CONTROLWARE

44. MAGIK EYE

45. University of Virginia

46. University of Oklahoma

47. Arizona State University

48. Carnegie Mellon University

49. Rochester Institute of Technology

50. Drexel University

My opinion only DYOR
Fact Finder
Let's talk real facts.
We have 50 companies/organizations interested in our IP.
Some are chip makers, others are chip designers, others are chip consumers.
Is there no way we can put together a consortium of some of these companies to actually produce the Akida2000 chip, and share the profit in that chip?
If we can't do it for the Akida2000 chip, then how will we ever get to the Akida3000 chip and beyond?
How can we ever make a start on our journey given the clear evidence that not one of our 50 engagement partners is big enough to take on the risk alone of manufacturing a chip? (You might remember our exited VP of worldwide sales came from a company that sold chips that had already been produced. )
This isn't a negative post. If a consortium might get us over the momentum hump then why not try to set that up instead of waiting for another year to roll by?

Cheers, and merry xmas
 
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Easytiger

Regular
Look at the date in the top right corner ....15th July 2001 ????

Ceased to be a substantial holder on 31 / 10 / 2022.

Company thought they would inform the marked today 21 / 12 /2023.

Then forgot to also post page two of a two page legal document .....??????

* Looking at our last Annual Report Anil had 84,999,933 shares on31st Jan 2023, this document indicates he sold 100 shares , presently holds 84,999,833. Unless of course this is yet another mistake ????.


Who ever is incharge of handling & filling these documents needs to be fired on the spot.


F#^%ING Disgrace.

Esq.
Investor Relations ???
 
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Esq.111

Fascinatingly Intuitive.
Afternoon Easytiger ,

Another one for William Shatner to solve.
:rolleyes:,

Regards,
Esq.
 
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7für7

Top 20
Let's talk real facts.
We have 50 companies/organizations interested in our IP.
Some are chip makers, others are chip designers, others are chip consumers.
Is there no way we can put together a consortium of some of these companies to actually produce the Akida2000 chip, and share the profit in that chip?
If we can't do it for the Akida2000 chip, then how will we ever get to the Akida3000 chip and beyond?
How can we ever make a start on our journey given the clear evidence that not one of our 50 engagement partners is big enough to take on the risk alone of manufacturing a chip? (You might remember our exited VP of worldwide sales came from a company that sold chips that had already been produced. )
This isn't a negative post. If a consortium might get us over the momentum hump then why not try to set that up instead of waiting for another year to roll by?

Cheers, and merry xmas
Hmm… but who said that this is not the case? Just because we don’t now what’s going on behind the scenes, doesn’t mean they don’t work on it. We have to be patient that’s all. Just my opinion
 
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RobjHunt

Regular
Hmm… but who said that this is not the case? Just because we don’t now what’s going on behind the scenes, doesn’t mean they don’t work on it. We have to be patient that’s all. Just my opinion
Totally agree 110%.

More Pantene required peeps 😉
 
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Iseki

Regular
Hmm… but who said that this is not the case? Just because we don’t now what’s going on behind the scenes, doesn’t mean they don’t work on it. We have to be patient that’s all. Just my opinion
Fact: You can't purchase an Akida1500 or Akida2000 chip. Therefore the only possibility that something is happening is the possibility of a propriety chip for someone huge being made with revenue due down the track.

But if you look down FF's list of 50 companies, not many are large enough to do this.

If you think about it, we're asking them, say Ford, to spend tens of million dollars to invest in a proprietary chip that won't work without our IP.

No one, not even Ford would do this with their shareholders' funds. It makes more sense to just buy expensive NVIDIA chips.

So no one is manufacturing a chip that contains Akida IP.

So where do we go from here?

We can't continue like this. If BrainChip can't point to royalty income soon, the Board should be rolled. Give someone else a chance to fix the problem. Our secret Sauce is only in our IP . We need to back Akida IP, to get it into the market place before we die of hubris.

It's a shame that someone like FF should have had meetings and come back with nothing but the same company excuses. Better were he to come back to us and told us how they are going to tweak their marketing.
 
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wilzy123

Founding Member
It makes more sense to just buy expensive NVIDIA chips.

Oh god.

Something tells me your only DD is this forum, your stock watchlist, and motley fool articles.
 
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Diogenese

Top 20
Hmm… but who said that this is not the case? Just because we don’t now what’s going on behind the scenes, doesn’t mean they don’t work on it. We have to be patient that’s all. Just my opinion
Camels being horses designed by committee, I'm not sure a consortium is the best way to go. Who would be the cat-herder-in-chief?

The company has decided that its main business model will be in the licensing of Akida IP for customers to incorporate in their chips, rather than selling chips as a product.

