BRN Discussion Ongoing

[Pom down under]

You also think the share price looks in good shape?

Well we know you don’t, isn’t that all that counts

 

[TECH]

Hi Tech,

I don't begrudge the engineers and programmers one cent of their bonuses. In my opinion, the technical advances with each iteration of Akida has more than tripled the potential market of the company.

Sales and marketing have had an extremely difficult task, selling an entirely new tech to an uncomprehending market with years of forward commitments.

As I may have mentioned before, I believe that cybersecurity on its own will make us profitable. This is now a COTS product, the market need for which has exponential growth as hackers are empowered by AI.

Then there is the astonishing advance of see-in-the-dark radar which grew out of the RTX microDoppler SBIR for USAFRL, radar which can not only identify objects but do so in fine detail. Of course, a lot of that advance does depend on the radar transceiver's capabilities, and on the models, but it would not be possible without the negligible latency of Akida enabling real time responses.

My dream to this day has never changed, that is to see both Peter and Anil receive the true acknowledgement that they both deserve.

I agree that key staff should always be given incentives, but the timing of such is also critical, we have not only burnt funds over the years, but since the days when Peter took charge, the outgoings have stablized to around 4 million US per quarter and seems pretty steady and controlled in my opinion.

Sean has done positive improvements in my opinion, the second half of 2026 through to mid 2027 is the period I am expecting to see rewards for all the hard work behind the scenes.

Cheers Tech.

 

[Jacob Kiraz]

My dream to this day has never changed, that is to see both Peter and Anil receive the true acknowledgement that they both deserve.

I agree that key staff should always be given incentives, but the timing of such is also critical, we have not only burnt funds over the years, but since the days when Peter took charge, the outgoings have stablized to around 4 million US per quarter and seems pretty steady and controlled in my opinion.

Sean has done positive improvements in my opinion, the second half of 2026 through to mid 2027 is the period I am expecting to see rewards for all the hard work behind the scenes.

Cheers Tech.

Yes reflecting over the weekend Its about Time,
In saying that the next 12 months is key to see the company with more engagements and possibly some IP deals, it would be good if we had some solid information with the future of megachips and Renesa whether there in or out,
When will the AI world really kick into gear,
The AGM I feel some hard hitting questions will be presented and hopefully answered,
Especially to Sean to explain the comments over the last few months

 

[manny100]

My dream to this day has never changed, that is to see both Peter and Anil receive the true acknowledgement that they both deserve.

I agree that key staff should always be given incentives, but the timing of such is also critical, we have not only burnt funds over the years, but since the days when Peter took charge, the outgoings have stablized to around 4 million US per quarter and seems pretty steady and controlled in my opinion.

Sean has done positive improvements in my opinion, the second half of 2026 through to mid 2027 is the period I am expecting to see rewards for all the hard work behind the scenes.

Cheers Tech.

Hi Tech,
Sean's stated aim is that longer term Brainchip will be in the top 2 or 3 leaders of a much larger and growing Neuromorphic Edge AI Industry.
This means that Brainchip is well aware that competition will emerge.
It follows that in order to stay on top of 'our own game' we need to keep developing and improving our tech and ecosystem non stop even before the frustrating wait until deals happen - and IMO they will.
Staff developing tech and the ecosystem need to be rewarded.
Sean reiterated in the update that there were engagements underway. I imagine staff initiating these would at some stage see rewards.
The employee share scheme holds a lot of shares some of which end up with staff.

 

[manny100]

Hi Tech,

I don't begrudge the engineers and programmers one cent of their bonuses. In my opinion, the technical advances with each iteration of Akida has more than tripled the potential market of the company.

Sales and marketing have had an extremely difficult task, selling an entirely new tech to an uncomprehending market with years of forward commitments.

As I may have mentioned before, I believe that cybersecurity on its own will make us profitable. This is now a COTS product, the market need for which has exponential growth as hackers are empowered by AI.

Then there is the astonishing advance of see-in-the-dark radar which grew out of the RTX microDoppler SBIR for USAFRL, radar which can not only identify objects but do so in fine detail. Of course, a lot of that advance does depend on the radar transceiver's capabilities, and on the models, but it would not be possible without the negligible latency of Akida enabling real time responses.

