BRN Discussion Ongoing

[zeeb0t]

Oh, and as an amnesty - anyone recently 'discouraged' or 'banned' temporarily, who was not placed on that role by myself personally, has now been returned early release from prison.

 

[Damo4]

Oh, and as am amnesty - anyone recently 'discouraged' or 'banned' temporarily, who was not placed on that role by myself personally, has now been returned early release from prison.

Appreciate the generosity Zeeb0t.
Happy to discuss privately so as not to appear off topic some feedback

 

[SERA2g]

@TECH I can't see how $0 income at this stage of the company's journey could be considered stable? If we are to judge our CEO as he wishes to be (on results rather than effort) then the 4C numbers need to reflect that. In my view it would be disingenuous of him to claim the technical advances as a signal of his success - these were well underway before he arrived. Sean was hired to head up the commercial growth of the company and if the 4C doesn't show some good progress he will, in my opinion, be guilty of making statements that were, lets say, enthusiastic rather than realistic. I hope that doesn't prove to be the case for all our sakes...............

I agree the technical advances are not a signal of Sean's success in his role as CEO.

It's important to look at where Brainchip was as a company prior to Sean's appointment to fully assess his performance to date.

Prior to Sean coming on, PVDM was our interim CEO during the search for a new CEO which we now know to be Sean Hehir.

I've met Peter multiple times, he's an amazing human, a true innovator and no doubt works himself more than he needs to given his age and financial position, but he's not cut from the CEO cloth and I would hazard a guess probably hated his time in the chair and would have much preferred to be out the back in the shed (or Brainchip Research Institute) tinkering away on our next gen technologies instead of facing up for a stocks down under presentation.

I don't think it would be too much of a stretch to say there was only one-hand on the steering wheel while Peter was temporarily driving the bus, and you know what, that's probably fair. The fact is prior to Sean and given the stage that the company was at, Peter's role as CTO was the most important role at the company at that time. During Peter's interim tenure as CEO, NVISO's driver monitoring system would have been flashing red and beeping at the detection of an unalert driver because Peter simply had more important things to do day-to-day.

Fast forward to Sean's appointment as CEO, 9 months or so after the search began. Peter takes his one hand off the wheel and gets to walk down the aisle to the back of the bus where he takes a seat next to the cortical column he had been heavily working on 9 months prior but has had limited time to tinker with of late due to his increased responsibility as interim CEO. He picks up the cortical column and looks at it intently, his eyes begin to shine and a large smile crosses his face.

Sean climbs the steps of the bus, looks around, gives a wave to those on the bus and then sits down in the warm seat left behind by Peter. Sean pulls a pair of aviators out of his jacket pocket and puts them on before then placing two hands on the steering wheel and gently steering the bus back into the centre of the lane.

15 November 2021 - the commercialisation bus is now back on track. See announcement below regarding Sean's appointment, key focus areas and what he brings to the table.

https://brainchip.com/sean-hehir-as-new-chief-executive-officer/
Aliso Viejo, Calif. – 15 November 2021 – BrainChip Holdings Ltd (ASX: BRN), (OTCQX: BCHPY), a leading provider of ultra-low power, high performance artificial intelligence technology and the world’s first commercial producer of neuromorphic AI chips, today announced it has appointed Sean Hehir, a proven technology executive with significant experience in driving explosive revenue growth for the world’s largest technology organizations, as Chief Executive Officer. He will guide the company towards full commercialization of its Akida™ neuromorphic computing platforms out of the new North American offices in Laguna Hills, California.

Mr. Hehir’s track record of organizational development, strategic alliances, and go-to-market programs have driven revenue growth for large technology organizations, including HP, Compaq, and Fusion-io. As a relationship-builder, he has executed programs and partnerships with companies such as Microsoft, Intel, AMD, Oracle, Cisco, SAP, and Accenture. He currently serves as a board member of the Silicon Valley Executive Network and holds a bachelor’s in business from the University of Massachusetts at Amherst plus an MBA from Georgia State University.

“I’m excited to join BrainChip at this pivotal time in their history. It is a time when the company is heavily invested in working with partners that will benefit from AI at the edge. I believe my experience in building strong relationships with top-tier global clients will prove beneficial to BrainChip as they enter this next phase of growth,” said Mr. Hehir. “Preparing for the broad commercial launch of Akida silicon and intellectual property will be my top priority, so BrainChip can begin its transformation from a company developing groundbreaking AI technology to a company supplying cutting-edge markets like automotive, transportation, consumer, aerospace, medical, and industrial IoT with the best AI technology available.”

Since Sean's appointment, the following developments have been made which I believe DO signal Sean's performance (or lack there of) in his role as CEO (hopefully I haven't missed anything).

