BRN 0.00% 31.0¢ brainchip holdings ltd

Where to from here?, page-1148

  1. 8,120 Posts.
    lightbulb Created with Sketch. 2320
    Just a reminder Off BRN site plus FN



    BrainChip in dialogue with Volkswagen! Renault! General Motors! Valeo! And the list goes on!?:
    https://www.finnewsnetwork.com.au/archives/finance_news_network168265.html

    Automotive is autonomous vehicles, primarily ADAS or advanced driver-assisted systems, there are opportunities for BrainChip Studio and Brain Chip Accelerator. As we've mentioned, you know we shipped our very first BrainChip Accelerator card into a large European automobile manufacturer, you know for a wide variety of venues, and that could be the publicity that we got on shipping the cards, it could be the publicity that we've gotten at trade conferences, but we're working with a wide variety of automotive manufacturers or third party manufacturers, both to get BrainChip Studio and BrainChip Accelerator designed in, but maybe more importantly to work with them as partners in the Akida development, so that as we develop Akida, we know that it's well-tailored for these applications, we know that there's a customer waiting when we get to the end of the rainbow and the product is launched.

    I'm talking about companies that we're having dialogue with now, including Volkswagen, Renault, General Motors, Valeo you know the list goes on. It's really a matter of intercepting them at a point in their research and development where they can have influence on Akida or they can leverage Studio or the Accelerator.

    So, with that in mind, let me just go through these things kind of one at a time. When we talk about the shipment of that first accelerator card to a major European automobile manufacturer, that has progressed very, very nicely. We're not in a position to name names, but it is a European major. It's kind of like Detroit. In Europe, you've got three majors, they all happen to be German. That's moving nicely and has actually come to a point where we're engaging in a dialogue about a joint development agreement. The accelerator card demonstrates what we can do in a supervised learning mode. When you think about ADAS, or advanced driver assisted systems, that goes from level one all the way to level five, which is a fully autonomous vehicle that really begs for the kind of capability and capacity that AKIDA can deliver, and I think as we discussed in the last call, our goal with the AKIDA development, and I will talk about the development itself in a moment, when we talk about the AKIDA development, the best case for any development of a processor as complex as this is that you have close collaboration with what we'll call a lighthouse customer, someone that gives you guidance as to what the hooks are, what the ins and outs need to be such that when the product comes out, you've got a baked in customer who's giving you guidance along the way.

    So, we're very pleased with the development around that European automobile manufacturer and their goal to get a development agreement in place with us. Not our idea, it was their idea. Further to that, not out of Europe, but out of Detroit, we're expecting an order for an accelerator card out of one of the top three in Detroit, similar trajectory. They want to play with the card, they want to understand how the spiking neural network works with respect to supervised learning as well as get educated and help educate us on what could be done with AKIDA in that development process when the product comes out that there's actually another potential end customer in play.

    So, overall, as we embarked on the AKIDA development, we laid out a course of ADAS, autonomous vehicles, find close collaboration with majors in the industry. I think we've really done a great job there. In some respects, they found us and in some respects, we went hunting for them. So, I think overall, that's gone very well.

    Yeah, there's a question about NDA's, we talked about that. It's the nature of the beast, one cellphone manufacturer doesn't want another cellphone manufacturer knowing what technology they're using. One automobile manufacturer doesn't want another... As things mature and you get into production or close to production, we probably will be more free to talk about the commercialisation.

    Ties in alot better now
    Last edited by rayz: 28/10/19
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $608.3M
Open High Low Value Volume
30.5¢ 32.5¢ 29.5¢ $8.006M 26.05M

Buyers (Bids)

No. Vol. Price($)
8 1183664 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 549396 12
View Market Depth
Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.