As we know, this is a much longer time to market than simply making chips.

However, along the way, the company has gained an understanding that each customer has unique requirements, so a one-size-fits-all chip is not appropriate.

Akida IP now comes in 3 customizable flavours, e, s, p which can be incorporated into customer SoC including a processor.

https://brainchip.com/akida-generations/

e has up to 2 nodes (4*NPEs), and can be used for ultra-low power applications such as:
  • Vibration Detection
  • Anomaly Detection
  • Keyword Spotting
  • Sensor Fusion
  • Low-Res Presence Detection
  • Gesture Detection
at up to 200 MHz.

s has up to 8 nodes, and can be used for application such as:
  • Advanced Keyword Spotting
  • Sensor Fusion
  • Low-Res Presence Detection
  • Gesture Detection & Recognition
  • Object Classification
  • Biometric Recognition
  • Advanced Speech Recognition
  • Object Detection & Semantic Segmentation

at up to 500MHz.

- all without CPU intervention after initial configuration.

p has up to 256 nodes (1024 NPEs), and can be used for applications such as:

  • Gesture Detection
  • Object Classification
  • Advanced Speech Recognition
  • Object Detection & Semantic Segmentation
  • Advanced Sequence Prediction
  • Video Object Detection & Tracking
  • Vision Transformer Networks


Akida can be adapted for each different application by "programming" it with a model library of examples representative of the intended application.

The Akida neural network (NN) includes nodes of 4 Neural Processing Engines (NPE) interconnected by a switchable communication matrix so different arrangements of the NPEs can be configured to suit each different application. Usually the configuration will consist of three or more layers of NPEs, each with a selectable number of connexions with the NPEs in the following layer.

The configuration is "programmable" and not fixed. A processor (MCU, MPU, CPU, GPU) is used to set up the configuration but is not used for the basic classification/inference tasks, although it can also be used to utilize the output from the Akida silicon. The Akida IP will normally be manufactured as part of the same SoC as the processor.

Akida IP can be incorporated with any "standard" processor (processor agnostic).

We are in the "ecosystem" of ARM and IFS.

Renesas and MegaChips have Akida IP licences.

Prophesee and Valeo have products for which Akida is a natural fit.

VVDN is producing an Akida Edge Box.

Unigen and BrainChip are developing an Edge Server.

BRN is working with Lorser and separately Ipsilon on software defined radio

BRN is working with emotion3D and nViso on DMS.

In space, there's NASA, ANT61, EdgX.

The list goes on ...

Cybersecurity - Quantum Venture, DUTH.

RISC-V - SiFive.

Socionext - DMS, in-cabin radar ...

If we had any more irons in the fire, we'd need a blast furnace to keep them hot.

This was the BRN pre-CES announcement a year ago:

https://brainchip.com/brainchip-joi...rate-capabilities-of-akida-powered-solutions/

BrainChip Joins Technology Partners During CES to Demonstrate Capabilities of Akida-Powered Solutions​


Laguna Hills, Calif. – December 29, 2022
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it will be joining partners Prophesee, Socionext, and VVDN January 5-8 at CES to showcase compelling solutions on constrained edge devices, featuring its Akida™ processors. Akida processors simplify development by supporting today’s mainstream network models and workflows while being future-proofed for next-generation edge AI solutions.

BrainChip joins Prophesee at The Venetian Hotel as part of a technology showcase highlighting Prophesee’s Metavision® platform. BrainChip partners with Prophesee to optimize computer vision AI performance and efficiency to deliver next-generation platforms for OEMs interested in integrating event-based vision systems with high levels of AI performance coupled with ultra-low power technologies.

BrainChip joins Socionext in the Vehicle Tech and Advanced Mobility Zone, located in the Las Vegas Convention Center, North Hall in Booth 10654. Socionext will be showcasing its leading-edge technologies and solutions in automotive imaging, AI, and smart sensing to help customers develop feature rich custom SoCs that enable product differentiation with an added competitive edge. Socionext has played an important role in the implementation of BrainChip’s AI technology in SoCs and the companies are working together to satisfy the need for AI in edge computing. As part of this showcase, BrainChip will be highlighting its functionality with NVISO’s human-behavior software designed for the automotive in-cabin environment.

VVDN Technologies has more than a decade of experience in product engineering and manufacturing electronic solutions. VVDN offers a value proposition by being a one-stop shop for customers by offering complete hardware, software, mechanical, testing, prototyping, certification, and manufacturing services. The company’s focus is to help customers with their next technology innovation in the space of 5G, Wireless, AI/ML on Vision-based solutions, IoT, Cloud and Apps. To enable the same, BrainChip will be highlighting its industry leading technology at the VVDN Technologies Booth 10870 at CES developing opportunities for next generation products.