1. Complete company and website rebranding exercise undertaken within weeks of Sean's appointment as CEO (prior to the rebranding you may recall Brainchip had an Exxon Mobil-like PR disaster with the now infamous table cloth saga.
2. 9th March 2022 - BrainChip Continues Expansion with Sales Partnerships in New Geographic Markets
3. 5th April 2022 - BrainChip and SiFive Partner to Deploy AI/ML Technology at the Edge
4. 20th April 2022 - BrainChip and NVISO Partner on Human Behavioral Analytics in Automotive and Edge AI Devices
5. 11th May 2022 - BrainChip Launches AI Enablement Program
6. 16th May 2022 - BrainChip and Edge Impulse Partner to Accelerate AI/ML Deployments
7. 23rd May 2022 - BrainChip Joins Arm AI Partner Program
8. 26th May 2022 - MegaChips Forms Strategic Partnership with BrainChip
9. 20th June 2022 - BrainChip Partners with Prophesee Optimizing Computer Vision AI Performance and Efficiency
10. 17th August 2022 - BrainChip Empowers Next Generation of Technology Innovators with Launch of the University AI Accelerator Program
11. 23rd November 2022 - BrainChip Adds Rochester Institute of Technology to its University AI Accelerator Program
12. 12th December 2022 - BrainChip Joins Intel Foundry Services to Advance Neuromorphic AI at the Edge
13. 3rd January 2023 - Edge Impulse and BrainChip Partner to Further AI Development with Support for the Akida platform
14. 6th February 2023 - BrainChip Partners with AI Labs on Next-Generation Application Development
15. 27th February 2023 - BrainChip Partners with emotion3D to Improve Driver Safety and User Experience
16. 2nd March 2023 - BrainChip Expands Its Ecosystem with Teksun to Bring the Akida Processor to Next-Generation AIoT Devices
17. 11th April 2023 - BrainChip and Blue Ridge Envisioneering Collaborate on Next- Generation Tactical Edge Devices

I'm aware a lot of the above would have been a team effort including the likes of Rob Telson and Chris Stevens, but Sean's top priority upon appointment was to [rephrased] "prepare for the broad commercial launch of Akida silicon and intellectual property".

In addition to the above, I wonder how many of the podcasts guests that have come on since Sean's appointment have come from his strong network of top-tier global companies. Jean-Luc Chatelain (Accenture's [$183B company] Managing Director and Global Chief Technology Officer of Accenture Applied Intelligence) being at least one of them.

Long gone are the days where Brainchip turns up to CES with an unironed table cloth. The company has taken significant steps forward in its commercialisation efforts since the appointment of Sean.

Sean can't make the technology hit the market quicker, he relies on Anil, Peter and the rest of the team to get it to our customers to test. Timing of commercial deals is then out of everyones hands. I'm sure we're not far off deals landing, it is and has always been a matter of time and I believe that time is getting closer.

What Sean can do is get the company positioned well from a partnership and ecosystem perspective, to ensure smooth and fast uptake of our technology market wide in an ubiquitous manner. The above developments, in my opinion, confirm Sean has done a great job of positioning Brainchip in this regard.

There's more work to be done no doubt, but in my mind, Sean is doing a great job, irrespective of the share price, which will do what it'll do.

Cheers
SERA2g

 

[Bravo]

Appreciate the generosity Zeeb0t.
Happy to discuss privately so as not to appear off topic some feedback

 

[Deleted member 118]

“He says that the Renasas chip will be ready for release in the coming months. It's easy for holders to assume these will sell like hotcakes.”
While I hope this is the case, they may not sell.

Fairly certain that Renesas would have back orders for these chips, particularly if they are for the automobile industry. Renesas sell a lot into auto industry. If this is the case then when they are mass produced Renesas would be paying BrainChip the associated royalties.

Is it a chip or a product with Akida ip imbedded within it? Im more inclined to think it’s the latter.

 

[Diogenese]

View attachment 34745

Well done you - naughty corner's looking very bear.

 

[Deleted member 118]

Exactly how i voted.

And I’m going to vote the same if I can work out how to do it online

 

[HarryCool1]

If I may be permitted to chime in here, I don't know if Dreddbott is ever going to make into the Comedy Festival line-up because he doesn't appear to have a very good sense of humour.

It said that I was flaming and baiting when I said "Whoops, forgive me, I must have missed the memo that told us this forum is actually the BrainChip complaints department".

And in another example, it reasoned that "carrying on like a pork chop" was a personal insult and the use of "whinge" could be considered a profanity.

If we can't use sarcasm as an expression of humour then I am definitely going to wind up a permanent fixture in the naughty corner.

And yes, I agree with your sentiment @Borat. I think that it has the potential to lead to a cold and clinical "vibe" which would be a shame. We should be allowed to have a bit of fun because that's part of this forum's charm IMO.

