Thanks, all clear. I had forgotten about that presentation.Did somebody say FPGA?????
From the Investor Presentation from last years surprise CR...
Investor Presentation 25/07/2024
"Use of Funds
Proceeds from the Placement and SPP will be used primarily to support the ongoing commercialisation of Akida 2.0
technology and the development, productization and commercialization of the new TENNs product. This represents the next
expansion in BrainChip’s product portfolio and builds on its existing leadership position in the field of neuromorphic
technology.
Non-deal related use of funds includes:
• Accelerate development of TENNs technology and derivative products & models for sales opportunities and product
portfolio expansion.
• Development of an Akida 2.0 derivative to support LLM (Large Language Models) on edge devices.
• Development of a cloud-based FPGA system to run Akida 2.0 for customer evaluation purposes.
• Ongoing investment in research & development to analyze new and emerging technology opportunities for novel edge
AI applications and product roadmap expansion
Investor Presentation 2024 |"
It's a marketing tool, not a commercial product!!!
Looks like the Tech advance/s that Sean said was on the way will come from the use of funds described in the presentation.