“We are excited to join our partners in Las Vegas during CES to showcase how combining BrainChip’s Akida with their technologies delivers leading edge AI solutions,” said Rob Telson, BrainChip Vice President of Ecosystem and Partnerships. “We look forward to demonstrating these capabilities in person.”

BrainChip’s neural processor Al IP is an event-based technology that is inherently lower power when compared to conventional neural network accelerators. BrainChip IP supports incremental learning and high-speed inference in a wide variety of use cases, such as convolutional neural networks with high throughput and unsurpassed performance in micro watt to milli-watt power budgets. Among the markets that BrainChip’s Essential AI technology will impact are the next generation of smart cars, smart homes of today and tomorrow, and industrial IoT
.


We've heard from VVDN and Socionext ... what's keeping Prophesee?
 
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HopalongPetrovski

I'm Spartacus!
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Look at the date in the top right corner ....15th July 2001 ????

Ceased to be a substantial holder on 31 / 10 / 2022.

Company thought they would inform the marked today 21 / 12 /2023.

Then forgot to also post page two of a two page legal document .....??????

* Looking at our last Annual Report Anil had 84,999,933 shares on31st Jan 2023, this document indicates he sold 100 shares , presently holds 84,999,833. Unless of course this is yet another mistake ????.


Who ever is incharge of handling & filling these documents needs to be fired on the spot.


F#^%ING Disgrace.

Esq.
I think this overdue holder notice today, is a good thing.

It shows to me, that shit has been hitting the fan there, over the all too frequent petty errors, that make the Company look bad, from that perspective.

I "think" we "should" be able to look forward to more professionalism, in this department moving forward.

I mean it can't be "that hard" to keep on top of those areas..
Especially with so few announcements and the conditions, that could possibly trigger a required announcement (in this case dilution by extra share issues) being predictable.
 
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Iseki

Regular
Camels being horses designed by committee, I'm not sure a consortium is the best way to go. Who would be the cat-herder-in-chief?

The company has decided that its main business model will be in the licensing of Akida IP for customers to incorporate in their chips, rather than selling chips as a product.

As we know, this is a much longer time to market than simply making chips.

However, along the way, the company has gained an understanding that each customer has unique requirements, so a one-size-fits-all chip is not appropriate.

Akida IP now comes in 3 customizable flavours, e, s, p which can be incorporated into customer SoC including a processor.

https://brainchip.com/akida-generations/

e has up to 2 nodes (4*NPEs), and can be used for ultra-low power applications such as:
  • Vibration Detection
  • Anomaly Detection
  • Keyword Spotting
  • Sensor Fusion
  • Low-Res Presence Detection
  • Gesture Detection
at up to 200 MHz.

s has up to 8 nodes, and can be used for application such as:
  • Advanced Keyword Spotting
  • Sensor Fusion
  • Low-Res Presence Detection
  • Gesture Detection & Recognition
  • Object Classification
  • Biometric Recognition
  • Advanced Speech Recognition
  • Object Detection & Semantic Segmentation

at up to 500MHz.

- all without CPU intervention after initial configuration.

p has up to 256 nodes (1024 NPEs), and can be used for applications such as:

  • Gesture Detection
  • Object Classification
  • Advanced Speech Recognition
  • Object Detection & Semantic Segmentation
  • Advanced Sequence Prediction
  • Video Object Detection & Tracking
  • Vision Transformer Networks


Akida can be adapted for each different application by "programming" it with a model library of examples representative of the intended application.

The Akida neural network (NN) includes nodes of 4 Neural Processing Engines (NPE) interconnected by a switchable communication matrix so different arrangements of the NPEs can be configured to suit each different application. Usually the configuration will consist of three or more layers of NPEs, each with a selectable number of connexions with the NPEs in the following layer.

The configuration is "programmable" and not fixed. A processor (MCU, MPU, CPU, GPU) is used to set up the configuration but is not used for the basic classification/inference tasks, although it can also be used to utilize the output from the Akida silicon. The Akida IP will normally be manufactured as part of the same SoC as the processor.

Akida IP can be incorporated with any "standard" processor (processor agnostic).

We are in the "ecosystem" of ARM and IFS. Renesas and MegaChips have Akida IP licences.

Prophesee and Valeo have products for which Akida is a natural fit. VVDN is producing an Akida Edge Box.

Unigen and BrainChip are developing and Edge Server.

BRN is working with Lorser and separately Ipsilon on software defined radio

BRN is working with emorion3D and nViso on DMS.

In space, there's NASA, ANT61, EdgX.

The list goes on ...

Cybersecurity - Quantum Venture, DUTH.

RISC-V - SiFive.

Socionext - DMS, in-cabin radar ...