 

[Makeme 2020]

Oh, and as an amnesty - anyone recently 'discouraged' or 'banned' temporarily, who was not placed on that role by myself personally, has now been returned early release from prison.

Get out jail (Naught corner) free card ...LOL

 

[Makeme 2020]

And I’m going to vote the same if I can work out how to do it online

I received a email outlining the procedure to vote on line very easy to vote....

 

[Makeme 2020]

Get out jail (Naught corner) free card ...LOL

My bad Naughty corner......

 

[Diogenese]

Dwellwell Accepted into Prestigious REACH Program for Innovative Real Estate Technology​

APRIL 12, 2023

Smart home data and analytics provider selected as one of only seven commercial participants,
from hundreds of applicants ​

Dwellwell, the first data-driven residential diagnostics Software-as-a-Service (SaaS) platform – also known as the First Check Engine Light for the HomeTM – today announced it has been selected to join the 2023 REACH Commercial program. The highly competitive cohort is comprised of seven participants, chosen from hundreds of applications globally.
Created by Second Century Ventures — the most active global fund in real estate technology — and backed by the National Association of Realtors®, REACH is a technology scale-up program designed to accelerate start-up companies’ growth. The program leverages the association’s more than 1.5 million members and unparalleled network of executives within real estate and adjacent industries to achieve this objective through education, mentoring, events, and peer networking.
“We are thrilled to be selected for the 2023 REACH commercial cohort.” said Dan Simpkins, Dwellwell Co-Founder and CEO. “No other accelerator program can deliver the breadth of capabilities and deep bench of real estate professionals to support our growth. We are eager to benefit from REACH’s knowledge, mentoring, and expert guidance as we take Dwellwell to new heights.”
REACH offers a demonstrated track record of success through prior cohorts. The program has played a significant role in advancing real estate technology through innovations such as digital signatures, data analytics, and financial platforms.
“We work with start-ups whose solutions will benefit real estate professionals across all sectors. Dwellwell’s unique proptech platform, leadership team, and success to date made them a natural match for our program,” noted Bob Gillespie, Executive Director, REACH Commercial. “Our selection process for REACH is very competitive, receiving application from across the globe, and we had an outstanding group of applicants this year. We look forward to working with Dwellwell to advance the development and deployment of their platform.”
Dwellwell’s innovative, industry changing smart home product delivers comprehensive diagnostics for the entire home. The SaaS platform helps institutional property owners better understand the overall health of their rental properties and avert costly catastrophes like fire, HVAC failures, and flooding. Combining patent-pending, multi-sensing technology and artificial intelligence, Dwellwell identifies maintenance issues as soon as they arise ‒ and ultimately predicts issues before they occur.
About Dwellwell
Dwellwell is the first comprehensive Check Engine Light for the HomeTM. The powerful technology diagnoses and alerts residential property owners and managers to irregularities in the performance of core building systems, like HVAC, electrical, plumbing, and even environmental concerns. The SaaS platform provides early detection of issues before they lead to system failure or devolve to catastrophic faults. Built by a team of seasoned tech entrepreneurs, Dwellwell proactively diagnoses issues across an entire building, helping large-scale single-family rental and multifamily owners streamline maintenance, generate cost savings, and improve resident comfort.
About REACH
REACH is a unique technology scale-up program created by Second Century Ventures, the most active global fund in real estate technology. Backed by the National Association of Realtors®, REACH leverages the association’s more than 1.5 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies scale across the real estate vertical and its adjacent markets through education, mentorship, and market exposure.

This could prove a giant boost for Dwellwell sales. Let’s see what comes of it

...and they'll need to update their tech from the 1980s:

WO2017120300A1 CONTENT DELIVERY SYSTEMS AND METHODS

Systems and methods according to the present invention describe dynamically discovering and displaying content, represented by a plurality of different images on a graphical user interface. Based on the interaction of the user, whether an explicit interaction or no interaction at all, content is updated and displayed to a user for further manipulation.




US2016054977A1 SYSTEMS AND METHODS WHICH JOINTLY PROCESS MOTION AND AUDIO DATA

Motion and audio data associated with an area or a user are sensed and processed jointly to achieve improved results as compared to utilizing only the motion or the audio data by themselves. Synergies between motion and audio are identified and exploited in devices ranging from cell phones to activity trackers to home entertainment and alarm systems.

In this example, such functions 512 include a block 514 to determine the mood of the speaker (e.g., happy, sad), a block 516 to identify the speaker based on the characteristics of the speech provided by the scene analysis block 510 , and a third block 518 is a speech recognition engine to detect the words, and possibly phonemes, in the detected speech.