Hi Dio, i remember Tony Lewis said with Gen 2 a bright student could invent something at home.
Kevin D. Johnson of IBM bought an AKIDA 1000 M.2.
It's interesting that he can apparently just plug into Symphony on a Monday and off it goes.
I am aware he is practically an AI genius but i wonder whether he would have 'quietly' needed some prior advice from BRN?
The way its come out on his linked in post makes it sound so easy and is great marketing for both IBM and Brainchip.
Especially great marketing for Brainchip as it cannot be seen as company ramping.
I think that IBM will be very good for Brainchip deal wise.

 

[Gazzafish]

This 20200414 Godelius patent application uses vanilla radar:

WO2021207861A1 ROBOTIC METHOD AND SYSTEM FOR JOINING PARTS OF A STRUCTURE USING ANCHORING ELEMENTS SUCH AS NUTS, BOLTS, SCREWS, PLUGS OR RIVETS IN DIFFERENT STRUCTURES AND AT DIFFERENT HEIGHTS AUTONOMOUSLY, WITHOUT THE PRESENCE OF PEOPLE IN THE WORK AREA

Hi dodgy. You are next level. I do hope you are earning some seriously big $$ as your intellect and technical understanding is next level and way above my pay grade and probably many others here. Really appreciate your contribution and technical breakdown of the tech. Much appreciated and respected here.

 

[Diogenese]

Hi Dio, i remember Tony Lewis said with Gen 2 a bright student could invent something at home.
Kevin D. Johnson of IBM bought an AKIDA 1000 M.2.
It's interesting that he can apparently just plug into Symphony on a Monday and off it goes.
I am aware he is practically an AI genius but i wonder whether he would have 'quietly' needed some prior advice from BRN?
The way its come out on his linked in post makes it sound so easy and is great marketing for both IBM and Brainchip.
Especially great marketing for Brainchip as it cannot be seen as company ramping.
I think that IBM will be very good for Brainchip deal wise.

Hi manny,

To get it running, he would have needed an Akida compatible model and then he would have needed to configure the layers/NPUs per layer/inter-NPU connexions/weights per connexion.

The model would have been adapted from Symphony's model to Akida 4-bit format using MetaTF.

I think there is also guidance for the configuration.

No doubt his AI/NN expertise would have made it a piece of cake.

Akida and MetaTF were intended to be implementable by a competent AI/NN programmer. Familiarity with PyTorch/Keras would be an advantage.

The big hurdle that any newcomer faces is obtaining an appropriate model. BRN provides basic models which can be expanded with on-chip learning. For those with existing CPU/CNN models, MetaTF can adapt these for Akida use.

 

[Space Cadet]

I very much appreciate the 3 posts you made today.

They are some of the best analysis "of the lay of the land" I seen in a while.

I am feeling, like you, that we are almost there where it gonna get very interesting and suffering long time holders will be pleased.

Only IMO, not investment advice.

And yet some are calling for a spill. When companies are looking to sign a contract, they will look at a range of things before signing. At the top of the list is the balance sheet (Does the company have the funds to be a going concern and meet their obligations which obviously includes supply of chips if that is what they are after.) The credit raise in my opinion was required to show that they could supply the chips and may very well have been a condition. Also they will check the stability of the company and board. I would think a blind man could see the damage a spill could do, especially when I feel we are getting close. By close, I personally mean next 12 months or so.

SC

 

[Stable Genius]

I invested in Beneficial Ai and now wonder if this will speed up my roi?

https://www.war.gov/News/Releases/Release/Article/4376441/the-war-department-overhauls-innovation-ecosystem-to-accelerate-technology-to-t/

 

[Dr E Brown]

You also think the share price looks in good shape?

I think the share price fairly represents where we are in terms of revenue. If I were completely honest given the dilution with the CR and LDA it may even be construed as a little high.
Now the other part of your question - do I like it? Absolutely not, but I have clearly expressed where I hope it will be in the next two years, free from emotion, which I am in the lucky situation to be in. I understand many, perhaps most are not at the buy-in levels that I have. If it does drop further, which I sincerely hope it does not, I will buy more, based upon my earlier analysis.
I guess the bit that everybody focuses on is - does the share price suggest we should call for the removal of the CEO and the board. In my opinion, absolutely not. They cannot control the share price directly. What matters now is revenue, and relatively substantial revenue, in the 10's of millions to start with. That will move the SP. As smoothsailing stated a consumer customer or a substantial IP or chip contract will give us a significant re-rate. That is what the CEO, Board etc are and need to be focussing on, as well as maintaining our lead and opening up new markets through technological advancement. It's really a fairly simple equation.
Thanks for your question - loaded though it may have been.