If we had any more irons in the fire, we'd need a blast furnace to keep them hot.

This was the BRN pre-CES announcement a year ago:

https://brainchip.com/brainchip-joi...rate-capabilities-of-akida-powered-solutions/

BrainChip Joins Technology Partners During CES to Demonstrate Capabilities of Akida-Powered Solutions​


Laguna Hills, Calif. – December 29, 2022
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, today announced that it will be joining partners Prophesee, Socionext, and VVDN January 5-8 at CES to showcase compelling solutions on constrained edge devices, featuring its Akida™ processors. Akida processors simplify development by supporting today’s mainstream network models and workflows while being future-proofed for next-generation edge AI solutions.

BrainChip joins Prophesee at The Venetian Hotel as part of a technology showcase highlighting Prophesee’s Metavision® platform. BrainChip partners with Prophesee to optimize computer vision AI performance and efficiency to deliver next-generation platforms for OEMs interested in integrating event-based vision systems with high levels of AI performance coupled with ultra-low power technologies.

BrainChip joins Socionext in the Vehicle Tech and Advanced Mobility Zone, located in the Las Vegas Convention Center, North Hall in Booth 10654. Socionext will be showcasing its leading-edge technologies and solutions in automotive imaging, AI, and smart sensing to help customers develop feature rich custom SoCs that enable product differentiation with an added competitive edge. Socionext has played an important role in the implementation of BrainChip’s AI technology in SoCs and the companies are working together to satisfy the need for AI in edge computing. As part of this showcase, BrainChip will be highlighting its functionality with NVISO’s human-behavior software designed for the automotive in-cabin environment.

VVDN Technologies has more than a decade of experience in product engineering and manufacturing electronic solutions. VVDN offers a value proposition by being a one-stop shop for customers by offering complete hardware, software, mechanical, testing, prototyping, certification, and manufacturing services. The company’s focus is to help customers with their next technology innovation in the space of 5G, Wireless, AI/ML on Vision-based solutions, IoT, Cloud and Apps. To enable the same, BrainChip will be highlighting its industry leading technology at the VVDN Technologies Booth 10870 at CES developing opportunities for next generation products.

“We are excited to join our partners in Las Vegas during CES to showcase how combining BrainChip’s Akida with their technologies delivers leading edge AI solutions,” said Rob Telson, BrainChip Vice President of Ecosystem and Partnerships. “We look forward to demonstrating these capabilities in person.”

BrainChip’s neural processor Al IP is an event-based technology that is inherently lower power when compared to conventional neural network accelerators. BrainChip IP supports incremental learning and high-speed inference in a wide variety of use cases, such as convolutional neural networks with high throughput and unsurpassed performance in micro watt to milli-watt power budgets. Among the markets that BrainChip’s Essential AI technology will impact are the next generation of smart cars, smart homes of today and tomorrow, and industrial IoT
.


We've heard from VVDN and Socionext ... what's keeping Prophesee?
Hi Dio,

I have nothing but respect for you and FF. Everything you say is correct and well researched.

I just can't see the incentive for anyone to pay for the design and manufacture their own propriety chip that contains our propriety Aklida IP, which I think is our model.
Surely you agree that we are marketing our IP in the opposite way that others eg Hailo, Syntiant are.
I only conclude that if it is too expensive for BRN to manufacture an Akida 2 chip, and it's too expensive for Renesas, say to manufacture an Akida2 chip for general sale, then perhaps a consortium of interested parties may be the way to go.
 
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JDelekto

Regular
Hi Dio,

I have nothing but respect for you and FF. Everything you say is correct and well researched.

I just can't see the incentive for anyone to pay for the design and manufacture their own propriety chip that contains our propriety Aklida IP, which I think is our model.
Surely you agree that we are marketing our IP in the opposite way that others eg Hailo, Syntiant are.
I only conclude that if it is too expensive for BRN to manufacture an Akida 2 chip, and it's too expensive for Renesas, say to manufacture an Akida2 chip for general sale, then perhaps a consortium of interested parties may be the way to go.
It will depend on the application that drives the need to invest in manufacturing new chips that contain Akida's IP.

Consider tiny, portable, disconnected devices that need a small form factor, emit little heat, and have a long battery life. Wearables are the first thing that comes to mind, whether it is sports watches, hearing aids, or medical devices. An intelligent company will not throw an expensive, power-hungry NVIDIA processor into it.

I also see BrainChip's IP being incorporated into specific sensor solutions that become a small module in a much larger product, whether an automobile, kitchen appliance or child's toy.

I wouldn't restrict the potential applications of Akida to Edge boxes and servers (which are more prominent through recent partnership announcements) and consider this is only a narrow slice of the specific applications for which Akida will shine.

More specifically, intelligent sensor modules.
 
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