 

[TopCat]

...and they'll need to update their tech from the 1980s:

WO2017120300A1 CONTENT DELIVERY SYSTEMS AND METHODS

View attachment 34746

Systems and methods according to the present invention describe dynamically discovering and displaying content, represented by a plurality of different images on a graphical user interface. Based on the interaction of the user, whether an explicit interaction or no interaction at all, content is updated and displayed to a user for further manipulation.




US2016054977A1 SYSTEMS AND METHODS WHICH JOINTLY PROCESS MOTION AND AUDIO DATA View attachment 34747


Motion and audio data associated with an area or a user are sensed and processed jointly to achieve improved results as compared to utilizing only the motion or the audio data by themselves. Synergies between motion and audio are identified and exploited in devices ranging from cell phones to activity trackers to home entertainment and alarm systems.

In this example, such functions 512 include a block 514 to determine the mood of the speaker (e.g., happy, sad), a block 516 to identify the speaker based on the characteristics of the speech provided by the scene analysis block 510 , and a third block 518 is a speech recognition engine to detect the words, and possibly phonemes, in the detected speech.

Well as they say, if it ain’t broke…..

 

[Deleted member 118]

Oh, and as an amnesty - anyone recently 'discouraged' or 'banned' temporarily, who was not placed on that role by myself personally, has now been returned early release from prison.

Where’s the a will there’s a way

 

[HarryCool1]

Maybe the regulars don't hit the report button, because we're too busy contributing versus the "complainants" whose only real contribution appears to be hitting the report button?

 

[Dang Son]

Sure.
The phrase "The company’s first-to-market, fully digital, event-based AI processor, AkidaTM,.."
appears in at the bottom of BRN's ASX announcements.
Fully digital means that as soon as you get it to work, you can tape it out and hand it over to any of the silicon fab factories and they can print them out by the billion.

I'm beginning to think ~there may be developing use cases for existing analogue sensors and data processors that
leverage the computing capabilities of spiking neural networks to deliver ground-breaking cognitive performance within a narrow power envelope unlocking true neuromorphic pattern recognition.
Simples
But in saying that, I'm in-patient to see my investment proven and shares worth the wait (since 2017), FFS

 

[Deleted member 118]

I received a email outlining the procedure to vote on line very easy to vote....

My wife and I just voted and apart from Peter the rest got a no vote from us on the share issue until we start seeing real $$ return on our investments over the next 4 or so quarterlies, then I think I’d be happy for them to receive a bonus and no sooner.

 

[Xhosa12345]

View attachment 34745

Rofl... bravo with the new batch of get out of jail free cards, love it!

Week to go til 4c time, which is going to be a modest cut and paste update from last time imo. I pray im wrong, but i suspect im right.

Agm commentary is going to be next interesting thing of note and thanks in advance to the punters going who will give some good insights here.

Anzac day weekend time, im having a long one cos of stupid school throwing a pupil free day monday straight after holidays... i swear this wasnt the case when i was in school. Have a great one guys and remember to spare a thought for the diggers, without them we wouldnt be here worrying about the share price and company development, let alone the snarks who dob in and report posts cos too much free time.

Thats my pc version which is also pre first beer...!

 

[Schnitzel lover]

I will wait for the quarterly report but I am 99% sure that I will be voting against almost all of them for the first time .

Yes, the management can't control share price, but share price can be seen as a strong indicator of their performance (especially given we are a small tech company in which the macro economic factors are not the main driver of the share price but revenue & IP contracts are)...

The fact is that we have only landed two IP contracts back in 2020 n 2021... and none for over 12 months ... and there were no material price sensitive announcements other than technological advancements and quartery / annual reports...

I honestly thought that time to land a new contract will reduce significantly given we've landed a couple (vs 0 previously) and we would experience exponential growths... but instead, we stopped landing any IP contracts despite acheiving more technological advancement & joining multiple eco systems...

I wonder how long it will take for all these "interested" "EAPs" who are hiding behind NDA as they would like to hide us from the competitors to put the money on where their mouth is...

Also, I would love to know how are we defining "interest" & "engaged"? I am interested in iphone 15 16 17 99 and would love to test them for fun even though I will probably never buy them...

All IMO...

23 December 2020: BrainChip Signs First Akida™ Intellectual Property License Agreement

21 November 2021: BrainChip Partners with MegaChips to Develop Next-Generation Edge-Based AI Solutions

Appreciate your opinion

Maybe one correction. $4-5million in new IP deals through Megachips in the last 12 months and that is pre-Gen 2 Akida..

I’d be staggered if all these new partnerships nett no new IP deals when Gen 2 is available..

 

[Damo4]

It's a real shame there isn't more transparency around the Incentives.
Hard to vote yes blindly, but if they are making good progress that deserves recognition, hard to blindly vote no.
Without knowing the kpis and targets met it's a bit airy fairy
As others have said I think waiting for the 4C would be prudent, I'm not sure why people are voting prior.